FNDE vs. DEM
Compare and contrast key facts about Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) and WisdomTree Emerging Markets Equity Income Fund (DEM).
FNDE and DEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNDE is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental Emerging Markets Large Company Index. It was launched on Aug 15, 2013. DEM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets Equity income Index. It was launched on Jul 13, 2007. Both FNDE and DEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNDE or DEM.
Key characteristics
| FNDE | DEM | |
|---|---|---|
| YTD Return | 3.17% | 2.54% |
| 1Y Return | 13.38% | 17.31% |
| 3Y Return (Ann) | 0.85% | 3.56% |
| 5Y Return (Ann) | 3.92% | 4.74% |
| 10Y Return (Ann) | 3.87% | 3.48% |
| Sharpe Ratio | 0.98 | 1.30 |
| Daily Std Dev | 14.24% | 13.48% |
| Max Drawdown | -43.55% | -51.85% |
| Current Drawdown | -6.51% | -3.24% |
Correlation
The correlation between FNDE and DEM is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FNDE vs. DEM - Performance Comparison
In the year-to-date period, FNDE achieves a 3.17% return, which is significantly higher than DEM's 2.54% return. Over the past 10 years, FNDE has outperformed DEM with an annualized return of 3.87%, while DEM has yielded a comparatively lower 3.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNDE vs. DEM - Expense Ratio Comparison
FNDE has a 0.39% expense ratio, which is lower than DEM's 0.63% expense ratio.
Risk-Adjusted Performance
FNDE vs. DEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) and WisdomTree Emerging Markets Equity Income Fund (DEM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FNDE vs. DEM - Dividend Comparison
FNDE's dividend yield for the trailing twelve months is around 4.59%, less than DEM's 5.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.59% | 4.74% | 5.59% | 4.32% | 2.50% | 3.47% | 3.04% | 2.05% | 1.65% | 2.02% | 1.36% | 0.51% |
DEM WisdomTree Emerging Markets Equity Income Fund | 5.69% | 5.49% | 8.62% | 5.87% | 4.21% | 4.79% | 4.47% | 3.67% | 3.63% | 5.21% | 5.51% | 4.10% |
Drawdowns
FNDE vs. DEM - Drawdown Comparison
The maximum FNDE drawdown since its inception was -43.55%, smaller than the maximum DEM drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for FNDE and DEM. For additional features, visit the drawdowns tool.
Volatility
FNDE vs. DEM - Volatility Comparison
Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) has a higher volatility of 3.63% compared to WisdomTree Emerging Markets Equity Income Fund (DEM) at 3.34%. This indicates that FNDE's price experiences larger fluctuations and is considered to be riskier than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.