FNDE vs IVV
Schwab Fundamental Emerging Markets Equity ETF vs iShares Core S&P 500 ETF
Which is better, FNDE or IVV?
Large Cap Growth against Large Cap Blend.
IVV has a lower expense ratio. FNDE led over 1Y and 3Y, IVV over 5Y and the full window. FNDE is less concentrated, with 26.3% of the fund in its ten largest positions against 37.8%.
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 | FNDE | IVV |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $10.4B | $876.4B |
| Dividend Yield | 3.61% | 1.06% |
| Holdings | 392 | 508 |
| YTD Return | +15.39%Best | +12.39% |
| 1Y Return | +22.31%Best | +16.61% |
| 3Y Return (annualized) | +21.83%Best | +21.38% |
| 5Y Return (annualized) | +11.27% | +13.51%Best |
| Volatility (annualized) | 17.6% | 14.5%Best |
| Max Drawdown | -45.4% | -33.9%Best |
| $10,000 over 5 years | $17,057 | $18,844Best |
| Top 10 Weight | 26.3%Best | 37.8% |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 15, 2013 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Aug 15, 2013 to Sep 18, 2026 (13.1 years).
FNDE vs IVV 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 13.1 years both funds cover.
FNDE vs IVV Performance
Schwab Fundamental Emerging Markets Equity ETF (FNDE) is an ETF from Charles Schwab Asset Management and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year FNDE returned +22.31% while IVV returned +16.61%. Year to date, FNDE is up 15.39% versus a gain of 12.39% for IVV.
Over three years, FNDE compounded at +21.83% per year against +21.38% for IVV; over five years the annualized figures are +11.27% and +13.51% respectively. Across the full 13-year window we track, IVV has the edge at +13.00% annualized vs +5.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNDE has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 14.5% for IVV. 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 -45.4% for FNDE and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FNDE charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, FNDE currently yields 3.61% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 362 holdings in FNDE and 490 in IVV, totalling 99.5% and 99.3% 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 362 positions we hold weights for in FNDE and 490 in IVV, against full books of 392 and 508.
What only one of them owns
Our book lists 482 positions for IVV that do not appear in our book for FNDE (98.6% of the fund), and 11 for FNDE that do not appear in IVV (3.3%).
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 FNDE and IVV 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, FNDE or IVV?
FNDE has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, FNDE or IVV?
Over the past year FNDE returned +22.31% vs +16.61% for IVV, so FNDE leads on 1-year performance. Over the longest common window we track (13 years), FNDE annualized +5.97% vs +13.00% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNDE or IVV?
FNDE has been the more volatile fund at 17.6% annualized versus 14.5% for IVV. Worst drawdown: FNDE -45.4% vs IVV -33.9%.
Should I hold both FNDE and IVV?
FNDE and IVV have a monthly-return correlation of 0.63, 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, FNDE or IVV?
FNDE yields 3.61% while IVV yields 1.06%, so FNDE currently pays the higher dividend yield.
Is IVV better than FNDE?
IVV has a lower expense ratio. FNDE led over 1Y and 3Y, IVV over 5Y and the full window. FNDE is less concentrated, with 26.3% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.