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FNDCvsPDNETF Comparison

ETF 1
FNDC

Schwab Fundamental International Small Company Index ETF

This fund is part of
DM Small Cap
+0%
VS
ETF 2
PDN

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

This fund is part of
DM Blended Cap
+0%

Schwab Fundamental International Small Company Index ETF (FNDC) belongs to the DM Small Cap segment. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) is part of the DM Blended Cap segment. FNDC's top 3 sector exposures are Industrials, Materials and Consumer Discretionary. In contrast, PDN's top sector exposures are Industrials, Financials and Materials. FNDC is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.49% for PDN. FNDC is up 3.66% year-to-date (YTD) with -$36M in YTD flows. PDN performs worse with 3.62% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of FNDC and PDN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FNDC vs PDN performance and flow charts

Performance

-10.0-8.0-6.0-4.0-2.00.0%Mar 2Mar 9Mar 16Mar 23Mar 30

Cumulative Flows

-20 M0 M20 M40 M60 MMar 2Mar 9Mar 16Mar 23Mar 30

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/02/2026
1M3MYTD1Y3Y5Y
Perf.
FNDC
PDN
-7.23%-7.24%
+3.24%+2.71%
+3.66%+3.62%
+32.94%+33.68%
+54.63%+53.56%
+42.07%+37.21%
Flows
FNDC
PDN
-$22M+$4M
-$36M+$4M
-$36M+$4M
-$769M-$117M
-$778M-$337M
-$16M-$75M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FNDC
PDN
+18.68%+16.89%
+15.34%+15.19%
+13.53%+13.50%
+14.29%+14.76%
Max drawdown
FNDC
PDN
-11.16%-11.76%
-11.16%-11.76%
-13.02%-13.21%
-32.18%-33.13%
Max drawdown duration
FNDC
PDN
32d32d
32d32d
208d141d
1100d1330d
Trading data

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FNDC
PDN
Last sale
4/2/2026 at 1:30 PM
$46.71
$43.81
Previous close
04/02/2026
$47.02
$44.10
Consolidated volume
04/02/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of March 31, 2026
1-year trailing difference

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FNDC
PDN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/2/2026 at 1:30 PM
Live
Closed
FNDC
PDN
Last price
$46.71
$43.81
1D performance
-0.66%
-0.66%
AuM$3.11 B$373.42 M
E/R0.39%0.49%
Characteristics
FNDC
PDN
Management strategyPassivePassive
ProviderSchwab ETFsInvesco
BenchmarkRAFI Fundamental High Liquidity Developed ex US Small IndexRAFI Fundamental Select Developed ex-US 1500 Index
N° of holdings13671378
Asset class--
Trailing 12m distribution yield
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Inception dateAugust 15, 2013September 27, 2007
ESGNoNo
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Exposure

Countries

FNDC
Japan
32.05%
Republic of Korea
9.3%
Canada
8.97%
United Kingdom
7.36%
Other
42.31%
PDN
Japan
29.35%
Canada
10.26%
Republic of Korea
8.67%
United Kingdom
7.35%
Other
44.38%

Sectors

FNDC
Industrials
24.06%
Materials
12.4%
Consumer Discreti.
11.63%
Financials
10.98%
Consumer Staples
7.25%
Other
33.68%
PDN
Industrials
21.83%
Financials
12.53%
Materials
11.79%
Consumer Discreti.
10.51%
Real Estate
8.65%
Information Techn.
7.24%
Other
27.45%
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Diversification

FNDC

Total weight of top 15 holdings out of 15

3.58%
PDN

Total weight of top 15 holdings out of 15

4.08%

Top 15 holdings

Data as of February 28, 2026
FNDC
IBIDEN
0.38%
SALZGITTER
0.26%
SAMSUNG LIFE
0.26%
MIRAE ASSET SECURITIES
0.25%
CONSTELLIUM HOLDCO BV
0.24%
HELVETIA HOLDING
0.23%
PAN AMERICAN
0.23%
SCREEN HLDGS CO LTD
0.23%
KLOECKNER
0.23%
TOWER SEMICONDUCTOR
0.22%
CA15101Q2071
0.22%
INFRONEER HOLDINGS INC
0.21%
EVOLUTION MINING
0.21%
HARIM HOLDINGS CO LTD
0.21%
NINE DRAGONS PAPER HOLDINGS
0.21%
PDN
MIRAE ASSET SECURITIES
0.44%
SSR MINING
0.32%
KR INV HOLDINGS
0.31%
EVOLUTION MINING
0.30%
TOWER SEMICONDUCTOR
0.30%
CAMECO
0.26%
ENDEAVOUR MINING
0.25%
HUDBAY MINERALS
0.25%
KINDEN
0.25%
SALZGITTER
0.24%
PILBARA MINERALS
0.24%
ELDORADO GOLD
0.24%
CENTERRA GOLD
0.24%
IAMGOLD
0.23%
DOOSAN
0.23%
Frequently asked questions about FNDC and PDN

How have the FNDC and PDN ETFs performed in 2026?

As of April 2, 2026, FNDC is up 3.66% year-to-date (YTD), while PDN has returned 3.62%. That puts FNDC better performer ahead so far this year.

Which ETF is attracting more investor money: FNDC or PDN?

Year-to-date, the FNDC ETF saw -$36M in flows, compared to +$4M for PDN.

Which ETF is more volatile: FNDC or PDN?

Over the past year, FNDC had a volatility of 15.34%, while PDN experienced 15.19%.

Which ETF is bigger: FNDC or PDN?

As of April 2, 2026, FNDC holds $3.11 B in assets under management (AUM), while PDN manages $373.42 M.

What sectors do the FNDC and PDN ETFs invest in?

FNDC leans toward sectors like Industrials, Materials and Consumer Discretionary. Meanwhile, PDN focuses on Industrials, Financials and Materials.

What are the top holdings of the FNDC ETF and PDN ETF?

FNDC top holdings include IBIDEN, SALZGITTER and SAMSUNG LIFE. PDN holds in its top three: MIRAE ASSET SECURITIES, SSR MINING and KR INV HOLDINGS.

Which ETF is more diversified: FNDC or PDN?

FNDC holds 1451 securities with 3.58% of its assets in the top 15. PDN has 1461 securities and a top 15 weight of 4.08%.

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