ISCF - FNDC: Factor-Based Ex-U.S. Small Cap ETF Lagging Its Peers
2024-06-30 06:44:55 ET
Summary
- Schwab Fundamental International Small Equity ETF implements the RAFI methodology in an ex-US developed small cap universe.
- FNDC is overweight in Japan and heavy in industrials, but well-diversified across a large number of companies.
- Over the last few years, FNDC has lagged a number of factor-based ETFs in the same universe.
FNDC strategy
Schwab Fundamental International Small Equity ETF ( FNDC ) started investing operations on 08/15/2013 and tracks the RAFI Fundamental High Liquidity Developed ex US Small Index. As of writing, it has 2017 holdings (including cash in various currencies), a 30-day SEC yield of 2.32% and a total expense ratio of 0.39%. Distributions are paid semi-annually....
FNDC: Factor-Based Ex-U.S. Small Cap ETF Lagging Its Peers