EMM vs SCHD
Global X Emerging Markets ex-China ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. EMM delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | EMM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.66% | 0.06% | |
| AUM | $56M | $103.7B | |
| Dividend Yield | 0.73% | 3.31% | |
| Holdings | 47 | 104 | |
| YTD Return | +23.43% | +24.26% | |
| 1Y Return | +41.66% | +31.38% | |
| 3Y Return (annualized) | +19.30% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 19.0% | 13.6% | |
| Max Drawdown | -22.0% | -33.4% | |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 24, 2010 | Oct 20, 2011 |
EMM vs SCHD Performance
Global X Emerging Markets ex-China ETF (EMM) is a ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year EMM returned +41.66% while SCHD returned +31.38%. Year to date, EMM is up 23.43% versus a gain of 24.26% for SCHD.
Over three years, EMM compounded at +19.30% per year against +15.08% for SCHD. Across the full 3-year window we track, EMM has the edge at +18.42% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMM has been the more volatile fund, with annualized monthly volatility of 19.0% 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 -22.0% for EMM and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EMM charges 0.66% per year while SCHD charges 0.06%. On a $10,000 position that is $66 vs $6 annually, a gap of $60 per year that compounds over a long holding period. On income, EMM currently yields 0.73% against 3.31% for SCHD.
Holdings Overlap
EMM and SCHD share 0 holdings out of 144 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EMM or SCHD?
EMM has an expense ratio of 0.66% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $60 per year of difference.
Which performed better, EMM or SCHD?
Over the past year EMM returned +41.66% vs +31.38% for SCHD, so EMM leads on 1-year performance. Over the longest common window we track (3 years), EMM annualized +18.42% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, EMM or SCHD?
EMM has been the more volatile fund at 19.0% annualized versus 13.6% for SCHD. Worst drawdown: EMM -22.0% vs SCHD -33.4%.
Should I hold both EMM and SCHD?
EMM and SCHD have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMM and SCHD?
EMM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 144 unique securities.
Which pays a higher dividend, EMM or SCHD?
EMM yields 0.73% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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