FNDE vs SPEM: holdings overlap, shared companies and scores
As of September 11, 2026, FNDE and SPEM overlap 39.9% by weight. Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE): Emerging market large stocks. State Street SPDR Portfolio Emerging Markets ETF (SPEM): Emerging market equities.
Updated September 11, 2026
How much do FNDE and SPEM overlap?
As of September 11, 2026, FNDE and SPEM overlap 39.9% by weight.
84% of FNDE is already inside SPEM.
48% of SPEM is already inside FNDE.
FNDE holds 337 companies and SPEM holds 2,758; 284 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 SPEM?
As of September 11, 2026, ETF Copilot scores FNDE 5.9 out of 10 and SPEM 5.2 out of 10.
They differ most on Return: FNDE 5.9 and SPEM 3.3.
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 | SPEM |
|---|---|---|
| Growth | 8.3 | 8.3 |
| Valuation | 4.9 | 5.8 |
| Risk | 5.8 | 3.4 |
| Quality | 3.7 | 4.9 |
| Return | 5.9 | 3.3 |
SPEM is the cheaper of the two at 0.07% a year
As of September 11, 2026, FNDE charges 0.39% a year, yields 4.85% and holds $10.5B in assets across 337 positions.
As of September 11, 2026, SPEM charges 0.07% a year, yields 3.08% and holds $18.0B in assets across 2758 positions.
| Measure | FNDE | SPEM |
|---|---|---|
| Expense ratio | 0.39% | 0.07% |
| Dividend yield | 4.85% | 3.08% |
| Assets under management | $10.5B | $18.0B |
| Holdings | 337 | 2758 |
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.
Where FNDE and SPEM trade against their own history
FNDE trades at 9.2 times earnings, against its own median of 9.2, and is cheaper than 52% of its own 114 monthly readings since 2017.
SPEM trades at 14.2 times earnings, against its own median of 13.3, and is more expensive than 73% of its own 114 monthly readings since 2017.
What do FNDE and SPEM each hold?
What's inside FNDE: Tech 15%, Semiconductors 5%.
27% of FNDE is its ten largest holdings.
What's inside SPEM: Tech 20%, Semiconductors 7%.
15% of SPEM is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FNDE vs SPEM holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fnde-vs-spem
- Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)
- State Street SPDR Portfolio Emerging Markets ETF (SPEM)
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