FNDE vs PXH
Schwab Fundamental Emerging Markets Equity ETF against Invesco RAFI Emerging Markets ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
57%
202 shared positions
Fee gap
8 bp
FNDE is cheaper
1-year return gap
2.5 pts
FNDE is ahead
Larger fund
FNDE
$10.4B
Side by side
| FNDE | PXH | |
|---|---|---|
| Fund | Schwab Fundamental Emerging Markets Equity ETF | Invesco RAFI Emerging Markets ETF |
| Issuer | Schwab | Invesco |
| Category | Emerging Markets | Emerging Markets |
| Expense ratio | 0.39% | 0.47% |
| Assets | $10.4B | $2.0B |
| Average daily dollar volume | $87M | $6.8M |
| Listed | Aug 15, 2013 | Sep 27, 2007 |
| FrenzyCap score | 86 | 71 |
| 1-month return | −1.3% | −1.9% |
| 3-month return | +4.4% | +2.7% |
| Year to date | +17.5% | +13.2% |
| 1-year return | +15.8% | +13.3% |
| 30-day volatility | 13.0% | 11.9% |
| Worst drawdown, 1 year | −10.2% | −10.2% |
| Trailing 12-month yield | 3.50% | 3.97% |
| Holdings | 373 | 397 |
| Top 10 weight | 27.4% | 29.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | $0 thru May 2026 | −$25M thru Jul 2026 |
| 30-day implied volatility | 44.9% | 42.5% |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 20, 2026issuer data |
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
68% of FNDE · 66% of PXH| Holding | FNDE | PXH |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 6.48% | 5.64% |
| Hon Hai Precision Industry Co Ltd | 3.31% | 2.48% |
| China Construction Bank Corp | 2.38% | 2.66% |
| Vale SA | 3.03% | 1.89% |
| MediaTek Inc | 1.79% | 1.73% |
| Tencent Holdings Ltd | 1.51% | 2.18% |
| Industrial & Commercial Bank of China Ltd | 1.28% | 2.04% |
| Bank of China Ltd | 1.19% | 1.63% |
| Ping An Insurance Group Co of China Ltd | 1.11% | 1.24% |
| PetroChina Co Ltd | 1.25% | 1.09% |
| China Petroleum & Chemical Corp | 0.95% | 0.89% |
| United Microelectronics Corp | 1.15% | 0.82% |
| Reliance Industries Ltd | 0.80% | 0.93% |
| ASE Technology Holding Co Ltd | 1.20% | 0.73% |
| Lenovo Group Ltd | 0.73% | 0.64% |
| Evergreen Marine Corp Taiwan Ltd | 0.61% | 0.68% |
| Saudi Arabian Oil Co | 0.74% | 0.58% |
| Sasol Ltd | 0.90% | 0.56% |
| Grupo Mexico SAB de CV | 0.66% | 0.51% |
| Nan Ya Plastics Corp | 0.49% | 0.91% |
| Baidu Inc | 0.60% | 0.49% |
| Valterra Platinum Ltd | 0.57% | 0.49% |
| Banco do Brasil SA | 0.48% | 0.60% |
| Grupo Financiero Banorte SAB de CV | 0.46% | 0.53% |
| Infosys Ltd | 0.45% | 0.57% |
Sector mix of the stock holdings
| Sector | FNDE | PXH | Gap |
|---|---|---|---|
| Consumer Discretionary | 1.9% | 0.2% | +1.6% |
| Industrials | 0.4% | 0.0% | +0.4% |
| Technology | 0.2% | 0.0% | +0.2% |
| Energy | 0.2% | 0.0% | +0.2% |
| Materials | 0.0% | 0.2% | −0.2% |
| Real Estate | 0.1% | 0.0% | +0.1% |
| Consumer Staples | 0.0% | 0.1% | −0.1% |
| Communication Services | 0.1% | 0.0% | +0.1% |
| Financials | 0.1% | 0.0% | +0.1% |
More: full overlap table · FNDE holdings · PXH 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.