FNDC vs IVV
Schwab Fundamental International Small Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. FNDC offers more diversification with 1332 holdings.
Side-by-Side Comparison
| Metric | FNDC | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.03% | |
| AUM | $3.0B | $865.2B | |
| Dividend Yield | 3.72% | 1.09% | |
| Holdings | 1,611 | 508 | |
| YTD Return | +13.80% | +13.43% | |
| 1Y Return | +22.24% | +22.61% | |
| 3Y Return (annualized) | +18.69% | +21.47% | |
| 5Y Return (annualized) | +8.25% | +13.26% | |
| Volatility (annualized) | 15.5% | 15.1% | |
| Max Drawdown | -46.2% | -56.5% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Aug 15, 2013 | May 15, 2000 |
FNDC vs IVV Performance
Schwab Fundamental International Small Equity ETF (FNDC) is a ETF from Charles Schwab Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year FNDC returned +22.24% while IVV returned +22.61%. Year to date, FNDC is up 13.80% versus a gain of 13.43% for IVV.
Over three years, FNDC compounded at +18.69% per year against +21.47% for IVV; over five years the annualized figures are +8.25% and +13.26% respectively. Across the full 13-year window we track, IVV has the edge at +7.03% annualized vs +6.90%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNDC has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -46.2% for FNDC and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNDC charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, FNDC currently yields 3.72% against 1.09% for IVV.
Holdings Overlap
FNDC and IVV share 4 holdings out of 1833 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FNDC or IVV?
FNDC has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, FNDC or IVV?
Over the past year FNDC returned +22.24% vs +22.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (13 years), FNDC annualized +6.90% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, FNDC or IVV?
FNDC has been the more volatile fund at 15.5% annualized versus 15.1% for IVV. Worst drawdown: FNDC -46.2% vs IVV -56.5%.
Should I hold both FNDC and IVV?
FNDC and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNDC and IVV?
FNDC and IVV share 4 common holdings with a 0.1% weight overlap. Combined, they hold 1833 unique securities.
Which pays a higher dividend, FNDC or IVV?
FNDC yields 3.72% while IVV yields 1.09%, so FNDC currently pays the higher dividend yield.
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