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Launched · SEC filings

Schwab Fundamental International Small Company Index ETF

FNDCNYSE ArcaSchwabA

$49.21+0.27 (+0.55%)

At close: Nov 2, 2026, 4:00 PM ET

A74/ 100

Rank 4 of 16 in International Small-Cap

A74/100Rank 4 of 16inInternational Small-Cap
Intraday session: up, 79 prints from 48.94 to 49.21. Range 49.21 to 49.53. Use the arrow keys to read each point.49.1049.3049.4049.5010 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$3.04B
1Y total return
+15.0%
Yield · Last 12 months
3.68%
Holdings
1582
Avg volume · 30D
92.6K sh
52W range
low $42.95high $51.83
Launched
Filings
SEC EDGAR

The ETF.net FNDC Grade

A

Score 74 out of 100

Category
International Small-Cap⁠
Rank
4 of 16
Six-pillar profile for FNDC. Scores out of 100: Cost 70, Risk 61, Mission 100, Tradability 71, Holdings 60, Durability 64. Strongest: Mission (100). Weakest: Holdings (60). Leans toward Mission.

Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A70 out of 100
    Rank 4 of 16

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B61 out of 100
    Rank 4 of 16

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A71 out of 100
    Rank 3 of 16

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B60 out of 100
    Rank 9 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 5 of 16

Our read on FNDC

ETF.net Research

In short

ASchwab's contrarian cut of international small caps: instead of letting share price set position size, FNDC weights roughly 1,600 developed-market small companies by fundamental measures of size, which bakes in a value tilt.

Stated mandate

The fund seeks to track, before fees and expenses, the total return of an index measuring small non-U.S. developed-market companies according to fundamental size and weighting.

Why people hold it

  • Weights companies by fundamental measures of size rather than share price, so a stock's weight does not climb simply because the market bid it up.
  • Roughly 1,600 names spread across developed markets outside the US. Broad enough that no single small-cap story drives the fund.
  • Trading since 2013 and now a multi-billion-dollar fund that stays inside its lane: developed-market small companies, no drift into emerging markets or larger caps.
  • At 0.39%, one of the better-standing implementations in a peer group where the typical fund charges about the same.

Worth knowing

  • The fundamental weighting costs extra: plain cap-weighted siblings SCHC and VSS charge 0.06% against 0.39% here.
  • A value tilt means results can diverge from standard cap-weighted international small-cap indexes for long stretches, in either direction.
  • Cash comes in lumps: distributions are annual or semiannual, not monthly, and the fund trades moderately rather than like the category's busiest names.

FNDC Performance

Launched Aug 15, 2013

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FNDC$11,498
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. FNDC $11,498. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FNDC. Periods over one year show the average yearly return.
PeriodFNDC
Year to date+10.5%
1 month−1.8%
3 months−0.6%
1 year+15.0%
3 yearsper year+20.6%
5 yearsper year+7.6%
10 yearsper year+8.2%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FNDC
YearReturn barFNDC
2026 YTD+10.5%
2025+35.6%
2024+1.4%
2023+14.9%
2022−14.7%
2021+10.3%
2020+6.6%

FNDC in the news

FNDC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
3.68%Last 12 months
Payout per share
$1.80Last 12 months
Last payment
$0.28 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 18 payments from 2017 to 2026 YTD. Dec 18, 2017 $0.70; Dec 12, 2018 $0.76; Jun 26, 2019 $0.16; Dec 12, 2019 $0.74; Jun 24, 2020 $0.12; Dec 10, 2020 $0.49; Jun 23, 2021 $0.21; Dec 8, 2021 $0.73; Dec 30, 2021 $0.02; Jun 22, 2022 $0.13; Dec 7, 2022 $0.49; Jun 21, 2023 $0.24; Dec 6, 2023 $0.76; Jun 26, 2024 $0.26; Dec 13, 2024 $0.97; Jun 25, 2025 $0.19; Dec 11, 2025 $1.52; Jun 24, 2026 $0.28. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 24, 2026Jun 29, 2026$0.28
Dec 11, 2025Dec 16, 2025$1.52
Jun 25, 2025Jun 30, 2025$0.19
Dec 13, 2024Dec 18, 2024$0.97
Jun 26, 2024Jul 1, 2024$0.26
Dec 6, 2023Dec 11, 2023$0.76
Jun 21, 2023Jun 26, 2023$0.24
Dec 7, 2022Dec 12, 2022$0.49
Jun 22, 2022Jun 27, 2022$0.13
Dec 30, 2021Jan 4, 2022$0.02
Dec 8, 2021Dec 13, 2021$0.73
Jun 23, 2021Jun 28, 2021$0.21

See all 22 payments⁠

$10,000 in FNDC 10 years ago paid $3,274 in dividends.⁠

FNDC Risk

Risk pillarB61 out of 100Rank 4 of 16 in International Small-Cap
How much the fund’s monthly returns vary, scaled to a year.
13.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.14
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.8%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

FNDC Cost

Compare FNDC and VSS

Overpaying vs VSS, tied cheapest in International Small-Cap

$6,628

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FNDC 0.39%

    $7,898

  • VSS 0.06% Tied cheapest

    $1,270

$10,000
30 years

Cost over time

  • FNDC 0.39%
  • VSS 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530FNDC $7,898VSS $1,270

Year by year

YearFNDCVSSOverpaying
10$705$110$595
20$2,725$432$2,293
30$7,898$1,270$6,628

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