FNDF vs. AGNC

Last updated Jun 9, 2026

FNDF (Schwab Fundamental International Equity ETF) is Foreign Large Cap Equities fund tracking the RAFI Fundamental High Liquidity Developed ex US Large Index (Net), while AGNC (AGNC Investment Corp.) is a stock. Over the past 10 years, FNDF returned 11.78%/yr vs 6.25%/yr for AGNC. At a 0.42 correlation, their price movements are largely independent.

Performance

FNDF vs. AGNC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental International Equity ETF (FNDF) and AGNC Investment Corp. (AGNC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNDF achieves a 17.34% return, which is significantly higher than AGNC's -0.32% return. Over the past 10 years, FNDF has outperformed AGNC with an annualized return of 11.78%, while AGNC has yielded a comparatively lower 6.25% annualized return.

FNDF

• 1D: 0.86%
• 1M: -0.45%
• YTD: 17.34%
• 6M: 20.48%
• 1Y: 39.17%
• 3Y*: 22.42%
• 5Y*: 12.75%
• 10Y*: 11.78%

AGNC

• 1D: -0.59%
• 1M: -5.84%
• YTD: -0.32%
• 6M: 3.01%
• 1Y: 27.55%
• 3Y*: 17.15%
• 5Y*: 1.42%
• 10Y*: 6.25%

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

FNDF vs. AGNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNDF Schwab Fundamental International Equity ETF	17.34%	40.99%	2.29%	20.22%	-7.78%	14.97%	3.61%	18.46%	-14.21%	23.98%
AGNC AGNC Investment Corp.	-0.32%	34.92%	8.90%	10.14%	-21.65%	5.20%	-1.78%	13.31%	-2.46%	23.73%

Correlation

The correlation between FNDF and AGNC is 0.50, 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	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Aug 16, 2013	0.42

The correlation between FNDF and AGNC shifts across timeframes, from 0.42 (all time) to 0.56 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FNDF vs. AGNC — Risk / Return Rank

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

FNDF

FNDF Risk / Return Rank: 82
FNDF Sharpe Ratio Rank: 86
FNDF Sortino Ratio Rank: 81
FNDF Omega Ratio Rank: 83
FNDF Calmar Ratio Rank: 79
FNDF Martin Ratio Rank: 80

AGNC

AGNC Risk / Return Rank: 75
AGNC Sharpe Ratio Rank: 81
AGNC Sortino Ratio Rank: 77
AGNC Omega Ratio Rank: 74
AGNC Calmar Ratio Rank: 69
AGNC Martin Ratio Rank: 74

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.

FNDF vs. AGNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental International Equity ETF (FNDF) and AGNC Investment Corp. (AGNC). 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.

	FNDF	AGNC	Difference
Sharpe ratio: Return per unit of total volatility	2.53	1.43	+1.10
Sortino ratio: Return per unit of downside risk	3.26	2.02	+1.24
Omega ratio: Gain probability vs. loss probability	1.45	1.25	+0.21
Calmar ratio: Return relative to maximum drawdown	3.71	1.48	+2.24
Martin ratio: Return relative to average drawdown	14.05	4.39	+9.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNDF vs. AGNC - Sharpe Ratio Comparison

The current FNDF Sharpe Ratio is 2.53, which is higher than the AGNC Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of FNDF and AGNC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FNDF	AGNC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	1.43	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.06	+0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.25	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.42	+0.10

Drawdowns

FNDF vs. AGNC - Drawdown Comparison

The maximum FNDF drawdown since its inception was -40.14%, smaller than the maximum AGNC drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for FNDF and AGNC.

Drawdown Indicators

	FNDF	AGNC	Difference
Max Drawdown Largest peak-to-trough decline	-40.14%	-54.56%	+14.42%
Max Drawdown (1Y) Largest decline over 1 year	-10.60%	-18.71%	+8.11%
Max Drawdown (3Y) Largest decline over 3 years	-13.89%	-31.04%	+17.15%
Max Drawdown (5Y) Largest decline over 5 years	-25.56%	-54.36%	+28.80%
Max Drawdown (10Y) Largest decline over 10 years	-40.14%	-54.56%	+14.42%
Current Drawdown Current decline from peak	-3.84%	-12.19%	+8.35%
Average Drawdown Average peak-to-trough decline	-7.64%	-13.56%	+5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	6.30%	-3.50%

Volatility

FNDF vs. AGNC - Volatility Comparison

Schwab Fundamental International Equity ETF (FNDF) has a higher volatility of 5.97% compared to AGNC Investment Corp. (AGNC) at 4.92%. This indicates that FNDF's price experiences larger fluctuations and is considered to be riskier than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDF	AGNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.97%	4.92%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	13.19%	15.96%	-2.77%
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	19.38%	-3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.28%	25.82%	-9.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.71%	25.39%	-7.68%

Dividends

FNDF vs. AGNC - Dividend Comparison

FNDF's dividend yield for the trailing twelve months is around 2.93%, less than AGNC's 14.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGNC AGNC Investment Corp.	14.24%	13.43%	15.64%	14.68%	13.91%	9.57%	10.00%	11.31%	12.31%	10.70%	12.69%	14.30%
FNDF Schwab Fundamental International Equity ETF	2.93%	3.44%	4.01%	3.41%	3.10%	3.54%	2.17%	3.20%	3.47%	2.32%	2.42%	2.08%

Frequently Asked Questions

Can I hold both FNDF and AGNC in my portfolio?

FNDF and AGNC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FNDF or AGNC?

FNDF has higher volatility (5.97%) compared to AGNC (4.92%). In terms of maximum drawdown, FNDF dropped -40.14% vs AGNC's -54.56%.

Which has better risk-adjusted returns?

FNDF currently has the higher Sharpe Ratio (2.53 vs 1.43), 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.