FNDE vs SCHD
Schwab Fundamental Emerging Markets Equity ETF vs Schwab US Dividend Equity ETF
Which is better, FNDE or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. FNDE led over 3Y and 5Y, SCHD over 1Y and the full window. FNDE is less concentrated, with 26.3% of the fund in its ten largest positions against 41.8%.
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 | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $10.4B | $112.1B |
| Dividend Yield | 3.61% | 3.00% |
| Holdings | 392 | 103 |
| YTD Return | +15.39% | +23.46%Best |
| 1Y Return | +22.31% | +27.20%Best |
| 3Y Return (annualized) | +21.83%Best | +15.41% |
| 5Y Return (annualized) | +11.27%Best | +10.16% |
| Volatility (annualized) | 17.6% | 14.3%Best |
| Max Drawdown | -45.4% | -33.4%Best |
| $10,000 over 5 years | $17,057Best | $16,223 |
| Top 10 Weight | 26.3%Best | 41.8% |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Aug 15, 2013 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Aug 15, 2013 to Sep 18, 2026 (13.1 years).
FNDE 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 13.1 years both funds cover.
FNDE vs SCHD Performance
Schwab Fundamental Emerging Markets Equity ETF (FNDE) is an ETF from Charles Schwab Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FNDE returned +22.31% while SCHD returned +27.20%. Year to date, FNDE is up 15.39% versus a gain of 23.46% for SCHD.
Over three years, FNDE compounded at +21.83% per year against +15.41% for SCHD; over five years the annualized figures are +11.27% and +10.16% respectively. Across the full 13-year window we track, SCHD has the edge at +10.41% 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 14.3% 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 -45.4% for FNDE 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FNDE charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, FNDE currently yields 3.61% against 3.00% for SCHD.
Holdings Overlap
0.3% of FNDE's money is in holdings SCHD also owns. 0.1% of SCHD's money is in holdings FNDE also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 362 positions we hold weights for in FNDE and 100 in SCHD, against full books of 392 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for FNDE (99.9% of the fund), and 10 for FNDE that do not appear in SCHD (3.0%).
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.
Top Shared Holdings
| Stock | Weight in FNDE | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXXState Street Institutional US Government Money Market Fund | 0.32% | 0.06% | 0.26% |
You are not choosing between two funds in isolation.
Whichever of FNDE 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, FNDE or SCHD?
FNDE has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FNDE or SCHD?
Over the past year FNDE returned +22.31% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), FNDE annualized +5.97% vs +10.41% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNDE or SCHD?
FNDE has been the more volatile fund at 17.6% annualized versus 14.3% for SCHD. Worst drawdown: FNDE -45.4% vs SCHD -33.4%.
Should I hold both FNDE and SCHD?
FNDE and SCHD have a monthly-return correlation of 0.64, 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 SCHD?
FNDE yields 3.61% while SCHD yields 3.00%, so FNDE currently pays the higher dividend yield.
Is SCHD better than FNDE?
SCHD has a lower expense ratio. FNDE led over 3Y and 5Y, SCHD over 1Y and the full window. FNDE is less concentrated, with 26.3% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.