FDEV vs INTF: Grades, Fees and Holdings Compared

Fidelity International Multifactor ETF

FDEVACboe

iShares International Equity Factor ETF

INTFANYSE Arca

Overlap

29.2%by weight

Expense ratio

INTF −0.02pt a year

FDEV0.18%INTF0.16%

Avg volume · 30D

INTF 10.6×the volume

FDEV29.3KINTF309K

5Y return · a year

INTF +2.8pt

FDEV+7.8%INTF+10.6%

FDEV vs INTF Performance

Oct 29, 2021 – Oct 30, 2026

+45.8%FDEV+65.8%INTF

Expense ratio: FDEV 0.18%; INTF 0.16%, better
Fund size: FDEV $276M; INTF $3.7B
1Y total return: FDEV +16.6%; INTF +17.0%, better
Yield (12M): FDEV 3.27%, better; INTF 3.02%
Holdings: FDEV 210; INTF 501
Avg volume (30D): FDEV 29.3K sh; INTF 309K sh, better
NAV per share: FDEV $37.31; INTF $41.10
52W range

ETF.net Grade

Pillar letters and Scores for FDEV, INTF, with each pillar’s weight
Pillar	FDEV	INTF
Cost30% weight	A91	A98Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	A78Higher	B55
Tradability15% weight	B59	A73Higher
Holdings10% weight	C48	B68Higher
Durability5% weight	C42	A86Higher

Rank among International Multifactor funds

How we build Categories ›

Same Category. FDEV and INTF are both graded against the same 30 International Multifactor funds, so their Grades compare head to head.

International Multifactor⁠

Category · 30 funds

See all 30 ›

INTF ranks 1st and FDEV 4th of 30 funds in the International Multifactor Category.

Rank 1AINTFiShares International Equity Factor ETFScore 79
Rank 2ADFAIDimensional International Core Equity Market ETFScore 77
Rank 3AGSWOGoldman Sachs ActiveBeta World Equity ETFScore 76
Rank 4AFDEVFidelity International Multifactor ETFScore 73
Rank 5ARODMHartford Multifactor Developed Markets (ex-US) ETFScore 71

Our read on each fund

ETF.net Research

FDEVAFidelity International Multifactor ETF

INTFAiShares International Equity Factor ETF

In short

FDEV Four factors (value, quality, momentum, low volatility) blended into one developed-markets index fund at 0.18% a year. Fidelity's answer to paying up for a single-factor tilt overseas.

INTF Five factors at once (value, quality, momentum, low volatility, low size) aimed at developed markets outside the US, for 0.16% a year. That is well under half what the typical international multifactor fund charges.

Stated mandate

FDEV The fund seeks returns generally corresponding to the Fidelity International Multifactor Index before fees and expenses.

INTF The fund seeks to track an index of international developed-market stocks chosen using value, quality, momentum, low-volatility, and low-size factors.

Why people hold it

FDEV 0.18% a year, less than half the typical fee in its international multifactor group, and within a rounding error of the cheapest name there (INTF at 0.16%).
One index does the work of four screens: value, quality, momentum and low volatility applied together, instead of you stacking separate single-factor funds.
Roughly 220 developed-market stocks outside the US, picked by published index rules rather than a manager's hunches, with cash paid out quarterly.
Sits in the top quartile of a 29-fund international factor cohort, which is a crowded field full of far pricier attempts at the same job.

INTF At 0.16% a year it undercuts the peer median of 0.38%, and also GSIE (0.25%), RODM (0.29%) and FDEV (0.18%).
One basket of roughly 500 developed-market stocks does the work of separate value, quality, momentum, low-volatility and small-size sleeves.
Live since 2015 and now a multi-billion-dollar iShares fund, giving it more history than much of the international multifactor shelf.
Rates among the strongest implementations in its international multifactor peer group of 29 funds.

Worth knowing

FDEV Thinly traded. Spreads can quietly cost more than the fee, so limit orders matter more here than with the category's household names.
A 2019 launch still in the mid-size asset range, so there is no decades-long record to lean on the way older international index funds offer.
Blending four factors means none of them drives the bus. When value or momentum alone runs hot, this owns only a slice of that move.

