FDTS vs SCHC: Grades, Fees and Holdings Compared

First Trust Developed Markets ex-US Small Cap AlphaDEX Fund

FDTSFNasdaq

Schwab International Small-Cap Equity ETF

SCHCANYSE Arca

Overlap

11.5%by weight

Expense ratio

SCHC −0.74pt a year

FDTS0.80%SCHC0.06%

Avg volume · 30D

SCHC 275.6×the volume

FDTS1.24KSCHC343K

10Y return · a year

FDTS +2.1pt

FDTS+10.1%SCHC+8.0%

FDTS vs SCHC Performance

Nov 9, 2021 – Nov 9, 2026

+65.2%FDTS+29.0%SCHC

Expense ratio: FDTS 0.80%; SCHC 0.06%, better
Fund size: FDTS $13M; SCHC $5.38B
1Y total return: FDTS +24.4%, better; SCHC +12.9%
Yield (12M): FDTS 2.73%; SCHC 3.47%, better
Holdings: FDTS 408; SCHC 2325
Avg volume (30D): FDTS 1.24K sh; SCHC 343K sh, better
NAV per share: FDTS $64.65; SCHC $47.01
52W range

ETF.net Grade

Pillar letters and Scores for FDTS, SCHC, with each pillar’s weight
Pillar	FDTS	SCHC
Cost30% weight	F7	A97Higher
Mission25% weight	Not scored	A100
Risk15% weight	D39Higher	D38
Tradability15% weight	F10	B69Higher
Holdings10% weight	C43	A75Higher
Durability5% weight	D27	A75Higher

Rank among International Small-Cap funds

How we build Categories ›

Same Category. FDTS and SCHC are both graded against the same 16 International Small-Cap funds, so their Grades compare head to head.

International Small-Cap⁠

Category · 16 funds

See all 16 ›

SCHC ranks 1st and FDTS 16th of 16 funds in the International Small-Cap Category.

Rank 1ASCHCSchwab International Small-Cap Equity ETFScore 81
Rank 2AFNDCSchwab Fundamental International Small Company Index ETFScore 78
Rank 15FASCIabrdn International Small Cap Active ETFScore 24
Rank 16FFDTSFirst Trust Developed Markets ex-US Small Cap AlphaDEX FundScore 19

Our read on each fund

ETF.net Research

FDTSFFirst Trust Developed Markets ex-US Small Cap AlphaDEX Fund

SCHCASchwab International Small-Cap Equity ETF

In short

FDTS Small caps outside the US, picked by rulebook instead of size: FDTS ranks developed-market small companies on growth and value marks, then holds roughly 400 of them. It has run this way since 2012.

SCHC The bargain end of international small caps: Schwab charges 0.06% where the typical fund in this group sits near 0.40%. Roughly 2,200 stocks from developed markets outside the US, with Canada and South Korea in the mix.

Stated mandate

FDTS The fund seeks to track, before fees and expenses, the price and yield performance of the Nasdaq AlphaDEX® Developed Markets Ex-US Small CapTM Index.

SCHC The fund seeks to track, before fees and expenses, the total return of the FTSE Developed Small Cap ex US Liquid Index.

Why people hold it

FDTS Runs a real screen. Stocks are ranked on growth and value marks under First Trust's AlphaDEX rules, not simply held because they are the biggest names on the board.ftportfolios.com
Roughly 400 holdings across developed-market small caps outside the US, so no single stock carries the portfolio.
Live since 2012, which means this methodology has a real-money record through several market cycles rather than a backtest. Cash goes out quarterly.

SCHC 0.06% a year, against a peer-group median near 0.40%. In a corner of the market where fees usually run high, that gap is most of the pitch.schwabassetmanagement.com
About 2,200 holdings across developed markets outside the US. Broad enough that it behaves like the asset class rather than a concentrated bet.
Counts Canada and South Korea as developed markets, covering ground that EAFE-built rivals such as SCZ leave out by design.schwabassetmanagement.com ishares.com
Trading since 2010 and has tracked its FTSE developed small-cap benchmark tightly, one of the cleaner index implementations in its peer group.

Worth knowing

FDTS The sticker is 0.80% a year against a 0.38% median in its international multifactor group. INTF charges 0.16%, FDEV 0.18%.
A small fund that trades thinly, so bid-ask spreads and fill quality matter more here than with the giants of its peer group.
Fee and thin trading land it in the bottom quartile of its peer group on our overall read, even though the basket itself is built well.

