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ETF comparison

FNDE vs IEFA

International Emerging vs International Developed.

Schwab Fundamental Emerging Markets Equity ETF · iShares Core MSCI EAFE ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.1 %

2 positions appear in both funds. Buying equal dollars of FNDE and IEFA would leave roughly 0.1% of each dollar exposed to the same underlying securities.

FNDE unmatched 99.5% Shared 0.1% IEFA unmatched 99.5%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In FNDE only
352 positions
Shared
2 positions
In IEFA only
2,611 positions

Side by side

FNDE

Schwab Fundamental Emerging Markets Equity ETF

Schwab · International Emerging

75 composite / 100
Expense ratio
0.39%
Net assets
$10.30B
TTM yield
3.56%
Top-10 conc.
27.4%
IEFA

iShares Core MSCI EAFE ETF

iShares · International Developed

92 composite / 100
Expense ratio
0.070%
Net assets
$190.21B
TTM yield
3.44%
Top-10 conc.
11.9%

Sub-score comparison

61
Cost
93
73
Tax efficiency
76
100
Liquidity
100
75
Concentration
97
—
Tracking quality
—
FNDE sub-score IEFA

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

IEFA is 32 bps cheaper than FNDE. On a $100,000 position that's about $320/yr more in fees for FNDE.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FNDE vs IEFA.

Top shared holdings

2 shared in total
# Holding In FNDE In IEFA Overlap
1 BOC Hong Kong Holdings Ltd 0.26% 0.10% 0.10%
2 Metlen Energy & Metals PLC 0.03% 0.02% 0.02%

Only in FNDE

352 total
  • Taiwan Semiconductor Manufacturing Co Ltd 6.48%
  • Hon Hai Precision Industry Co Ltd 3.31%
  • Vale SA 3.03%
  • Alibaba Group Holding Ltd 2.72%
  • Petroleo Brasileiro SA - Petrobras 2.48%
  • China Construction Bank Corp 2.38%
  • Petroleo Brasileiro SA - Petrobras 2.34%
  • MediaTek Inc 1.80%
  • Tencent Holdings Ltd 1.51%
  • JD.com Inc 1.38%

Only in IEFA

2,611 total
  • ASML Holding N.V. 2.50%
  • HSBC HOLDINGS PLC 1.42%
  • Roche Holding AG 1.20%
  • Novartis AG 1.12%
  • Nestle S.A. 1.00%
  • ASTRAZENECA PLC 1.00%
  • SHELL PLC 1.00%
  • Siemens Aktiengesellschaft 0.95%
  • Mitsubishi UFJ Financial Group, Inc. 0.93%
  • BHP GROUP LIMITED 0.83%

Percentages are holdings overlap with the named fund.

Open FNDE or IEFA at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.