FNDC vs. SCHC

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab Fundamental International Small Co. Index ETF (FNDC) and Schwab International Small-Cap Equity ETF (SCHC).

FNDC and SCHC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNDC is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI Small Company Developed x US. It was launched on Aug 15, 2013. SCHC is a passively managed fund by Charles Schwab that tracks the performance of the FTSE Custom Developed Small Cap ex-US Liquid Net of Tax (Lux). It was launched on Jan 14, 2010. Both FNDC and SCHC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

FNDC vs. SCHC - Performance Comparison

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

FNDC vs. SCHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNDC Schwab Fundamental International Small Co. Index ETF	4.06%	35.65%	1.38%	14.92%	-14.71%	10.26%	6.58%	20.58%	-19.10%	29.22%
SCHC Schwab International Small-Cap Equity ETF	2.66%	37.59%	1.97%	14.36%	-21.74%	12.02%	10.48%	23.10%	-18.60%	29.42%

Returns By Period

In the year-to-date period, FNDC achieves a 4.06% return, which is significantly higher than SCHC's 2.66% return. Over the past 10 years, FNDC has outperformed SCHC with an annualized return of 8.54%, while SCHC has yielded a comparatively lower 7.87% annualized return.

FNDC

• 1D: 3.18%
• 1M: -8.25%
• YTD: 4.06%
• 6M: 7.77%
• 1Y: 33.13%
• 3Y*: 15.78%
• 5Y*: 7.24%
• 10Y*: 8.54%

SCHC

• 1D: 3.43%
• 1M: -9.31%
• YTD: 2.66%
• 6M: 6.31%
• 1Y: 35.15%
• 3Y*: 15.42%
• 5Y*: 6.24%
• 10Y*: 7.87%

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

FNDC vs. SCHC - Expense Ratio Comparison

FNDC has a 0.39% expense ratio, which is higher than SCHC's 0.11% expense ratio.

FNDC

Schwab Fundamental International Small Co. Index ETF

SCHC

Schwab International Small-Cap Equity ETF

Return for Risk

FNDC vs. SCHC — Risk / Return Rank

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

FNDC

FNDC Risk / Return Rank: 92
FNDC Sharpe Ratio Rank: 92
FNDC Sortino Ratio Rank: 94
FNDC Omega Ratio Rank: 94
FNDC Calmar Ratio Rank: 89
FNDC Martin Ratio Rank: 90

SCHC

SCHC Risk / Return Rank: 91
SCHC Sharpe Ratio Rank: 92
SCHC Sortino Ratio Rank: 93
SCHC Omega Ratio Rank: 93
SCHC Calmar Ratio Rank: 88
SCHC Martin Ratio Rank: 90

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. SCHC - Risk-Adjusted Trends Comparison

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

	FNDC	SCHC	Difference
Sharpe ratio Return per unit of total volatility	2.10	2.04	+0.07
Sortino ratio Return per unit of downside risk	2.88	2.70	+0.18
Omega ratio Gain probability vs. loss probability	1.42	1.41	+0.01
Calmar ratio Return relative to maximum drawdown	2.83	2.73	+0.10
Martin ratio Return relative to average drawdown	11.02	11.06	-0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNDC vs. SCHC - Sharpe Ratio Comparison

The current FNDC Sharpe Ratio is 2.10, which is comparable to the SCHC Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FNDC and SCHC, 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

	FNDC	SCHC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.04	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.36	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.44	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.38	+0.09

Correlation

The correlation between FNDC and SCHC is 0.95, 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

FNDC vs. SCHC - Dividend Comparison

FNDC's dividend yield for the trailing twelve months is around 3.71%, more than SCHC's 3.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FNDC Schwab Fundamental International Small Co. Index ETF	3.71%	3.86%	3.59%	2.86%	1.98%	2.58%	1.77%	2.71%	2.68%	1.94%	1.95%	1.30%
SCHC Schwab International Small-Cap Equity ETF	3.57%	3.66%	3.72%	2.94%	1.78%	3.02%	1.62%	3.23%	2.51%	2.73%	2.01%	2.34%

Drawdowns

FNDC vs. SCHC - Drawdown Comparison

The maximum FNDC drawdown since its inception was -43.22%, roughly equal to the maximum SCHC drawdown of -43.94%. Use the drawdown chart below to compare losses from any high point for FNDC and SCHC.

Drawdown Indicators

	FNDC	SCHC	Difference
Max Drawdown Largest peak-to-trough decline	-43.22%	-43.94%	+0.72%
Max Drawdown (1Y) Largest decline over 1 year	-11.20%	-12.48%	+1.28%
Max Drawdown (5Y) Largest decline over 5 years	-32.13%	-36.48%	+4.35%
Max Drawdown (10Y) Largest decline over 10 years	-43.22%	-43.94%	+0.72%
Current Drawdown Current decline from peak	-8.25%	-9.31%	+1.06%
Average Drawdown Average peak-to-trough decline	-8.53%	-10.13%	+1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	3.08%	-0.20%

Volatility

FNDC vs. SCHC - Volatility Comparison

The current volatility for Schwab Fundamental International Small Co. Index ETF (FNDC) is 7.07%, while Schwab International Small-Cap Equity ETF (SCHC) has a volatility of 8.03%. This indicates that FNDC experiences smaller price fluctuations and is considered to be less risky than SCHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDC	SCHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.07%	8.03%	-0.96%
Volatility (6M) Calculated over the trailing 6-month period	10.30%	11.74%	-1.44%
Volatility (1Y) Calculated over the trailing 1-year period	15.87%	17.37%	-1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.82%	17.34%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.72%	17.88%	-1.16%