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ETF comparison

FNDE vs IEMG

Both International Emerging.

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

Holdings overlap

Weighted by ISIN/CUSIP
38.4 %

333 positions appear in both funds. Buying equal dollars of FNDE and IEMG would leave roughly 38.4% of each dollar exposed to the same underlying securities.

FNDE unmatched 61.2% Shared 38.4% IEMG unmatched 61.1%

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
21 positions
Shared
333 positions
In IEMG only
2,334 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%
IEMG

iShares Core MSCI Emerging Markets ETF

iShares · International Emerging

86 composite / 100
Expense ratio
0.090%
Net assets
$160.08B
TTM yield
2.37%
Top-10 conc.
34.0%

Sub-score comparison

61
Cost
91
73
Tax efficiency
76
100
Liquidity
100
75
Concentration
66
—
Tracking quality
—
FNDE sub-score IEMG

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

Cost difference

IEMG is 30 bps cheaper than FNDE. On a $100,000 position that's about $300/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 IEMG.

Top shared holdings

333 shared in total
# Holding In FNDE In IEMG Overlap
1 Taiwan Semiconductor Manufacturing Co Ltd 6.48% 12.49% 6.48%
2 Alibaba Group Holding Ltd 2.72% 1.82% 1.82%
3 Tencent Holdings Ltd 1.51% 2.37% 1.51%
4 MediaTek Inc 1.80% 1.42% 1.42%
5 Hon Hai Precision Industry Co Ltd 3.31% 0.79% 0.79%
6 Delta Electronics Inc 0.77% 1.02% 0.77%
7 China Construction Bank Corp 2.38% 0.71% 0.71%
8 Reliance Industries Ltd 0.80% 0.58% 0.58%
9 HDFC Bank Ltd 0.44% 0.61% 0.44%
10 ASE Technology Holding Co Ltd 1.20% 0.44% 0.44%
11 ICICI Bank Ltd 0.42% 0.48% 0.42%
12 Vale SA 3.03% 0.41% 0.41%

Only in FNDE

21 total
  • JD.com Inc 1.38%
  • BOC Hong Kong Holdings Ltd 0.26%
  • Ecopetrol SA 0.21%
  • JBS NV 0.21%
  • Bangkok Bank PCL 0.19%
  • KE Holdings Inc 0.15%
  • Steel Authority of India Ltd 0.13%
  • China Everbright Bank Co Ltd 0.13%
  • China Vanke Co Ltd 0.09%
  • Rajesh Exports Ltd 0.09%

Only in IEMG

2,334 total
  • Samsung Electronics Co., Ltd. 6.80%
  • SK hynix Inc. 5.82%
  • Samsung Electronics Co., Ltd. 0.74%
  • SAMSUNG ELECTRO-MECHANICS CO.,LTD 0.54%
  • SK Square Co., Ltd. 0.53%
  • HYUNDAI MOTOR COMPANY 0.44%
  • ELITE MATERIAL CO., LTD. 0.34%
  • ANGLOGOLD ASHANTI PLC 0.33%
  • Nu Holdings Ltd. 0.31%
  • NASPERS LIMITED 0.28%

Percentages are holdings overlap with the named fund.

Open FNDE or IEMG 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.