FNDE vs IEMG: holdings overlap, shared companies and scores
As of October 28, 2026, FNDE and IEMG overlap 39.4% by weight. Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE): Emerging market large stocks. iShares Core MSCI Emerging Markets ETF (IEMG): Broad emerging market equities.
Updated October 28, 2026
Where FNDE and IEMG trade against their own history
FNDE trades at 10.5 times earnings, against its own median of 9.3, and is more expensive than 81% of its own last 9 years.
IEMG trades at 13.4 times earnings, against its own median of 13.5, and is cheaper than 51% of its own last 9 years.
What moved FNDE this week
FNDE fell 3.0% in the week to October 28, 2026. The holdings that moved it most were Petroleo Brasileiro SA Preference (−14.3%), Petroleo Brasileiro (−14.0%) and Vale (−9.6%); Sasol (+7.3%) pushed the other way.
What do FNDE and IEMG each hold?
What's inside FNDE: Tech 20%, Semiconductors 9%.
27% of FNDE is its ten largest holdings.
What's inside IEMG: Tech 40%, Semiconductors 24%.
33% of IEMG is its ten largest holdings.
How much do FNDE and IEMG overlap? 39.4% by weight
As of October 28, 2026, FNDE and IEMG overlap 39.4% by weight.
95% of FNDE is already inside IEMG.
50% of IEMG is already inside FNDE.
FNDE holds 344 companies and IEMG holds 2,824; 315 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FNDE and IEMG? 3.6 and 5.8 out of 10
As of October 28, 2026, ETF Copilot scores FNDE 3.6 out of 10 and IEMG 5.8 out of 10.
They differ most on Growth: FNDE 3.3 and IEMG 8.9.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FNDE | IEMG |
|---|---|---|
| Growth | 3.3 | 8.9 |
| Value | 1.9 | 5.1 |
| Risk | 4.8 | 3.6 |
| Quality | 2.3 | 6.9 |
| Return | 4.9 | 4.0 |
IEMG is the cheaper of the two at 0.09% a year
As of October 28, 2026, FNDE charges 0.39% a year, yields 3.62% and holds $10.1B in assets across 344 positions.
As of October 28, 2026, IEMG charges 0.09% a year, yields 2.32% and holds $148.9B in assets across 2824 positions.
| Measure | FNDE | IEMG |
|---|---|---|
| Expense ratio | 0.39% | 0.09% |
| Dividend yield | 3.62% | 2.32% |
| Assets under management | $10.1B | $148.9B |
| Holdings | 344 | 2824 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Compare with similar funds
Cite this
ETF Copilot, “FNDE vs IEMG holdings overlap and scores”, as of October 28, 2026.
https://etf-copilot.com/compare/fnde-vs-iemg
- Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)
- iShares Core MSCI Emerging Markets ETF (IEMG)
ETF Copilot Pro unlocks FNDE vs IEMG prices and holdings.
Try Pro free →