FNDX vs USMV

Comparison between SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF (FNDX, ETF) and ISHARES MSCI USA MIN VOL FACTOR ETF (USMV, ETF).

5-Year PerformanceFNDX has outperformed USMV, delivering a return of +12.5% compared to +6.9%

FNDX vs USMV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FNDX(ETF)	USMV(ETF)
Net Assets	$24B	$23B
Expense Ratio	0.25%	0.15%
Max Drawdown	37.72%	33.10%
Sharpe Ratio	2.45	-0.04
5Y Beta	0.78	0.48
P/E Ratio	25.01	22.29
Forward P/E	16.80	18.90
PEG Ratio	N/A	0.15
5Y Dividends CAGR	6.14%	7.83%
5Y EPS CAGR	14.26%	20.04%
Debt to Equity	34.81%	41.88%
P/S Ratio	1.50	2.05
P/B Ratio	2.85	4.07

Net Assets

Winner

FNDX

$24B

USMV

$23B

Expense Ratio

FNDX

0.25%

Winner

USMV

0.15%

Max Drawdown

FNDX

37.72%

Winner

USMV

33.10%

Sharpe Ratio

Winner

FNDX

2.45

USMV

-0.04

5Y Beta

FNDX

0.78

Winner

USMV

0.48

P/E Ratio

FNDX

25.01

Winner

USMV

22.29

Forward P/E

Winner

FNDX

16.80

USMV

18.90

PEG Ratio

FNDX

N/A

USMV

0.15

5Y Dividends CAGR

FNDX

6.14%

Winner

USMV

7.83%

5Y EPS CAGR

FNDX

14.26%

Winner

USMV

20.04%

Debt to Equity

Winner

FNDX

34.81%

USMV

41.88%

P/S Ratio

Winner

FNDX

1.50

USMV

2.05

P/B Ratio

Winner

FNDX

2.85

USMV

4.07

FNDX vs USMV - Holdings Comparison

FNDX and USMV have 132 common holdings. Overlap is 24.01%

FNDX's top 25 holdings weight is 33.65%. USMV's top 25 holdings weight is 35.07%.

Rank	FNDX	USMV
#1	APPLE INC (AAPL) - 4.20%	NVIDIA CORP (NVDA) - 1.76%
#2	EXXON MOBIL CORP (XOM) - 2.48%	CISCO SYSTEMS INC (CSCO) - 1.73%
#3	MICROSOFT CORP (MSFT) - 2.32%	MICROSOFT CORP (MSFT) - 1.65%
#4	ALPHABET INC CLASS A (GOOGL) - 2.29%	EXXON MOBIL CORP (XOM) - 1.57%
#5	INTEL CORP (INTC) - 1.98%	DUKE ENERGY CORP (DUK) - 1.54%
#6	AMAZON.COM INC (AMZN) - 1.86%	CHUBB LTD (CB) - 1.52%
#7	ALPHABET INC CLASS C (GOOG) - 1.83%	SOUTHERN CO (SO) - 1.51%
#8	CHEVRON CORP (CVX) - 1.60%	AMPHENOL CORP CLASS A (APH) - 1.48%
#9	JPMORGAN CHASE & CO (JPM) - 1.50%	VERIZON COMMUNICATIONS INC (VZ) - 1.48%
#10	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.49%	WASTE MANAGEMENT INC (WM) - 1.45%
#11	META PLATFORMS INC CLASS A (META) - 1.38%	MOTOROLA SOLUTIONS INC (MSI) - 1.45%
#12	UNITEDHEALTH GROUP INC (UNH) - 1.38%	BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.44%
#13	WALMART INC (WMT) - 1.17%	JOHNSON & JOHNSON (JNJ) - 1.43%
#14	VERIZON COMMUNICATIONS INC (VZ) - 1.02%	VERTEX PHARMACEUTICALS INC (VRTX) - 1.38%
#15	JOHNSON & JOHNSON (JNJ) - 1.02%	MCKESSON CORP (MCK) - 1.35%
#16	BANK OF AMERICA CORP (BAC) - 0.93%	CONSOLIDATED EDISON INC (ED) - 1.33%
#17	CITIGROUP INC (C) - 0.91%	CENCORA INC (COR) - 1.31%
#18	AT&T INC (T) - 0.89%	WASTE CONNECTIONS INC (WCN) - 1.28%
#19	MICRON TECHNOLOGY INC (MU) - 0.87%	REPUBLIC SERVICES INC (RSG) - 1.27%
#20	CVS HEALTH CORP (CVS) - 0.85%	MCDONALD'S CORP (MCD) - 1.25%
#21	n/a (WBD) - 0.34%	COCA-COLA CO (KO) - 1.20%
#22	PHILIP MORRIS INTERNATIONAL INC (PM) - 0.34%	MERCK & CO INC (MRK) - 1.19%
#23	LAM RESEARCH CORP (LRCX) - 0.34%	NEWMONT CORP (NEM) - 1.17%
#24	ARCHER-DANIELS-MIDLAND CO (ADM) - 0.33%	MASTERCARD INC CLASS A (MA) - 1.17%
#25	QUALCOMM INC (QCOM) - 0.33%	TJX COMPANIES INC (TJX) - 1.16%
Total Holdings	698	174

FNDX vs USMV - Historical Returns

Returns include dividend reinvestment.

