SFNNX vs. FMIYX

Last updated Apr 2, 2026

Compare and contrast key facts about Schwab Fundamental International Large Company Index Fund (SFNNX) and FMI International Fund Class I (FMIYX).

SFNNX is managed by Charles Schwab. It was launched on Apr 1, 2007. FMIYX is a passively managed fund by FMI Funds that tracks the performance of the MSCI EAFE Net (USD). It was launched on Dec 31, 2010.

Performance

SFNNX vs. FMIYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental International Large Company Index Fund (SFNNX) and FMI International Fund Class I (FMIYX). The values are adjusted to include any dividend payments, if applicable.

SFNNX vs. FMIYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SFNNX Schwab Fundamental International Large Company Index Fund	7.49%	41.06%	2.27%	19.88%	-7.95%	14.38%	4.35%	18.09%	-13.96%	23.95%
FMIYX FMI International Fund Class I	-4.02%	8.73%	7.17%	21.96%	-9.78%	13.95%	0.19%	17.27%	-9.40%	15.59%

Returns By Period

In the year-to-date period, SFNNX achieves a 7.49% return, which is significantly higher than FMIYX's -4.02% return.

SFNNX

• 1D: 2.54%
• 1M: -6.45%
• YTD: 7.49%
• 6M: 15.84%
• 1Y: 39.13%
• 3Y*: 20.02%
• 5Y*: 12.23%
• 10Y*: 10.98%

FMIYX

• 1D: 1.79%
• 1M: -8.31%
• YTD: -4.02%
• 6M: -3.31%
• 1Y: 5.60%
• 3Y*: 7.33%
• 5Y*: 5.29%
• 10Y*: —

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

SFNNX vs. FMIYX - Expense Ratio Comparison

SFNNX has a 0.25% expense ratio, which is lower than FMIYX's 0.80% expense ratio.

FMIYX

FMI International Fund Class I

SFNNX

Schwab Fundamental International Large Company Index Fund

Return for Risk

SFNNX vs. FMIYX — Risk / Return Rank

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

SFNNX

SFNNX Risk / Return Rank: 95
SFNNX Sharpe Ratio Rank: 96
SFNNX Sortino Ratio Rank: 94
SFNNX Omega Ratio Rank: 93
SFNNX Calmar Ratio Rank: 96
SFNNX Martin Ratio Rank: 95

FMIYX

FMIYX Risk / Return Rank: 9
FMIYX Sharpe Ratio Rank: 9
FMIYX Sortino Ratio Rank: 10
FMIYX Omega Ratio Rank: 9
FMIYX Calmar Ratio Rank: 9
FMIYX Martin Ratio Rank: 10

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.

SFNNX vs. FMIYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental International Large Company Index Fund (SFNNX) and FMI International Fund Class I (FMIYX). 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.

	SFNNX	FMIYX	Difference
Sharpe ratio Return per unit of total volatility	2.40	0.32	+2.08
Sortino ratio Return per unit of downside risk	3.03	0.59	+2.44
Omega ratio Gain probability vs. loss probability	1.47	1.08	+0.39
Calmar ratio Return relative to maximum drawdown	3.47	0.34	+3.12
Martin ratio Return relative to average drawdown	13.20	1.32	+11.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SFNNX vs. FMIYX - Sharpe Ratio Comparison

The current SFNNX Sharpe Ratio is 2.40, which is higher than the FMIYX Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of SFNNX and FMIYX, 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

	SFNNX	FMIYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	0.32	+2.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.40	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.43	-0.18

Correlation

The correlation between SFNNX and FMIYX is 0.80, 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

SFNNX vs. FMIYX - Dividend Comparison

SFNNX's dividend yield for the trailing twelve months is around 4.76%, less than FMIYX's 13.74% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SFNNX Schwab Fundamental International Large Company Index Fund	4.76%	5.11%	3.61%	3.26%	2.92%	3.81%	2.42%	3.69%	3.51%	2.70%	3.21%	2.92%
FMIYX FMI International Fund Class I	13.74%	13.19%	0.00%	0.00%	15.31%	3.57%	0.00%	3.66%	7.65%	1.65%	3.78%	0.00%

Drawdowns

SFNNX vs. FMIYX - Drawdown Comparison

The maximum SFNNX drawdown since its inception was -59.60%, which is greater than FMIYX's maximum drawdown of -37.43%. Use the drawdown chart below to compare losses from any high point for SFNNX and FMIYX.

Drawdown Indicators

	SFNNX	FMIYX	Difference
Max Drawdown Largest peak-to-trough decline	-59.60%	-37.43%	-22.17%
Max Drawdown (1Y) Largest decline over 1 year	-10.96%	-13.48%	+2.52%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-21.69%	-3.97%
Max Drawdown (10Y) Largest decline over 10 years	-40.23%	—	—
Current Drawdown Current decline from peak	-7.73%	-10.01%	+2.28%
Average Drawdown Average peak-to-trough decline	-12.06%	-4.72%	-7.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	3.50%	-0.62%

Volatility

SFNNX vs. FMIYX - Volatility Comparison

Schwab Fundamental International Large Company Index Fund (SFNNX) has a higher volatility of 7.48% compared to FMI International Fund Class I (FMIYX) at 6.14%. This indicates that SFNNX's price experiences larger fluctuations and is considered to be riskier than FMIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFNNX	FMIYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.48%	6.14%	+1.34%
Volatility (6M) Calculated over the trailing 6-month period	10.99%	10.42%	+0.57%
Volatility (1Y) Calculated over the trailing 1-year period	16.49%	17.15%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.46%	13.40%	+2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	14.91%	+2.37%