FNDC vs. PDN ETF Comparison

Comparison of Schwab Fundamental International Small Company Index ETF (FNDC) to PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN)

FNDC

Schwab Fundamental International Small Company Index ETF

FNDC Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Developed ex-U.S. Small Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 90% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 10% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$35.48

Average Daily Volume

131,257

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDN

PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio

PDN Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of small and mid capitalization equities of companies domiciled in developed international markets (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$32.47

Average Daily Volume

22,613

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNDC	PDN
30 Days	-1.36%	-1.81%
60 Days	-5.71%	-6.37%
90 Days	-4.80%	-5.86%
12 Months	10.17%	9.91%

10 Overlapping Holdings

Symbol	Grade	Weight in FNDC	Weight in PDN	Overlap
AEI	D	0.09%	0.16%	0.09%
ASTL	B	0.13%	0.14%	0.13%
DOOO	F	0.05%	0.07%	0.05%
FRO	F	0.03%	0.1%	0.03%
GOGL	F	0.03%	0.14%	0.03%
MBAVU	D	0.06%	0.07%	0.06%
PDS	C	0.06%	0.09%	0.06%
RBA	A	0.15%	0.21%	0.15%
TAC	B	0.12%	0.17%	0.12%
XRX	F	0.02%	0.07%	0.02%

FNDC Overweight 26 Positions Relative to PDN

Symbol	Grade	Weight
SHOP	B	0.19%
TCI	D	0.12%
QGEN	D	0.11%
SE	B	0.09%
YY	C	0.07%
SPOT	B	0.07%
CRTO	C	0.05%
KLIC	B	0.05%
DOLE	D	0.05%
CSIQ	F	0.04%
FUTU	D	0.04%
MLCO	F	0.04%
CUK	B	0.03%
CSTM	F	0.03%
ALKS	B	0.02%
DAVA	C	0.02%
ELBM	F	0.02%
BLCO	D	0.02%
MERC	F	0.02%
CMPR	D	0.02%
OPRA	A	0.02%
SFL	D	0.02%
MX	F	0.01%
GTX	D	0.01%
SEDG	F	0.01%
BUR	C	0.01%

FNDC Underweight 5 Positions Relative to PDN

Symbol	Grade	Weight
LSPD	C	-0.1%
FLNG	B	-0.04%
BBUC	B	-0.04%
TRMD	F	-0.03%
CLF	F	-0.0%