Period	FNDX	USMV
1 month	+5.89%	-0.10%
3 months	+4.78%	-1.55%
6 months	+15.61%	+1.96%
1 year	+33.60%	+3.37%
5 years(CAGR)	+12.55%	+6.95%
10 years(CAGR)	+14.27%	+9.78%
Max(CAGR)	+13.08%	+11.50%

Winner

FNDX

+5.89%

USMV

-0.10%

Winner

FNDX

+4.78%

USMV

-1.55%

Winner

FNDX

+15.61%

USMV

+1.96%

Winner

FNDX

+33.60%

USMV

+3.37%

5Y(CAGR)

Winner

FNDX

+12.55%

USMV

+6.95%

10Y(CAGR)

Winner

FNDX

+14.27%

USMV

+9.78%

Max(CAGR)

Winner

FNDX

+13.08%

USMV

+11.50%

FNDX vs USMV - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FNDX	USMV
2026	+11.16%	+0.82%
2025	+17.28%	+7.81%
2024	+16.68%	+15.30%
2023	+18.38%	+10.24%
2022	-7.68%	-8.86%
2021	+33.32%	+22.56%
2020	+8.38%	+5.60%
2019	+28.34%	+28.82%
2018	-8.02%	+1.39%
2017	+16.22%	+18.60%
2016	+17.88%	+11.96%
2015	-2.97%	+5.37%
2014	+13.26%	+17.49%
2013	+11.33%	+22.60%
2012	N/A	+10.87%
2011	N/A	+5.67%

FNDX vs USMV Drawdown Comparison

The maximum drawdown for FNDX was -37.72%, occurring on Mar 23, 2020. Recovery took 192 trading sessions.

The maximum drawdown for USMV was -33.10%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The current FNDX drawdown is -0.07%. The current USMV drawdown is -3.47%.

Rank	FNDX	USMV
#1	-37.72% Feb 12, 2020 - Nov 13, 2020	-33.10% Feb 14, 2020 - Jan 8, 2021
#2	-19.64% Sep 21, 2018 - Jul 3, 2019	-17.92% Dec 29, 2021 - Jan 2, 2024
#3	-19.04% Jan 12, 2022 - Jul 12, 2023	-12.69% Sep 21, 2018 - Feb 15, 2019
#4	-16.30% Feb 19, 2025 - Jul 1, 2025	-9.50% Aug 17, 2015 - Dec 29, 2015
#5	-14.24% May 21, 2015 - Apr 27, 2016	-9.36% Feb 28, 2025 - May 19, 2025
#6	-10.80% Jan 26, 2018 - Aug 27, 2018	-9.17% Jan 26, 2018 - Jul 25, 2018
#7	-10.14% Jul 31, 2023 - Dec 1, 2023	-7.31% Jul 22, 2016 - Feb 13, 2017
#8	-7.77% Sep 19, 2014 - Nov 6, 2014	-7.14% Dec 29, 2015 - Mar 3, 2016
#9	-6.77% Jul 26, 2019 - Sep 11, 2019	-6.86% Nov 26, 2024 - Feb 28, 2025
#10	-6.45% Jul 16, 2024 - Aug 23, 2024	-6.64% May 15, 2013 - Sep 18, 2013
#11	-6.20% Dec 31, 2013 - Feb 28, 2014	-6.46% Feb 27, 2026 - Mar 27, 2026
#12	-6.07% Feb 11, 2026 - Apr 16, 2026	-6.03% Sep 2, 2021 - Nov 3, 2021
#13	-6.05% Nov 29, 2024 - Feb 19, 2025	-5.94% Oct 5, 2012 - Jan 10, 2013
#14	-5.42% Jun 8, 2021 - Aug 11, 2021	-5.38% Nov 11, 2011 - Dec 6, 2011
#15	-5.38% Nov 8, 2021 - Dec 27, 2021	-5.13% Dec 31, 2013 - Feb 18, 2014

Correlation

Correlation between FNDX and USMV is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2011 - 2026)

FNDX vs USMV dividend yield comparison.

Year	FNDX	USMV
2026	0.37%	0.42%
2025	1.63%	1.49%
2024	1.76%	1.67%
2023	1.82%	1.82%
2022	2.07%	1.62%
2021	1.65%	1.26%
2020	2.29%	1.81%
2019	2.23%	1.88%
2018	2.40%	2.12%
2017	1.87%	1.77%
2016	2.01%	2.22%
2015	2.01%	2.02%
2014	1.62%	1.88%
2013	0.53%	2.18%
2012	0.00%	1.96%
2011	0.00%	0.29%