ASLV vs FNDB
Allspring Special Large Value ETF vs Schwab Fundamental US Broad Market ETF
Which is better, ASLV or FNDB?
FNDB has been ahead.
FNDB has a lower expense ratio. FNDB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. FNDB is less concentrated, with 20.7% of the fund in its ten largest positions against 39.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ASLV | FNDB |
|---|---|---|
| Expense Ratio | 0.35% | 0.25%Best |
| AUM | $203M | $1.5B |
| Dividend Yield | 0.82% | 1.47% |
| Holdings | 46 | 1,629 |
| YTD Return | +7.80% | +18.49%Best |
| 1Y Return | +11.72% | +24.61%Best |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.25% |
| Volatility (annualized) | 10.6% | 9.8%Best |
| Max Drawdown | -11.0%Best | -12.3% |
| $10,000 over 1.5 years | $12,278 | $13,713Best |
| Top 10 Weight | 39.6% | 20.7%Best |
| Fund Family | Allspring Global Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Mar 26, 2025 | Aug 15, 2013 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 27, 2025 to Oct 14, 2026 (1.5 years).
ASLV vs FNDB growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.5 years both funds cover.
ASLV vs FNDB Performance
Allspring Special Large Value ETF (ASLV) is an ETF from Allspring Global Investments and Schwab Fundamental US Broad Market ETF (FNDB) is an ETF from Charles Schwab Asset Management. Over the past year ASLV returned +11.72% while FNDB returned +24.61%. Year to date, ASLV is up 7.80% versus a gain of 18.49% for FNDB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASLV has been the more volatile fund, with annualized monthly volatility of 10.6% compared with 9.8% for FNDB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.0% for ASLV and -12.3% for FNDB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ASLV charges 0.35% per year while FNDB charges 0.25%. On a $10,000 position that is $35 vs $25 annually, a gap of $10 per year that compounds over a long holding period. On income, ASLV currently yields 0.82% against 1.47% for FNDB.
Holdings Overlap
89.9% of ASLV's money is in holdings FNDB also owns. 25.6% of FNDB's money is in holdings ASLV also owns.
Most of ASLV is already inside FNDB. Owning both mostly buys the same companies twice.
39 positions in common, counted across the 43 positions we hold weights for in ASLV and 1,620 in FNDB, against full books of 46 and 1,629.
What only one of them owns
Our book lists 1,230 positions for FNDB that do not appear in our book for ASLV (72.9% of the fund), and 2 for ASLV that do not appear in FNDB (4.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ASLV | Weight in FNDB | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 7.61% | 1.82% | 5.79% |
| AAPLApple, Inc | 4.04% | 4.52% | 0.48% |
| MSFTMicrosoft Corp | 5.54% | 3.01% | 2.53% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.55% | 1.57% | 1.98% |
| GOOGAlphabet Inc. C | 3.01% | 1.33% | 1.68% |
| JNJJohnson & Johnson - Common | 3.17% | 0.93% | 2.24% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 1.94% | 2.14% | 0.20% |
| NEENextera Energy Inc | 3.44% | 0.21% | 3.23% |
| WFCWells Fargo & Co. | 2.90% | 0.69% | 2.21% |
| COFCapital One Financial Corp. | 3.14% | 0.35% | 2.79% |
89.9% of ASLV is already inside FNDB.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ASLV or FNDB?
ASLV has an expense ratio of 0.35% while FNDB charges 0.25%. FNDB is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, ASLV or FNDB?
Over the past year ASLV returned +11.72% vs +24.61% for FNDB, so FNDB leads on 1-year performance. Over the longest common window we track (2 years), ASLV annualized +14.66% vs +23.43% for FNDB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASLV or FNDB?
ASLV has been the more volatile fund at 10.6% annualized versus 9.8% for FNDB. Worst drawdown: ASLV -11.0% vs FNDB -12.3%.
Should I hold both ASLV and FNDB?
ASLV and FNDB have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ASLV and FNDB?
89.9% of ASLV's money is in holdings FNDB also owns. 25.6% of FNDB's is in holdings ASLV also owns. They hold 39 positions in common, counted across the 43 positions we hold weights for in ASLV and 1,620 in FNDB.
Which pays a higher dividend, ASLV or FNDB?
ASLV yields 0.82% while FNDB yields 1.47%, so FNDB currently pays the higher dividend yield.
Is FNDB better than ASLV?
FNDB has a lower expense ratio. FNDB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. FNDB is less concentrated, with 20.7% of the fund in its ten largest positions against 39.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.