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

In the year to Oct 9, 2026, with distributions reinvested, EEM returned +26.3% and FNDE +23.8%.

Which is cheaper, EEM or FNDE?

FNDE is cheaper, by 0.33 percentage points a year. That is about $33 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

EEM vs FNDE: Differences, Returns & Fees

EEM and FNDE hold 31% of their weight in the same names, and EEM returned +26.3% over the year. Net assets: $31.0bn on Oct 9, 2026 for iShares MSCI Emerging Markets ETF, and $9.6bn on May 31, 2026 for Schwab Fundamental Emerging Markets Equity ETF.

FNDE costs 0.33 points a year less; their one-year returns differ by 2.5 points; EEM is 2.5 times larger.

	EEM	FNDE
Expense ratio	0.72%	0.39%
Net assets, as of Feb 28, 2025	$16.3bn	$6.4bn
Total return, 1 year	+26.3%	+23.8%
What it tracks	MSCI Emerging Markets Index	not read by ETFIQ
Holdings in common	31%
Top ten holdings, share of the fund	38.9%	27.4%
Below its high	6.2%, high on Jun 22, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.

+26.3%

EEM total return, 1 year

+23.8%

FNDE total return, 1 year

0.72%

EEM expense ratio

0.39%

FNDE expense ratio

What they hold in common

By the books each fund has filed, EEM 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 Oct 8, 2026.

50%

half

31% in common

Positions both hold, largest shared weight first

Holding EEM FNDE

TAIWAN SEMICONDUCTOR MANUFACTURING 16.02% 6.48%

ALIBABA GROUP HOLDING 1.82% 2.71%

MEDIATEK 1.73% 1.79%

TENCENT HOLDINGS 2.62% 1.51%

HON HAI PRECISION INDUSTRY 0.78% 3.31%

DELTA ELECTRONICS 0.98% 0.77%

ASE TECHNOLOGY HOLDING 0.63% 1.20%

RELIANCE INDUSTRIES LTD 0.57% 0.80%

UNIMICRON TECHNOLOGY 0.44% 0.59%

HDFC BANK 0.66% 0.44%

ICICI BANK 0.60% 0.42%

NAN YA PLASTICS CORP 0.38% 0.49%

Only in EEM

SAMSUNG ELECTRONICS LTD 7.46%

SK HYNIX 5.65%

SAMSUNG ELECTRONICS NON VOTING PRE 0.95%

CHINA CONSTRUCTION BANK CORP H 0.84%

SK SQUARE 0.59%

SAMSUNG ELECTRO MECHANICS LTD 0.53%

INDUSTRIAL AND COMMERCIAL BANK OF 0.51%

NU HOLDINGS CLASS A 0.45%

Only in FNDE

Vale SA 3.03%

Petroleo Brasileiro SA - Petrobras 2.34%

Industrial & Commercial Bank of China Ltd 1.28%

United Microelectronics Corp 1.15%

PTT PCL 0.82%

America Movil SAB de CV 0.68%

Grupo Mexico SAB de CV 0.66%

Fomento Economico Mexicano SAB de CV 0.54%

Check overlap with more funds →

On the same fields

EEM

iShares MSCI Emerging Markets ETF

FNDE

Schwab Fundamental Emerging Markets Equity ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Schwab

What it is Tracks an index of Emerging markets Tracks an index

Total return, 1 year +26.3% +23.8%

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

Gap to the S&P 500 +9.0 pts +6.5 pts

Expense ratio 0.72% 0.39%

Already in the S&P 500 0.0% 0.0%

Holdings 1188 354

Net assets, EEM as of Oct 9, 2026 and FNDE as of May 31, 2026 $31.0bn $9.6bn

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

EEM in plain words

EEM tracks an index of Emerging markets. Over the year to Oct 9, 2026 it returned +26.3% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.72% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,188 positions, with the top ten at 38.9%. It sat 6.2% 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. The prospectus expense ratio is 0.39% a year. 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, EEM or FNDE?: In the year to Oct 9, 2026, with distributions reinvested, EEM returned +26.3% and FNDE +23.8%.
Which is cheaper, EEM or FNDE?: FNDE is cheaper, by 0.33 percentage points a year. That is about $33 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and FNDE overlap with the S&P 500?: By their latest filed holdings, 0% of EEM and 0% of FNDE by weight is stocks the S&P 500 already holds.

Other comparisons

EEM vs ESGE EEM vs IEMG DFAE vs EEM EEM vs SCHE FNDE vs IEMG AVEM vs FNDE EMXC vs FNDE FNDE vs SPEM

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

Where these figures came from

EEM filings on SEC EDGAR ↗EEM prospectus with the expense ratio (SEC) ↗iShares page for EEM ↗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, EEM against FNDE, data as of Oct 9, 2026. https://etfiq.com/compare/any/eem-vs-fnde

Open data

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