FNDC vs. AVUV

Last updated Jun 24, 2026

FNDC (Schwab Fundamental International Small Co. Index ETF) and AVUV (Avantis US Small Cap Value ETF) are both exchange-traded funds - FNDC is a Foreign Small & Mid Cap Equities fund tracking the Russell RAFI Small Company Developed x US, while AVUV is a Small Cap Value Equities fund actively managed by Avantis. FNDC is passively managed, while AVUV is actively managed. Over the past 5 years, FNDC returned 7.13%/yr vs 11.59%/yr for AVUV. A 0.71 correlation means they provide meaningful diversification when combined. FNDC charges 0.39%/yr vs 0.25%/yr for AVUV.

Performance

FNDC vs. AVUV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental International Small Co. Index ETF (FNDC) and Avantis US Small Cap Value ETF (AVUV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNDC achieves a 8.64% return, which is significantly lower than AVUV's 20.76% return.

FNDC

• 1D: -2.22%
• 1M: -2.87%
• YTD: 8.64%
• 6M: 8.23%
• 1Y: 22.78%
• 3Y*: 17.82%
• 5Y*: 7.13%
• 10Y*: 9.07%

AVUV

• 1D: 0.00%
• 1M: 2.33%
• YTD: 20.76%
• 6M: 18.72%
• 1Y: 38.38%
• 3Y*: 20.03%
• 5Y*: 11.59%
• 10Y*: —

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

FNDC vs. AVUV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FNDC Schwab Fundamental International Small Co. Index ETF	8.64%	35.65%	1.38%	14.92%	-14.71%	10.26%	6.58%	10.16%
AVUV Avantis US Small Cap Value ETF	20.76%	7.44%	9.28%	22.82%	-4.91%	42.20%	6.43%	8.54%

Correlation

The correlation between FNDC and AVUV is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Sep 26, 2019	0.71

The correlation between FNDC and AVUV shifts across timeframes, from 0.60 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

FNDC vs. AVUV - Sectors Allocation Comparison

Sectors	FNDC	AVUV
Industrials	25.3%	13.6%
Consumer Cyclical	12.9%	18.7%
Financial Services	11.4%	26.1%
Basic Materials	11.3%	5.1%
Technology	10.1%	7.4%
Real Estate	6.6%	0.7%
Consumer Defensive	6.1%	4.7%
Healthcare	4.8%	4.8%
Communication Services	4.7%	3.1%
Energy	4.1%	15.8%
Utilities	2.6%	0.1%

Return for Risk

FNDC vs. AVUV — Risk / Return Rank

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

FNDC

FNDC Risk / Return Rank: 45
FNDC Sharpe Ratio Rank: 46
FNDC Sortino Ratio Rank: 45
FNDC Omega Ratio Rank: 46
FNDC Calmar Ratio Rank: 42
FNDC Martin Ratio Rank: 47

AVUV

AVUV Risk / Return Rank: 75
AVUV Sharpe Ratio Rank: 70
AVUV Sortino Ratio Rank: 73
AVUV Omega Ratio Rank: 65
AVUV Calmar Ratio Rank: 87
AVUV Martin Ratio Rank: 77

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.

FNDC vs. AVUV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental International Small Co. Index ETF (FNDC) and Avantis US Small Cap Value ETF (AVUV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FNDC	AVUV	Difference
Sharpe ratio: Return per unit of total volatility	1.53	2.19	-0.66
Sortino ratio: Return per unit of downside risk	2.18	3.13	-0.95
Omega ratio: Gain probability vs. loss probability	1.28	1.38	-0.10
Calmar ratio: Return relative to maximum drawdown	2.04	4.85	-2.81
Martin ratio: Return relative to average drawdown	7.47	14.37	-6.90

FNDC vs. AVUV - Sharpe Ratio Comparison

The current FNDC Sharpe Ratio is 1.53, which is comparable to the AVUV Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of FNDC and AVUV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FNDC vs. AVUV - Drawdown Comparison

The maximum FNDC drawdown since its inception was -43.22%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for FNDC and AVUV.

Drawdown Indicators

	FNDC	AVUV	Difference
Max Drawdown Largest peak-to-trough decline	-43.22%	-49.42%	+6.20%
Max Drawdown (1Y) Largest decline over 1 year	-11.20%	-7.95%	-3.25%
Max Drawdown (3Y) Largest decline over 3 years	-12.98%	-28.79%	+15.81%
Max Drawdown (5Y) Largest decline over 5 years	-32.13%	-28.79%	-3.34%
Max Drawdown (10Y) Largest decline over 10 years	-43.22%	—	—
Current Drawdown Current decline from peak	-4.48%	-1.61%	-2.87%
Average Drawdown Average peak-to-trough decline	-8.42%	-7.89%	-0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.06%	2.68%	+0.38%

Volatility

FNDC vs. AVUV - Volatility Comparison

Schwab Fundamental International Small Co. Index ETF (FNDC) has a higher volatility of 5.54% compared to Avantis US Small Cap Value ETF (AVUV) at 4.28%. This indicates that FNDC's price experiences larger fluctuations and is considered to be riskier than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDC	AVUV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	4.28%	+1.26%
Volatility (6M) Calculated over the trailing 6-month period	12.73%	11.39%	+1.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.96%	17.63%	-2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.09%	22.65%	-6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.69%	28.22%	-11.53%

FNDC vs. AVUV - Expense Ratio Comparison

FNDC has a 0.39% expense ratio, which is higher than AVUV's 0.25% expense ratio.

Dividends

FNDC vs. AVUV - Dividend Comparison

FNDC's dividend yield for the trailing twelve months is around 3.55%, more than AVUV's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVUV Avantis US Small Cap Value ETF	1.63%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%	0.00%	0.00%	0.00%	0.00%
FNDC Schwab Fundamental International Small Co. Index ETF	3.55%	3.86%	3.59%	2.86%	1.98%	2.58%	1.77%	2.71%	2.68%	1.94%	1.95%	1.30%

Frequently Asked Questions

Can I hold both FNDC and AVUV in my portfolio?

FNDC and AVUV have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FNDC or AVUV?

FNDC has higher volatility (5.54%) compared to AVUV (4.28%). In terms of maximum drawdown, FNDC dropped -43.22% vs AVUV's -49.42%.

Which ETF is better, FNDC or AVUV?

On 5-year performance, AVUV leads with 11.59% vs 7.13% for FNDC. On fees, AVUV is cheaper at 0.25% per year. On volatility, AVUV has been the lower-risk option at 4.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNDC or AVUV?

Over the 5-year period, AVUV has performed better with a 11.59% return vs 7.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNDC or AVUV?

AVUV is cheaper with a 0.25% expense ratio, compared with 0.39% for FNDC.

Which ETF pays a higher dividend yield, FNDC or AVUV?

FNDC has the higher dividend yield at 3.55%, compared with 1.63% for AVUV.

What is the main difference between FNDC and AVUV?

FNDC is categorized as Foreign Small & Mid Cap Equities, while AVUV is Small Cap Value Equities. They also come from different issuers: Charles Schwab and Avantis. Their fees differ too: 0.39% for FNDC and 0.25% for AVUV.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.19 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.