FNDF Fees and Costs — Schwab Fundamental International Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.0060% of average net assets, and portfolio turnover was 11%.
FNDF Fees and Expenses
Annual operating expenses and sales charges of FNDF. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
FNDF Costs Over Time
On $10,000 invested in FNDF, assuming 5% a year before costs, total costs come to $163 over 5 years, cutting the return by 0.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $89 | $163 |
| Value after costs | $10,473 | $11,488 | $12,600 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
FNDF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0060%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $846.1M
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $150.2M
- Net income from securities lending: $3.8M (0.021% of average net assets)
FNDF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $187K | 20.06% |
| Barclays Capital Inc. | $145K | 15.52% |
| BofA Securities, Inc. | $111K | 11.90% |
| UBS Securities LLC | $100K | 10.77% |
| Morgan Stanley & Co. LLC | $77K | 8.30% |
| BNP Paribas Securities Corp. | $71K | 7.67% |
| HSBC Securities (USA) Inc. | $68K | 7.25% |
| RBC Capital Markets, LLC | $61K | 6.50% |
| Citigroup Global Markets Inc. | $60K | 6.43% |
| Jefferies LLC | $52K | 5.60% |
FNDF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $177.6M | 22.55% |
| UBS Securities LLC | $112.7M | 14.31% |
| Goldman Sachs & Co. LLC | $110.0M | 13.97% |
| BofA Securities, Inc. | $83.5M | 10.61% |
| Morgan Stanley & Co. LLC | $79.1M | 10.05% |
| BNP Paribas Securities Corp. | $72.3M | 9.18% |
| HSBC Securities (USA) Inc. | $69.3M | 8.80% |
| Jefferies LLC | $30.5M | 3.88% |
| Macquarie Capital (USA) Inc. | $27.8M | 3.53% |
| RBC Capital Markets, LLC | $24.6M | 3.13% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.