SCHC Foreign small caps swing harder than large caps, and holdings are priced in local currencies, so exchange-rate moves feed straight into results.
Developed markets only. Emerging-market small caps sit outside the mandate, which is where wider ex-US peers like VSS reach further.
Moderately traded rather than a top-of-tape name, and distributions land once or twice a year instead of quarterly.

Full FDTS profile⁠

Full SCHC profile⁠

FDTS vs SCHC Holdings

How FDTS and SCHC differ

Overlap by weight

11.5%

Shared holdings make up 67.8% of FDTS and 11.6% of SCHC.

Level by level

Holdings275 in both11.5%
Countryby domicile65.8%
Sector11 Sectors85.0%
Asset classStocks100%

Sector

Sector weights in FDTS and SCHC, widest gap first
Sector	Gap	FDTS	SCHC
Consumer Discretionary	FDTS +9.2 points	19.6%	10.4%
Real Estate	SCHC +4.8 points	3.5%	8.3%
Consumer Staples	FDTS +3.1 points	7.9%	4.8%
Health Care	SCHC +3.1 points	3.6%	6.7%
Technology	SCHC +3.1 points	6.7%	9.8%
Industrials	SCHC +2.1 points	19.9%	22.0%
Financials	FDTS +1.8 points	14.6%	12.8%
Utilities	SCHC +1.6 points	1.2%	2.8%
Communication	FDTS +0.7 points	4.2%	3.5%
Materials	SCHC +0.2 points	12.8%	13.0%
Energy	FDTS +0.1 points	6.1%	6.0%

Country, concentration and asset class

Country by domicile

Country weights in FDTS and SCHC, widest gap first
Country	Gap	FDTS	SCHC
Japan	FDTS +15.7 points	37.3%	21.6%
South Korea	FDTS +8.6 points	15.2%	6.6%
China	FDTS +8.3 points	8.8%	0.5%
Canada	SCHC +5.6 points	6.4%	12.0%
Switzerland	SCHC +3.8 points	1.0%	4.8%
United Kingdom	SCHC +3.6 points	8.4%	12.0%
Sweden	SCHC +3.1 points	1.7%	4.8%
France	SCHC +2.7 points	1.5%	4.2%
Other countries (24)	SCHC +13.9 points	19.6%	33.5%

Outside the US: FDTS 73% developed, 27% emerging. SCHC 88% developed, 12% emerging.

Concentration

Weight in the 10 largest Holdings

FDTS5.3%
SCHC2.9%

Securities held

FDTS399
SCHC2,309

Asset class

FDTS: Stocks
SCHC: Stocks

Holdings

Only in FDTS124
In both275
Only in SCHC2,034

Only in FDTS

124 securities, 31.6% of FDTS by weight

NewPrinces SpA0.59%
Health and Happiness (H&H) International Holdings Limited0.59%
Sapporo Breweries Limited0.54%
Saga Plc0.51%
361 Degrees International Limited0.49%
Topsports International Holdings Limited0.49%
Conduit Holdings Ltd.0.46%
Kyung Dong Navien Co., Ltd.0.46%
Halfords Group Plc0.44%
Yellow Cake Plc0.44%
Mattr Corp.0.43%
Mitsui Matsushima Holdings Co., Ltd.0.43%
Amerigo Resources Ltd.0.42%
Orezone Gold Corporation0.41%
Olam Group Ltd0.41%
Cosmecca Korea Co., Ltd.0.41%
Q Technology (Group) Company Limited0.40%
Man Wah Holdings Ltd.0.40%
Global New Material International Holdings Limited0.39%
Funding Circle Holdings Plc0.39%
Xtep International Holdings Limited0.39%
Toyo Tire Corporation0.38%
Netmarble Corporation0.37%
Kumho Petrochemical Co., Ltd.0.37%
TK Corporation0.36%
Sinofert Holdings Limited0.36%
DN Automotive Corporation0.36%
KCC Corporation0.35%
CapitaLand India Trust0.35%
F&F Co., Ltd.0.34%
AGF Management Limited (Class B)0.34%
Ayalon Insurance Company Ltd.0.34%
Li Ning Company Limited0.34%
Hanwha Life Insurance Co., Ltd.0.33%
TORM Plc0.33%
Iwatani Corporation0.32%
Teekay Tankers Ltd. (Class A)0.32%
MTY Food Group Inc.0.32%
Cascades Inc.0.32%
NagaCorp Ltd.0.31%
Tongcheng Travel Holdings Limited0.31%
Orion Corporation0.30%
Cosmo Energy Holdings Co., Ltd.0.30%
Yue Yuen Industrial (Holdings) Limited0.30%
Want Want China Holdings Ltd0.29%
Dowa Holdings Co., Ltd.0.29%
Genertec Universal Medical Group Company Limited0.29%
Haitian International Holdings Limited0.28%
Mazda Motor Corporation0.28%
Enquest Plc0.28%

