FNDX
Schwab Fundamental U.S. Large Company ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for FNDX (Schwab Fundamental U.S. Large Company ETF) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -18.1% (compared to the benchmark's drawdown of -37.7%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 9.6%, compared to a Buy-and-Hold benchmark return of 13.4%. The strategy executed 7 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200) Active
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
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FNDX Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 27.79% | 27.79% | 10.64% | 13.61% | 11.02% | 14.08% | 9.60% | 13.38% |
| Sharpe Ratio | 2.40 | 2.40 | 0.82 | 0.85 | 0.86 | 0.75 | 0.76 | 0.72 |
| Max Drawdown | -6.06% | -6.06% | -14.94% | -19.06% | -18.13% | -37.72% | -18.13% | -37.72% |
| % Time Invested | 100.0% | 100.0% | 84.9% | 100.0% | 85.0% | 100.0% | 82.8% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 0.4 | 0.0 | 0.4 | 0.0 | 0.6 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2025-04-08 | 2025-07-09 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.06% | Interest Income | |
| 2022-12-27 | 2025-04-08 | Completed | 100% | $16.74 | $21.43 | 27.95% | Stop | |
| 2022-08-31 | 2022-12-27 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.24% | Interest Income | |
| 2022-08-16 | 2022-08-31 | Completed | 100% | $17.46 | $16.58 | -5.07% | Stop | |
| 2022-06-09 | 2022-08-16 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.39% | Interest Income | |
| 2020-08-11 | 2022-06-09 | Completed | 100% | $11.97 | $17.25 | 43.97% | Signal | |
| 2020-03-02 | 2020-08-11 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2019-04-03 | 2020-03-02 | Completed | 100% | $11.06 | $11.11 | 0.47% | Stop | |
| 2018-12-13 | 2019-04-03 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.72% | Interest Income | |
| 2016-04-18 | 2018-12-13 | Completed | 100% | $8.00 | $10.30 | 28.68% | Signal | |
| 2016-01-14 | 2016-04-18 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2015-10-08 | 2016-01-14 | Completed | 100% | $7.64 | $7.20 | -5.79% | Stop | |
| 2015-08-21 | 2015-10-08 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-08-11 | 2015-08-21 | Completed | 100% | $7.90 | $7.63 | -3.43% | Signal | |
| 2015-08-07 | 2015-08-11 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.00% | Interest Income | |