Schwab Fundamental International Small Company Index ETF
FNDC
New York Stock Exchange Arca- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 3000 Schwab Way Westlake TX United States of America 76262
- IPO Date
- Aug 15, 2013
- CIK
- 0001454889
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab Fundamental International Small Company Index ETF (FNDC) is a passively managed exchange-traded fund that seeks to track the total return, before fees and expenses, of the RAFI Fundamental High Liquidity Developed ex US Small Index (Net), which measures the performance of small companies in developed markets outside the United States based on fundamental metrics such as sales, cash flow, dividends, and book value. The ETF invests at least 90% of its net assets in stocks included in the index, providing exposure to approximately 1,700 holdings across sectors including industrials (24%), consumer discretionary (13%), financials (12%), and materials (11%); top holdings as of late 2025 include Celestica Inc., Tower Semiconductor Ltd., Ibiden Ltd., Helvetia Holding Ltd., and Airtel Africa PLC. It offers investors a low-cost vehicle with an expense ratio of 0.39%, semi-annual distributions yielding around 2.57%, and a focus on value and yield factors through systematic rebalancing, serving as a core or complementary holding in diversified portfolios targeting foreign small- and mid-cap value equities. Launched on August 15, 2013, and headquartered in Westlake, Texas as part of Schwab Asset Management (an affiliate of The Charles Schwab Corporation), FNDC operates globally with primary exposure to Japan (33%), Canada (8%), the United Kingdom (8%), South Korea (8%), and Australia (5%), encompassing developed markets in Europe, Asia-Pacific, and beyond while excluding emerging markets and the U.S. The fund maintains a weighted average market capitalization of approximately $5.6 billion, a price-to-earnings ratio of 14.8, and portfolio turnover of 30%, emphasizing tax efficiency and contrarian investing. In recent developments, Schwab Asset Management transitioned FNDC and other Fundamental Index ETFs to RAFI indexes in June 2024 as part of a product lineup refinement, enhancing alignment with Research Affiliates' fundamental weighting methodology. Charles Schwab, the ETF's sponsor, completed the $660 million acquisition of Forge Global in November 2025 to expand retail access to private markets, complementing launches like Schwab Alternative Investments Select and Schwab Private Issuer Equity Services. These moves reflect ongoing strategic expansions in alternative assets and index-based offerings, with FNDC's assets under management reaching nearly $3 billion by late 2025.