FNDB vs QVAL: holdings overlap, shared companies and scores
As of October 9, 2026, FNDB and QVAL overlap 9.6% by weight. Schwab Fundamental U.S. Broad Market Index ETF (FNDB): U.S. companies by fundamentals. Alpha Architect U.S. Quantitative Value ETF (QVAL): U.S. deep value stocks.
Updated October 9, 2026
Where FNDB and QVAL trade against their own history
FNDB trades at 19.1 times earnings, against its own median of 17.5, and is more expensive than 66% of its own 115 monthly readings since 2017.
QVAL trades at 12.0 times earnings, against its own median of 11.2, and is more expensive than 63% of its own 115 monthly readings since 2017.
What moved FNDB and QVAL this week
FNDB rose 1.3% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Moderna (+18.4%) and Amazon.com (+4.3%); Intel (−12.3%) pushed the other way.
QVAL rose 2.4% in the week to October 9, 2026. The holdings that moved it most were Humana (+11.2%), Constellation Brands (+8.7%) and Marathon Petroleum (+7.7%); AT&T (−8.7%) pushed the other way.
What do FNDB and QVAL each hold?
What's inside FNDB: Tech 22%, Magnificent 7 15%.
21% of FNDB is its ten largest holdings.
What's inside QVAL: Tech 6%, AI 1%.
22% of QVAL is its ten largest holdings.
How much do FNDB and QVAL overlap? 9.6% by weight
As of October 9, 2026, FNDB and QVAL overlap 9.6% by weight.
10% of FNDB is already inside QVAL.
100% of QVAL is already inside FNDB.
FNDB holds 1,618 companies and QVAL holds 52; 50 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FNDB and QVAL? 5.6 and 4.7 out of 10
As of October 9, 2026, ETF Copilot scores FNDB 5.6 out of 10 and QVAL 4.7 out of 10.
They differ most on Risk: FNDB 8.6 and QVAL 5.5.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FNDB | QVAL |
|---|---|---|
| Growth | 2.9 | 0.7 |
| Value | 3.9 | 4.1 |
| Risk | 8.6 | 5.5 |
| Quality | 4.9 | 6.5 |
| Return | 7.8 | 7.2 |
FNDB is the cheaper of the two at 0.25% a year
As of October 9, 2026, FNDB charges 0.25% a year, yields 1.46% and holds $1.5B in assets across 1618 positions.
As of October 9, 2026, QVAL charges 0.28% a year, yields 1.43% and holds $621M in assets across 52 positions.
| Measure | FNDB | QVAL |
|---|---|---|
| Expense ratio | 0.25% | 0.28% |
| Dividend yield | 1.46% | 1.43% |
| Assets under management | $1.5B | $621M |
| Holdings | 1618 | 52 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “FNDB vs QVAL holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fndb-vs-qval
- Schwab Fundamental U.S. Broad Market Index ETF (FNDB)
- Alpha Architect U.S. Quantitative Value ETF (QVAL)
ETF Copilot Pro unlocks FNDB vs QVAL prices and holdings.
Try Pro free →