FNDE vs QQQ
FNDE vs QQQ
Schwab Fundamental Emerging Markets Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. FNDE offers more diversification with 366 holdings.
Side-by-Side Comparison
| Metric | FNDE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $9.6B | $455.8B | |
| Dividend Yield | 3.78% | 0.41% | |
| Holdings | 398 | 108 | |
| YTD Return | +13.26% | +17.27% | |
| 1Y Return | +28.51% | +28.64% | |
| 3Y Return (annualized) | +20.16% | +24.88% | |
| 5Y Return (annualized) | +10.56% | +14.86% | |
| Volatility (annualized) | 17.6% | 30.6% | |
| Max Drawdown | -45.4% | -83.0% | |
| Fund Family | Charles Schwab Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 15, 2013 | Mar 10, 1999 |
FNDE vs QQQ Performance
Schwab Fundamental Emerging Markets Equity ETF (FNDE) is a ETF from Charles Schwab Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year FNDE returned +28.51% while QQQ returned +28.64%. Year to date, FNDE is up 13.26% versus a gain of 17.27% for QQQ.
Over three years, FNDE compounded at +20.16% per year against +24.88% for QQQ; over five years the annualized figures are +10.56% and +14.86% respectively. Across the full 13-year window we track, QQQ has the edge at +13.08% annualized vs +5.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.6% for FNDE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -45.4% for FNDE and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FNDE charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, FNDE currently yields 3.78% against 0.41% for QQQ.
Holdings Overlap
FNDE and QQQ share 1 holdings out of 468 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FNDE | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IE | 0.49% | 0.25% | 0.24% |
Frequently Asked Questions
Which is cheaper, FNDE or QQQ?
FNDE has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, FNDE or QQQ?
Over the past year FNDE returned +28.51% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), FNDE annualized +5.88% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, FNDE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.6% for FNDE. Worst drawdown: FNDE -45.4% vs QQQ -83.0%.
Should I hold both FNDE and QQQ?
FNDE and QQQ have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNDE and QQQ?
FNDE and QQQ share 1 common holdings with a 0.3% weight overlap. Combined, they hold 468 unique securities.
Which pays a higher dividend, FNDE or QQQ?
FNDE yields 3.78% while QQQ yields 0.41%, so FNDE currently pays the higher dividend yield.
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