INTF Factor tilts are the whole point, so returns can wander from a plain cap-weighted international index in either direction, sometimes for long stretches.
Developed markets only. No emerging-market exposure here, and returns move with foreign currencies as well as foreign stocks.
Volume is moderate rather than heavy, so limit orders help. Distributions land once or twice a year, not quarterly.

Full FDEV profile⁠

Full INTF profile⁠

FDEV vs INTF Holdings

How FDEV and INTF differ

Overlap by weight

29.2%

Shared holdings make up 61.3% of FDEV and 33.4% of INTF.

Level by level

Holdings110 in both29.2%
Sector11 Sectors77.5%
Countryby domicile79.5%
Asset classEquity100%

Sector

Sector weights in FDEV and INTF, widest gap first
Sector	More in FDEVMore in INTF	FDEV	INTF
Energy	FDEV +6.0 points	11.5%	5.5%
Consumer Discretionary	INTF +5.8 points	3.5%	9.3%
Communication	FDEV +5.4 points	8.5%	3.1%
Health Care	FDEV +4.6 points	13.3%	8.7%
Technology	INTF +4.5 points	6.2%	10.7%
Real Estate	FDEV +4.1 points	6.4%	2.3%
Utilities	INTF +4.0 points	0.0%	4.0%
Materials	INTF +3.0 points	3.7%	6.7%
Financials	INTF +2.8 points	24.0%	26.8%
Industrials	INTF +2.4 points	14.5%	16.9%
Consumer Staples	FDEV +2.3 points	8.3%	6.0%

Country, concentration and asset class

Country by domicile

Country weights in FDEV and INTF, widest gap first
Country	More in FDEVMore in INTF	FDEV	INTF
Canada	FDEV +7.1 points	14.9%	7.8%
Japan	INTF +4.0 points	22.4%	26.4%
Switzerland	INTF +3.6 points	5.0%	8.6%
Australia	INTF +3.4 points	3.1%	6.5%
Germany	INTF +3.3 points	3.6%	6.9%
Belgium	FDEV +2.5 points	2.5%	0.0%
Israel	FDEV +2.1 points	2.1%	0.0%
Italy	INTF +2.0 points	1.6%	3.6%
Other countries (15)	FDEV +4.7 points	44.9%	40.2%

Outside the US: FDEV 97% developed, 3% emerging. INTF 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

FDEV15.6%
INTF12.8%

Securities held

FDEV198
INTF482

Asset class

FDEV: Equity
INTF: Equity

Holdings

Only in FDEV88
In both110
Only in INTF372

Only in FDEV

88 securities, 38.2% of FDEV by weight

Shell PLC1.83%
Firstservice Corp1.27%
Kddi Corp1.12%
Anheuser-Busch Inbev Sa/Nv1.09%
Ly Corporation1.07%
Rightmove PLC1.03%
Inpex Corp1.03%
Japan Tobacco Inc1.02%
Kpn (Kon) NV1.02%
Cenovus Energy Inc1.01%
Autotrader Group PLC0.98%
Whitecap Resources Inc0.97%
Quebecor Inc Class B Sub Vtg0.91%
Essity Ab B0.87%
Ono Pharmaceutical Co Ltd0.81%
Var Energi As0.79%
Ucb SA0.64%
Thomson Reuters Corp0.56%
Merck Kgaa0.50%
Haleon PLC0.49%
Finning International Inc0.49%
Swedish Orphan Biovitrum Ab0.48%
Sumitomo Mitsui Tr Group Inc0.45%
Fresenius Medical Care AG0.44%
Qbe Insurance Group Ltd0.43%
Ipsen Promesses0.41%
Challenger Ltd0.41%
Boc Hong Kong Holdings Ltd0.41%
Hannover Rueckversicherungs SE0.41%
Bank Leumi Le-Israel Bm0.41%
Bank Hapoalim Ltd (Reg)0.39%
Obic Co Ltd0.39%
Daishi Hokuetsu Financial Grou0.38%
Atlas Copco Ab Ser A0.38%
Mebuki Financial Group Inc0.37%
Hirogin Holdings Inc0.37%
Talanx Aktiengesellschaft0.36%
Israel Discount Bank Ltd Class A0.36%
Secom Co Ltd0.36%
Ackermans & Van Haaren SA0.36%
Washington H Soul Pattinson &0.36%
Technology One Limited0.35%
Knorr-Bremse AG0.35%
Medibank Private Limited0.34%
Industrivarden Ab Ser A0.34%
Mizrahi Tefahot Bank Ltd0.34%
National Bank of Canada Dtc El0.33%
Kajima Corp0.33%
Sojitz Corporation0.33%
Getlink SE0.33%

