FNDF vs ICOW: Differences, Returns & Fees
FNDF and ICOW hold 13% of their weight in the same names, and FNDF returned +28.5% over the year. Net assets: $24.6bn on May 31, 2026 for Schwab Fundamental International Equity ETF, and $1.7bn on Oct 2, 2026 for Pacer Developed Markets International Cash Cows 100 ETF.
FNDF costs 0.40 points a year less; their one-year returns differ by 9.2 points.
| FNDF | ICOW | |
|---|---|---|
| Expense ratio | 0.25% | 0.65% |
| Net assets, FNDF as of May 31, 2026 and ICOW as of Oct 2, 2026 | $24.6bn | $1.7bn |
| Total return, 1 year | +28.5% | +19.3% |
| What it tracks | not read by ETFIQ | not read by ETFIQ |
| Holdings in common | 13% | |
| Top ten holdings, share of the fund | 17.0% | 21.2% |
| Below its high | 4.8%, high on Sep 4, 2026 | 6.7%, high on Aug 25, 2026 |
Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.
What they hold in common
By the books each fund has filed, FNDF and ICOW hold 13% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jul 31, 2026.
half
13% in common
On the same fields
FNDF and ICOW on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
FNDF in plain words
FNDF tracks an index. Over the year to Oct 9, 2026 it returned +28.5% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 889 positions, with the top ten at 17.0%. It sat 4.8% below its high of Sep 4, 2026 on Oct 9, 2026.
ICOW in plain words
ICOW tracks an index. Over the year to Oct 9, 2026 it returned +19.3% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.65% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 21.2%. It sat 6.7% below its high of Aug 25, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, FNDF or ICOW?
- In the year to Oct 9, 2026, with distributions reinvested, FNDF returned +28.5% and ICOW +19.3%.
- Which is cheaper, FNDF or ICOW?
- FNDF is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, FNDF against ICOW, data as of Oct 9, 2026. https://etfiq.com/compare/any/fndf-vs-icow
ETFIQ. (Oct 9, 2026). FNDF against ICOW. Retrieved from https://etfiq.com/compare/any/fndf-vs-icow
[FNDF against ICOW (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/fndf-vs-icow)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.