Data as of Oct 28, 2026.
AVUV vs FNDX: Differences, Returns & Fees
Over the year to Oct 28, 2026, AVUV returned +25.1% to FNDX's +23.9%; 3% of their weight is in the same names.
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Net assets: $32.1bn on Oct 27, 2026 for Avantis U.S. Small Cap Value ETF, and $27.6bn on Aug 31, 2026 for Schwab Fundamental U.S. Large Company ETF.
Pair scorecard
Both cost 0.25% a year; their one-year returns differ by 1.2 points.
Points (pts) are percentage points.
| Measure | AVUV | FNDX |
|---|---|---|
| Return | ||
| Total return, 1 year | +25.1% | +23.9% |
| Drawdown | ||
| Below its high | 4.4%, high on Aug 4, 2026 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Fundamental U.S. Large Company |
| Cost and size | ||
| Expense ratio | 0.25% | 0.25% |
| Net assets, AVUV as of Oct 27, 2026 and FNDX as of Aug 31, 2026 | $32.1bn | $27.6bn |
| Holdings | ||
| Holdings in common | 3% | |
| Top ten holdings, share of the fund | 7.9% | 21.0% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
Risk and return
Oct 4, 2019 to Oct 23, 2026 · 368 weekly returnsEach against its own benchmark: AVUV against IWN, Oct 4, 2019 to Oct 23, 2026; FNDX against IWB, Aug 23, 2013 to Oct 23, 2026.
FNDX returned slightly more: +189.2% to +180.4%. FNDX swung less: 18.5% to 27.5%. FNDX fell less at its worst: −35.2% to −48.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | AVUV | FNDX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +180.4% | +189.2% | FNDX (slight) | Price change plus distributions, reinvested. |
| Annualized | +15.7% | +16.2% | FNDX (slight) | Total return as a yearly rate. |
| Price return | +150.6% | +151.2% | Tie | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 27.5% | 18.5% | FNDX | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 18.9% | 13.0% | FNDX | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −48.5% | −35.2% | FNDX | Deepest fall from a high to the low after it. |
| Upside capture | 111.7% | 86.4% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 100.1% | 92.1% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 1.04 | 0.93 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.95 | 0.90 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.56 | 0.75 | FNDX | Return above Treasury bills per unit of volatility. |
| Sortino | 0.82 | 1.06 | FNDX | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.148 | 0.128 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.32 | 0.46 | FNDX | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | IWN | IWB | The ETF each fund is measured against. | |
| Alpha | +4.3% a year | +0.4% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 1.91 | 0.28 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −0.1% to +8.7% | −2.4% to +3.2% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | 0.79 | −0.10 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 6.1% | 5.3% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 368 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, AVUV and FNDX hold 3% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
3% in common
Only in one fund ↓
Side by side
AVUV and FNDX on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
AVUV and FNDX do different jobs. What does each one do in a portfolio?
- What each follows. AVUV follows No index, actively managed and FNDX follows Fundamental U.S. Large Company.
- Holdings in common. 3% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
- One-year total return (similar). Over 1 year to Oct 28, 2026 AVUV returned +25.1% and FNDX +23.9% with distributions reinvested, a gap of 1.2 points.
Data as of Oct 28, 2026.
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Over the year to Oct 28, 2026 it returned +25.1% with distributions reinvested, against +21.1% for its benchmark, the Russell 2000 Value.
AVUV is actively managed and tracks no index. The prospectus expense ratio is 0.25% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 791 positions, with the top ten at 7.9%. It sat 4.4% below its high of Aug 4, 2026 on Oct 28, 2026.
Over the year to Oct 28, 2026 it returned +23.9% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.
FNDX tracks an index of Fundamental U.S. Large Company. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 731 positions, with the top ten at 21.0%.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, AVUV against FNDX, data as of Oct 28, 2026. https://etfiq.com/compare/any/avuv-vs-fndx
ETFIQ. (Oct 28, 2026). AVUV against FNDX. Retrieved from https://etfiq.com/compare/any/avuv-vs-fndx
[AVUV against FNDX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/avuv-vs-fndx)
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