BINV vs. FNDF

Last updated Apr 1, 2026

Compare and contrast key facts about Brandes International ETF (BINV) and Schwab Fundamental International Large Company Index ETF (FNDF).

BINV and FNDF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BINV is an actively managed fund by Brandes. It was launched on Oct 3, 2023. FNDF is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental Developed ex-U.S. Large Company Index. It was launched on Aug 15, 2013.

Performance

BINV vs. FNDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brandes International ETF (BINV) and Schwab Fundamental International Large Company Index ETF (FNDF). The values are adjusted to include any dividend payments, if applicable.

BINV vs. FNDF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BINV Brandes International ETF	2.70%	37.84%	7.71%	12.66%
FNDF Schwab Fundamental International Large Company Index ETF	8.23%	40.99%	2.29%	11.67%

Returns By Period

In the year-to-date period, BINV achieves a 2.70% return, which is significantly lower than FNDF's 8.23% return.

BINV

• 1D: 2.87%
• 1M: -7.36%
• YTD: 2.70%
• 6M: 7.98%
• 1Y: 27.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FNDF

• 1D: 2.95%
• 1M: -7.26%
• YTD: 8.23%
• 6M: 17.33%
• 1Y: 40.22%
• 3Y*: 20.38%
• 5Y*: 12.44%
• 10Y*: 11.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BINV vs. FNDF - Expense Ratio Comparison

BINV has a 0.70% expense ratio, which is higher than FNDF's 0.25% expense ratio.

BINV

Brandes International ETF

FNDF

Schwab Fundamental International Large Company Index ETF

Return for Risk

BINV vs. FNDF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BINV

BINV Risk / Return Rank: 84
BINV Sharpe Ratio Rank: 83
BINV Sortino Ratio Rank: 85
BINV Omega Ratio Rank: 84
BINV Calmar Ratio Rank: 82
BINV Martin Ratio Rank: 83

FNDF

FNDF Risk / Return Rank: 95
FNDF Sharpe Ratio Rank: 95
FNDF Sortino Ratio Rank: 95
FNDF Omega Ratio Rank: 95
FNDF Calmar Ratio Rank: 94
FNDF Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BINV vs. FNDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brandes International ETF (BINV) and Schwab Fundamental International Large Company Index ETF (FNDF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BINV	FNDF	Difference
Sharpe ratio Return per unit of total volatility	1.60	2.31	-0.71
Sortino ratio Return per unit of downside risk	2.27	3.02	-0.75
Omega ratio Gain probability vs. loss probability	1.33	1.46	-0.14
Calmar ratio Return relative to maximum drawdown	2.31	3.52	-1.21
Martin ratio Return relative to average drawdown	9.13	13.78	-4.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BINV vs. FNDF - Sharpe Ratio Comparison

The current BINV Sharpe Ratio is 1.60, which is lower than the FNDF Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of BINV and FNDF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BINV	FNDF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.31	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.78	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	0.49	+1.18

Correlation

The correlation between BINV and FNDF is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BINV vs. FNDF - Dividend Comparison

BINV's dividend yield for the trailing twelve months is around 2.13%, less than FNDF's 3.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BINV Brandes International ETF	2.13%	2.23%	2.40%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FNDF Schwab Fundamental International Large Company Index ETF	3.18%	3.44%	4.01%	3.41%	3.10%	3.54%	2.17%	3.20%	3.47%	2.32%	2.42%	2.08%

Drawdowns

BINV vs. FNDF - Drawdown Comparison

The maximum BINV drawdown since its inception was -14.91%, smaller than the maximum FNDF drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for BINV and FNDF.

Drawdown Indicators

	BINV	FNDF	Difference
Max Drawdown Largest peak-to-trough decline	-14.91%	-40.14%	+25.23%
Max Drawdown (1Y) Largest decline over 1 year	-11.50%	-11.08%	-0.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.14%	—
Current Drawdown Current decline from peak	-7.78%	-7.26%	-0.52%
Average Drawdown Average peak-to-trough decline	-2.28%	-7.72%	+5.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.83%	+0.08%

Volatility

BINV vs. FNDF - Volatility Comparison

The current volatility for Brandes International ETF (BINV) is 6.79%, while Schwab Fundamental International Large Company Index ETF (FNDF) has a volatility of 8.06%. This indicates that BINV experiences smaller price fluctuations and is considered to be less risky than FNDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BINV	FNDF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	8.06%	-1.27%
Volatility (6M) Calculated over the trailing 6-month period	10.06%	11.42%	-1.36%
Volatility (1Y) Calculated over the trailing 1-year period	17.40%	17.50%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.69%	16.05%	-1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.69%	17.64%	-2.95%