FNDA vs VAMO
Schwab Fundamental US Small Company ETF vs Cambria Value and Momentum Hedged Equity ETF
Which is better, FNDA or VAMO?
Each has led over a different period.
FNDA has a lower expense ratio. FNDA led over 1Y, 3Y and the full window, VAMO over 5Y. FNDA is less concentrated, with 3.6% of the fund in its ten largest positions against 13.1%.
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 | FNDA | VAMO |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.65% |
| AUM | $8.8B | $86M |
| Dividend Yield | 1.26% | 0.68% |
| Holdings | 918 | 206 |
| YTD Return | +11.40%Best | +3.07% |
| 1Y Return | +15.53%Best | +5.56% |
| 3Y Return (annualized) | +15.25%Best | +11.96% |
| 5Y Return (annualized) | +6.71% | +8.43%Best |
| Volatility (annualized) | 20.4% | 13.0%Best |
| Max Drawdown | -45.9% | -41.8%Best |
| $10,000 over 5 years | $13,836 | $14,988Best |
| Top 10 Weight | 3.6%Best | 13.1% |
| Fund Family | Charles Schwab Asset Management | Cambria Investment Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Aug 15, 2013 | Sep 8, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2015 to Oct 14, 2026 (11.1 years).
FNDA vs VAMO 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 11.1 years both funds cover.
FNDA vs VAMO Performance
Schwab Fundamental US Small Company ETF (FNDA) is an ETF from Charles Schwab Asset Management and Cambria Value and Momentum Hedged Equity ETF (VAMO) is an ETF from Cambria Investment Management. Over the past year FNDA returned +15.53% while VAMO returned +5.56%. Year to date, FNDA is up 11.40% versus a gain of 3.07% for VAMO.
Over three years, FNDA compounded at +15.25% per year against +11.96% for VAMO; over five years the annualized figures are +6.71% and +8.43% respectively. Across the full 11-year window we track, FNDA has the edge at +9.35% annualized vs +4.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNDA has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 13.0% for VAMO. 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 -45.9% for FNDA and -41.8% for VAMO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNDA charges 0.25% per year while VAMO charges 0.65%. On a $10,000 position that is $25 vs $65 annually, a gap of $40 per year that compounds over a long holding period. On income, FNDA currently yields 1.26% against 0.68% for VAMO.
Holdings Overlap
4.3% of FNDA's money is in holdings VAMO also owns. 32.4% of VAMO's money is in holdings FNDA also owns.
The two portfolios partly overlap.
36 positions in common, counted across the 910 positions we hold weights for in FNDA and 102 in VAMO, against full books of 918 and 206.
What only one of them owns
Our book lists 66 positions for VAMO that do not appear in our book for FNDA (63.0% of the fund), and 852 for FNDA that do not appear in VAMO (93.6%).
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 FNDA | Weight in VAMO | Difference |
|---|---|---|---|
| PARRPar Pacific Holdings Inc | 0.33% | 0.91% | 0.58% |
| EXELExelixis Inc | 0.29% | 0.89% | 0.60% |
| TEXTerex Corp | 0.28% | 0.89% | 0.61% |
| ENSEnersys | 0.28% | 0.86% | 0.58% |
| UALUnited Airlines Holdings Inc. | 0.26% | 0.87% | 0.61% |
| PLXSPlexus Corp | 0.25% | 0.86% | 0.61% |
| ZDZiff Davis Inc | 0.18% | 0.91% | 0.73% |
| AGLAgilon Health Inc 0.00000000 | 0.15% | 0.93% | 0.78% |
| TALOTalos Energy Inc | 0.16% | 0.91% | 0.75% |
| UMBFUmb Financial Corp. | 0.15% | 0.90% | 0.75% |
32.4% of VAMO is already inside FNDA.
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, FNDA or VAMO?
FNDA has an expense ratio of 0.25% while VAMO charges 0.65%. FNDA is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, FNDA or VAMO?
Over the past year FNDA returned +15.53% vs +5.56% for VAMO, so FNDA leads on 1-year performance. Over the longest common window we track (11 years), FNDA annualized +9.35% vs +4.22% for VAMO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNDA or VAMO?
FNDA has been the more volatile fund at 20.4% annualized versus 13.0% for VAMO. Worst drawdown: FNDA -45.9% vs VAMO -41.8%.
Should I hold both FNDA and VAMO?
FNDA and VAMO have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FNDA and VAMO?
32.4% of VAMO's money is in holdings FNDA also owns. 32.4% of VAMO's is in holdings FNDA also owns. They hold 36 positions in common, counted across the 910 positions we hold weights for in FNDA and 102 in VAMO.
Which pays a higher dividend, FNDA or VAMO?
FNDA yields 1.26% while VAMO yields 0.68%, so FNDA currently pays the higher dividend yield.
Is VAMO better than FNDA?
FNDA has a lower expense ratio. FNDA led over 1Y, 3Y and the full window, VAMO over 5Y. FNDA is less concentrated, with 3.6% of the fund in its ten largest positions against 13.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.