PIZvsFNDFETF Comparison
VS
ETF 2
FNDF
Schwab Fundamental International Large Company Index ETF
This fund is part of
DM Large & Mid Cap
+0.42%
Invesco DWA Developed Markets Momentum ETF (PIZ) and Schwab Fundamental International Large Company Index ETF (FNDF) belong to the same industry segment: DM Large & Mid Cap. PIZ's top 3 sector exposures are Finance, Industrials and Technology. In contrast, FNDF's top sector exposures are Finance, Energy and Industrials. PIZ is more expensive with a Total Expense Ratio (TER) of 0.8%, versus 0.25% for FNDF. PIZ is up 4.44% year-to-date (YTD) with +$74M in YTD flows. FNDF performs better with 20.18% YTD performance, and +$2.27B in YTD flows. Run a side-by-side ETF comparison of PIZ and FNDF 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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PIZ vs FNDF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PIZ FNDF | -4.26%-1.86% | -3.79%+2.24% | +4.44%+20.18% | +8.14%+28.64% | +85.82%+91.25% | +42.44%+91.62% |
| Flows | PIZ FNDF | -$20M+$150M | -$103M+$880M | +$74M+$2.27B | +$127M+$3.08B | +$371M+$5.71B | +$293M+$9.65B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PIZ FNDF | +20.61%+9.98% | +23.27%+14.31% | +18.39%+13.91% | +18.70%+14.74% |
| Max drawdown | PIZ FNDF | -8.77%-5.46% | -15.97%-10.49% | -15.97%-13.78% | -39.71%-25.58% |
| Max drawdown duration | PIZ FNDF | 60d38d | 163d65d | 163d44d | 1176d545d |
Trading data
PIZ | FNDF | |
Last sale 10/16/2026 at 1:30 PM | $50.22 | $53.90 |
| Previous close 10/15/2026 | $50.37 | $53.73 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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PIZ | FNDF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
PIZ | FNDF | |
|---|---|---|
| Last price | $50.22 | $53.90 |
| 1D performance | -0.30% | +0.32% |
| AuM | $610.55 M | $25.75 B |
| E/R | 0.8% | 0.25% |
Characteristics
PIZ | FNDF | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | Schwab ETFs |
| Benchmark | Dorsey Wright Developed Markets Technical Leaders Index | RAFI Fundamental High Liquidity Developed ex US Large Index |
| N° of holdings | 100 | 857 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 28, 2007 | August 15, 2013 |
| ESG | No | No |
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Exposure
Countries
PIZ
Canada
20.04%
Japan
14.44%
Republic of Korea
7.82%
Switzerland
7.66%
Other
50.04%
FNDF
Japan
22.74%
United Kingdom
13.56%
Canada
8.8%
Republic of Korea
8.65%
France
8.09%
Germany
7.76%
Other
30.4%
Sectors
PIZ
Finance
46.5%
Industrials
25.13%
Technology
14.41%
Other
13.96%
FNDF
Finance
19.81%
Energy
12.46%
Industrials
11.76%
Technology
11.47%
Non-Energy Materi.
11.2%
Consumer Cyclical.
8.85%
Other
24.44%
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Diversification
PIZ
Total weight of top 15 holdings out of 15
34.59%
FNDF
Total weight of top 15 holdings out of 15
18.77%
Top 15 holdings
Data as of August 31, 2026
PIZ
Constellation Software, Inc.
3.42%
Bombardier, Inc.
2.98%
Toromont Industries Ltd.
2.66%
BELIMO Holding AG
2.52%
Lion Finance Group Plc
2.48%
The Toronto-Dominion Bank
2.46%
HD Hyundai Electric Co., Ltd.
2.40%
Royal Bank of Canada
2.27%
Investor AB
2.24%
Swedbank AB
1.94%
Unipol Assicurazioni SpA
1.93%
SK hynix, Inc.
1.90%
InterContinental Hotels Group Plc
1.88%
Oversea-Chinese Banking Corp. Ltd.
1.78%
BPER Banca SpA
1.76%
FNDF
Samsung Electronics Co., Ltd.
3.67%
Shell Plc
2.47%
TotalEnergies SE
1.71%
BHP Group Ltd.
1.27%
Glencore Plc
1.15%
HSBC Holdings Plc
1.12%
BP Plc
1.08%
Roche Holding AG
0.95%
Toyota Motor Corp.
0.92%
Banco Santander SA
0.84%
Rio Tinto Plc
0.76%
Deutsche Telekom AG
0.74%
Nestlé SA
0.73%
SK hynix, Inc.
0.70%
Novartis AG
0.66%
Frequently asked questions about PIZ and FNDF
How have the PIZ and FNDF ETFs performed in 2026?
As of October 16, 2026, PIZ is up 4.44% year-to-date (YTD), while FNDF has returned 20.18%. That puts FNDF better performer ahead so far this year.
Which ETF is attracting more investor money: PIZ or FNDF?
Year-to-date, the PIZ ETF saw +$74M in flows, compared to +$2.27B for FNDF.
Which ETF is more volatile: PIZ or FNDF?
Over the past year, PIZ had a volatility of 23.27%, while FNDF experienced 14.31%.
Which ETF is bigger: PIZ or FNDF?
As of October 16, 2026, PIZ holds $610.55 M in assets under management (AUM), while FNDF manages $25.75 B.
What sectors do the PIZ and FNDF ETFs invest in?
PIZ leans toward sectors like Finance, Industrials and Technology. Meanwhile, FNDF focuses on Finance, Energy and Industrials.
What are the top holdings of the PIZ ETF and FNDF ETF?
PIZ top holdings include Constellation Software, Inc., Bombardier, Inc. and Toromont Industries Ltd.. FNDF holds in its top three: Samsung Electronics Co., Ltd., Shell Plc and TotalEnergies SE.
Which ETF is more diversified: PIZ or FNDF?
PIZ holds 100 securities with 34.59% of its assets in the top 15. FNDF has 876 securities and a top 15 weight of 18.77%.
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