At a glance
FNDA charges 0.25% a year, above the 0.14% average of the 8 funds most like it (the 6th cheapest of 9). It has $9.10B in assets, the 5th largest of that group; it paid 1.22% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +15.4% with distributions reinvested (S&P 500: +11.5%), 8th of those 9 funds; over three years it returned +18.5% a year. At its worst it fell 44.0% in the 2020 crash (S&P 500: 33.7%) and 24.1% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 8 months and 15 months after the lows. Its ten largest positions make up 3.8% of the fund, out of 915 in all.
Price history
The interactive chart needs JavaScript.
FNDA +15.4% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
Volatility (1 year)15.5%annualized; the S&P 500 is usually 15–20%
Worst drop (1 year)-9.4%3 years: -25.9% · all history: -44.6%
Beta vs S&P 5000.92moves about with the market
Sharpe ratio (1 year)0.74return above cash per unit of risk
Since launch+9.9%a year over 13.2 years
Total over 5 years+43%10 years: +175%
52-week range$29.34 – $38.52
Last price $35.95 on Oct 27, 2026, 6.7% below the 52-week high · above its 200-day average ($35.50).| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| FNDA official prospectus, to Dec 31, 2025 | — | +7.61% | — | +9.49% | +10.03% | — |
| S&P 500® Index index, same period | — | +17.88% | — | +14.42% | +14.82% | — |
| RAFI Fundamental High Liquidity US Small Index(1) index, same period | — | +7.84% | — | — | — | — |
| Fundamental US Small Spliced Index(2) index, same period | — | +7.84% | — | +9.69% | +10.23% | — |
| FNDA price data to Oct 27, 2026 | +15.0% | +15.4% | +18.5% | +7.4% | +10.7% | +9.9% |
- Over the year to Oct 27, 2026, FNDA returned +15.4%, 8th of 9 among similar funds.
- Its 5-year annualized return was +7.4% and its 10-year +10.7%.
- In the 2020 COVID crash it fell 44% and regained its old high 8 months after the low.
- Its worst full calendar year was 2022 (-14.8%); its best was 2021 (+31.1%).
- The deepest fall in its price history was 44.6% (Jan 16, 2020 to Mar 23, 2020), recovered by Nov 23, 2020.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +15.0% | — |
| 2025 | +7.4% | +7.61% |
| 2024 | +9.0% | +8.96% |
| 2023 | +20.3% | +20.14% |
| 2022 | -14.8% | -14.75% |
| 2021 | +31.1% | +31.03% |
| 2020 | +8.4% | +8.40% |
| 2019 | +24.3% | +24.45% |
| 2018 | -12.1% | -12.10% |
| 2017 | +12.7% | +12.84% |
| 2016 | +23.5% | +23.49% |
| 2015 | -5.1% | — |
| 2014 | +7.8% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 43.7% over that stretch · deepest drop along the way 44%, back to its old high 8 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 21.6% over that stretch · deepest drop along the way 24.1%, back to its old high 14.6 months after the low |
Dividends and income
Yield (last 12 months)1.22%distributions ÷ price
Paid in the last 12 months$0.44per share, split-adjusted
How oftenquarterly
Latest payment$0.1300Sep 23, 2026
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.2900 | |
| 2025 | $0.3800 | -15.6% |
| 2024 | $0.4500 | +18.4% |
| 2023 | $0.3800 | +18.8% |
| 2022 | $0.3200 | -1.5% |
| 2021 | $0.3250 | +18.2% |
| 2020 | $0.2750 | -1.8% |
| 2019 | $0.2800 | +1.8% |
| 2018 | $0.2750 | +12.2% |
| 2017 | $0.2450 | +22.5% |
| 2016 | $0.2000 | +8.1% |
| 2015 | $0.1850 | +19.4% |
| 2014 | $0.1550 |
What's inside
As of Aug 31, 2026, the fund held 915 securities; the ten largest made up 3.84% of assets.
| Holding | Weight | |
|---|---|---|
| Lumentum Holdings Inc | 0.55% | |
| Victoria's Secret & Co | 0.46% | |
| Compass Inc | 0.43% | |
| Delek US Holdings Inc | 0.39% | |
| Abercrombie & Fitch Co | 0.36% | |
| Par Pacific Holdings Inc | 0.35% | |
| Twilio Inc | 0.34% | |
| Crescent Energy Co | 0.33% | |
| MKS Inc | 0.32% | |
| Royalty Pharma PLC | 0.32% | |
| Coherent Corp | 0.32% | |
| ATI Inc | 0.31% | |
| Terex Corp | 0.31% | |
| FactSet Research Systems Inc | 0.31% | |
| Southern Copper Corp | 0.30% |
By country
United States 95.32%Bermuda 1.14%Cayman Islands 0.9%United Kingdom 0.83%Marshall Islands 0.68%By asset type
Stocks 99.89%What changed recently
- Over the three months to Aug 31, 2026, investors withdrew a net $48.1M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +5.62%, -2.29%, -0.30%.
What it really costs
- FNDA charges 0.25% a year, versus an average of 0.14% for the similar funds below (6th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $26 in the first year and $318 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| FNDA | $26 | $80 | $141 | $318 |
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| FNDA this fund | — | 0.25% | $9.10B | +15.4% | +18.5% |
| PRFZ Invesco RAFI US 1500 Small-Mid ETF | 36% | 0.39% | $2.76B | +15.8% | +22.1% |
| BKSE BNY Mellon US Small Cap Core Equity ETF | 34% | 0.04% | $87.3M | +14.9% | +21.3% |
| DFAS Dimensional U.S. Small Cap ETF | 33% | 0.27% | $15.31B | +19.4% | +17.5% |
| VIOO Vanguard S&P Small-Cap 600 ETF | 32% | 0.07% | $6.45B | +16.7% | +18.6% |
| SCHA Schwab U.S. Small-Cap ETF | 32% | 0.04% | $22.65B | +19.1% | +20.0% |
| SPSM SPDR Portfolio S&P 600 Small Cap ETF | 31% | 0.03% | $16.92B | +21.7% | +17.4% |
| IJR iShares Core S&P Small-Cap ETF | 31% | 0.06% | $111.32B | +21.7% | +17.4% |