FNDE vs VWO: holdings overlap, shared companies and scores
As of September 11, 2026, FNDE and VWO overlap 43.0% by weight. Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE): Emerging market large stocks. Vanguard FTSE Emerging Markets ETF (VWO): Emerging market stocks.
Updated September 11, 2026
How much do FNDE and VWO overlap?
As of September 11, 2026, FNDE and VWO overlap 43.0% by weight.
94% of FNDE is already inside VWO.
59% of VWO is already inside FNDE.
FNDE holds 337 companies and VWO holds 5,045; 321 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 VWO?
As of September 11, 2026, ETF Copilot scores FNDE 5.9 out of 10 and VWO 5.2 out of 10.
They differ most on Quality: FNDE 3.7 and VWO 7.5.
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 | VWO |
|---|---|---|
| Growth | 8.3 | 8.5 |
| Valuation | 4.9 | 3.6 |
| Risk | 5.8 | 3.0 |
| Quality | 3.7 | 7.5 |
| Return | 5.9 | 2.8 |
VWO is the cheaper of the two at 0.06% 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, VWO charges 0.06% a year, yields 2.62% and holds $162.3B in assets across 5045 positions.
| Measure | FNDE | VWO |
|---|---|---|
| Expense ratio | 0.39% | 0.06% |
| Dividend yield | 4.85% | 2.62% |
| Assets under management | $10.5B | $162.3B |
| Holdings | 337 | 5045 |
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 VWO 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.
VWO trades at 14.9 times earnings, against its own median of 13.2, and is more expensive than 82% of its own 114 monthly readings since 2017.
What moved VWO this week
VWO fell 1.0% in the week to September 11, 2026. The holdings that moved it most were Alibaba (−3.1%), Delta Elec (−7.0%) and Reliance Industries (−4.5%); Taiwan Semiconductor (+1.9%) pushed the other way.
What do FNDE and VWO each hold?
What's inside FNDE: Tech 15%, Semiconductors 5%.
27% of FNDE is its ten largest holdings.
What's inside VWO: Tech 14%, Semiconductors 5%.
29% of VWO is its ten largest holdings.
Compare with similar funds
Cite this
ETF Copilot, “FNDE vs VWO holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/fnde-vs-vwo
- Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)
- Vanguard FTSE Emerging Markets ETF (VWO)
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