FNDF vs. DFEM ETF Comparison

Comparison of Schwab Fundamental International Large Company Index ETF (FNDF) to Dimensional Emerging Markets Core Equity 2 ETF (DFEM)

FNDF

Schwab Fundamental International Large Company Index ETF

FNDF 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. Large 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

$34.95

Average Daily Volume

755,253

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

DFEM Description

The Portfolio is designed to purchase a broad and diverse group of securities associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development). As a non-fundamental policy, under normal circumstances, the Portfolio will invest at least 80% of its net assets in emerging markets equity investments that are defined in the prospectus as Approved Market securities.

Grade (RS Rating)

Last Trade

$26.58

Average Daily Volume

594,183

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	FNDF	DFEM
30 Days	-3.11%	-3.87%
60 Days	-5.32%	-1.41%
90 Days	-5.68%	-1.52%
12 Months	10.21%	12.95%

10 Overlapping Holdings

Symbol	Grade	Weight in FNDF	Weight in DFEM	Overlap
KB	B	0.18%	0.01%	0.01%
KB	B	0.18%	0.38%	0.18%
KEP	B	0.11%	0.02%	0.02%
KEP	B	0.11%	0.01%	0.01%
LPL	D	0.06%	0.05%	0.05%
LPL	D	0.06%	0.0%	0.0%
SHG	C	0.18%	0.05%	0.05%
SHG	C	0.18%	0.19%	0.18%
SKM	C	0.03%	0.02%	0.02%
SKM	C	0.03%	0.02%	0.02%

FNDF Overweight 46 Positions Relative to DFEM

Symbol	Grade	Weight
TM	F	1.24%
HSBH	B	0.79%
NVS	F	0.59%
HMC	F	0.57%
UL	D	0.56%
MUFG	B	0.48%
SONY	B	0.48%
E	F	0.43%
TD	D	0.42%
BCS	A	0.42%
SMFG	B	0.39%
STLA	F	0.35%
LYG	D	0.34%
MT	B	0.28%
MFG	A	0.27%
MDT	D	0.23%
ABBV	F	0.22%
CNI	F	0.19%
DEO	F	0.17%
GOLD	C	0.16%
WFG	C	0.1%
AGCO	D	0.09%
BNTX	C	0.09%
NMR	B	0.08%
ZIM	C	0.07%
SW	A	0.07%
WCN	A	0.07%
TT	A	0.06%
NXPI	D	0.06%
FLUT	A	0.05%
APTV	F	0.04%
LOGI	D	0.04%
AER	A	0.03%
OTEX	F	0.03%
GRMN	B	0.03%
LULU	C	0.03%
KT	A	0.03%
ALLE	C	0.02%
ARM	F	0.02%
TEVA	C	0.02%
PRGO	C	0.02%
TIGO	D	0.02%
CCEP	C	0.02%
CHKP	C	0.02%
ALV	C	0.02%
ICLR	D	0.01%

FNDF Underweight 90 Positions Relative to DFEM

Symbol	Grade	Weight
BABA	D	-1.24%
IBN	C	-0.62%
PDD	F	-0.46%
INFY	C	-0.32%
VALE	F	-0.31%
HDB	C	-0.25%
HDB	C	-0.24%
YUMC	C	-0.2%
TCOM	B	-0.19%
IBN	C	-0.15%
ERJ	A	-0.14%
BIDU	F	-0.14%
VIPS	F	-0.14%
ERJ	A	-0.14%
UMC	F	-0.14%
XPEV	C	-0.13%
GFI	D	-0.13%
RDY	F	-0.11%
GDS	C	-0.1%
BILI	D	-0.09%
CX	F	-0.09%
PAC	B	-0.08%
SBSW	D	-0.07%
LI	F	-0.07%
HMY	D	-0.07%
GGB	C	-0.07%
WIT	B	-0.06%
TME	D	-0.05%
ASR	D	-0.05%
CAR	C	-0.05%
BAP	A	-0.05%
BRFS	C	-0.05%
NTES	D	-0.04%
UMC	F	-0.04%
SGRP	D	-0.03%
JKS	F	-0.03%
PBR	D	-0.03%
ABEV	F	-0.03%
VIST	B	-0.03%
BCH	C	-0.03%
CHT	C	-0.03%
BBD	D	-0.02%
IQ	F	-0.02%
BIDU	F	-0.02%
BABA	D	-0.02%
PKX	D	-0.02%
CHT	C	-0.02%
SQM	D	-0.02%
CIB	B	-0.02%
ASAI	F	-0.02%
OMAB	D	-0.02%
FMX	F	-0.02%
KOF	F	-0.02%
CIG	C	-0.01%
PHI	D	-0.01%
ITUB	F	-0.01%
SHPH	F	-0.01%
ASX	D	-0.01%
BSAC	C	-0.01%
NIO	F	-0.01%
AKO.A	F	-0.01%
IMOS	F	-0.01%
WF	C	-0.01%
WIT	B	-0.01%
BGNE	D	-0.01%
VIV	F	-0.01%
GGB	C	-0.01%
SBS	B	-0.01%
ASAI	F	-0.01%
BGNE	D	-0.01%
TCOM	B	-0.01%
ENIC	B	-0.0%
BAOS	F	-0.0%
LGHT	D	-0.0%
ELP	F	-0.0%
SLDB	F	-0.0%
BCH	C	-0.0%
MGNX	F	-0.0%
UGP	F	-0.0%
PDSB	F	-0.0%
CCU	D	-0.0%
LI	F	-0.0%
SUZ	B	-0.0%
BZUN	F	-0.0%
BAK	F	-0.0%
CSAN	F	-0.0%
ZTO	F	-0.0%
EBR	F	-0.0%
ZLAB	C	-0.0%
VNET	B	-0.0%