Schwab Emerging Markets Equity ETF (NYSEArca: SCHE)
Annual Fee: 0.14%
Comment: Keeping with themes we mentioned with IEFA, a college savings ETF portfolio with time on its side can tolerate some emerging markets exposure and it is best to accomplish that objective on the cheap with SCHE.
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.
SCHE can be traded commission-free on the Schwab ETF OneSource platform for additional savings. [Popular Commission-Free ETFs on Schwab OneSource]