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FNDF

GradeBNew York Stock Exchange Arca

Schwab Fundamental International Large Company Index ETF

Major Indexes · Schwab · Inception 2013-08-15 · SEC filings

$54.60−0.81 (−1.45%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 55.41 to 54.60. Range 54.42 to 54.85. Use the arrow keys to read each point.$54.40$54.50$54.70$54.8010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$26.0B
1Y return
+33.6%
Yield · Last 12 months
2.95%
Holdings
914
Volume · 30D
1.5M sh
NAV per share
$54.92
52W range
low $42.32high $56.48

The ETF.net FNDF Grade

B

56/ 100

Rank 14 of 22 in Developed International Core⁠

Confidence High

Six-pillar profile for FNDF. Scores out of 100: Cost 24, Risk 65, Mission 100, Tradability 41, Holdings 53, Durability 69. Strongest: Mission (100). Weakest: Cost (24). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 56 of 100 sits in the B 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.
    FScore 24
    Category rank16/22 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank6/19 · top 32%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 65
    Category rank3/22 · top 14%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 41
    Category rank15/22 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 53
    Category rank12/21 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 69
    Category rank8/22 · top 36%

Graded as of Sep 22, 2026

Our read on FNDF

ETF.net Research

BMost developed-international index funds rank companies by market price. FNDF ranks them by fundamental business size and rebalances back to it, a contrarian, value-leaning route through roughly 900 of the same stocks.

Stated mandate

The fund seeks to track, before fees and expenses, an index representing large companies from developed markets outside the United States, weighted according to fundamental size.

Why people hold it

  1. 01Weights companies by fundamental size rather than share price, so each rebalance trims what the market has bid up and tops up what it has marked down.schwabassetmanagement.com
  2. 02Roughly 900 large companies from developed markets outside the US, so the value tilt arrives with broad diversification instead of a narrow bet.
  3. 03Running since 2013 and now a multi-billion-dollar, actively traded fund, with a tight record of doing exactly what its RAFI index mandate says.

Worth knowing

  1. 01At 0.25%, it runs above the developed-international median of 0.18% and well above plain cap-weighted rivals VEA, SCHF and SPDW at 0.03%.
  2. 02Because weights ignore market price, results diverge from cap-weighted developed benchmarks in both directions. The value tilt is the design, not a glitch.schwabassetmanagement.com
  3. 03Distributions land on an annual or semiannual schedule, so the cash flow is lumpier than a monthly payer.

FNDF Holdings

As of Sep 20, 2026, 6:40 AM
Asset class
Stocks
Holdings
914
Top-10 weight
16%
Largest holding
005930.KS3.6%

Sectors

  • Financials22.3%
  • Industrials13.2%
  • Technology12.0%
  • Energy11.2%
  • Materials10.6%
  • Consumer Discr.8.8%
  • Health Care6.4%
  • Cons. Staples6.1%
  • Utilities4.5%
  • Communication4.1%
  • Real Estate0.8%

Geography

  • Japan24.46%
  • United Kingdom11.75%
  • Canada9.53%
  • Korea (the Republic of)8.96%
  • United States7.57%
  • Switzerland6.28%
  • Germany5.76%
  • Australia4.90%
  • Other countries (23)20.80%

Developed 89% · Emerging 11% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 61.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001005930.KSSAMSUNG ELECTRONICS LTD3.59%5,245,002$948M176
002SHEL.LSHELL PLC2.55%14,249,553$672M159
003GVMXXSSC GOVERNMENT MM GVMXX1.82%485,275,281$480M53
004TTETOTALENERGIES1.76%5,134,901$464M49
005—BP PLC1.13%39,940,922$297M7
006BHP.AXBHP GROUP LTD1.12%6,959,542$295M151
007HSBA.LHSBC HOLDINGS PLC1.11%14,415,924$293M145
008GLEN.LGLENCORE PLC1.08%37,160,112$285M127
0097203.TTOYOTA MOTOR0.93%12,688,858$244M136
010ROP.SWROCHE PS PAR AG0.90%544,921$236M196
011SANBANCO SANTANDER0.85%15,224,180$224M61
012000660.KSSK HYNIX0.75%158,241$198M184
013DTEDEUTSCHE TELEKOM N AG0.70%5,765,982$185M278
014RIO.LRIO TINTO PLC0.70%1,909,591$185M146
015NESN.SWNESTLE SA0.70%1,958,199$184M162

Showing 1–15 of 903 holdings

FNDF Performance

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

FNDF$13,360
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. FNDF $13,360. SPY $11,723. Use the arrow keys to read each point.$9,208$11,554$13,901Sep 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 FNDF. Periods over one year show the average yearly return.
PeriodFNDF
Year to date+23.3%
1 month−0.8%
3 months+3.1%
1 year+33.6%
3 years+23.9%per year
5 years+14.8%per year
10 years+11.6%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 FNDF
YearReturn barFNDF
2026 YTD+23.3%
2025+41.0%
2024+2.3%
2023+20.2%
2022−7.8%
2021+15.0%
2020+3.6%

FNDF in the news

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

FNDF 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.
2.95%Last 12 months
Payout per share
$1.64Last 12 months
Last payment
$0.30 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 $0.71; Dec 12, 2018 $0.87; Jun 26, 2019 $0.22; Dec 12, 2019 $0.70; Jun 24, 2020 $0.20; Dec 10, 2020 $0.44; Jun 23, 2021 $0.27; Dec 8, 2021 $0.84; Dec 30, 2021 $0.04; Jun 22, 2022 $0.28; Dec 7, 2022 $0.62; Jun 21, 2023 $0.38; Dec 6, 2023 $0.77; Jun 26, 2024 $0.32; Dec 13, 2024 $1.01; Jun 25, 2025 $0.21; Dec 11, 2025 $1.34; Jun 24, 2026 $0.30. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 24, 2026Jun 29, 2026$0.30
Dec 11, 2025Dec 16, 2025$1.34
Jun 25, 2025Jun 30, 2025$0.21
Dec 13, 2024Dec 18, 2024$1.01
Jun 26, 2024Jul 1, 2024$0.32
Dec 6, 2023Dec 11, 2023$0.77
Jun 21, 2023Jun 26, 2023$0.38
Dec 7, 2022Dec 12, 2022$0.62
Jun 22, 2022Jun 27, 2022$0.28
Dec 30, 2021Jan 4, 2022$0.04
Dec 8, 2021Dec 13, 2021$0.84
Jun 23, 2021Jun 28, 2021$0.27

FNDF Risk

How much the fund’s monthly returns vary, scaled to a year.
12.6%
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.
1.41
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.
−25.6%
Trough Sep 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.
0.97
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.

FNDF Cost

Expense ratio0.25%
  • The middle half of Developed International Core funds
  • Median 0.09%

14 of the 21 Developed International Core funds charge less.

FNDF costs $25.00 a year on $10,000. The median Developed International Core fund costs $9.00.