Is Schwab Fundamental Emerging Markets Equity ETF (FNDE) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 20 2024
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Source: NASDAQ.COM
Overview of Schwab Fundamental Emerging Markets Equity ETF (FNDE): FNDE, launched in 2013 and managed by Charles Schwab, is a smart beta ETF focusing on emerging markets with over $6.25 billion in assets, aiming to match the performance of the Russell RAFI Emerging Markets Large Co. Index while maintaining an expense ratio of 0.39% and a 12-month trailing dividend yield of 4.10%.
Investment Considerations: While FNDE offers diversified exposure and has shown positive returns, investors may also explore traditional market cap weighted ETFs like Vanguard FTSE Emerging Markets ETF (VWO) and iShares Core MSCI Emerging Markets ETF (IEMG), which have lower expense ratios and could be more suitable for those seeking cheaper and lower-risk options.
Analyst Views on IEMG
Wall Street analysts forecast IEMG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IEMG is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 71.380
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Current: 71.380
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
