FNDE vs. ESGE
Compare and contrast key facts about Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) and iShares ESG Aware MSCI EM ETF (ESGE).
FNDE and ESGE 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. ESGE is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Focus Index. It was launched on Jun 28, 2016. Both FNDE and ESGE 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 ESGE.
Performance
FNDE vs. ESGE - Performance Comparison
Returns By Period
In the year-to-date period, FNDE achieves a 14.00% return, which is significantly higher than ESGE's 8.52% return.
FNDE
14.00%
-4.33%
3.07%
19.31%
5.45%
5.05%
ESGE
8.52%
-4.51%
3.36%
12.13%
2.57%
N/A
Key characteristics
| FNDE | ESGE | |
|---|---|---|
| Sharpe Ratio | 1.13 | 0.76 |
| Sortino Ratio | 1.66 | 1.17 |
| Omega Ratio | 1.21 | 1.14 |
| Calmar Ratio | 1.30 | 0.38 |
| Martin Ratio | 5.20 | 3.58 |
| Ulcer Index | 3.64% | 3.35% |
| Daily Std Dev | 16.80% | 15.83% |
| Max Drawdown | -43.55% | -41.07% |
| Current Drawdown | -9.57% | -20.33% |
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FNDE vs. ESGE - Expense Ratio Comparison
FNDE has a 0.39% expense ratio, which is higher than ESGE's 0.25% expense ratio.
Correlation
The correlation between FNDE and ESGE is 0.89, 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.
Risk-Adjusted Performance
FNDE vs. ESGE - 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 iShares ESG Aware MSCI EM ETF (ESGE). 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. ESGE - Dividend Comparison
FNDE's dividend yield for the trailing twelve months is around 4.07%, more than ESGE's 2.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.07% | 4.74% | 5.59% | 4.31% | 2.49% | 3.47% | 3.05% | 2.05% | 1.65% | 2.02% | 1.36% | 0.51% |
ESGE iShares ESG Aware MSCI EM ETF | 2.52% | 2.65% | 2.68% | 2.66% | 1.31% | 2.59% | 2.18% | 1.86% | 0.27% | 0.00% | 0.00% | 0.00% |
Drawdowns
FNDE vs. ESGE - Drawdown Comparison
The maximum FNDE drawdown since its inception was -43.55%, which is greater than ESGE's maximum drawdown of -41.07%. Use the drawdown chart below to compare losses from any high point for FNDE and ESGE. For additional features, visit the drawdowns tool.
Volatility
FNDE vs. ESGE - Volatility Comparison
Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) has a higher volatility of 5.55% compared to iShares ESG Aware MSCI EM ETF (ESGE) at 4.85%. This indicates that FNDE's price experiences larger fluctuations and is considered to be riskier than ESGE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.