FNDC
Schwab Fundamental International Small Co. Index ETF
Schwab Fundamental International Small Cap Company Index ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Developed ex-U.S. Small Company Index.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
39 bp
EXPENSES
$3.4 B
ASSETS UNDER MGMT
Fund Basics
| Fund sponsor | Charles Schwab Investment Mana |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 15, 2013 |
| Assets (mns) | $3,379 |
| Expense ratio | 39 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| FILTRONA PLC | 4.7 % |
| HOKKAIDO ELECTRIC POWER CO | 0.3 % |
| NOVOZYMES A/S-B SHARES | 0.3 % |
| ROLLS-ROYCE GROUP PLC | 0.3 % |
| AAC TECHNOLOGIES HOLDINGS INC. | 0.2 % |
| AMOREPACIFIC CORP | 0.2 % |
| HYUNDAI HEAVY INDUSTRIES | 0.2 % |
| KEPPEL CORP LTD | 0.2 % |
| DAINIPPON SCREEN MFG CO LTD | 0.2 % |
| CONCORDIA FINANCIAL GROUP, LTD. | 0.2 % |
Constituent Breakdown
| Number of holdings | 1794 |
| Herfindahl-Hirschman Index | 30 |
| Wgt avg mkt cap (mns) | $5,989 |
| Large cap (>$10bn) | 10.6% |
| Mid cap ($2-10bn) | 43.6% |
| Small cap (<$2bn) | 45.7% |
| Developed mkts. | 90.4% |
| Emerging mkts. | 9.6% |
Country Exposure
 |
JAPAN | 34.1 % |
 |
BRITAIN | 13.2 % |
 |
SOUTH KOREA | 7.4 % |
 |
CANADA | 5.8 % |
 |
AUSTRALIA | 4.6 % |
 |
SWEDEN | 3.7 % |
 |
FRANCE | 3.4 % |
 |
GERMANY | 2.6 % |
 |
SWITZERLAND | 2.5 % |
 |
ITALY | 2.2 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -2.6% | 4.5% | 8.0% | -2.5% | 4.0% | 3.7% | 5.3% | Volatility | 12.8% | 13.5% | 16.6% | 16.4% | 19.5% | 16.6% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.81 | 67% |
| MSCI EAFE | 1.01 | 97% |
| MSCI Emg Mkts | 0.85 | 70% |
Liquidity Measures
| Avg. volume (000) | 139 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.12% |
| ADV of underlying (mns) | $13,733 |
Technical Indicators
| Recent close | $35.30 |
| 30d moving avg. | $35.36 |
| Annualized volatility | 17.9% |
| Relative strength (RSI) | 53 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FNDC |
Expenses vs. FNDC |
ALTAR Score™ vs. FNDC |
|---|---|---|---|---|
| PDN | Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF | 56.0% | +10 bp | -0.6% |
| SCZ | iShares MSCI EAFE Small-Cap ETF | 40.9% | +1 bp | -0.8% |
| DFIS | Dimensional International Small Cap ETF | 36.8% | 0 bp | -0.6% |
| SCHC | Schwab International Small-Cap Equity ETF | 35.2% | -28 bp | -0.8% |
| GWX | SPDR S&P International Small Cap ETF | 31.2% | +1 bp | -0.8% |
| VSS | Vanguard FTSE All-World ex-US Small-Cap ETF | 28.6% | -32 bp | -0.6% |
| DISV | Dimensional International Small Cap Value ETF | 27.7% | +3 bp | +1.8% |
| DLS | WisdomTree International SmallCap Dividend Fund | 27.5% | +19 bp | +1.5% |
| SCJ | iShares MSCI Japan Small-Cap ETF | 27.0% | +11 bp | -0.6% |
| IEUS | iShares MSCI Europe Small-Cap ETF | 25.7% | +3 bp | -1.1% |
Risk and Returns: FNDC vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/25/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FNDC
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
FNDC
7.0%
Cat. Avg
7.2%
Fund Category: International
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 7.0% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 258 funds in the International category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.4%. FNDC's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places FNDC in the 47th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
FNDC
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| FNDC (39 bp) Percentile rank | 44 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FNDC | 39.0 | 11.5 | 50.5 |
| Peer Avg. | 33.7 | 17.7 | 51.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .