Schwab Fundamental International Large Company ETF FNDF has a lot to offer. Its fundamental weighting approach should be an advantage when market valuations reach extremes. It should perform well against the MSCI All Country ex USA Value. But after re-examining the fund’s advantages, we no longer think it stands among the very best in the foreign large-value Morningstar Category, so we have downgraded its Morningstar Analyst Rating to Silver from Gold.
Will FNDF outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNDF’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FNDF management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FNDF’s parent organization’s priorities and whether they’re in line with investors’ interests.