Schwab Emerging Markets Equity ETF (NYSEArca: SCHE)
Expense ratio: 0.14%
Comment: SCHE is the cheapest emerging market equity ETF on the market. Moreover, investors on the Schwab platform can trade the ETF commission-free, along with the other Schwab ETF offerings. The fund covers about 900 emerging market stocks from 22 developing countries. Since SCHE reflect the performance of a FTSE index, it does not include South Korean securities, which FTSE labels as a developed market.