Schwab Fundamental U.S. Small Company ETF (FNDA) Valuation
FNDA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 58.4 trailing earnings
- Forward P/E
- 13.8 analyst estimates
- Price / sales
- 1.19
- Price / book
- 2.03
- EV / EBITDA
- 10.2
- Earnings yield
- 1.71% inverse of P/E
- Dividend yield
- 1.61% of the holdings
- Return on equity
- 3.5% combined
- Net margin
- 2.0% combined
- Beta
- 1.06 weighted, vs S&P 500
FNDA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| FNDA | 58.4 | 13.8 | 1.19 | 2.03 | 1.61% | 3.5% | 2.0% | 14.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
FNDA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 17.2% | 56.4 | 14.9 | 0.90 | 2.57 | 0.88% | 4.6% |
| Financial Services | 16.5% | 13.3 | 10.8 | 2.37 | 1.36 | 2.46% | 10.2% |
| Technology | 14.2% | n/m | 15.2 | 1.69 | 3.56 | 0.24% | −1.0% |
| Consumer Cyclical | 12.9% | 30.1 | 13.8 | 0.73 | 2.56 | 1.16% | 8.5% |
| Real Estate | 9.6% | n/m | 21.1 | 2.30 | 1.37 | 5.12% | −2.3% |
| Healthcare | 8.8% | n/m | 16.2 | 1.43 | 2.60 | 0.13% | −2.0% |
| Energy | 5.3% | 26.7 | 10.6 | 1.17 | 1.92 | 2.59% | 7.2% |
| Basic Materials | 4.2% | 132.1 | 14.5 | 0.97 | 2.16 | 1.49% | 1.6% |
| Consumer Defensive | 4.0% | n/m | 11.6 | 0.61 | 1.45 | 1.27% | −1.6% |
| Communication Services | 3.7% | n/m | 10.8 | 0.92 | 2.07 | 0.84% | −17.0% |
| Utilities | 2.7% | 21.4 | 15.8 | 2.14 | 1.66 | 2.94% | 7.8% |
| Services | 0.2% | 24.0 | 15.1 | 1.21 | 2.64 | 3.10% | 11.0% |
FNDA earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How FNDA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
FNDA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ANF | Abercrombie & Fitch Co. | 0.48% | 13.2 | 10.0 | 1.2 | — | 2.19% |
| FDS | FactSet Research Systems Inc. | 0.40% | 20.7 | 13.9 | 4.3 | 1.54% | 1.17% |
| VSXY | Victoria's Secret & Co | 0.40% | 19.5 | 13.6 | 1.0 | — | 1.23% |
| VEEV | Veeva Systems Inc. | 0.37% | 50.9 | 30.2 | 14.5 | — | 0.45% |
| TWLO | Twilio Inc | 0.36% | 33.8 | 43.7 | 6.7 | — | 0.65% |
| COMP | Compass, Inc. | 0.36% | 152.2 | 7.2 | 0.7 | — | 0.14% |
| ETSY | Etsy, Inc. | 0.35% | 24.9 | 14.9 | 2.7 | — | 0.86% |
| MTCH | Match Group, Inc. | 0.35% | 15.2 | 9.7 | 2.8 | 1.86% | 1.40% |
| RPRX | Royalty Pharma plc | 0.35% | 32.4 | 29.4 | 13.9 | 1.54% | 0.66% |
| ACHC | Acadia Healthcare Company, Inc. | 0.33% | — | 15.2 | 0.8 | — | −8.21% |
| CRGY | Crescent Energy Company | 0.32% | 125.2 | 6.3 | 1.3 | 3.49% | 0.16% |
| GME | GameStop Corp. | 0.32% | 17.6 | 28.2 | 3.8 | — | 1.10% |
| EXEL | Exelixis, Inc. | 0.32% | 19.6 | 13.6 | 6.3 | — | 0.98% |
| PARR | Par Pacific Holdings, Inc. | 0.31% | 4.9 | 10.5 | 0.5 | — | 3.91% |
| WEX | WEX Inc. | 0.31% | 18.1 | 8.6 | 2.2 | — | 1.05% |
| VRSN | VeriSign, Inc. | 0.31% | 32.7 | 27.0 | 16.0 | 1.07% | 0.58% |
| CHE | Chemed Corporation | 0.31% | 25.8 | 18.2 | 2.6 | 0.55% | 0.72% |
| PK | Park Hotels & Resorts Inc. | 0.30% | — | 28.2 | 1.3 | 6.29% | −0.95% |
| DASH | DoorDash, Inc. | 0.30% | 99.6 | 38.0 | 5.2 | — | 0.18% |
| URBN | Urban Outfitters, Inc. | 0.30% | 13.5 | 11.9 | 1.1 | — | 1.33% |
| DBX | Dropbox, Inc. | 0.29% | 19.7 | 10.8 | 3.1 | — | 0.91% |
| AIT | Applied Industrial Technologies, Inc. | 0.29% | 30.2 | 27.8 | 2.4 | 0.62% | 0.59% |
| HRB | H&R Block, Inc. | 0.29% | 8.6 | 6.8 | 1.5 | 3.78% | 2.06% |
| PINS | Pinterest, Inc | 0.29% | 64.4 | 8.0 | 2.7 | — | 0.27% |
| DK | Delek US Holdings, Inc. | 0.29% | 20.8 | 20.3 | 0.4 | 1.33% | 0.85% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About FNDA valuation
Adding up its 865 holdings with company data, FNDA trades at 58.4 times trailing earnings and 13.8 times analysts' forward estimates, with a price-to-book ratio of 2.03 and a dividend yield of 1.61%. Its earnings yield of 1.71% is 3.62 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 3.8% of the fund and earn 0.5% of its combined profit. By sector, Basic Materials is the most expensive at 132.1 times earnings and Financial Services the cheapest at 13.3. Companies that lost money over the past year are 14.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 96.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: FNDA chart, FNDA performance, FNDA holdings, FNDA dividends.
FNDA valuation FAQ
What is the P/E ratio of FNDA?
Based on its holdings, FNDA has a trailing P/E of 58.4 and a forward P/E of 13.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of FNDA?
The trailing earnings yield is 1.71% (1 ÷ P/E) and the forward earnings yield 7.25%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is FNDA more expensive than the S&P 500?
FNDA trades at 58.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.8 and 19.9.
What is the price-to-book ratio of FNDA?
The holdings of FNDA trade at 2.03 times book value, with a combined return on equity of 3.5%.
Which sector in FNDA has the highest P/E?
Basic Materials has the highest P/E at 132.1 and Financial Services the lowest at 13.3.