FNDE vs GEM: Differences, Returns & Fees
FNDE and GEM hold 37% of their weight in the same names, and GEM returned +26.6% over the year. Net assets: $9.6bn on May 31, 2026 for Schwab Fundamental Emerging Markets Equity ETF, and $1.8bn on Oct 8, 2026 for Goldman Sachs ActiveBeta Emerging Markets Equity ETF.
GEM costs 0.04 points a year less; their one-year returns differ by 2.8 points; FNDE is 5.7 times larger.
| FNDE | GEM | |
|---|---|---|
| Expense ratio | 0.39% | 0.35% |
| Net assets, as of May 31, 2026 | $9.6bn | $1.7bn |
| Total return, 1 year | +23.8% | +26.6% |
| What it tracks | not read by ETFIQ | Goldman Sachs ActiveBeta Emerging Markets Equity Index |
| Holdings in common | 37% | |
| Top ten holdings, share of the fund | 27.4% | 36.9% |
| Below its high | 5.9%, high on Jun 22, 2026 | |
Holdings in common uses holdings dated May 31, 2026.
What they hold in common
By the books each fund has filed, FNDE and GEM hold 37% 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.
half
37% in common
On the same fields
FNDE and GEM on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About FNDE
FNDE tracks an index. Over the year to Oct 9, 2026 it returned +23.8% with distributions reinvested. 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%.
About GEM
GEM tracks an index. Over the year to Oct 9, 2026 it returned +26.6% with distributions reinvested. The prospectus expense ratio is 0.35% 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 743 positions, with the top ten at 36.9%. It sat 5.9% below its high of Jun 22, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, FNDE or GEM?
- In the year to Oct 9, 2026, with distributions reinvested, FNDE returned +23.8% and GEM +26.6%.
- Which is cheaper, FNDE or GEM?
- GEM is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
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, FNDE against GEM, data as of Oct 9, 2026. https://etfiq.com/compare/any/fnde-vs-gem
ETFIQ. (Oct 9, 2026). FNDE against GEM. Retrieved from https://etfiq.com/compare/any/fnde-vs-gem
[FNDE against GEM (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/fnde-vs-gem)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.