LDEM vs. FNDE
Compare and contrast key facts about iShares ESG MSCI EM Leaders ETF (LDEM) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).
LDEM and FNDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LDEM is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Leaders 5% Issuer Capped Index. It was launched on Feb 5, 2020. 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. Both LDEM and FNDE 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: LDEM or FNDE.
Correlation
The correlation between LDEM and FNDE is 0.86, 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
LDEM vs. FNDE - Performance Comparison
Key characteristics
LDEM:
1.20
FNDE:
1.30
LDEM:
1.80
FNDE:
1.89
LDEM:
1.21
FNDE:
1.24
LDEM:
0.58
FNDE:
1.56
LDEM:
3.46
FNDE:
3.72
LDEM:
5.31%
FNDE:
5.87%
LDEM:
15.32%
FNDE:
16.77%
LDEM:
-40.82%
FNDE:
-43.55%
LDEM:
-19.05%
FNDE:
-5.46%
Returns By Period
In the year-to-date period, LDEM achieves a 7.47% return, which is significantly higher than FNDE's 6.33% return.
LDEM
7.47%
6.93%
5.55%
15.76%
1.52%
N/A
FNDE
6.33%
6.66%
5.27%
18.63%
6.20%
5.96%
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LDEM vs. FNDE - Expense Ratio Comparison
LDEM has a 0.16% expense ratio, which is lower than FNDE's 0.39% expense ratio.
Risk-Adjusted Performance
LDEM vs. FNDE — Risk-Adjusted Performance Rank
LDEM
FNDE
LDEM vs. FNDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI EM Leaders ETF (LDEM) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE). 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
LDEM vs. FNDE - Dividend Comparison
LDEM's dividend yield for the trailing twelve months is around 2.46%, less than FNDE's 4.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDEM iShares ESG MSCI EM Leaders ETF | 2.46% | 2.64% | 3.20% | 4.93% | 1.82% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.53% | 4.82% | 4.74% | 5.59% | 4.31% | 2.49% | 3.47% | 3.05% | 2.05% | 1.65% | 2.02% | 1.36% |
Drawdowns
LDEM vs. FNDE - Drawdown Comparison
The maximum LDEM drawdown since its inception was -40.82%, smaller than the maximum FNDE drawdown of -43.55%. Use the drawdown chart below to compare losses from any high point for LDEM and FNDE. For additional features, visit the drawdowns tool.
Volatility
LDEM vs. FNDE - Volatility Comparison
iShares ESG MSCI EM Leaders ETF (LDEM) has a higher volatility of 4.19% compared to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) at 3.51%. This indicates that LDEM's price experiences larger fluctuations and is considered to be riskier than FNDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.