Dividend comparison

SCHE vs AVEM: Which Is Better?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Schwab Emerging Markets Equity ETF and Avantis Emerging Markets Equity ETF, side by side. Updated October 21, 2026.

SCHE vs AVEM: key differences
The short answer, from the latest data on this page.
  • Fees. SCHE is cheaper at 0.06% a year versus 0.33% for AVEM. On $10,000 that is $27 a year less in fees.
  • Income. Their trailing yields are almost the same: 2.66% for SCHE and 2.68% for AVEM. Both pay semi-annual.
  • Performance. Over the last 5 years, AVEM returned 51.6% versus 26.3% for SCHE, with dividends reinvested. $10,000 would have grown to $15,164 in AVEM and $12,632 in SCHE.
  • Risk. Their worst declines over the last 5 years were similar: -30.8% for SCHE and -30.6% for AVEM from peak to trough.
  • Diversification. AVEM holds 4,019 positions and SCHE holds 2,233.
  • Dividend growth. AVEM grew its yearly payout 3.4% a year over the last 4 years, versus 3.1% for SCHE.
  • Size. AVEM is the larger fund with $27.5 billion in assets, against $12.6 billion for SCHE.

Bottom line: SCHE fits better if you care most about lower fees. AVEM fits better if you care most about stronger 5-year returns and broader diversification.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricSCHE
Schwab Emerging Markets Equity ETF
AVEM
Avantis Emerging Markets Equity ETF
Dividend yield (TTM)2.66%2.68%
Dividend / share (TTM)$0.95$2.40
Payout frequencySemi-annualSemi-annual
Last dividend$0.0443 on Jun 29, 2026$0.6483 on Sep 10, 2026
Ex-dividend dateJun 24, 2026Sep 8, 2026
Dividend growth (CAGR)3.1% over 4 yrs3.4% over 4 yrs
Price$35.85$89.56
Dividend growth streak1 year3 years
Beta0.871.02
Max drawdown (5Y)-30.8%-30.6%
Market cap$12.59B$27.27B
ExchangeAMEXAMEX
Expense ratio0.06%0.33%
Assets under management$12.60B$27.46B
Number of holdings22334019
Top 10 concentration29.9%—
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

SCHE

$22.13/mo

$266 /yr at 2.66% yield

AVEM

$22.36/mo

$268 /yr at 2.68% yield

Dividend history
Total dividends paid per share in each calendar year. SCHE pays semi-annual; AVEM pays semi-annual.
YearSCHEAVEM
2025$0.9431$1.8873
2024$0.8080$1.8655
2023$0.9497$1.7228
2022$0.6927$1.3979
2021$0.8340$1.6502
Strategy: International equity
Funds that hold companies outside the United States, either across developed markets like Europe, Japan and Canada, across emerging markets like China, India and Taiwan, or both. Index providers disagree on edge cases such as whether South Korea is developed or emerging and whether small caps or Canada are included, which explains most of the gap between similar-looking funds. Dividend yields are usually higher than in the US market.

Returns are exposed to currency moves and to political and regulatory risk that US investors do not face at home, and emerging markets add wide swings.

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $12,632 in SCHE and $15,164 in AVEM.
PeriodSCHEAVEM
1 month-2.69%-4.98%
3 months1.39%0.34%
Year to date9.47%16.28%
1 year5.72%16.31%
3 years65.21%85.58%
5 years26.32%51.64%
  • SCHE
  • AVEM
64120177202120222023202420252026126152

Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • SCHE
  • AVEM
0%10%20%29%39%Technology34.7%39.2%Financial Services20.6%19.8%Consumer Cyclical9.0%7.6%Industrials6.3%7.9%Basic Materials7.1%6.5%Communication Services6.9%5.0%Energy4.3%4.3%Healthcare3.7%3.3%Consumer Defensive3.1%2.8%Utilities2.6%2.2%Other1.6%1.6%
Top 10 holdings
Largest positions by portfolio weight.

SCHE2233 holdings total

NameWeight
2330.TWTAIWAN SEMICONDUCTOR MANUFACTURING17.20%
0700.HKTENCENT HOLDINGS3.15%
9988.HKALIBABA GROUP HOLDING2.49%
2454.TWMEDIATEK1.82%
0939.HKCHINA CONSTRUCTION BANK CORP H1.05%
2308.TWDELTA ELECTRONICS0.92%
2317.TWHON HAI PRECISION INDUSTRY0.87%
HDFCBANK.NSHDFC BANK0.83%
RELIANCE.NSRELIANCE INDUSTRIES LTD0.81%
GVMXXSSC GOVERNMENT MM GVMXX0.78%

Quick verdict

SCHE fits better if you care most about lower fees. AVEM fits better if you care most about stronger 5-year returns and broader diversification. Model the holding inside your real portfolio before deciding.

Still deciding? Compare them in your portfolio
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Frequently asked questions

Is SCHE or AVEM better for dividend income?
It depends on your goals. SCHE currently yields 2.66% Trailing Twelve Months (TTM) while AVEM yields 2.68%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between SCHE and AVEM?
Schwab Emerging Markets Equity ETF (SCHE) is an ETF listed on AMEX. Avantis Emerging Markets Equity ETF (AVEM) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, SCHE or AVEM?
SCHE has the lower expense ratio. SCHE charges 0.06% a year and AVEM charges 0.33%, a difference of $27 a year on a $10,000 investment.
Which has performed better, SCHE or AVEM?
Over the last 5 years, AVEM has the higher total return with dividends reinvested: SCHE returned 26.3% and AVEM returned 51.6%. Past performance does not predict future returns.
Which is riskier, SCHE or AVEM?
Measured by the worst peak-to-trough decline over the last five years, SCHE has been riskier: SCHE fell as much as 30.8% and AVEM as much as 30.6%. Their betas are 0.87 and 1.02.
How often do SCHE and AVEM pay dividends?
Both pay semi-annual. The most recent payments were $0.0443 for SCHE and $0.6483 for AVEM.
How much income does $10,000 in SCHE vs AVEM generate?
At current TTM yields, $10,000 in SCHE would generate roughly $22.13 per month ($266 annually). The same amount in AVEM would produce about $22.36 per month ($268 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both SCHE and AVEM?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare SCHE vs AVEM with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how SCHE and AVEM fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.