Only in INTF

372 securities, 66.0% of INTF by weight

Mitsubishi Ufj Financial Group1.04%
Nestle SA0.99%
Abb Ltd0.92%
Sumitomo Mitsui Financial Group0.86%
Mizuho Financial Group0.83%
Sap0.82%
Recruit Holdings Ltd0.81%
Shell0.80%
Unicredit0.77%
Siemens N AG0.69%
Toyota Motor0.68%
Commonwealth Bank of Australia0.64%
Advantest0.63%
Banco Bilbao Vizcaya Argentaria0.63%
Ubs Group AG0.62%
Bp PLC0.60%
Loreal SA0.56%
Hitachi0.56%
Asics0.54%
Rolls-Royce Holdings PLC0.54%
Tokio Marine Holdings0.50%
The Sage Group0.48%
Allianz0.48%
Engie SA0.47%
Sony Group0.47%
Siemens Energy N AG0.47%
Tokyo Electron0.47%
Zurich Insurance Group AG0.45%
Tesco PLC0.43%
Bae Systems PLC0.42%
Investor Class B0.42%
Fast Retailing0.41%
Safran SA0.40%
Schneider Electric0.40%
Shopify Subordinate Voting Class A0.39%
Deutsche Boerse AG0.38%
Jb Hi-Fi Ltd0.38%
Deutsche Bank AG0.38%
Softbank Group Corp0.37%
Yangzijiang Shipbuilding (Holdings0.36%
Compagnie Financiere Richemont SA0.36%
Al Sydbank0.35%
Aia Group0.35%
Iberdrola0.35%
Kioxia Holdings0.35%
Dbs Group Holdings Ltd0.35%
Iss A’s0.35%
Muenchener Rueckversicherungs-Gese0.34%
Otsuka Corp0.34%
Enel0.34%

Weight gaps

The 100 widest of 110 Holdings in both funds.

