Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Schwab Fundamental U.S. Broad Market Index ETF
$31.45+0.07 (+0.22%)
- 0.25%
- $1.5B
- +27.2%
- 1.43%
- 0.3M sh
- $31.25
- low $25.19high $32.03
The ETF.net FNDB Grade
C
Score 48 out of 100
- 10 of 11
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F11 out of 100Rank 10 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A77 out of 100Rank 11 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B68 out of 100Rank 1 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D39 out of 100Rank 8 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A85 out of 100Rank 1 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D34 out of 100Rank 9 of 11
Our read on FNDB
CMost total-market funds let share prices decide who's biggest. FNDB uses a different scoreboard: roughly 1,600 US companies weighted by fundamental measures of size, not market value.
The fund seeks to track, before fees and expenses, the total return of an index covering U.S. companies and weighting them according to fundamental measures of size.
Why people hold it
- Weights companies by fundamental measures of size rather than share price, so rebalances trim what the market has bid up and add to what it hasn't.
- Roughly 1,600 holdings, so the fundamental tilt is applied across the breadth of the US market instead of a narrow slice.
- Running since 2013 under Schwab, with a portfolio that lines up closely with its stated mandate and pays quarterly.
Worth knowing
- At 0.25% a year, it costs more than plain cap-weighted total-market peers such as VTI, SCHB and ITOT at 0.03%.
- It is built to look different from cap-weighted indexes, so its results can lag them for long stretches as easily as lead.
- Moderately traded rather than one of the category's volume giants, so bid-ask spreads can run wider than the cheapest broad-market names.
FNDB Holdings
- Stocks
- 1,620
- 21%
- AAPL
Sectors
- Technology19.5%
- Financials14.7%
- Health Care13.1%
- Industrials9.6%
- Energy9.3%
- Consumer Discretionary9.3%
- Communication8.8%
- Consumer Staples7.3%
- Materials3.3%
- Utilities2.9%
- Real Estate2.3%
Geography
- United States97.08%
- Ireland1.52%
- United Kingdom0.54%
- Switzerland0.29%
- Bermuda0.26%
- Netherlands0.16%
- Singapore0.09%
- Puerto Rico0.02%
- 0.04%
FNDB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FNDB$12,720
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FNDB |
|---|---|
| Year to date | +19.4% |
| 1 month | −0.3% |
| 3 months | +2.6% |
| 1 year | +27.2% |
| 3 years | +21.7% |
| 5 years | +13.6% |
| 10 years | +14.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FNDB |
|---|---|---|
| 2026 YTD | +19.4% | |
| 2025 | +16.2% | |
| 2024 | +16.2% | |
| 2023 | +18.5% | |
| 2022 | −7.5% | |
| 2021 | +31.5% | |
| 2020 | +9.4% |
FNDB in the news
FNDB Dividends
- 1.43%
- $0.45
- $0.12 per share
- Quarterly
Distribution history
FNDB Risk
- 12.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.89
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FNDB Cost
0.25%
FNDB0.25%
- The middle half of Total US Market funds
- Median 0.06%
9 of the 11 Total US Market funds charge less.
Other funds in Total US Market
- BDFUSDimensional U.S. Equity ETFExpense ratio 0.09%1 year return +20.4%
- BVTHRVanguard Russell 3000 ETFExpense ratio 0.06%1 year return +19.8%
- BIWViShares Russell 3000 ETFExpense ratio 0.20%1 year return +19.7%
- CIYYiShares Dow Jones U.S. ETFExpense ratio 0.20%1 year return +19.8%
- DTOTLionShares U.S. Equity Total Return ETFExpense ratio 0.25%1 year return +19.7%