Schwab Fundamental International Small Equity ETF offers international small/mid-cap exposure based on RAFI fundamental size. FNDC outperforms the SCZ benchmark in valuation, dividend growth, and total return since inception, but lags AVDV and DISV. The fund has low company-specific risk but notable country (Japan) and sector (industrials) concentration.
A smart beta exchange traded fund, the Schwab Fundamental International Small Company Index ETF (FNDC) debuted on 08/13/2013, and offers broad exposure to the Foreign Small/Mid Value ETF category of the market.
Making its debut on 08/13/2013, smart beta exchange traded fund Schwab Fundamental International Small Company Index ETF (FNDC) provides investors broad exposure to the Foreign Small/Mid Value ETF category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PEP Philip E. Passafiume Protective Life Corp | 42 | $1,947.12 | $2,051.07 | $103.95 | 5.34% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 120 | $4,567.52 | $5,841.6 | $1,274.08 | 27.89% |
| JS Jason Skolnick FIRST NATIONAL Corp. /MA/ /ADV | 11,927 | $413,759.18 | $582,455.04 | $168,695.86 | 40.77% |
| DW Drew Waldron Canvas Wealth Advisors LLC | 5,433 | $196,674.6 | $265,483.54 | $68,808.94 | 34.99% |
Jeffery Yorg Focus Partners Advisor Solutions LLC | 50,137 | $2.13M | $2.44M | $311,118.79 | 14.62% |
| ARCA Exchange | US Country |
The fund is designed for investors looking to diversify their portfolio through exposure to small-cap companies outside of the United States. It focuses on investing a significant portion of its assets, at least 90%, in stocks that are included in its benchmark index. This index targets the performance of the small company size segment, prioritizing firms based on their fundamental overall company scores. These scores are derived from the RAFI Global Equity Investable Universe, which encompasses developed ex U.S. companies, serving as the parent universe. The investment strategy emphasizes identifying companies with robust fundamentals to potentially deliver sustainable performance over time.
This service allows investors to tap into the potential growth of small-cap companies outside the U.S. by investing in stocks that are part of the specified index. Focusing on small-cap companies could offer higher growth potential and diversification benefits to an investor's portfolio, targeting those with strong fundamental scores.
The fund employs an index-based investment strategy by allocating at least 90% of its net assets in stocks included in its benchmark index. This methodology seeks to mirror the performance of the index, which is constructed based on the fundamental overall company scores of small size segment companies in the developed ex U.S. market. This approach aims to capture the intrinsic value offered by these companies, potentially leading to long-term investment gains.
By investing in the developed ex U.S. companies, the fund provides investors with an opportunity to diversify their investment portfolio geographically. This product offers exposure to markets and companies that might exhibit different growth patterns or levels of volatility compared to the U.S. market, potentially reducing portfolio risk and enhancing returns through international diversification.