Skip to content

FNDC

GradeANew York Stock Exchange Arca

Schwab Fundamental International Small Company Index ETF

Broad Stock Market · Schwab · Inception 2013-08-15 · SEC filings

$50.27−0.86 (−1.69%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 63 prints from 51.13 to 50.27. Range 50.09 to 50.54. Use the arrow keys to read each point.$50.10$50.20$50.40$50.5010 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$3.1B
1Y return
+18.5%
Yield · Last 12 months
3.53%
Holdings
1599
Volume · 30D
0.1M sh
NAV per share
$50.65
52W range
low $42.95high $51.83

The ETF.net FNDC Grade

A

75/ 100

Rank 4 of 16 in International Small-Cap

Confidence High

Six-pillar profile for FNDC. Scores out of 100: Cost 70, Risk 64, Mission 100, Tradability 65, Holdings 67, Durability 65. Strongest: Mission (100). Weakest: Risk (64). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 75 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 70
    Category rank5/16 · top 31%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/11 · top 18%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 64
    Category rank5/16 · top 31%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 65
    Category rank4/16 · top 25%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 67
    Category rank7/16 · top 44%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 65
    Category rank5/16 · top 31%

Graded as of Sep 22, 2026

Our read on FNDC

ETF.net Research

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

  1. 01Weights 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.
  2. 02Roughly 1,600 names spread across developed markets outside the US. Broad enough that no single small-cap story drives the fund.
  3. 03Trading 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.
  4. 04At 0.39%, one of the better-standing implementations in a peer group where the typical fund charges about the same.

Worth knowing

  1. 01The fundamental weighting costs extra: plain cap-weighted siblings SCHC and VSS charge 0.06% against 0.39% here.
  2. 02A value tilt means results can diverge from standard cap-weighted international small-cap indexes for long stretches, in either direction.
  3. 03Cash comes in lumps: distributions are annual or semiannual, not monthly, and the fund trades moderately rather than like the category's busiest names.

FNDC Holdings

As of Sep 20, 2026, 6:40 AM
Asset class
Stocks
Holdings
1,599
Top-10 weight
3%
Largest holding
4062.T0.4%

Sectors

  • Industrials24.3%
  • Financials15.0%
  • Consumer Discr.13.2%
  • Materials11.0%
  • Technology9.5%
  • Real Estate5.8%
  • Cons. Staples5.8%
  • Health Care5.2%
  • Energy4.4%
  • Communication3.7%
  • Utilities2.1%

Geography

  • Japan32.52%
  • Korea (the Republic of)8.44%
  • United Kingdom8.31%
  • Canada7.71%
  • United States6.72%
  • Australia5.47%
  • Switzerland3.73%
  • Germany3.05%
  • Other countries (30)24.06%

Developed 86% · Emerging 14% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 106.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0014062.TIBIDEN LTD0.42%115,762$14M118
002047040.KSDAEWOO ENGINEERING & CONSTRUCTION0.30%730,463$10M36
003KOREAN WON0.30%13,299,558,832$10M19
004GFL.TOGFL ENVIRONMENTAL SUBORDINATE VOTI0.28%210,318$9M73
005028050.KSSAMSUNG E&A LTD0.26%229,663$8M61
006375500.KSDL E&C LTD0.25%134,103$8M34
007TSEMTOWER SEMICONDUCTOR0.24%36,273$8M37
008032830.KSSAMSUNG LIFE LTD0.24%37,991$8M89
009006360.KSGS ENGINEERING & CONSTRUCTION CORP0.24%289,380$8M38
010BTE.TOBAYTEX ENERGY0.23%1,513,190$7M41
011HBAN.SWHELVETIA BALOISE HOLDING N AG0.22%26,793$7M75
012EZJ.LEASYJET0.22%819,093$7M48
0135076.TINFRONEER HOLDINGS0.20%362,626$7M63
014EDENEDENRED0.20%196,943$7M6
015EMG.LMAN GROUP PLC0.20%1,441,024$6M56

Showing 1–15 of 1588 holdings

FNDC Performance

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

FNDC$11,849
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FNDC $11,849. SPY $11,723. Use the arrow keys to read each point.$9,336$10,751$12,167Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+15.4%
1 month+0.3%
3 months+3.9%
1 year+18.5%
3 years+20.1%per year
5 years+8.3%per year
10 years+8.5%per year

As of the close, 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+15.4%
2025+35.6%
2024+1.4%
2023+14.9%
2022−14.7%
2021+10.3%
2020+6.6%

FNDC in the news

ETF.net Research hasn’t filed on FNDC yet — coverage lands here as it’s written.

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 Sep 22, 2026.
3.53%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

FNDC Risk

How much the fund’s monthly returns vary, scaled to a year.
13.8%
Annualised · 36 months to Aug 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.
1.01
vs 3-month T-bills · to Aug 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.
−31.3%
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.

FNDC Cost

Expense ratio0.39%
  • The middle half of International Small-Cap funds
  • Median 0.44%

3 of the 16 International Small-Cap funds charge less.

FNDC costs $39.00 a year on $10,000. The median International Small-Cap fund costs $44.00.