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

In the year to Oct 9, 2026, with distributions reinvested, FNDE returned +23.8% and SPEM +13.7%.

Which is cheaper, FNDE or SPEM?

SPEM is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

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FNDE vs SPEM: Differences, Returns & Fees

FNDE and SPEM hold 41% of their weight in the same names, and FNDE returned +23.8% over the year. Net assets: $9.6bn on May 31, 2026 for Schwab Fundamental Emerging Markets Equity ETF, and $17.5bn on Oct 8, 2026 for State Street SPDR Portfolio Emerging Markets ETF.

SPEM costs 0.32 points a year less; their one-year returns differ by 10.1 points; SPEM is 1.6 times larger.

	FNDE	SPEM
Expense ratio	0.39%	0.07%
Net assets, as of Feb 28, 2025	$6.4bn	$10.3bn
Total return, 1 year	+23.8%	+13.7%
What it tracks	not read by ETFIQ	S&P Emerging BMI Index ?
Holdings in common	41%
Top ten holdings, share of the fund	27.4%	26.5%

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

+23.8%

FNDE total return, 1 year

+13.7%

SPEM total return, 1 year

0.39%

FNDE expense ratio

0.07%

SPEM expense ratio

What they hold in common

By the books each fund has filed, FNDE and SPEM hold 41% 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

41% in common

Positions both hold, largest shared weight first

Holding FNDE SPEM

Taiwan Semiconductor Manufacturing Co Ltd 6.48% 15.00%

Alibaba Group Holding Ltd 2.71% 2.02%

MediaTek Inc 1.79% 1.88%

Tencent Holdings Ltd 1.51% 2.58%

China Construction Bank Corp 2.38% 0.96%

Hon Hai Precision Industry Co Ltd 3.31% 0.87%

ASE Technology Holding Co Ltd 1.20% 0.77%

Delta Electronics Inc 0.77% 1.03%

Industrial & Commercial Bank of China Ltd 1.28% 0.55%

Bank of China Ltd 1.19% 0.50%

Unimicron Technology Corp 0.59% 0.49%

Nan Ya Plastics Corp 0.49% 0.48%

Only in FNDE

Petroleo Brasileiro SA - Petrobras 2.48%

Petroleo Brasileiro SA - Petrobras 2.34%

JD.com Inc 1.38%

United Microelectronics Corp 1.15%

PTT PCL 0.82%

Reliance Industries Ltd 0.80%

Itau Unibanco Holding SA 0.69%

Banco Bradesco SA 0.46%

Only in SPEM

RELIANCE INDS SPONS GDR 144A 0.69%

ICICI BANK LTD SPON ADR 0.68%

UNITED MICROELECTRON SP ADR 0.49%

NU HOLDINGS LTD/CAYMAN ISL A 0.45%

ITAU UNIBANCO H SPON PRF ADR 0.45%

ELITE MATERIAL CO LTD 0.44%

PETROLEO BRASIL SP PREF ADR 0.38%

PETROLEO BRASILEIRO SPON ADR 0.36%

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On the same fields

FNDE

Schwab Fundamental Emerging Markets Equity ETF

SPEM

State Street SPDR Portfolio Emerging Markets ETF

Where it sits Stock ETF Stock ETF

Issuer Schwab State Street

What it is Tracks an index Tracks an index

Total return, 1 year +23.8% +13.7%

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

Gap to the S&P 500 +6.5 pts −3.6 pts

Expense ratio 0.39% 0.07%

Already in the S&P 500 0.0% 0.0%

Holdings 354 2746

Net assets, FNDE as of May 31, 2026 and SPEM as of Oct 8, 2026 $9.6bn $17.5bn

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

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%.

SPEM in plain words

SPEM tracks an index. Over the year to Oct 9, 2026 it returned +13.7% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.07% 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 2,746 positions, with the top ten at 26.5%.

Questions people ask

Which returned more over the last year, FNDE or SPEM?: In the year to Oct 9, 2026, with distributions reinvested, FNDE returned +23.8% and SPEM +13.7%.
Which is cheaper, FNDE or SPEM?: SPEM is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FNDE and SPEM overlap with the S&P 500?: By their latest filed holdings, 0% of FNDE and 0% of SPEM by weight is stocks the S&P 500 already holds.

Other comparisons

FNDE vs SCHE EEM vs FNDE DEM vs FNDE EEMV vs FNDE AVEM vs SPEM DFEV vs SPEM DGS vs SPEM AVES vs SPEM

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

Where these figures came from

FNDE filings on SEC EDGAR ↗FNDE prospectus with the expense ratio (SEC) ↗Schwab website ↗SPEM filings on SEC EDGAR ↗SPEM prospectus with the expense ratio (SEC) ↗State Street 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, FNDE against SPEM, data as of Oct 9, 2026. https://etfiq.com/compare/any/fnde-vs-spem

Open data

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