Which returned more over the last year, FRDM or SCHE?

In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and SCHE +6.7%.

Which is cheaper, FRDM or SCHE?

SCHE is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FRDM and SCHE overlap with the S&P 500?

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

Data as of Nov 4, 2026.

Across categories

FRDM vs SCHE: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FRDM returned +33.5% to SCHE's +6.7%; 21% of their weight is in the same names.

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Net assets: $3.6bn on Jun 30, 2026 for Freedom 100 Emerging Markets ETF, and $13.0bn on Aug 31, 2026 for Schwab Emerging Markets Equity ETF.

FRDM on its own →SCHE on its own →

At a glance

+33.5%

FRDM total return, 1 year

+6.7%

SCHE total return, 1 year

0.49%

FRDM expense ratio

0.06%

SCHE expense ratio

Pair scorecard

SCHE costs 0.43 points a year less; their one-year returns differ by 26.8 points.

FRDM vs SCHE: Differences, Returns & Fees
Measure	FRDM	SCHE
Return
Measure	FRDM	SCHE
Total return, 1 year	+33.5%	+6.7%
Drawdown
Measure	FRDM	SCHE
Below its high	17.7%, high on Jun 22, 2026	7.6%, high on Sep 4, 2026
Benchmark
Measure	FRDM	SCHE
What it tracks	not read by ETFIQ	FTSE Emerging Index
Cost and size
Measure	FRDM	SCHE
Expense ratio	0.49%	0.06%
Net assets, FRDM as of Jun 30, 2026 and SCHE as of Aug 31, 2026	$3.6bn	$13.0bn
Holdings
Measure	FRDM	SCHE
Holdings in common	21%
Top ten holdings, share of the fund	56.6%	29.8%

Method

What they share

21%

By the books each fund has filed, FRDM and SCHE hold 21% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

21% in common

Positions both hold · largest shared weight first FRDM SCHE

Taiwan Semiconductor Manufacturing Co Ltd 8.52% 16.98%

MediaTek Inc 5.46% 1.68%

Delta Electronics Inc 3.08% 1.03%

Hon Hai Precision Industry Co Ltd 2.50% 0.89%

ASE Technology Holding Co Ltd 1.51% 0.57%

Vale SA 2.65% 0.48%

United Microelectronics Corp 1.43% 0.44%

Gold Fields Ltd 0.52% 0.38%

Grupo Mexico SAB de CV 0.42% 0.36%

Fubon Financial Holding Co Ltd 1.15% 0.35%

CTBC Financial Holding Co Ltd 0.96% 0.33%

Cathay Financial Holding Co Ltd 0.79% 0.30%

Only in one fund ↓

Only in FRDM

Samsung Electronics Co Ltd 13.07%

SK hynix Inc 12.28%

Bank Polska Kasa Opieki SA 2.66%

LPP SA 1.35%

SK Square Co Ltd 1.25%

Dino Polska SA 0.75%

CD Projekt SA 0.69%

Alior Bank SA 0.68%

Only in SCHE

Tencent Holdings Ltd 3.33%

Alibaba Group Holding Ltd 2.54%

China Construction Bank Corp 0.99%

Reliance Industries Ltd 0.83%

HDFC Bank Ltd 0.78%

ICICI Bank Ltd 0.75%

Industrial & Commercial Bank of China Ltd 0.71%

PDD Holdings Inc 0.59%

Check overlap with more funds →

Side by side

FRDM Freedom 100 Emerging Markets ETF SCHE Schwab Emerging Markets Equity ETF

Where it sits Stock ETF Stock ETF

Issuer Life + Liberty Schwab

What it is Tracks an index Tracks an index

Total return, 1 year +33.5% +6.7%

Its benchmark over the same days +14.3% (GSEE) +15.0% (EEM)

Gap to its benchmark +19.2 pts vs GSEE −8.3 pts vs EEM

Expense ratio 0.49% 0.06%

Already in the S&P 500 0.0% 0.0%

Holdings 126 2190

Net assets, FRDM as of Jun 30, 2026 and SCHE as of Aug 31, 2026 $3.6bn $13.0bn

FRDM and SCHE on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund

FRDM

FRDM tracks an index. Over the year to Nov 4, 2026 it returned +33.5% with distributions reinvested, against +14.3% for its benchmark, the Solactive GBS Emerging Markets Large & Mid Cap Index. The prospectus expense ratio is 0.49% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 56.6%. It sat 17.7% below its high of Jun 22, 2026 on Nov 4, 2026.

SCHE

SCHE tracks an index. Over the year to Nov 4, 2026 it returned +6.7% with distributions reinvested, against +15.0% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.06% a year. By its holdings filed for Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,190 positions, with the top ten at 29.8%. It sat 7.6% below its high of Sep 4, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, FRDM or SCHE?: In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and SCHE +6.7%.
Which is cheaper, FRDM or SCHE?: SCHE is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FRDM and SCHE overlap with the S&P 500?: By their latest filed holdings, 0% of FRDM and 0% of SCHE by weight is stocks the S&P 500 already holds.

Other comparisons

FRDM vs SPEM DFAE vs FRDM DFEM vs FRDM AVEM vs FRDM CGNG vs SCHE DFEV vs SCHE DGS vs SCHE AVES vs SCHE

Where to next

FRDM on its own →SCHE on its own →Hold both: look the portfolio through →Rankings →FRDM dividend history →FRDM holdings →SCHE dividend history →SCHE holdings →Standards and sources →

Sources and dates

FRDM filings on SEC EDGAR ↗

FRDM prospectus with the expense ratio (SEC) ↗

SCHE filings on SEC EDGAR ↗

SCHE prospectus with the expense ratio (SEC) ↗

Schwab website ↗

Links are sources, not endorsements. 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, FRDM against SCHE, data as of Nov 4, 2026. https://etfiq.com/compare/any/frdm-vs-sche

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