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Schwab Fundamental International Small Company Index ETF

FNDC
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 15 2013
Expense Ratio
0.39%
Type
Global Ex. US Equities
Fund Owner
Schwab
Volume (1m avg. daily)
$5,541,393
AUM
$2,943,952,063
Associated Index
Russell RAFI Developed ex-U.S. Small Company Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

138040
Meritz Financial Group Inc
0.26%
CLS
Celestica, Inc.
0.22%
RR.
Rolls-Royce Holdings Plc
0.21%
3132
Macnica Holdings Inc.
0.20%
6146
Disco Corporation
0.20%
VTY
Vistry Group Plc
0.17%
9007
Odakyu Electric Railway Co. Ltd.
0.17%
9505
Hokuriku Electric Power Co.
0.17%
001740
SK Networks Co. Ltd.
0.17%
5105
Toyo Tire Corp
0.17%
Invest with FNDC

What is FNDC?

The funds goal is to track as closely as possible, before fees and expenses, the total return of the Russell RAFI Developed ex US Small Company Index. The Fund can serve as part of the core or complement to market-cap indexing and active management in a diversified portfolio.

ETFs related toFNDC

ETFs correlated to FNDC include DFIS, GWX, SCZ

FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
DLS
WisdomTree Trust - WisdomTree International SmallCap Dividend Fund
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFNDC

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FNDC using Composer

FAQ

FNDC is a Global Ex. US Equities ETF. The funds goal is to track as closely as possible, before fees and expenses, the total return of the Russell RAFI Developed ex US Small Company Index. The Fund can serve as part of the core or complement to market-cap indexing and active management in a diversified portfolio.

FNDC tracks the Russell RAFI Developed ex-U.S. Small Company Index.

No, FNDC is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FNDC is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FNDC is -0.0031%. This is the percent change in the value of FNDC over the most recent 1-month period. The 3-month return on FNDC is -0.0009%. This is the percent change in the value of FNDC over the most recent 3-month period.

The standard deviation of FNDC for the past year is 0.1712%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FNDC include PBW, IGF, and ARKK.

ETFs correlated to FNDC include DFIS, GWX, and SCZ.

ETFs that are inversely correlated to FNDC include EFZ, EPV, and HIBS.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.