FNDF vs IVV
Schwab Fundamental International Equity ETF vs iShares Core S&P 500 ETF
Which is better, FNDF or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. FNDF led over 1Y, 3Y and 5Y, IVV over the full window. FNDF is less concentrated, with 14.9% of the fund in its ten largest positions against 37.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FNDF | IVV |
|---|---|---|
| Expense Ratio | 0.25% | 0.03%Best |
| AUM | $26.1B | $886.7B |
| Dividend Yield | 3.01% | 1.10% |
| Holdings | 906 | 508 |
| YTD Return | +23.09%Best | +12.70% |
| 1Y Return | +36.50%Best | +19.36% |
| 3Y Return (annualized) | +24.29%Best | +21.16% |
| 5Y Return (annualized) | +14.82%Best | +12.75% |
| Volatility (annualized) | 15.5% | 14.5%Best |
| Max Drawdown | -44.0% | -33.9%Best |
| $10,000 over 5 years | $19,957Best | $18,221 |
| Top 10 Weight | 14.9%Best | 37.9% |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Aug 15, 2013 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Aug 15, 2013 to Sep 8, 2026 (13.1 years).
FNDF vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13.1 years both funds cover.
FNDF vs IVV Performance
Schwab Fundamental International Equity ETF (FNDF) is an ETF from Charles Schwab Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FNDF returned +36.50% while IVV returned +19.36%. Year to date, FNDF is up 23.09% versus a gain of 12.70% for IVV.
Over three years, FNDF compounded at +24.29% per year against +21.16% for IVV; over five years the annualized figures are +14.82% and +12.75% respectively. Across the full 13-year window we track, IVV has the edge at +13.05% annualized vs +7.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNDF has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 14.5% 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 -44.0% for FNDF and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNDF charges 0.25% per year while IVV charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, FNDF currently yields 3.01% against 1.10% for IVV.
Holdings Overlap
1.5% of FNDF's money is in holdings IVV also owns. 0.7% of IVV's money is in holdings FNDF also owns.
FNDF and IVV share little of their money.
9 positions in common, counted across the 872 positions we hold weights for in FNDF and 504 in IVV, against full books of 906 and 508.
What only one of them owns
Our book lists 486 positions for IVV that do not appear in our book for FNDF (98.6% of the fund), and 17 for FNDF that do not appear in IVV (2.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FNDF | Weight in IVV | Difference |
|---|---|---|---|
| ROPROPER TECHNOLOGIES INC | 0.92% | 0.06% | 0.86% |
| MDTMedtronic Plc Ordinary Shares | 0.16% | 0.17% | 0.01% |
| NXPINxp Semiconductors N.V. Common Stock | 0.14% | 0.09% | 0.05% |
| TTTrane Technologies Plc Common Stock | 0.05% | 0.16% | 0.11% |
| GRMNGarmin Ltd. | 0.06% | 0.07% | 0.01% |
| UMG:ASUniversal Music Group N.V. Universal Music Group N V | 0.03% | 0.06% | 0.03% |
| LULU:CALululemon Athlca | 0.05% | 0.02% | 0.03% |
| APTVAptiv Plc | 0.05% | 0.01% | 0.04% |
| ALLEAllegion Plc | 0.01% | 0.02% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of FNDF and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FNDF or IVV?
FNDF has an expense ratio of 0.25% while IVV charges 0.03%. IVV is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, FNDF or IVV?
Over the past year FNDF returned +36.50% vs +19.36% for IVV, so FNDF leads on 1-year performance. Over the longest common window we track (13 years), FNDF annualized +7.83% vs +13.05% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNDF or IVV?
FNDF has been the more volatile fund at 15.5% annualized versus 14.5% for IVV. Worst drawdown: FNDF -44.0% vs IVV -33.9%.
Should I hold both FNDF and IVV?
FNDF and IVV have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FNDF and IVV?
1.5% of FNDF's money is in holdings IVV also owns. 0.7% of IVV's is in holdings FNDF also owns. They hold 9 positions in common, counted across the 872 positions we hold weights for in FNDF and 504 in IVV.
Which pays a higher dividend, FNDF or IVV?
FNDF yields 3.01% while IVV yields 1.10%, so FNDF currently pays the higher dividend yield.
Is IVV better than FNDF?
IVV has a lower expense ratio. FNDF led over 1Y, 3Y and 5Y, IVV over the full window. FNDF is less concentrated, with 14.9% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.