FNDC

Schwab Fundamental International Small Company Index ETF
*Unless otherwise stated, data provided by FactSet.

FNDC Fund Description

FNDC tracks a fundamentally selected and weighted Russell index of small firms in developed ex-US markets based on adjusted sales, retained operational cash flow, and dividends/buybacks.

FNDC Factset Analytics Insight

FNDC charges a high but reasonable fee for a non-cap-weighted exposure to the developed ex-US small-cap space. Starting from the Russell Developed ex-U.S. Index, FNDC selects the bottom 12.5% and weights them by 5-year averages of cash flow, adjusted sales, and dividends plus buybacks. The resulting portfolio looks broadly marketlike, but with a lot of mild sector biases and a slight midcap tilt. It's also worth noting that Japan is weighted heavily in this fund, while the allocation to the UK is on the light side. Retail traders will find decent volume and mild spreads here, and underlying liquidity is excellent. The fly in the ointment for larger investors is the fund's high creation fee. FNDC is more expensive than vanilla cap-weighted peers in the small-cap, developed ex-US space, but it's cheaper than its 'factor weighted' peers, and tracking is generally pretty tight, so realized costs should be in line with the price tag. FNDC's underlying index changed its name from Russell Fundamental Developed ex-U.S. Small Company Index to Russell RAFI Developed ex-U.S. Small Company Index on 12/1/2016. There are no changes in index methodology and the resulting exposure.

FNDC MSCI ESG Analytics Insight

Schwab Fundamental International Small Company Index ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.34 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Schwab Fundamental International Small Company Index ETF ranks in the 47th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FNDC MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

FNDC Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 11/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FNDC 3.84% 10.82% 15.87% 8.42% 7.64% 6.49% --
FNDC (NAV) 4.01% 10.74% 15.48% 7.94% 7.82% 6.71% --
MSCI World ex USA Small Cap 3.47% 10.10% 19.39% 11.86% 9.87% 7.06% 7.55%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FNDC Summary Data

Schwab
08/15/13
Open-Ended Fund
0.39%
$2.07B
$4.75M
0.10%

FNDC Portfolio Data

$3.28B
29.86
1.13
2.81%
12/12/19
1653

FNDC Index Data

Russell RAFI Developed ex-U.S. Small Company Index
Fundamental
Fundamental
MSCI World ex USA Small Cap

FNDC Portfolio Management

0.39%
-0.09%
-0.01%
-0.27%

FNDC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FNDC Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FNDC Factset Analytics Block Liquidity

As of 11/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FNDC. FNDC is rated a 5 out of 5.

FNDC Tradability

150,361
$4.75M
150,556
$4.77M
0.10%
$0.03
0.13%
1.54% / -2.28%
None
20.00%
100,000
1.51
0.31%
0.09%
0
$32.69
5

FNDC Sector/Industry Breakdown


FNDC
Segment Benchmark
24.59%
20.24%
19.18%
14.27%
16.44%
24.40%
10.67%
9.84%
9.12%
6.88%
8.04%
9.84%
4.26%
3.99%
4.09%
6.47%
2.25%
2.70%
1.34%
1.36%

FNDC Top 10 Holdings[View All]

0.20%
0.20%
0.18%
0.18%
0.17%
0.17%
0.16%
0.16%
0.16%
0.16%
1.74%

FNDC Countries


FNDC
Segment Benchmark
35.28%
29.04%
10.68%
15.94%
8.19%
8.73%
5.39%
6.98%
5.36%
--
4.21%
3.03%
3.90%
5.29%
3.76%
1.65%
3.43%
4.28%
3.12%
5.09%

FNDC Regions


FNDC
Segment Benchmark
52.33%
40.27%
38.29%
48.90%
8.25%
9.40%
1.13%
1.42%

FNDC Economic Development


FNDC
Segment Benchmark
98.97%
100.00%
1.03%
--

FNDC Performance Statistics

0.95
0.99
1.01
1.00
0.14%
MSCI World ex USA Small Cap

FNDC MSCI ESG Ratings

BBB
5.34 / 10
38.79
46.90
4.19%
6.78%
170.13

FNDC Benchmark Comparison Holdings

1653
2541
1,177
45.50%

FNDC Benchmark Comparison Summary


FNDC
Segment Benchmark
1653
2541
$3.28B
$2.62B
29.86
21.85
1.13
1.43
3.04%
2.77%
Low
Low

FNDC Benchmark Comparison Market Cap Size


FNDC
Segment Benchmark
2.01%
0.01%
37.63%
37.80%
50.62%
54.19%
9.75%
7.98%