Only in SCHC

2,034 securities, 88.1% of SCHC by weight

Storebrand0.34%
Eldorado Gold0.33%
Dpm Metals0.33%
Gaztransport & Technigaz SA0.29%
G Mining Ventures Corp0.29%
Lottomatica Group0.28%
Capital Power Corp0.27%
Al Sydbank0.27%
Aedifica NV0.27%
B2GOLD0.27%
Or Royalties Inc0.26%
Nkt0.26%
Jyske Bank0.26%
Thyssenkrupp AG0.25%
Frontline PLC0.25%
South Bow0.25%
Ringkjobing Landbobank0.25%
Oceanagold Corporation Corp0.24%
Lion Finance Group PLC0.23%
Konecranes0.23%
Wpp PLC0.23%
Iss0.23%
Ssr Mining0.23%
Londonmetric Property Reit PLC0.23%
Perseus Mining Ltd0.22%
Prairiesky Royalty0.22%
Rightmove PLC0.21%
Nexans SA0.21%
Persimmon PLC0.21%
Galenica AG0.21%
Aberdeen Group PLC0.21%
Balfour Beatty PLC0.21%
Rotork PLC0.21%
Georg Fischer AG0.21%
Voestalpine AG0.21%
Technip Energies0.21%
Blackberry0.20%
Definity Financial0.20%
Tritax Big Box Reit PLC0.20%
Chartwell Retirement Residences Re0.20%
Capstone Copper Corp0.20%
Nexgen Energy0.20%
Onex0.19%
Rs Group PLC0.19%
Sparebank Sr-Norge0.19%
Avanza Bank Holding0.19%
Brookfield Infrastructure Corp Cla0.19%
Methanex0.19%
Investec PLC0.19%
Cd Projekt Red0.19%

Weight gaps

The 100 widest of 275 Holdings in both funds.

Holding weights in FDTS and SCHC, widest gap first
Holding	Gap	FDTS	SCHC
Youngone Holdings Co., Ltd.	FDTS +0.49 points	0.52%	0.03%
Happinet Corporation	FDTS +0.48 points	0.52%	0.04%
NTG Nordic Transport Group A/S	FDTS +0.47 points	0.50%	0.03%
NHN Corporation	FDTS +0.47 points	0.49%	0.02%
Kameda Seika Co., Ltd.	FDTS +0.46 points	0.48%	0.02%
Chow Sang Sang Holdings International Limited	FDTS +0.46 points	0.48%	0.02%
Charter Hall Retail REIT	FDTS +0.44 points	0.50%	0.06%
Lakefront Biotherapeutics N.V.	FDTS +0.44 points	0.50%	0.06%
Youngone Corporation	FDTS +0.44 points	0.48%	0.04%
SBS Holdings, Inc.	FDTS +0.43 points	0.45%	0.02%
Hankook & Company Co., Ltd.	FDTS +0.43 points	0.45%	0.02%
Megmilk Snow Brand Co., Ltd.	FDTS +0.43 points	0.47%	0.04%
Japan Pulp and Paper Co., Ltd.	FDTS +0.43 points	0.45%	0.02%
SK Discovery Co., Ltd.	FDTS +0.42 points	0.43%	0.01%
IP Group PlcIPO.L	FDTS +0.42 points	0.45%	0.03%
Luk Fook Holdings (International) Limited	FDTS +0.42 points	0.45%	0.03%
SL Corp.	FDTS +0.42 points	0.44%	0.02%
Regal Partners Limited	FDTS +0.41 points	0.42%	0.01%
Sebang Global Battery Co., Ltd.	FDTS +0.41 points	0.42%	<0.01%
Hi-Lex Corporation	FDTS +0.41 points	0.42%	0.01%
Lotte Rental Co., Ltd.	FDTS +0.40 points	0.42%	0.02%
Stadler Rail AG	FDTS +0.40 points	0.48%	0.08%
Shinagawa Refra Co., Ltd.	FDTS +0.40 points	0.41%	0.01%
Etablissements Maurel et Prom	FDTS +0.39 points	0.41%	0.02%
Press Kogyo Co., Ltd.	FDTS +0.39 points	0.41%	0.02%
Dfds A/S	FDTS +0.38 points	0.41%	0.03%
Georgia Capital PlcCGEO.L	FDTS +0.38 points	0.45%	0.07%
Bure Equity AB	FDTS +0.38 points	0.44%	0.06%
Shibuya Corporation	FDTS +0.37 points	0.40%	0.03%
Daiki Aluminium Industry Co., Ltd.	FDTS +0.36 points	0.37%	0.01%
Shizuoka Gas Co., Ltd.	FDTS +0.36 points	0.37%	0.01%
United Energy Group, Ltd.	FDTS +0.36 points	0.39%	0.03%
Riken Technos Corporation	FDTS +0.36 points	0.38%	0.02%
Television Francaise 1	FDTS +0.36 points	0.38%	0.02%
2nd Retailing Co., Ltd.	FDTS +0.35 points	0.36%	<0.01%
Matsuda Sangyo Co., Ltd.	FDTS +0.35 points	0.37%	0.02%
DeNA Co., Ltd.	FDTS +0.34 points	0.37%	0.03%
Generation Capital Ltd.	FDTS +0.34 points	0.40%	0.06%
LOTTE Fine Chemical Co., Ltd.	FDTS +0.35 points	0.36%	0.01%
Rural Funds Group	FDTS +0.34 points	0.36%	0.02%
Innocean Worldwide Inc.	FDTS +0.34 points	0.35%	0.01%
Kumho Tire Co., Inc.	FDTS +0.34 points	0.36%	0.02%
HomeCo Daily Needs REIT	FDTS +0.33 points	0.39%	0.06%
Binggrae Co., Ltd.	FDTS +0.34 points	0.35%	0.01%
Beach Energy Limited	FDTS +0.33 points	0.37%	0.04%
RAIZNEXT Corporation	FDTS +0.33 points	0.35%	0.02%
Arena REIT	FDTS +0.33 points	0.36%	0.03%
Karoon Energy Ltd	FDTS +0.33 points	0.36%	0.03%
Kaga Electronics Co., Ltd.	FDTS +0.33 points	0.37%	0.04%
Kamei Corporation	FDTS +0.33 points	0.35%	0.02%
DoubleUGames Co., Ltd.	FDTS +0.33 points	0.35%	0.02%
LEG Immobilien SE	FDTS +0.33 points	0.50%	0.17%
Tachi-S Co., Ltd.	FDTS +0.32 points	0.34%	0.02%
G-Tekt Corporation	FDTS +0.33 points	0.34%	0.01%
Oil Refineries Ltd.	FDTS +0.32 points	0.37%	0.05%
Topre Corporation	FDTS +0.32 points	0.35%	0.03%
Npr-Riken Corporation	FDTS +0.32 points	0.34%	0.02%
Formula Systems (1985) Ltd.	FDTS +0.32 points	0.36%	0.04%
Joshin Corporation	FDTS +0.32 points	0.34%	0.02%
Restar Corporation	FDTS +0.32 points	0.34%	0.02%
The Fukui Bank, Ltd.	FDTS +0.31 points	0.34%	0.03%
BWP Property Group Ltd	FDTS +0.31 points	0.37%	0.06%
J D Wetherspoon PlcJDW.L	FDTS +0.31 points	0.34%	0.03%
Artience Co., Ltd.	FDTS +0.30 points	0.34%	0.04%
Keller Group PlcKLR.L	FDTS +0.30 points	0.40%	0.10%
Tomen Devices Corporation	FDTS +0.30 points	0.31%	0.01%
Okeanis Eco Tankers Corp.	FDTS +0.30 points	0.37%	0.07%
Construcciones y Auxiliar de Ferrocarriles SA	FDTS +0.29 points	0.35%	0.06%
Hosiden Corporation	FDTS +0.30 points	0.32%	0.02%
MegaChips Corporation	FDTS +0.29 points	0.31%	0.02%
Kolmar Korea Co., Ltd.	FDTS +0.29 points	0.34%	0.05%
Futaba Industrial Co., Ltd.	FDTS +0.30 points	0.31%	0.01%
Dicker Data Limited	FDTS +0.29 points	0.34%	0.04%
The Toho Bank, Ltd.	FDTS +0.30 points	0.34%	0.04%
Hanwha General Insurance Co., Ltd.	FDTS +0.29 points	0.30%	0.01%
Parex Resources Inc.	FDTS +0.29 points	0.34%	0.05%
Nippon Shinyaku Co., Ltd.	FDTS +0.29 points	0.34%	0.05%
K+s AG	FDTS +0.29 points	0.39%	0.10%
Aryt Industries, Ltd.	FDTS +0.29 points	0.30%	<0.01%
The Oita Bank, Ltd.	FDTS +0.29 points	0.33%	0.04%
The Shikoku Bank, Ltd.	FDTS +0.29 points	0.32%	0.03%
Alpen Co., Ltd.	FDTS +0.28 points	0.29%	<0.01%
The Bank of Saga, Ltd.	FDTS +0.28 points	0.30%	0.02%
Shaftesbury Capital PlcSHC.L	FDTS +0.28 points	0.39%	0.11%
Tasmea Limited	FDTS +0.28 points	0.30%	0.02%
Russel Metals Inc.	FDTS +0.28 points	0.39%	0.11%
Procrea Holdings, Inc.	FDTS +0.27 points	0.29%	0.02%
Hanwa Co., Ltd.	FDTS +0.27 points	0.34%	0.07%
The Yamagata Bank, Ltd.	FDTS +0.27 points	0.30%	0.03%
Draegerwerk AG & Company KGaA (Preference)	FDTS +0.27 points	0.31%	0.04%
Seria Co., Ltd.	FDTS +0.26 points	0.31%	0.05%
Nittetsu Mining Co., Ltd.	FDTS +0.27 points	0.30%	0.03%
Aecon Group Inc.	FDTS +0.26 points	0.36%	0.10%
DL E&C Co., Ltd.	FDTS +0.26 points	0.30%	0.04%
MIXI Inc.	FDTS +0.26 points	0.29%	0.03%
CITIC Telecom International Holdings Limited	FDTS +0.25 points	0.27%	0.02%
Hirata Corporation	FDTS +0.25 points	0.27%	0.02%
The Akita Bank, Ltd.	FDTS +0.25 points	0.28%	0.03%
Bank of the Ryukyus, Limited	FDTS +0.25 points	0.27%	0.02%
SK Gas Co., Ltd.	FDTS +0.26 points	0.27%	0.01%

