SCHE vs XCEM: Differences, Returns & Fees

SCHE and XCEM hold 51% of their weight in the same names, and XCEM returned +43.8% over the year. Net assets: $12.7bn on May 31, 2026 for Schwab Emerging Markets Equity ETF, and $2.1bn on Jun 30, 2026 for Columbia EM Core ex-China ETF.

SCHE costs 0.10 points a year less; their one-year returns differ by 31.2 points.

SCHEXCEM
Expense ratio0.06%0.16%
Net assets, SCHE as of May 31, 2026 and XCEM as of Jun 30, 2026$12.7bn$2.1bn
Total return, 1 year+12.6%+43.8%
What it tracksFTSE Emerging IndexBeta Thematic Emerging Markets ex-China Index
Holdings in common51%
Top ten holdings, share of the fund30.3%37.4%
Below its high6.4%, high on Jun 22, 2026

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+12.6%
SCHE total return, 1 year
+43.8%
XCEM total return, 1 year
0.06%
SCHE expense ratio
0.16%
XCEM expense ratio

What they hold in common

By the books each fund has filed, SCHE and XCEM hold 51% 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 Jun 30, 2026.

half

51% in common

Positions both hold, largest shared weight first
Holding SCHE XCEM
Taiwan Semiconductor Manufacturing Co Ltd 17.05% 14.94%
MediaTek Inc 1.88% 1.57%
Delta Electronics Inc 1.40% 1.49%
Hon Hai Precision Industry Co Ltd 1.04% 1.05%
Reliance Industries Ltd 0.88% 0.81%
ASE Technology Holding Co Ltd 0.59% 0.90%
United Microelectronics Corp 0.50% 0.72%
Vale SA 0.55% 0.49%
Al Rajhi Bank 0.49% 0.64%
Elite Material Co Ltd 0.44% 0.64%
Bharti Airtel Ltd 0.54% 0.42%
Unimicron Technology Corp 0.42% 0.67%
Only in SCHE
Tencent Holdings Ltd 3.15%
Alibaba Group Holding Ltd 2.57%
China Construction Bank Corp 0.88%
HDFC Bank Ltd 0.83%
ICICI Bank Ltd 0.65%
Industrial & Commercial Bank of China Ltd 0.63%
PDD Holdings Inc 0.60%
Xiaomi Corp 0.57%
Only in XCEM
Samsung Electronics Co Ltd 9.69%
SK hynix Inc 4.56%
Samsung Electro-Mechanics Co Ltd 1.40%
SK Square Co Ltd 0.94%
HDFC Bank Ltd 0.91%
ICICI Bank Ltd 0.85%
International Holding Co PJSC 0.81%
iShares Semiconductor ETF 0.79%

Check overlap with more funds →

On the same fields

SCHE
Schwab Emerging Markets Equity ETF
XCEM
Columbia EM Core ex-China ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +12.6% +43.8%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −4.7 pts +26.5 pts
Expense ratio 0.06% 0.16%
Already in the S&P 500 0.0% 0.0%
Holdings 2178 449
Net assets, SCHE as of May 31, 2026 and XCEM as of Jun 30, 2026 $12.7bn $2.1bn

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

SCHE in plain words

SCHE tracks an index. Over the year to Oct 9, 2026 it returned +12.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.06% 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 2,178 positions, with the top ten at 30.3%.

XCEM in plain words

XCEM tracks an index. Over the year to Oct 9, 2026 it returned +43.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.16% 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 449 positions, with the top ten at 37.4%. It sat 6.4% below its high of Jun 22, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, SCHE or XCEM?
In the year to Oct 9, 2026, with distributions reinvested, SCHE returned +12.6% and XCEM +43.8%.
Which is cheaper, SCHE or XCEM?
SCHE is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SCHE and XCEM overlap with the S&P 500?
By their latest filed holdings, 0% of SCHE and 0% of XCEM by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, SCHE against XCEM, data as of Oct 9, 2026. https://etfiq.com/compare/any/sche-vs-xcem

Open data

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