SFENX vs. RNEM
Compare and contrast key facts about Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) and First Trust Emerging Markets Equity Select ETF (RNEM).
SFENX is managed by Charles Schwab. It was launched on Jan 30, 2008. RNEM is a passively managed fund by First Trust that tracks the performance of the Nasdaq Riskalyze Emerging Markets Equity Select Index. It was launched on Jun 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SFENX or RNEM.
Key characteristics
SFENX | RNEM | |
---|---|---|
YTD Return | 17.63% | 2.35% |
1Y Return | 27.77% | 12.43% |
3Y Return (Ann) | 3.87% | 4.80% |
5Y Return (Ann) | 5.59% | 3.19% |
Sharpe Ratio | 1.83 | 0.86 |
Sortino Ratio | 2.57 | 1.27 |
Omega Ratio | 1.34 | 1.16 |
Calmar Ratio | 1.66 | 1.28 |
Martin Ratio | 9.25 | 4.50 |
Ulcer Index | 2.92% | 2.38% |
Daily Std Dev | 14.73% | 12.46% |
Max Drawdown | -60.58% | -38.38% |
Current Drawdown | -5.74% | -6.12% |
Correlation
The correlation between SFENX and RNEM is 0.72, 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
SFENX vs. RNEM - Performance Comparison
In the year-to-date period, SFENX achieves a 17.63% return, which is significantly higher than RNEM's 2.35% 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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SFENX vs. RNEM - Expense Ratio Comparison
SFENX has a 0.39% expense ratio, which is lower than RNEM's 0.75% expense ratio.
Risk-Adjusted Performance
SFENX vs. RNEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) and First Trust Emerging Markets Equity Select ETF (RNEM). 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
SFENX vs. RNEM - Dividend Comparison
SFENX's dividend yield for the trailing twelve months is around 4.26%, more than RNEM's 1.49% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Schwab Fundamental Emerging Markets Large Company Index Fund | 4.26% | 5.01% | 5.46% | 4.61% | 2.95% | 3.83% | 2.90% | 2.38% | 2.16% | 3.23% | 2.83% | 2.02% |
First Trust Emerging Markets Equity Select ETF | 1.49% | 1.63% | 2.99% | 3.20% | 3.01% | 2.85% | 2.85% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SFENX vs. RNEM - Drawdown Comparison
The maximum SFENX drawdown since its inception was -60.58%, which is greater than RNEM's maximum drawdown of -38.38%. Use the drawdown chart below to compare losses from any high point for SFENX and RNEM. For additional features, visit the drawdowns tool.
Volatility
SFENX vs. RNEM - Volatility Comparison
Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) has a higher volatility of 5.15% compared to First Trust Emerging Markets Equity Select ETF (RNEM) at 3.67%. This indicates that SFENX's price experiences larger fluctuations and is considered to be riskier than RNEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.