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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
38.8 %

325 positions appear in both funds. Buying equal dollars of FNDE and IEMG would leave roughly 38.8% of each dollar exposed to the same underlying securities.

FNDE unmatched 60.6% Shared 38.8% IEMG unmatched 60.7%

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
22 positions
Shared
325 positions
In IEMG only
2,576 positions

Side by side

FNDE

Schwab Fundamental Emerging Markets Equity ETF

Schwab · International Emerging

76 composite / 100
Expense ratio
0.39%
Net assets
$9.97B
TTM yield
3.67%
Top-10 conc.
26.3%
IEMG

iShares Core MSCI Emerging Markets ETF

iShares · International Emerging

87 composite / 100
Expense ratio
0.090%
Net assets
$145.91B
TTM yield
2.44%
Top-10 conc.
32.7%

Sub-score comparison

61
Cost
91
73
Tax efficiency
76
100
Liquidity
100
77
Concentration
68
—
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

325 shared in total
# Holding In FNDE In IEMG Overlap
1 Taiwan Semiconductor Manufacturing Co Ltd 5.86% 13.17% 5.86%
2 Tencent Holdings Ltd 1.84% 2.52% 1.84%
3 Alibaba Group Holding Ltd 2.78% 1.70% 1.70%
4 MediaTek Inc 1.45% 1.27% 1.27%
5 China Construction Bank Corp 2.60% 0.73% 0.73%
6 Hon Hai Precision Industry Co Ltd 2.71% 0.68% 0.68%
7 Reliance Industries Ltd 0.86% 0.57% 0.57%
8 ICICI Bank Ltd 0.57% 0.56% 0.56%
9 HDFC Bank Ltd 0.50% 0.60% 0.50%
10 Industrial & Commercial Bank of China Ltd 1.58% 0.45% 0.45%
11 ASE Technology Holding Co Ltd 0.92% 0.44% 0.44%
12 Delta Electronics Inc 0.39% 0.80% 0.39%

Only in FNDE

22 total
  • JD.com Inc 1.51%
  • BOC Hong Kong Holdings Ltd 0.28%
  • Ecopetrol SA 0.26%
  • JBS NV 0.23%
  • Bangkok Bank PCL 0.22%
  • KE Holdings Inc 0.15%
  • Steel Authority of India Ltd 0.12%
  • China Everbright Bank Co Ltd 0.12%
  • China Vanke Co Ltd 0.09%
  • Metlen Energy & Metals PLC 0.07%

Only in IEMG

2,576 total
  • Samsung Electronics Co., Ltd. 6.28%
  • SK hynix Inc. 4.76%
  • Samsung Electronics Co., Ltd. 0.77%
  • SK Square Co., Ltd. 0.49%
  • SAMSUNG ELECTRO-MECHANICS CO.,LTD 0.42%
  • ANGLOGOLD ASHANTI PLC 0.40%
  • Nu Holdings Ltd. 0.38%
  • ELITE MATERIAL CO., LTD. 0.35%
  • KB Financial Group Inc. 0.31%
  • HYUNDAI MOTOR COMPANY 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.