EMF vs SCHD
Templeton Emerging Markets Fund vs Schwab US Dividend Equity ETF
Which is better, EMF or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. EMF led over 1Y, 3Y and 5Y, SCHD over the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 58.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMF | SCHD |
|---|---|---|
| Expense Ratio | 1.50% | 0.06%Best |
| AUM | $6,444.06 | $112.2B |
| Dividend Yield | 6.95% | 3.13% |
| Holdings | 100 | 103 |
| YTD Return | +36.55%Best | +27.56% |
| 1Y Return | +65.98%Best | +30.29% |
| 3Y Return (annualized) | +35.00%Best | +16.37% |
| 5Y Return (annualized) | +13.20%Best | +10.23% |
| Volatility (annualized) | 21.6% | 13.6%Best |
| Max Drawdown | -59.5% | -33.4%Best |
| $10,000 over 5 years | $18,588Best | $16,274 |
| Top 10 Weight | 58.5% | 41.5%Best |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 27, 1987 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
EMF vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
EMF vs SCHD Performance
Templeton Emerging Markets Fund (EMF) is an ETF from Franklin Templeton Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EMF returned +65.98% while SCHD returned +30.29%. Year to date, EMF is up 36.55% versus a gain of 27.56% for SCHD.
Over three years, EMF compounded at +35.00% per year against +16.37% for SCHD; over five years the annualized figures are +13.20% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +4.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMF has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -59.5% for EMF and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMF charges 1.50% per year while SCHD charges 0.06%. On a $10,000 position that is $150 vs $6 annually, a gap of $144 per year that compounds over a long holding period. On income, EMF currently yields 6.95% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 89 holdings in EMF and 100 in SCHD, totalling 103.4% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 89 positions we hold weights for in EMF and 100 in SCHD, against full books of 100 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for EMF (99.9% of the fund), and 5 for EMF that do not appear in SCHD (4.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of EMF and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMF or SCHD?
EMF has an expense ratio of 1.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $144 a year on a $10,000 investment.
Which performed better, EMF or SCHD?
Over the past year EMF returned +65.98% vs +30.29% for SCHD, so EMF leads on 1-year performance. Over the longest common window we track (15 years), EMF annualized +4.49% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMF or SCHD?
EMF has been the more volatile fund at 21.6% annualized versus 13.6% for SCHD. Worst drawdown: EMF -59.5% vs SCHD -33.4%.
Should I hold both EMF and SCHD?
EMF and SCHD have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EMF or SCHD?
EMF yields 6.95% while SCHD yields 3.13%, so EMF currently pays the higher dividend yield.
Is SCHD better than EMF?
SCHD has a lower expense ratio. EMF led over 1Y, 3Y and 5Y, SCHD over the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 58.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.