AFEM vs SCHE
First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF against Schwab Emerging Markets Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
31%
78 shared positions
Fee gap
93 bp
SCHE is cheaper
1-year return gap
—
Larger fund
SCHE
$12.9B
Side by side
| AFEM | SCHE | |
|---|---|---|
| Fund | First Trust Exchange-Traded Fund III First Trust Active Factor Emerging Markets ETF | Schwab Emerging Markets Equity ETF |
| Issuer | First Trust | Schwab |
| Category | Emerging Markets | Emerging Markets |
| Expense ratio | 0.99% | 0.06% |
| Assets | $83M | $12.9B |
| Average daily dollar volume | $404K | $110M |
| Listed | Jun 14, 2016 | Jan 14, 2010 |
| FrenzyCap score | 24 | 91 |
| 1-month return | — | −0.1% |
| 3-month return | — | +2.5% |
| Year to date | — | +12.2% |
| 1-year return | — | +8.4% |
| 30-day volatility | 17.9% | 14.3% |
| Worst drawdown, 1 year | −3.7% | −11.3% |
| Trailing 12-month yield | — | 2.59% |
| Holdings | 112 | 2,183 |
| Top 10 weight | 40.8% | 30.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | $0 thru Jul 2026 | −$40M thru May 2026 |
| 30-day implied volatility | — | 19.1% |
| Holdings as of | as of Apr 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
77% of AFEM · 33% of SCHE| Holding | AFEM | SCHE |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD | 16.09% | 17.05% |
| TENCENT HOLDINGS LTD | 3.46% | 3.15% |
| ALIBABA GROUP HOLDING LTD | 2.15% | 2.57% |
| MEDIATEK INC | 3.45% | 1.88% |
| ICICI BANK LTD | 1.25% | 0.65% |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD (THE) | 2.17% | 0.63% |
| VALE SA | 1.11% | 0.55% |
| UNIMICRON TECHNOLOGY CORP | 3.77% | 0.42% |
| RELIANCE INDUSTRIES LTD | 0.39% | 0.88% |
| PETROLEO BRASILEIRO SA | 1.23% | 0.32% |
| BAJAJ FINANCE LTD | 0.83% | 0.25% |
| MEITUAN LLC | 0.24% | 0.46% |
| TATA CONSULTANCY SERVICES LTD | 0.55% | 0.23% |
| HINDUSTAN UNILEVER LTD | 0.63% | 0.19% |
| SUN PHARMACEUTICAL INDUSTRIES LTD | 0.87% | 0.19% |
| STATE BANK OF INDIA | 1.01% | 0.18% |
| WIWYNN CORP | 0.56% | 0.17% |
| TITAN COMPANY LTD | 0.80% | 0.15% |
| SHRIRAM FINANCE LTD | 1.21% | 0.13% |
| INTERNATIONAL CONTAINER TERMINAL SERVICES INC | 1.87% | 0.12% |
| HCL TECHNOLOGIES LTD | 0.58% | 0.12% |
| GLOBAL UNICHIP CORP | 1.91% | 0.12% |
| ANTA SPORTS PRODUCTS LTD | 0.46% | 0.11% |
| EUROBANK SA | 0.78% | 0.11% |
| KASIKORNBANK PCL | 1.61% | 0.10% |
Sector mix of the stock holdings
| Sector | AFEM | SCHE | Gap |
|---|---|---|---|
| Industrials | 0.0% | 0.6% | −0.6% |
| Consumer Discretionary | 0.0% | 0.2% | −0.2% |
| Technology | 0.0% | 0.2% | −0.2% |
| Communication Services | 0.0% | 0.0% | −0.0% |
| Financials | 0.0% | 0.0% | −0.0% |
| Consumer Staples | 0.0% | 0.0% | −0.0% |
More: full overlap table · AFEM holdings · SCHE holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.