Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs EZU: how they differ
EEM and EZU hold 0% of their weight in the same names, and EEM returned more over the year.
iShares MSCI Emerging Markets ETF and iShares MSCI Eurozone ETF.
What they hold in common
By the books each fund has filed, EEM and EZU hold 0% of their money in the same securities at the same weight.
| Holding | EEM | EZU |
|---|---|---|
| EURO | 0.00% | 0.50% |
| Only in EEM | Only in EZU |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 14.28% | ASML Holding N.V. 8.10% |
| SK hynix Inc. 6.65% | Siemens Aktiengesellschaft 3.08% |
| Tencent Holdings Limited 2.71% | SAP SE 2.44% |
| Alibaba Group Holding Limited 2.08% | Banco Santander, S.A. 2.37% |
| MediaTek Inc. 1.62% | TOTALENERGIES SE 2.25% |
| DELTA ELECTRONICS, INC. 1.17% | SCHNEIDER ELECTRIC SE 2.22% |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.90% | Allianz SE 2.18% |
| Samsung Electronics Co., Ltd. 0.85% | Siemens Energy AG 1.89% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.
| EEM iShares MSCI Emerging Markets ETF | EZU iShares MSCI Eurozone ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Emerging markets | MSCI Eurozone |
| Total return, 1 year | +32.3% | +18.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | +0.5 pts |
| Expense ratio | 0.72% | 0.50% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1245 | 226 |
EEM in plain words
EEM is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +32.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.72% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1245 positions, with the top ten at 38.9%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.
EZU in plain words
EZU is an index equity fund tracking the MSCI Eurozone. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.50% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 226 positions, with the top ten at 28.2%. It sat 3.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EEM or EZU?
- In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and EZU returned +18.0%, so EEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EEM or EZU?
- EEM charges 0.72% a year and EZU charges 0.50%, so EZU is cheaper. Fees come from each fund's prospectus.
- How much do EEM and EZU overlap with the S&P 500?
- By their latest filed holdings, 0% of EEM and 0% of EZU by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EEM against EZU, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-EZU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources