SCHE Fees and Costs — Schwab Emerging Markets Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.07%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $837K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 9%.
SCHE Fees and Expenses
Annual operating expenses and sales charges of SCHE. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| 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 |
SCHE Costs Over Time
On $10,000 invested in SCHE, assuming 5% a year before costs, total costs come to $50 over 5 years, cutting the return by 0.08% 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 0.07%) | $7 | $23 | $41 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $8 | $27 | $50 |
| Value after costs | $10,492 | $11,549 | $12,713 |
| Impact on return, per year | 0.08% | 0.08% | 0.08% |
SCHE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0087%
- Total broker commissions: $837K
- Bought from dealers (principal trades, not a cost): $125.3M
- Portfolio turnover (prospectus): 9%
- Securities on loan, average value: $44.2M
- Net income from securities lending: $1.6M (0.017% of average net assets)
SCHE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $262K | 34.07% |
| UBS Securities LLC | $123K | 15.97% |
| Goldman Sachs & Co. LLC | $119K | 15.54% |
| Macquarie Capital (USA) Inc. | $59K | 7.71% |
| BofA Securities, Inc. | $50K | 6.50% |
| HSBC Securities (USA) Inc. | $42K | 5.44% |
| Citigroup Global Markets Inc. | $41K | 5.33% |
| Scotia Capital (USA) Inc. | $25K | 3.30% |
| XP Investments US, LLC | $24K | 3.07% |
| Barclays Capital Inc. | $24K | 3.07% |
SCHE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $47.1M | 38.68% |
| BofA Securities, Inc. | $20.4M | 16.78% |
| XP Investments US, LLC | $16.2M | 13.27% |
| Scotia Capital (USA) Inc. | $14.8M | 12.13% |
| Macquarie Capital (USA) Inc. | $10.9M | 8.95% |
| J.P. Morgan Securities LLC | $10.2M | 8.38% |
| Santander Investment Securities Inc. | $1.1M | 0.93% |
| Citigroup Global Markets Inc. | $778K | 0.64% |
| Goldman Sachs & Co. LLC | $283K | 0.23% |
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.