Which returned more over the last year, DFEM or FNDE?

In the year to Oct 9, 2026, with distributions reinvested, DFEM returned +26.1% and FNDE +23.8%.

Which is cheaper, DFEM or FNDE?

Neither: DFEM and FNDE both charge 0.39% a year. Fees come from each fund's prospectus.

How much do DFEM and FNDE overlap with the S&P 500?

By their latest filed holdings, 0% of DFEM and 0% of FNDE by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

DFEM vs FNDE: Differences, Returns & Fees

DFEM and FNDE hold 31% of their weight in the same names, and DFEM returned +26.1% over the year. Net assets: $9.0bn on Jul 31, 2026 for Dimensional Emerging Markets Core Equity 2 ETF, and $9.6bn on May 31, 2026 for Schwab Fundamental Emerging Markets Equity ETF.

Both cost 0.39% a year; their one-year returns differ by 2.3 points.

Points (pts) are percentage points.

	DFEM	FNDE
Expense ratio	0.39%	0.39%
Net assets, DFEM as of Jul 31, 2026 and FNDE as of May 31, 2026	$9.0bn	$9.6bn
Total return, 1 year	+26.1%	+23.8%
What it tracks	No index, actively managed	not read by ETFIQ
Holdings in common	31%
Top ten holdings, share of the fund	24.3%	27.4%
Below its high	4.3%, high on Jun 22, 2026

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+26.1%

DFEM total return, 1 year

+23.8%

FNDE total return, 1 year

0.39%

DFEM expense ratio

0.39%

FNDE expense ratio

What they hold in common

By the books each fund has filed, DFEM and FNDE hold 31% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

half

31% in common

Positions both hold, largest shared weight first

Holding DFEM FNDE

Taiwan Semiconductor Manufacturing Company Limited 10.26% 6.48%

Tencent Holdings Limited 1.95% 1.51%

Alibaba Group Holding Limited 0.82% 2.71%

CHINA CONSTRUCTION BANK CORPORATION 0.75% 2.38%

Ping An Insurance (Group) Company of China, Ltd. 0.48% 1.11%

HON HAI PRECISION INDUSTRY CO., LTD. 0.46% 3.31%

MediaTek Inc. 0.41% 1.79%

UNIMICRON TECHNOLOGY CORP. 0.39% 0.59%

DELTA ELECTRONICS, INC. 0.36% 0.77%

Petroleo Brasileiro S.A. (Petrobras) 0.36% 2.48%

INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED 0.35% 1.28%

Lenovo Group Limited 0.35% 0.73%

Only in DFEM

Samsung Electronics Co., Ltd. 4.40%

SK hynix Inc. 4.25%

MPI CORPORATION 0.45%

ICICI BANK LIMITED 0.45%

Samsung Electronics Co., Ltd. 0.42%

HDFC BANK LIMITED 0.41%

SAMSUNG ELECTRO-MECHANICS CO.,LTD 0.37%

VALE S.A. 0.33%

Only in FNDE

JD.com Inc 1.38%

PTT PCL 0.82%

Baidu Inc 0.60%

Ping An Insurance Group Co of China Ltd 0.31%

Sociedad Quimica y Minera de Chile SA 0.31%

Formosa Chemicals & Fibre Corp 0.28%

Kasikornbank PCL 0.28%

Metalurgica Gerdau SA 0.27%

Check overlap with more funds →

On the same fields

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

FNDE

Schwab Fundamental Emerging Markets Equity ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional Schwab

What it is Actively managed Tracks an index

Total return, 1 year +26.1% +23.8%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +8.9 pts +6.5 pts

Expense ratio 0.39% 0.39%

Already in the S&P 500 0.0% 0.0%

Holdings 6672 354

Net assets, DFEM as of Jul 31, 2026 and FNDE as of May 31, 2026 $9.0bn $9.6bn

DFEM and FNDE on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DFEM in plain words

DFEM is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +26.1% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.39% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6,672 positions, with the top ten at 24.3%. It sat 4.3% below its high of Jun 22, 2026 on Oct 9, 2026.

FNDE in plain words

FNDE tracks an index. Over the year to Oct 9, 2026 it returned +23.8% with distributions reinvested, against +17.3% for the S&P 500. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 354 positions, with the top ten at 27.4%.

Questions people ask

Which returned more over the last year, DFEM or FNDE?: In the year to Oct 9, 2026, with distributions reinvested, DFEM returned +26.1% and FNDE +23.8%.
Which is cheaper, DFEM or FNDE?: Neither: DFEM and FNDE both charge 0.39% a year. Fees come from each fund's prospectus.
How much do DFEM and FNDE overlap with the S&P 500?: By their latest filed holdings, 0% of DFEM and 0% of FNDE by weight is stocks the S&P 500 already holds.

Other comparisons

DFEM vs ESGE DFEM vs SPEM DFEM vs EMXC AVEM vs DFEM DFEV vs FNDE DGS vs FNDE FNDE vs JEMA FNDE vs GEM

DFEM on its own →FNDE on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFEM filings on SEC EDGAR ↗DFEM prospectus with the expense ratio (SEC) ↗Dimensional website ↗FNDE filings on SEC EDGAR ↗FNDE prospectus with the expense ratio (SEC) ↗Schwab website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFEM against FNDE, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfem-vs-fnde

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.