Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 3000 Schwab Way Westlake TX United States of America 76262
- IPO Date
- Aug 15, 2013
- CIK
- 0001454889
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab Fundamental Emerging Markets Equity ETF (FNDE) is an exchange-traded fund that seeks to track the total return, before fees and expenses, of the RAFI Fundamental High Liquidity Emerging Markets Index (Net), which measures the performance of large-sized companies in emerging market countries based on fundamental metrics including sales, cash flow, and dividends plus buybacks. The fund provides exposure to a diversified portfolio of approximately 414 equity securities across sectors such as financials (25%), information technology (16%), materials (14%), and energy (12%); top holdings include Taiwan Semiconductor Manufacturing Co. Ltd. (5%), Alibaba Group Holding Ltd. (4%), Vale SA (3%), Hon Hai Precision Industry Co. Ltd. (3%), and China Construction Bank Corp. (3%); country allocations emphasize China (38%), Taiwan (18%), Brazil (11%), India (10%), and South Africa (5%). FNDE employs a passive, representative sampling investment strategy, maintains a total expense ratio of 0.39%, and distributes dividends semi-annually, with a recent 30-day SEC yield of 3.47% and total net assets exceeding $7.9 billion as of December 2025. Launched on August 15, 2013, and issued by Charles Schwab Investment Management, Inc., a subsidiary of The Charles Schwab Corporation headquartered in Westlake, Texas, FNDE operates primarily in U.S. markets while providing investors access to emerging market equities domiciled in regions including Asia, Latin America, and Africa. In March 2024, Schwab Asset Management announced a name change for FNDE from Schwab Fundamental Emerging Markets Large Company Index ETF and a shift in its benchmark index from the Russell RAFI Emerging Markets Large Company Index to the RAFI Fundamental High Liquidity Emerging Markets Index (Net), with the changes taking effect on June 21, 2024, as part of a broader realignment across 12 Schwab Fundamental Index products to enhance liquidity and indexing methodology.