Holding weights in FDEV and INTF, widest gap first
Holding	More in FDEVMore in INTF	FDEV	INTF
Hongkong Land Hldgs Ltd	FDEV +1.60 points	1.63%	0.03%
Daito Trust Construction	FDEV +1.60 points	1.69%	0.09%
Klepierre SA	FDEV +1.24 points	1.54%	0.30%
Unilever PLC OrdULVR.L	FDEV +1.05 points	1.26%	0.21%
Nexon Co Ltd	FDEV +1.02 points	1.14%	0.12%
Canadian Natl Resources Ltd	FDEV +0.96 points	1.32%	0.36%
Shionogi & Co Ltd	FDEV +0.91 points	0.93%	0.02%
Reckitt Benckiser Group PLCRKT.L	FDEV +0.83 points	0.91%	0.08%
Toyo Suisan Kaisha Ltd	FDEV +0.81 points	0.84%	0.03%
Asml Holding NV	INTF +0.80 points	1.50%	2.30%
Imperial Brands PLCIMB.L	FDEV +0.80 points	0.89%	0.09%
Orkla Asa	FDEV +0.77 points	0.85%	0.08%
Novartis AG (Reg)	INTF +0.75 points	1.50%	2.25%
Carlsberg As Class B	FDEV +0.72 points	0.86%	0.14%
Suncor Energy Inc	FDEV +0.66 points	1.28%	0.62%
Vodafone Group PLCVOD.L	FDEV +0.60 points	1.02%	0.42%
Totalenergies SE	FDEV +0.55 points	1.38%	0.83%
Koninklijke Ahold Delhaize NV	FDEV +0.54 points	0.92%	0.38%
Gaztransport Et Techniga	FDEV +0.53 points	0.59%	0.06%
Roche Holding AG	FDEV +0.53 points	1.75%	1.22%
Rio Tinto Ltd	INTF +0.50 points	0.14%	0.64%
Astrazeneca PLC (Uk)AZN.L	FDEV +0.48 points	1.44%	0.96%
Equinor Asa	FDEV +0.48 points	0.87%	0.39%
Bhp Group Limited	INTF +0.48 points	0.43%	0.91%
Smith & Nephew PLCSN.L	FDEV +0.46 points	0.47%	0.01%
Toronto-Dominion Bank	FDEV +0.44 points	0.83%	0.39%
Relx PLCREL.L	FDEV +0.42 points	0.52%	0.10%
Macquarie Group Ltd	FDEV +0.42 points	0.51%	0.09%
Itochu Corp	FDEV +0.41 points	0.65%	0.24%
Bnp Paribas (Fran)	FDEV +0.41 points	0.54%	0.13%
Banco Santander SA (Spain)	FDEV +0.41 points	0.79%	0.38%
Toyota Tsusho Corp	FDEV +0.39 points	0.40%	<0.01%
Mitsui & Co Ltd	FDEV +0.39 points	0.60%	0.21%
Fisher & Paykel Health (Nz)	FDEV +0.37 points	0.69%	0.32%
Geberit AG (Reg)	FDEV +0.37 points	0.41%	0.04%
Bper Banca Spa	FDEV +0.37 points	0.43%	0.06%
Loblaw Cos Ltd	FDEV +0.35 points	1.17%	0.81%
Vinci SA	FDEV +0.34 points	0.42%	0.08%
Oversea-Chinese Bkg Corp Ltd	FDEV +0.34 points	0.62%	0.28%
Hachijuni Nagano Bank Ltd	FDEV +0.33 points	0.38%	0.05%
Sanofi	FDEV +0.32 points	0.75%	0.43%
Sgs SA (Reg)	FDEV +0.32 points	0.42%	0.10%
Canadian Imp Bk of Commerce	FDEV +0.31 points	0.50%	0.19%
Orion Oyj (New) B	FDEV +0.30 points	0.53%	0.23%
Abn Amro Bank Nv-Cva	INTF +0.30 points	0.39%	0.69%
Sumitomo Corp	FDEV +0.28 points	0.46%	0.18%
Wolters Kluwer NV	FDEV +0.27 points	0.48%	0.21%
Unicaja Banco	FDEV +0.27 points	0.29%	0.02%
Seventy Seventh Bank	FDEV +0.27 points	0.38%	0.11%
Novo-Nordisk As Class B	FDEV +0.27 points	0.81%	0.54%
Singapore Exchange Ltd	FDEV +0.26 points	0.33%	0.07%
Manulife Financial Corp (Cana)	INTF +0.26 points	0.40%	0.66%
Sandvik Ab	FDEV +0.26 points	0.30%	0.04%
Nissan Chemical Corp	FDEV +0.25 points	0.27%	0.02%
Banco Bpm Spa	FDEV +0.24 points	0.39%	0.15%
Repsol SA	FDEV +0.24 points	0.80%	0.56%
Gsk PLCGSK.L	FDEV +0.24 points	0.75%	0.51%
Aib Group PLC	INTF +0.24 points	0.39%	0.63%
Dassault Aviation SA	FDEV +0.23 points	0.30%	0.07%
Poste Italiane Spa	FDEV +0.23 points	0.39%	0.16%
Cgi Inc Class A Sub Vtg	FDEV +0.23 points	0.40%	0.17%
Kinden Corporation	FDEV +0.23 points	0.30%	0.07%
Dai Nippon Printing Co Ltd	FDEV +0.23 points	0.33%	0.10%
Raiffeisen Bank Interntnl AG	FDEV +0.23 points	0.30%	0.07%
Rexel SA	FDEV +0.22 points	0.30%	0.08%
Kone Oyj B	FDEV +0.20 points	0.43%	0.23%
Agnico Eagle Mines Ltd (Cana)	FDEV +0.21 points	0.31%	0.10%
Caixabank SA	FDEV +0.19 points	0.41%	0.21%
Dollarama Inc	FDEV +0.19 points	0.23%	0.04%
Gea Group AG	FDEV +0.19 points	0.43%	0.24%
Canon Inc	FDEV +0.17 points	0.34%	0.17%
Royal Bank of Canada	INTF +0.15 points	1.05%	1.20%
Standard Chartered PLC (Uk)STAN.L	FDEV +0.14 points	0.33%	0.19%
Ricoh Co Ltd	FDEV +0.14 points	0.33%	0.19%
Capgemini SA (FF40)	FDEV +0.15 points	0.17%	0.02%
MS&AD Insurance Grp Hldgs Inc	FDEV +0.14 points	0.52%	0.38%
Nordex SE	FDEV +0.13 points	0.38%	0.25%
Uss Co Ltd	INTF +0.13 points	0.21%	0.34%
Asm International NV (Neth)	FDEV +0.13 points	0.19%	0.06%
Sanwa Holdings Corp	FDEV +0.12 points	0.32%	0.20%
Natwest Group PLCNWG.L	FDEV +0.12 points	0.37%	0.25%
Computacenter PLCCCC.L	FDEV +0.12 points	0.13%	<0.01%
Temenos AG	FDEV +0.12 points	0.13%	0.01%
Citizen Watch Co Ltd	FDEV +0.12 points	0.26%	0.14%
Kinross Gold Corp	INTF +0.11 points	0.17%	0.28%
Tisi Inc	FDEV +0.11 points	0.33%	0.22%
Balfour Beatty PLCBBY.L	INTF +0.11 points	0.30%	0.41%
Hochtief AG	FDEV +0.11 points	0.34%	0.23%
Rio Tinto PLC (Regd)RIO.L	FDEV +0.10 points	0.32%	0.22%
Eiffage SA (Form Fougerolle)	FDEV +0.10 points	0.26%	0.16%
Credit Agricole SA	INTF +0.10 points	0.30%	0.40%
Logitech Intl SA Reg	INTF +0.09 points	0.13%	0.22%
Yara International Asa	FDEV +0.08 points	0.21%	0.13%
Ck Hutchison Holdings Ltd	FDEV +0.07 points	0.25%	0.18%
Endeavour Mining PLCEDV.L	FDEV +0.06 points	0.22%	0.16%
Fortescue Ltd	INTF +0.06 points	0.10%	0.16%
Fairfax Finl Hldgs Ltd Sub Vtg	FDEV +0.06 points	0.28%	0.22%
Hsbc Holdings PLC (Uk Reg)HSBA.L	FDEV +0.06 points	1.08%	1.02%
Ericsson (Lm) Tele Co Class B	INTF +0.05 points	0.19%	0.24%
Subaru Corp	INTF +0.04 points	0.26%	0.30%

