FNDE vs VWO: Differences, Returns & Fees

FNDE and VWO hold 42% 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 $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF.

VWO costs 0.33 points a year less; their one-year returns differ by 11.7 points.

FNDEVWO
Expense ratio0.39%0.06%
Net assets, FNDE as of May 31, 2026 and VWO as of Sep 30, 2026$9.6bn$125.4bn
Total return, 1 year+23.8%+12.1%
What it tracksnot read by ETFIQFTSE Emerging Markets All Cap China A Inclusion Index
Holdings in common42%
Top ten holdings, share of the fund27.4%28.9%

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

+23.8%
FNDE total return, 1 year
+12.1%
VWO total return, 1 year
0.39%
FNDE expense ratio
0.06%
VWO expense ratio

What they hold in common

By the books each fund has filed, FNDE and VWO hold 42% 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 Aug 31, 2026.

half

42% in common

Positions both hold, largest shared weight first
Holding FNDE VWO
Taiwan Semiconductor Manufacturing Co Ltd 6.48% 14.73%
Alibaba Group Holding Ltd 2.71% 2.19%
Tencent Holdings Ltd 1.51% 2.90%
MediaTek Inc 1.79% 1.47%
China Construction Bank Corp 2.38% 0.86%
Hon Hai Precision Industry Co Ltd 3.31% 0.78%
Delta Electronics Inc 0.77% 0.90%
Reliance Industries Ltd 0.80% 0.73%
Industrial & Commercial Bank of China Ltd 1.28% 0.62%
ASE Technology Holding Co Ltd 1.20% 0.49%
HDFC Bank Ltd 0.44% 0.68%
Vale SA 3.03% 0.42%
Only in FNDE
JD.com Inc 1.38%
PTT PCL 0.82%
Lenovo Group Ltd 0.73%
BOC Hong Kong Holdings Ltd 0.26%
JBS NV 0.21%
PTT Global Chemical PCL 0.20%
PTT Exploration & Production PCL 0.19%
Midea Group Co Ltd 0.18%
Only in VWO
SLCMT1142 3.18%
MKTLIQ 1.21%
Anglogold Ashanti Plc 0.46%
Elite Material Co Ltd 0.41%
Naspers Ltd 0.31%
JD.com Inc 0.28%
Asia Vital Components Co Ltd 0.28%
Accton Technology Corp 0.26%

Check overlap with more funds →

On the same fields

FNDE
Schwab Fundamental Emerging Markets Equity ETF
VWO
Vanguard FTSE Emerging Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of Emerging markets
Total return, 1 year +23.8% +12.1%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +6.5 pts −5.1 pts
Expense ratio 0.39% 0.06%
Already in the S&P 500 0.0% 0.0%
Holdings 354 6356
Net assets, FNDE as of May 31, 2026 and VWO as of Sep 30, 2026 $9.6bn $125.4bn

FNDE and VWO 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%.

VWO in plain words

VWO tracks an index of Emerging markets. Over the year to Oct 9, 2026 it returned +12.1% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 6,356 positions, with the top ten at 28.9%.

Questions people ask

Which returned more over the last year, FNDE or VWO?
In the year to Oct 9, 2026, with distributions reinvested, FNDE returned +23.8% and VWO +12.1%.
Which is cheaper, FNDE or VWO?
VWO 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 FNDE and VWO overlap with the S&P 500?
By their latest filed holdings, 0% of FNDE and 0% of VWO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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