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ETF comparison

FNDF vs SPDW

Both International Developed.

Schwab Fundamental International Equity ETF · State Street SPDR Portfolio Developed World ex-US ETF

Holdings overlap

Weighted by ISIN/CUSIP
58.6 %

839 positions appear in both funds. Buying equal dollars of FNDF and SPDW would leave roughly 58.6% of each dollar exposed to the same underlying securities.

FNDF unmatched 40.7% Shared 58.6% SPDW unmatched 40.1%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In FNDF only
48 positions
Shared
839 positions
In SPDW only
1,589 positions

Side by side

FNDF

Schwab Fundamental International Equity ETF

Schwab · International Developed

84 composite / 100
Expense ratio
0.25%
Net assets
$25.61B
TTM yield
3.05%
Top-10 conc.
17.0%
SPDW

State Street SPDR Portfolio Developed World ex-US ETF

State Street · International Developed

93 composite / 100
Expense ratio
0.030%
Net assets
$41.14B
TTM yield
3.09%
Top-10 conc.
14.0%

Sub-score comparison

75
Cost
97
77
Tax efficiency
77
100
Liquidity
100
90
Concentration
94
—
Tracking quality
—
FNDF sub-score SPDW

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPDW is 22 bps cheaper than FNDF. On a $100,000 position that's about $220/yr more in fees for FNDF.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FNDF vs SPDW.

Top shared holdings

839 shared in total
# Holding In FNDF In SPDW Overlap
1 SK hynix Inc 1.37% 2.79% 1.37%
2 HSBC Holdings PLC 1.00% 0.97% 0.97%
3 Roche Holding AG 0.82% 0.86% 0.82%
4 Shell PLC 2.19% 0.68% 0.68%
5 Nestle SA 0.67% 0.80% 0.67%
6 BHP Group Ltd 1.22% 0.63% 0.63%
7 Toyota Motor Corp 0.89% 0.61% 0.61%
8 Banco Santander SA 0.73% 0.60% 0.60%
9 Novartis AG 0.59% 0.86% 0.59%
10 Royal Bank of Canada 0.52% 0.86% 0.52%
11 Toronto-Dominion Bank/The 0.50% 0.60% 0.50%
12 Siemens AG 0.47% 0.70% 0.47%

Only in FNDF

48 total
  • POSCO Holdings Inc 0.34%
  • Medtronic PLC 0.20%
  • ORLEN SA 0.20%
  • Telecom Italia SpA/Milano 0.16%
  • NXP Semiconductors NV 0.15%
  • WH Group Ltd 0.09%
  • Aptiv PLC 0.08%
  • KGHM Polska Miedz SA 0.07%
  • Trane Technologies PLC 0.06%
  • Kingboard Holdings Ltd 0.06%

Only in SPDW

1,589 total
  • Samsung Electronics Co Ltd 2.96%
  • SK Square Co Ltd 0.29%
  • Investor AB 0.23%
  • Argenx SE 0.17%
  • Cameco Corp 0.16%
  • Galderma Group AG 0.12%
  • Celestica Inc 0.12%
  • Ibiden Co Ltd 0.12%
  • Ferrovial NV 0.10%
  • Sea Ltd 0.10%

Percentages are holdings overlap with the named fund.

Open FNDF or SPDW at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.