What Is FNDF? Schwab Fundamental International Equity ETF
Last updated July 2026
Short answer
FNDF is Schwab Fundamental International Equity ETF, an ETF that tracks a developed-markets ex-US value equity index at a 0.25% expense ratio. FNDF tracks a developed-markets ex-US value equity index. At 0.25% it undercuts the typical foreign large-value fund, which runs nearer 0.31%. It yields about 3.11%, enough that income is part of the reason people hold it. It launched in 2013. Holdings are spread widely, with the ten largest coming to about 14% of assets.
FNDF is issued by Schwab Asset Management and tracks a developed-markets ex-US value equity index. It charges a 0.25% expense ratio, holds approximately $24.0B in assets under management, yields about 3.11%, and launched in 2013.
What is FNDF?
FNDF is Schwab Fundamental International Equity ETF, an ETF that tracks a developed-markets ex-US value equity index at a 0.25% expense ratio. FNDF tracks a developed-markets ex-US value equity index. At 0.25% it undercuts the typical foreign large-value fund, which runs nearer 0.31%. It yields about 3.11%, enough that income is part of the reason people hold it. It launched in 2013. Holdings are spread widely, with the ten largest coming to about 14% of assets.
FNDF is issued by Schwab Asset Management and tracks a developed-markets ex-US value equity index, so a single ticker gives you the whole portfolio of underlying holdings weighted by the index's methodology rather than by any active stock-picking.
What does FNDF hold?
FNDF is weighted toward its largest constituents. As of August 2026, the top holdings are:
| Rank | Ticker | Company | % of FNDF | |
|---|---|---|---|---|
| 1 | Samsung Electronics Co Ltd | 4.4% | ||
| 2 | Shell PLC | 2.1% | ||
| 3 | TotalEnergies SE | 1.6% | ||
| 4 | BHP Group Ltd | 1.1% | ||
| 5 | SK Hynix Inc | 1.1% | ||
| 6 | HSBC Holdings PLC | 1.1% | ||
| 7 | BP PLC | 1.0% | ||
| 8 | Glencore PLC | 1.0% | ||
| 9 | Toyota Motor Corp | 0.9% |
The remaining holdings make up the balance of the fund, with weights tapering off below the top names. Because the index reconstitutes on a rolling basis, the roster stays current without active management. Each ticker above links to its individual stock guide in Walnut.
How do I invest in FNDF?
There are three common ways to get FNDF exposure. Buy shares (or fractional shares) of FNDF directly at any major broker that lists it. Hold it as a core position and layer more concentrated ideas on top. Or build it into a thematic portfolio in Walnut, so FNDF sits alongside other holdings that express the same thesis, with target weights you can rebalance toward. FNDF trades like a stock during market hours, so you buy it the same way you would any listed share.
New to buying funds? See how to buy an ETF, step by step.
Is FNDF a good buy?
Whether FNDF is a good buy depends less on any single call and more on your time horizon and what you already hold: it tracks a developed-markets ex-US value equity index, so the real question is whether you want that exposure in your mix and at what weight. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is FNDF a buy?
The bottom line on FNDF
FNDF gives you a developed-markets ex-US value equity index exposure in one ticker at a 0.25% expense ratio. Most investors use it as a core holding and layer more concentrated thematic portfolios on top.
More on FNDF
Whether FNDF is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is FNDF a buy?
FNDF yields 3.11% as of August 2026, paid by passing through the dividends of its underlying holdings. For the payout schedule, history, and how the distributions are taxed, see FNDF dividend: yield and schedule.
New to funds like FNDF? Start with what an ETF is, then how to buy an ETF, or browse the full guide to ETF investing.
Wondering how FNDF fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.
Investing in FNDF with AI
Connect the broker you already use and ask Walnut's AI how FNDF fits what you actually hold: what it overlaps with, what it leaves you exposed to, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
What is FNDF's ticker symbol?
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FNDF, Schwab Fundamental International Equity ETF. Issued by Schwab Asset Management; tracks a developed-markets ex-US value equity index. Trades during US market hours, available at every major US brokerage.
What is FNDF's expense ratio?
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0.25% as of August 2026.
What are FNDF's top holdings?
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Top holdings as of August 2026: , , , , and others. See the full holdings table above.
How can I invest in FNDF through Walnut?
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Walnut isn't a broker. Connect a brokerage and Walnut sits on top to help you build and track thematic portfolios. FNDF can be a constituent alongside individual stocks.
How do I compare FNDF to similar ETFs?
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Put a few fields side by side: the expense ratio (fees compound over decades), the index or strategy it tracks, the top holdings and how much they overlap with what you already own, the dividend yield, and the AUM, liquidity, and bid-ask spread that affect trading costs. For index funds, tracking error (how closely it follows its index) and tax efficiency matter too. FNDF's figures are above; the full method is in Walnut's guide on how to compare ETFs.
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Walnut is informational, not investment advice. Holdings weights and fund statistics on this page are approximations stamped to August 2026; verify current figures against Schwab Asset Management's fund page or your broker before investing.