All 218 FDEV holdings⁠All 483 INTF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FDEV vs INTF Cost

Overpaying FDEV vs INTF

$407

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

FDEV 0.18%
$3,749
INTF 0.16%
$3,342

Amount$10,000

Years30 years

Cost over time

FDEV 0.18%
INTF 0.16%
Overpaying

Year by year

Year	FDEV	INTF	Overpaying
10	$328	$292	$36
20	$1,281	$1,141	$140
30	$3,749	$3,342	$407

Expense ratio

0.18%FDEV
0.16%INTF, cheaper

INTF0.16%FDEV0.18%

0.15%0.80%

Middle half of International Multifactor funds
Median 0.34%

INTF 2nd cheapest of 30 funds

FDEV 3rd cheapest of 30 funds

FDEV vs INTF Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FDEV 3.27%, better; INTF 3.02%
Payout (12M): FDEV $1.22; INTF $1.24
Last payment: FDEV $0.33; INTF $0.72
Ex-dividend: FDEV Sep 18, 2026; INTF Jun 15, 2026
Paid on: FDEV Sep 22, 2026; INTF Jun 18, 2026
Frequency: FDEV Quarterly; INTF Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

FDEVQuarterly · 31 paymentsAll FDEV payments⁠

INTFTwice a year · 20 paymentsAll INTF payments⁠

FDEV vs INTF Risk

Fall from peak · 5 years

FDEV
INTF

Risk facts

VolatilityStd dev, 3 years: FDEV 10.5%, betterINTF 11.2%
Return per unit of riskSharpe ratio, 3 years: FDEV 1.31INTF 1.45, better
Worst fallMax drawdown, 5 years: FDEV −27.9%INTF −27.6%, better
Market sensitivityBeta, 5 years: FDEV 0.65INTF 0.74; Market = 1

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