FEMR vs SCHD
Fidelity Enhanced Emerging Markets ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. FEMR delivered stronger 1-year returns. FEMR offers more diversification with 149 holdings.
Side-by-Side Comparison
| Metric | FEMR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.06% | |
| AUM | $167M | $108.7B | |
| Dividend Yield | 1.55% | 3.13% | |
| Holdings | 149 | 104 | |
| YTD Return | +24.29% | +26.54% | |
| 1Y Return | +44.03% | +30.90% | |
| 3Y Return (annualized) | - | +16.29% | |
| 5Y Return (annualized) | - | +9.65% | |
| Volatility (annualized) | 19.0% | 13.6% | |
| Max Drawdown | -15.6% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Nov 19, 2024 | Oct 20, 2011 |
FEMR vs SCHD Performance
Fidelity Enhanced Emerging Markets ETF (FEMR) is a ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FEMR returned +44.03% while SCHD returned +30.90%. Year to date, FEMR is up 24.29% versus a gain of 26.54% for SCHD.
Risk: Volatility and Drawdowns
FEMR 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 -15.6% for FEMR 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FEMR charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, FEMR currently yields 1.55% against 3.13% for SCHD.
Holdings Overlap
FEMR and SCHD share 0 holdings out of 248 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, FEMR or SCHD?
FEMR has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FEMR or SCHD?
Over the past year FEMR returned +44.03% vs +30.90% for SCHD, so FEMR leads on 1-year performance. Over the longest common window we track (2 years), FEMR annualized +35.72% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, FEMR or SCHD?
FEMR has been the more volatile fund at 19.0% annualized versus 13.6% for SCHD. Worst drawdown: FEMR -15.6% vs SCHD -33.4%.
Should I hold both FEMR and SCHD?
FEMR and SCHD have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FEMR and SCHD?
FEMR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 248 unique securities.
Which pays a higher dividend, FEMR or SCHD?
FEMR yields 1.55% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.