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FNDC vs. ESIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FNDC vs. ESIX

Last updated Jun 24, 2026

FNDC (Schwab Fundamental International Small Co. Index ETF) and ESIX (SPDR S&P SmallCap 600 ESG 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 ESIX is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 ESG Index. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. FNDC charges 0.39%/yr vs 0.12%/yr for ESIX.

Performance

FNDC vs. ESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental International Small Co. Index ETF (FNDC) and SPDR S&P SmallCap 600 ESG ETF (ESIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

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%

ESIX

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FNDC vs. ESIX - Yearly Performance Comparison

2026 (YTD)2025202420232022
FNDC
Schwab Fundamental International Small Co. Index ETF		8.64%35.65%1.38%14.92%-14.07%
ESIX
SPDR S&P SmallCap 600 ESG ETF		10.83%1.83%9.66%17.51%-13.44%

Correlation

The correlation between FNDC and ESIX 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 (All Time)
Calculated using the full available price history since Jan 11, 2022

0.70

The correlation between FNDC and ESIX shifts across timeframes, from 0.60 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

FNDC vs. ESIX - Sectors Allocation Comparison

Sectors
FNDC
ESIX

Industrials

25.3%
17.2%

Consumer Cyclical

12.9%
12.4%

Financial Services

11.4%
17.0%

Basic Materials

11.3%
4.4%

Technology

10.1%
16.6%

Real Estate

6.6%
6.9%

Consumer Defensive

6.1%
3.0%

Healthcare

4.8%
10.8%

Communication Services

4.7%
2.9%

Energy

4.1%
6.7%

Utilities

2.6%
2.0%

Industrials

FNDC
25.3%
ESIX
17.2%

Consumer Cyclical

FNDC
12.9%
ESIX
12.4%

Financial Services

FNDC
11.4%
ESIX
17.0%

Basic Materials

FNDC
11.3%
ESIX
4.4%

Technology

FNDC
10.1%
ESIX
16.6%

Real Estate

FNDC
6.6%
ESIX
6.9%

Consumer Defensive

FNDC
6.1%
ESIX
3.0%

Healthcare

FNDC
4.8%
ESIX
10.8%

Communication Services

FNDC
4.7%
ESIX
2.9%

Energy

FNDC
4.1%
ESIX
6.7%

Utilities

FNDC
2.6%
ESIX
2.0%

Compare stocks, funds, or ETFs

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Schwab Fundamental International Small Co. Index ETF

SPDR S&P SmallCap 600 ESG ETF

Often compared with FNDC:
FNDC vs. AVDVFNDC vs. SCHCFNDC vs. VSSFNDC vs. FNDAFNDC vs. DFISXFNDC vs. AVDSFNDC vs. DLS
Often compared with ESIX:
ESIX vs. XJRESIX vs. VBRESIX vs. IWMESIX vs. FYXESIX vs. FDMESIX vs. VAMOESIX vs. DGRS

Return for Risk

FNDC vs. ESIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FNDC
FNDC Risk / Return Rank: 4545
Overall Rank
FNDC Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
FNDC Sortino Ratio Rank: 4545
Sortino Ratio Rank
FNDC Omega Ratio Rank: 4646
Omega Ratio Rank
FNDC Calmar Ratio Rank: 4242
Calmar Ratio Rank
FNDC Martin Ratio Rank: 4747
Martin Ratio Rank
ESIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. ESIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental International Small Co. Index ETF (FNDC) and SPDR S&P SmallCap 600 ESG ETF (ESIX). 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.

FNDCESIXDifference
Sharpe ratioReturn per unit of total volatility
1.53

—

—

Sortino ratioReturn per unit of downside risk
2.18

—

—

Omega ratioGain probability vs. loss probability

1.28

—

—

Calmar ratioReturn relative to maximum drawdown

2.04

—

—

Martin ratioReturn relative to average drawdown

7.47

—

—

FNDC vs. ESIX - Sharpe Ratio Comparison

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Drawdowns

FNDC vs. ESIX - Drawdown Comparison

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Drawdown Indicators

FNDCESIXDifference

Max Drawdown

Largest peak-to-trough decline

-43.22%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-11.20%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-12.98%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-32.13%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-43.22%

—

—

Current Drawdown

Current decline from peak

-4.48%

—

—

Average Drawdown

Average peak-to-trough decline

-8.42%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

—

—

Volatility

FNDC vs. ESIX - Volatility Comparison

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Volatility by Period

FNDCESIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.54%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

12.73%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

14.96%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.09%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.69%

—

—

FNDC vs. ESIX - Expense Ratio Comparison

FNDC has a 0.39% expense ratio, which is higher than ESIX's 0.12% expense ratio.

Dividends

FNDC vs. ESIX - Dividend Comparison

FNDC's dividend yield for the trailing twelve months is around 3.55%, more than ESIX's 1.05% yield.

PositionTTM20252024202320222021202020192018201720162015
ESIX
SPDR S&P SmallCap 600 ESG ETF		1.05%1.64%1.65%1.69%1.54%0.00%0.00%0.00%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

FNDC and ESIX 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.

On fees, ESIX is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ESIX is cheaper with a 0.12% expense ratio, compared with 0.39% for FNDC.

FNDC has the higher dividend yield at 3.55%, compared with 1.05% for ESIX.

FNDC is categorized as Foreign Small & Mid Cap Equities, while ESIX is Small Cap Blend Equities. FNDC tracks Russell RAFI Small Company Developed x US, while ESIX tracks S&P SmallCap 600 ESG Index. They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.39% for FNDC and 0.12% for ESIX.

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