CWI vs FNDF

ACWI

BFNDF

Measures won0–6FNDF wins · of 6 · 5Y

$10,000 · 5Y$18,637FNDF · VEA $15,497

Lowest cost0.03%VEA · $3 on $10k

Most income3.10%FNDF · $310 on $10k

Smallest drop−10.6%FNDF · worst fall in 1Y

Held in common52.1%CWI and FNDF

CWI

FNDF

State Street SPDR MSCI ACWI ex-US ETF · $2.8BSchwab Fundamental International Large Company Index ETF · $25.2B

+20.1%3 years · per year$17,330 · $18,863+23.6%

+8.7%5 years · per year$15,207 · $18,637+13.3%

0.30%Expense ratio$30 · $25 on $10k · lower wins0.25%

2.76%12-mo yield$276 · $310 on $10k3.10%

−11.5%Worst dropSmaller wins−10.6%

18.2%VolatilityLower wins16.6%

0–6FNDF wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsCWI · FNDF

1.0%ROP.SW1.0%

0.9%HSBA.L1.0%

0.8%SHEL.L2.9%

0.8%NOVN.SW0.7%

Held in common52.1%

End-of-day Nov 9, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	BFNDF	Schwab Fundamental International Large Company Index ETFRead Desk	0.25%	3.10%	−0.9%	+17.4%	+24.6%	+23.6%	+13.3%	−10.6%	$25.2B
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.44%	+2.9%	+12.9%	+18.8%	+20.5%	+9.2%	−11.6%	$231.6B
3	ACWI	State Street SPDR MSCI ACWI ex-US ETFRead Desk	0.30%	2.76%	+3.0%	+11.5%	+15.4%	+20.1%	+8.7%	−11.5%	$2.8B
4	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.41%	+3.1%	+11.7%	+13.1%	+19.9%	+6.5%	−17.8%	$142.1B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	BFNDF	Schwab Fundamental International Large Company Index ETFRead Desk	0.25%	3.10%	−0.9%	+17.4%	+24.6%	+23.6%	+13.3%	−10.6%	$25.2B
2	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.44%	+2.9%	+12.9%	+18.8%	+20.5%	+9.2%	−11.6%	$231.6B
3	ACWI	State Street SPDR MSCI ACWI ex-US ETFRead Desk	0.30%	2.76%	+3.0%	+11.5%	+15.4%	+20.1%	+8.7%	−11.5%	$2.8B
4	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.41%	+3.1%	+11.7%	+13.1%	+19.9%	+6.5%	−17.8%	$142.1B

End-of-day Nov 9, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

CWI vs FNDF

CWI

SPDR MSCI ACWI ex-US

$15,207

FNDF

Schwab Fundamental International Large Company Index

$18,636

MeasureCWIFNDF

Fee0.30%0.25%

Cost on $10k a year$30$25

Yield2.76%3.10%

5 years, per year+8.7%+13.3%

3 years, per year+20.1%+23.6%

Worst drop · 1Y−11.5%−10.6%

Volatility · 1Y18.2%16.6%

6–0measures won
FNDF first

52.1%

holdings shared

Nov 9, 2026 · $10,000 five years ago, dividends reinvested

VEA vs IEFA

YTD

VanguardVEA

+12.9%

IEFAiShares

+11.1%

+12.9%Year to date+11.1%

2.4%Yield3.4%

$232BAssets$187B

1–1level

End-of-day Nov 9, 2026

VWO vs IEMG

YTD

VanguardVWO

+5.6%

IEMGiShares

+11.7%

+5.6%Year to date+11.7%

2.2%Yield2.4%

$125BAssets$142B

2–0IEMG wins

End-of-day Nov 9, 2026

SCHD vs VIG

YTD

SchwabSCHD

+33.1%

VIGVanguard

+14.8%

+33.1%Year to date+14.8%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 9, 2026

Overlap: CWI, FNDF, VEA, IEMG

Today

62.2%most shared, CWI and VEA

CWIFNDFVEAIEMG

CWI—52.1%62.2%20.2%

FNDF52.1%—59.8%5.9%

VEA62.2%59.8%—9.5%

IEMG20.2%5.9%9.5%—

End-of-day Nov 9, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$285most kept, FNDF

FNDF$310 − $25 = $285

CWI$276 − $30 = $246

VEA$244 − $3 = $241

IEMG$241 − $9 = $232

KeptFee

End-of-day Nov 9, 2026 · yield in dollars minus the fee