All 403 FDTS holdings⁠All 2,333 SCHC 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.

FDTS vs SCHC Cost

Overpaying FDTS vs SCHC

$14,076

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

FDTS 0.80%
$15,346
SCHC 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

FDTS 0.80%
SCHC 0.06%
Overpaying

Year by year

Year	FDTS	SCHC	Overpaying
10	$1,422	$110	$1,312
20	$5,393	$432	$4,961
30	$15,346	$1,270	$14,076

Expense ratio

0.80%FDTS
0.06%SCHC, cheaper

SCHC0.06%FDTS0.80%

0.06%0.83%

Middle half of International Small-Cap funds
Median 0.44%

SCHC cheapest of 16 funds

FDTS 15th cheapest of 16 funds

FDTS vs SCHC Dividends

Last 12 months to Nov 9, 2026

Yield (12M): FDTS 2.73%; SCHC 3.47%, better
Payout (12M): FDTS $1.82; SCHC $1.68
Last payment: FDTS $0.28; SCHC $0.11
Ex-dividend: FDTS Sep 24, 2026; SCHC Jun 24, 2026
Paid on: FDTS Sep 30, 2026; SCHC Jun 29, 2026
Frequency: FDTS Quarterly; SCHC Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

FDTSQuarterly · 39 paymentsAll FDTS payments⁠

SCHCTwice a year · 16 paymentsAll SCHC payments⁠

FDTS vs SCHC Risk

Fall from peak · 5 years

FDTS
SCHC

Risk facts

VolatilityStd dev, 3 years: FDTS 16.7%SCHC 14.9%, better
Return per unit of riskSharpe ratio, 3 years: FDTS 1.20, betterSCHC 1.01
Worst fallMax drawdown, 5 years: FDTS −30.6%, betterSCHC −35.7%
Market sensitivityBeta, 5 years: FDTS 1.02SCHC 1.13; Market = 1

FDTS and SCHC in the news

All news⁠

Best ETFs
Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%
Updated Nov 2, 2026SCHC

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FDTS vs SCHC

In short

Stated mandate

Why people hold it

Worth knowing

How FDTS and SCHC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FDTS

Only in SCHC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%

How FDTS and SCHC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in FDTS

Only in SCHC

Weight gaps