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

In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and SPEM +7.4%.

Which is cheaper, FRDM or SPEM?

SPEM is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

Data as of Nov 4, 2026.

Across categories

FRDM vs SPEM: Differences, Returns & Fees

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Over the year to Nov 4, 2026, FRDM returned +33.5% to SPEM's +7.4%; 9% 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 $16.0bn on Nov 3, 2026 for State Street SPDR Portfolio Emerging Markets ETF.

FRDM on its own →SPEM on its own →

At a glance

+33.5%

FRDM total return, 1 year

+7.4%

SPEM total return, 1 year

0.49%

FRDM expense ratio

0.07%

SPEM expense ratio

Pair scorecard

SPEM costs 0.42 points a year less; their one-year returns differ by 26.1 points.

FRDM vs SPEM: Differences, Returns & Fees
Measure	FRDM	SPEM
Return
Measure	FRDM	SPEM
Total return, 1 year	+33.5%	+7.4%
Drawdown
Measure	FRDM	SPEM
Below its high	17.7%, high on Jun 22, 2026	7.9%, high on Sep 4, 2026
Benchmark
Measure	FRDM	SPEM
What it tracks	not read by ETFIQ	S&P Emerging BMI Index
Cost and size
Measure	FRDM	SPEM
Expense ratio	0.49%	0.07%
Net assets, FRDM as of Jun 30, 2026 and SPEM as of Nov 3, 2026	$3.6bn	$16.0bn
Holdings
Measure	FRDM	SPEM
Holdings in common	9%
Top ten holdings, share of the fund	56.6%	25.5%

Method

What they share

By the books each fund has filed, FRDM and SPEM hold 9% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

9% in common

Positions both hold · largest shared weight first FRDM SPEM

MediaTek Inc 5.46% 1.54%

Hon Hai Precision Industry Co Ltd 2.50% 0.90%

Delta Electronics Inc 3.08% 0.69%

Fubon Financial Holding Co Ltd 1.15% 0.48%

United Microelectronics Corp 1.43% 0.38%

Cathay Financial Holding Co Ltd 0.79% 0.38%

Gold Fields Ltd 0.52% 0.30%

Vale SA 2.65% 0.29%

FirstRand Ltd 0.61% 0.25%

Quanta Computer Inc 0.83% 0.24%

Standard Bank Group Ltd 0.49% 0.21%

Chunghwa Telecom Co Ltd 0.60% 0.20%

Only in one fund ↓

Only in FRDM

Samsung Electronics Co Ltd 13.07%

SK hynix Inc 12.28%

Taiwan Semiconductor Manufacturing Co Ltd 8.52%

Bank Polska Kasa Opieki SA 2.66%

ASE Technology Holding Co Ltd 1.51%

Banco de Credito e Inversiones SA 1.44%

SK Square Co Ltd 1.25%

CTBC Financial Holding Co Ltd 0.96%

Only in SPEM

TAIWAN SEMICONDUCTOR MANUFAC 14.14%

TENCENT HOLDINGS LTD 2.63%

ALIBABA GROUP HOLDING LTD 2.11%

CHINA CONSTRUCTION BANK H 1.08%

RELIANCE INDS SPONS GDR 144A 0.82%

HDFC BANK LIMITED 0.81%

ICICI BANK LTD SPON ADR 0.79%

ASE TECHNOLOGY HOLDING CO LT 0.67%

Check overlap with more funds →

Side by side

FRDM Freedom 100 Emerging Markets ETF SPEM State Street SPDR Portfolio Emerging Markets ETF

Where it sits Stock ETF Stock ETF

Issuer Life + Liberty State Street

What it is Tracks an index Tracks an index

Total return, 1 year +33.5% +7.4%

Its benchmark over the same days +14.3% (GSEE) +16.8% (CWI)

Gap to its benchmark +19.2 pts vs GSEE −9.4 pts vs CWI

Expense ratio 0.49% 0.07%

Already in the S&P 500 0.0% 0.0%

Holdings 126 2745

Net assets, FRDM as of Jun 30, 2026 and SPEM as of Nov 3, 2026 $3.6bn $16.0bn

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

Alert

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.

SPEM

SPEM tracks an index. Over the year to Nov 4, 2026 it returned +7.4% with distributions reinvested, against +16.8% for its benchmark, the MSCI All Country World ex USA Index. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,745 positions, with the top ten at 25.5%. It sat 7.9% below its high of Sep 4, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, FRDM or SPEM?: In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and SPEM +7.4%.
Which is cheaper, FRDM or SPEM?: SPEM is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FRDM and SPEM overlap with the S&P 500?: By their latest filed holdings, 0% of FRDM and 0% of SPEM by weight is stocks the S&P 500 already holds.

Other comparisons

FRDM vs SCHE EEM vs FRDM ESGE vs FRDM DEM vs FRDM DGS vs SPEM AVES vs SPEM DVYE vs SPEM JHEM vs SPEM

Where to next

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

Sources and dates

FRDM filings on SEC EDGAR ↗

FRDM prospectus with the expense ratio (SEC) ↗

SPEM filings on SEC EDGAR ↗

SPEM prospectus with the expense ratio (SEC) ↗

State Street 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 SPEM, data as of Nov 4, 2026. https://etfiq.com/compare/any/frdm-vs-spem

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