CEF vs FNDE

Comparison between Sprott Physical Gold and Silver Trust (CEF, ETF) and SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF (FNDE, ETF).

5-Year PerformanceCEF has outperformed FNDE, delivering a return of +21.8% compared to +11.0%

CEF vs FNDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEF(ETF)	FNDE(ETF)
Net Assets	$9.40B	$9.40B
Expense Ratio	N/A	0.39%
Max Drawdown	62.40%	45.41%
Sharpe Ratio	1.63	2.05
5Y Beta	0.38	0.67
5Y Dividends CAGR	14.87%	11.49%

Net Assets

CEF

$9.40B

FNDE

$9.40B

Expense Ratio

CEF

N/A

FNDE

0.39%

Max Drawdown

CEF

62.40%

Winner

FNDE

45.41%

Sharpe Ratio

CEF

1.63

Winner

FNDE

2.05

5Y Beta

Winner

CEF

0.38

FNDE

0.67

5Y Dividends CAGR

Winner

CEF

14.87%

FNDE

11.49%

CEF vs FNDE - Historical Returns

Returns include dividend reinvestment.

Period	CEF	FNDE
1 month	+7.76%	+3.19%
3 months	+3.18%	+4.29%
6 months	+29.81%	+14.55%
1 year	+80.37%	+35.80%
5 years(CAGR)	+21.81%	+10.98%
10 years(CAGR)	+14.75%	+11.50%
Max(CAGR)	+9.87%	+7.31%

Winner

CEF

+7.76%

FNDE

+3.19%

CEF

+3.18%

Winner

FNDE

+4.29%

Winner

CEF

+29.81%

FNDE

+14.55%

Winner

CEF

+80.37%

FNDE

+35.80%

5Y(CAGR)

Winner

CEF

+21.81%

FNDE

+10.98%

10Y(CAGR)

Winner

CEF

+14.75%

FNDE

+11.50%

Max(CAGR)

Winner

CEF

+9.87%

FNDE

+7.31%

CEF vs FNDE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CEF	FNDE
2026	+12.51%	+12.30%
2025	+88.94%	+30.23%
2024	+24.79%	+13.79%
2023	+6.39%	+14.35%
2022	+2.17%	-16.36%
2021	-10.63%	+14.20%
2020	+31.10%	-4.49%
2019	+16.81%	+19.23%
2018	-7.38%	-11.71%
2017	+15.51%	+24.66%
2016	+11.32%	+36.22%
2015	-14.32%	-19.29%
2014	-14.41%	-8.71%
2013	-38.47%	+7.53%
2012	+3.29%	N/A
2011	-4.95%	N/A
2010	+47.63%	N/A
2009	+26.29%	N/A
2008	+1.28%	N/A
2007	+17.23%	N/A
2006	+31.89%	N/A
2005	+27.03%	N/A
2004	+3.58%	N/A
2003	+13.38%	N/A
2002	+41.46%	N/A
2001	+4.76%	N/A
2000	-17.45%	N/A
1999	-4.27%	N/A

CEF vs FNDE Drawdown Comparison

The maximum drawdown for CEF was -62.29%, occurring on Dec 15, 2015. Recovery took 3313 trading sessions.

The maximum drawdown for FNDE was -43.56%, occurring on Jan 20, 2016. Recovery took 721 trading sessions.

The current CEF drawdown is -12.33%. The current FNDE drawdown is -0.93%.

Rank	CEF	FNDE
#1	-62.29% Aug 22, 2011 - Oct 22, 2024	-43.56% Sep 3, 2014 - Jul 14, 2017
#2	-44.69% Mar 17, 2008 - Nov 25, 2009	-39.99% Jan 26, 2018 - Feb 9, 2021
#3	-35.89% Nov 3, 1999 - May 6, 2002	-29.43% Feb 16, 2022 - May 15, 2024
#4	-26.77% Jan 29, 2026 - Mar 26, 2026	-18.39% Oct 7, 2024 - Jun 11, 2025
#5	-25.32% Feb 4, 2003 - Jan 9, 2004	-14.52% Oct 22, 2013 - Jul 2, 2014
#6	-23.64% May 11, 2006 - Oct 26, 2007	-10.23% Feb 25, 2026 - May 5, 2026
#7	-21.75% Apr 1, 2004 - Dec 7, 2005	-8.91% Jul 12, 2024 - Sep 24, 2024
#8	-20.52% Apr 27, 2011 - Aug 18, 2011	-8.45% Oct 20, 2021 - Jan 12, 2022
#9	-19.76% May 24, 2002 - Jan 27, 2003	-6.90% Jun 10, 2021 - Oct 15, 2021
#10	-17.97% Dec 2, 2009 - Aug 27, 2010	-5.21% May 17, 2024 - Jul 11, 2024
#11	-12.88% Dec 31, 2010 - Feb 18, 2011	-5.10% Sep 18, 2013 - Oct 18, 2013
#12	-11.21% Oct 16, 2025 - Nov 28, 2025	-4.49% May 7, 2021 - May 28, 2021
#13	-10.73% Oct 29, 2024 - Feb 5, 2025	-4.36% Mar 11, 2021 - Apr 15, 2021
#14	-9.13% Feb 2, 2006 - Mar 2, 2006	-4.32% Oct 6, 2025 - Oct 20, 2025
#15	-8.01% Apr 19, 2006 - May 4, 2006	-4.12% Feb 17, 2021 - Mar 11, 2021

Correlation

Correlation between CEF and FNDE is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2000 - 2025)

CEF vs FNDE dividend yield comparison.

Year	CEF	FNDE
2025	0.00%	4.19%
2024	0.00%	4.82%
2023	0.00%	4.74%
2022	0.00%	5.59%
2021	0.00%	4.32%
2020	0.00%	2.50%
2019	0.00%	3.47%
2018	0.08%	2.98%
2017	0.07%	2.05%
2016	0.09%	1.65%
2015	0.10%	2.02%
2014	0.09%	1.36%
2013	0.08%	0.51%
2011	0.05%	0.00%
2010	0.05%	0.00%
2009	0.07%	0.00%
2008	0.09%	0.00%
2007	0.09%	0.00%
2006	0.11%	0.00%
2005	0.15%	0.00%
2004	0.18%	0.00%
2003	0.19%	0.00%
2002	0.21%	0.00%
2001	0.30%	0.00%
2000	0.31%	0.00%