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ETF comparison

FNDE vs SPEM

Both International Emerging.

Schwab Fundamental Emerging Markets Equity ETF · State Street SPDR Portfolio Emerging Markets ETF

Holdings overlap

Weighted by ISIN/CUSIP
40.3 %

289 positions appear in both funds. Buying equal dollars of FNDE and SPEM would leave roughly 40.3% of each dollar exposed to the same underlying securities.

FNDE unmatched 59.3% Shared 40.3% SPEM unmatched 59.8%

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
65 positions
Shared
289 positions
In SPEM only
2,626 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%
SPEM

State Street SPDR Portfolio Emerging Markets ETF

State Street · International Emerging

89 composite / 100
Expense ratio
0.070%
Net assets
$17.54B
TTM yield
2.62%
Top-10 conc.
26.3%

Sub-score comparison

61
Cost
93
73
Tax efficiency
75
100
Liquidity
100
75
Concentration
77
—
Tracking quality
—
FNDE sub-score SPEM

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

Cost difference

SPEM 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 SPEM.

Top shared holdings

289 shared in total
# Holding In FNDE In SPEM Overlap
1 Taiwan Semiconductor Manufacturing Co Ltd 6.48% 14.65% 6.48%
2 MediaTek Inc 1.80% 1.82% 1.80%
3 Alibaba Group Holding Ltd 2.72% 1.79% 1.79%
4 Tencent Holdings Ltd 1.51% 2.74% 1.51%
5 Hon Hai Precision Industry Co Ltd 3.31% 0.93% 0.93%
6 ASE Technology Holding Co Ltd 1.20% 0.82% 0.82%
7 China Construction Bank Corp 2.38% 0.81% 0.81%
8 Delta Electronics Inc 0.77% 1.13% 0.77%
9 Industrial & Commercial Bank of China Ltd 1.28% 0.50% 0.50%
10 Unimicron Technology Corp 0.59% 0.50% 0.50%
11 HDFC Bank Ltd 0.44% 0.83% 0.44%
12 Bank of China Ltd 1.19% 0.42% 0.42%

Only in FNDE

65 total
  • Petroleo Brasileiro SA - Petrobras 2.48%
  • Petroleo Brasileiro SA - Petrobras 2.34%
  • JD.com Inc 1.38%
  • United Microelectronics Corp 1.15%
  • PTT PCL 0.82%
  • Reliance Industries Ltd 0.80%
  • Itau Unibanco Holding SA 0.68%
  • Banco Bradesco SA 0.46%
  • Infosys Ltd 0.45%
  • Gerdau SA 0.43%

Only in SPEM

2,626 total
  • Reliance Industries Ltd 0.80%
  • ICICI Bank Ltd 0.71%
  • United Microelectronics Corp 0.67%
  • Elite Material Co Ltd 0.40%
  • Delta Electronics Thailand PCL 0.40%
  • Vale SA 0.39%
  • Itau Unibanco Holding SA 0.38%
  • Naspers Ltd 0.37%
  • NU Holdings Ltd/Cayman Islands 0.37%
  • Infosys Ltd 0.33%

Percentages are holdings overlap with the named fund.

Open FNDE or SPEM 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.