FNDA
Schwab Fundamental U.S. Small Company ETF
SMB
Adj. R2
0.977
Rel. Sharpe
1.059
Mkt beta
1.02
AUM
US$9.8B
MER
0.25%
Valuation
148
ETF comparison
Verified factor-similar pair
FNDA vs IJT
These two ETFs meet the same FF6 US comparison criteria: US-listed equity ETFs, the same USD model basis, at least one material non-market factor, and 100% overlap in statistically significant material factor exposure.
SMB
Similarity score
81
Verified similar
The score combines exposure-level distance, factor-vector shape, market-beta closeness, and a small backtested relative-Sharpe term.
Quick Read
- FNDA has the higher backtested relative Sharpe (1.059 vs 1.009).
- IJT has the lower published fee (0.18% vs 0.25%).
- IJT is cheaper on dividend valuation (114 vs 148, where 100 is each fund's historical median).
- FNDA has the stronger regression fit (adjusted R-squared 0.977 vs 0.944).
These are screening signals, not a complete review of portfolio construction, turnover, taxes, or trading quality.
IJT
iShares S&P Small-Cap 600 Growth ETF
SMB
Adj. R2
0.944
Rel. Sharpe
1.009
Mkt beta
1.01
AUM
US$6.9B
MER
0.18%
Valuation
114
Factor Exposure Match
Blue bars compare raw factor beta magnitude. Green bars compare absolute t-stat strength. Dim bars indicate the t-stat is below 1.96.
SMB
diff -0.07
HML
diff +0.20
RMW
diff +0.08
CMA
diff +0.11
UMD
diff -0.11
Why This Pair Matches
Exposure level
76
Exposure shape
97
Mkt beta diff
0.01
Rel. Sharpe diff
0.050
This comparison focuses on measured factor exposure. It does not compare holdings methodology, turnover, tax handling, or issuer process. Backtested relative Sharpe is a secondary signal rather than a stand-alone forecast. See methodology.
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