FNDE vs CEF

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

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

FNDE vs CEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

FNDE

$9.40B

CEF

$9.40B

Expense Ratio

FNDE

0.39%

CEF

N/A

Max Drawdown

Winner

FNDE

45.41%

CEF

62.40%

Sharpe Ratio

Winner

FNDE

2.05

CEF

1.63

5Y Beta

FNDE

0.67

Winner

CEF

0.38

5Y Dividends CAGR

FNDE

11.49%

Winner

CEF

14.87%

FNDE vs CEF - Historical Returns

Returns include dividend reinvestment.

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

FNDE

+3.19%

Winner

CEF

+7.76%

Winner

FNDE

+4.29%

CEF

+3.18%

FNDE

+14.55%

Winner

CEF

+29.81%

FNDE

+35.80%

Winner

CEF

+80.37%

5Y(CAGR)

FNDE

+10.98%

Winner

CEF

+21.81%

10Y(CAGR)

FNDE

+11.50%

Winner

CEF

+14.75%

Max(CAGR)

FNDE

+7.31%

Winner

CEF

+9.87%

FNDE vs CEF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

FNDE vs CEF Drawdown Comparison

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

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

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

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

Correlation

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

0.91

-101

Dividend Comparison (2000 - 2025)

FNDE vs CEF dividend yield comparison.

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