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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
59.7 %

831 positions appear in both funds. Buying equal dollars of FNDF and SPDW would leave roughly 59.7% of each dollar exposed to the same underlying securities.

FNDF only 40.0% Shared 59.7% SPDW only 39.1%
In FNDF only
44 positions
Shared
831 positions
In SPDW only
1,570 positions

Side by side

FNDF

Schwab Fundamental International Equity ETF

Schwab · International Developed

84 composite / 100
Expense ratio
0.25%
Net assets
$23.99B
TTM yield
3.07%
Top-10 conc.
15.7%
SPDW

State Street SPDR Portfolio Developed World ex-US ETF

State Street · International Developed

93 composite / 100
Expense ratio
0.030%
Net assets
$40.29B
TTM yield
3.02%
Top-10 conc.
13.5%

Sub-score comparison

75
Cost
97
77
Tax efficiency
77
100
Liquidity
100
92
Concentration
95
—
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

831 shared in total
# Holding In FNDF In SPDW Overlap
1 HSBC Holdings PLC 1.00% 0.93% 0.93%
2 Shell PLC 2.09% 0.93% 0.93%
3 Toyota Motor Corp 1.14% 0.81% 0.81%
4 SK hynix Inc 0.80% 0.96% 0.80%
5 Novartis AG 0.69% 0.98% 0.69%
6 Nestle SA 0.69% 0.86% 0.69%
7 TotalEnergies SE 1.48% 0.63% 0.63%
8 BHP Group Ltd 1.13% 0.59% 0.59%
9 Banco Santander SA 0.81% 0.54% 0.54%
10 Royal Bank of Canada 0.46% 0.75% 0.46%
11 BP PLC 0.97% 0.46% 0.46%
12 Mitsubishi Corp 0.74% 0.45% 0.45%

Only in FNDF

44 total
  • Roche Holding AG 0.93%
  • POSCO Holdings Inc 0.36%
  • Medtronic PLC 0.35%
  • ORLEN SA 0.19%
  • Aptiv PLC 0.12%
  • WH Group Ltd 0.11%
  • NXP Semiconductors NV 0.10%
  • Ashtead Group PLC 0.10%
  • Anglogold Ashanti Plc 0.09%
  • Trane Technologies PLC 0.09%

Only in SPDW

1,570 total
  • Samsung Electronics Co Ltd 1.87%
  • Roche Holding AG 0.92%
  • Spotify Technology SA 0.25%
  • Investor AB 0.23%
  • Cameco Corp 0.20%
  • Argenx SE 0.14%
  • Ferrovial SE 0.11%
  • Celestica Inc 0.11%
  • Adyen NV 0.11%
  • Sea Ltd 0.10%

Open FNDF or SPDW at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.