Schwab Fundamental International Equity ETF
Developed international stock index ETF · tracks RAFI Fundamental High Liquidity Developed ex US Large Index
As of its 2026 Q2 report, Schwab Fundamental International Equity ETF held 890 positions with $24.55B in net assets. Its ten largest holdings made up 17.4% of the fund. The FNDF share class costs 0.25% a year. Over the 12 months to May 2026, FNDF returned 44.6%, with dividends reinvested. In 2026 Q2 it added 21 new positions and exited 7.
The funds goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of large non-U.S. developed market companies based on their fundamental size and weight.
The fund tracks the RAFI Fundamental High Liquidity Developed ex US Large Index, which selects and weights large developed-market companies outside the U.S. by fundamental measures of company size—adjusted sales, retained operating cash flow, and dividends plus buybacks—rather than market capitalization. The fund invests at least 90% of assets in index constituents, using sampling techniques to hold a subset of securities expected to replicate index performance. Because the fund samples rather than holds all index securities, its returns may diverge from the index.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Samsung Electronics Co Ltd | 5.51% | $1.35B | 6.4M | $210.35 |
Shell PLC | 2.19% | $537.60M | 12.8M | $42.03 |
TotalEnergies SE | 1.69% | $415.45M | 4.7M | $87.73 |
SK hynix Inc | 1.37% | $336.12M | 217.1K | $1,548.11 |
GVMXXState Street Institutional US Government Money Market Fund | 1.25% | $305.85M | — | — |
Glencore PLC | 1.22% | $300.64M | 39.3M | $7.65 |
BHP Group Ltd | 1.22% | $298.61M | 6.7M | $44.83 |
BP PLC | 1.08% | $265.38M | 37.7M | $7.03 |
HSBC Holdings PLC | 1.00% | $246.10M | 13.1M | $18.79 |
Toyota Motor Corp | 0.89% | $218.28M | 11.4M | $19.11 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
The 200 largest of 890 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.30% |
| Cash & short-term | 1.25% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
How it has done
FNDF share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.53%. Past returns are a record, not a forecast.
Fees & fund details
Schwab Fundamental International Equity ETF is a developed international equity index ETF that tracks the RAFI Fundamental High Liquidity Developed ex US Large Index.
- Asset class
- Equity
- Region
- Developed international
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.25%· FNDF 0.25%
- Portfolio turnover
- 11.00% a year · as of 2026 Q2
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
21 new· the largest 8
7 exited
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