FNDE Fees and Costs — Schwab Fundamental Emerging Markets Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.5M in broker commissions, 0.0201% of average net assets, and portfolio turnover was 16%.
FNDE Fees and Expenses
Annual operating expenses and sales charges of FNDE. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
FNDE Costs Over Time
On $10,000 invested in FNDE, assuming 5% a year before costs, total costs come to $260 over 5 years, cutting the return by 0.43% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $43 | $142 | $260 |
| Value after costs | $10,457 | $11,434 | $12,503 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
FNDE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0201%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $89.0M
- Portfolio turnover (prospectus): 16%
- Securities on loan, average value: $42.3M
- Net income from securities lending: $2.7M (0.036% of average net assets)
FNDE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $573K | 40.20% |
| Goldman Sachs & Co. LLC | $209K | 14.70% |
| BofA Securities, Inc. | $161K | 11.28% |
| Scotia Capital (USA) Inc. | $147K | 10.29% |
| UBS Securities LLC | $72K | 5.07% |
| XP Investments US, LLC | $62K | 4.36% |
| Morgan Stanley & Co. LLC | $61K | 4.30% |
| Stonex Financial Inc. | $56K | 3.90% |
| Macquarie Capital (USA) Inc. | $52K | 3.66% |
| Citigroup Global Markets Inc. | $32K | 2.23% |
FNDE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $27.4M | 30.95% |
| BofA Securities, Inc. | $18.7M | 21.15% |
| Scotia Capital (USA) Inc. | $13.5M | 15.22% |
| J.P. Morgan Securities LLC | $10.5M | 11.83% |
| XP Investments US, LLC | $8.4M | 9.53% |
| Macquarie Capital (USA) Inc. | $6.9M | 7.75% |
| Morgan Stanley & Co. LLC | $1.6M | 1.78% |
| Goldman Sachs & Co. LLC | $1.2M | 1.40% |
| UBS Securities LLC | $339K | 0.38% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.