Data as of Oct 28, 2026.
FNDX vs SGOV: Differences, Returns & Fees
Over the year to Oct 28, 2026, FNDX returned +23.9% to SGOV's +3.7%; 0% of their weight is in the same names.
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Net assets: $27.6bn on Aug 31, 2026 for Schwab Fundamental U.S. Large Company ETF, and $117.0bn on Oct 27, 2026 for iShares 0-3 Month Treasury Bond ETF.
Pair scorecard
SGOV costs 0.16 points a year less; their one-year returns differ by 20.2 points.
| Measure | FNDX | SGOV |
|---|---|---|
| Return | ||
| Total return, 1 year | +23.9% | +3.7% |
| Benchmark | ||
| What it tracks | Fundamental U.S. Large Company | ICE 0-3 Month US Treasury Securities Index |
| Cost and size | ||
| Expense ratio | 0.25% | 0.09% |
| Net assets, FNDX as of Aug 31, 2026 and SGOV as of Oct 27, 2026 | $27.6bn | $117.0bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 88% | |
| Top ten holdings, share of the fund | 21.0% | |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
Risk and return
Jun 5, 2020 to Oct 23, 2026 · 333 weekly returnsFNDX returned more: +181.5% to +20.8%. SGOV swung less: 0.3% to 15.0%. SGOV fell less at its worst: 0.0% to −18.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FNDX | SGOV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +181.5% | +20.8% | FNDX | Price change plus distributions, reinvested. |
| Annualized | +17.5% | +3.0% | FNDX | Total return as a yearly rate. |
| Price return | +148.1% | +0.6% | FNDX | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 15.0% | 0.3% | SGOV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.0% | 0.2% | SGOV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −18.9% | 0.0% | SGOV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.95 | −0.46 | FNDX | Return above Treasury bills per unit of volatility. |
| Sortino | 1.42 | −0.57 | FNDX | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.93 | Not measured | Annualized return divided by the max drawdown. | |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 333 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FNDX and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
FNDX and SGOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FNDX and SGOV do different jobs. What does each one do in a portfolio?
- What each follows. FNDX follows Fundamental U.S. Large Company and SGOV follows ICE 0-3 Month US Treasury Securities Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 FNDX returned +23.9% and SGOV +3.7% with distributions reinvested, a gap of 20.2 points.
Data as of Oct 28, 2026.
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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. The prospectus expense ratio is 0.25% a year. 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%.
SGOV
SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.
Questions people ask
- Which returned more over the last year, FNDX or SGOV?
- In the year to Oct 28, 2026, with distributions reinvested, FNDX returned +23.9% and SGOV +3.7%.
- Which is cheaper, FNDX or SGOV?
- SGOV is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FNDX against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/fndx-vs-sgov
ETFIQ. (Oct 28, 2026). FNDX against SGOV. Retrieved from https://etfiq.com/compare/any/fndx-vs-sgov
[FNDX against SGOV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fndx-vs-sgov)
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