Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs FENI: how they differ
EEM and FENI hold 0% of their weight in the same names, and EEM returned more over the year.
iShares MSCI Emerging Markets ETF and Fidelity Enhanced International ETF.
What they hold in common
By the books each fund has filed, EEM and FENI hold 0% of their money in the same securities at the same weight.
| Only in EEM | Only in FENI |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 14.28% | ASML HOLDING NV 4.11% |
| SK hynix Inc. 6.65% | NESTLE SA 1.77% |
| Tencent Holdings Limited 2.71% | SIEMENS AG 1.63% |
| Alibaba Group Holding Limited 2.08% | TOKYO ELECTRON LTD 1.46% |
| MediaTek Inc. 1.62% | ABB LTD 1.34% |
| DELTA ELECTRONICS, INC. 1.17% | HSBC HOLDINGS PLC 1.33% |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.90% | IBERDROLA SA 1.23% |
| Samsung Electronics Co., Ltd. 0.85% | BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% |
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 Jun 30, 2026 and May 31, 2026.
| EEM iShares MSCI Emerging Markets ETF | FENI Fidelity Enhanced International ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Fidelity |
| What it is | Emerging markets | Enhanced International |
| Total return, 1 year | +32.3% | +19.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | +1.9 pts |
| Expense ratio | 0.72% | 0.28% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1245 | 392 |
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.
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
Questions people ask
- Which returned more over the last year, EEM or FENI?
- In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and FENI returned +19.4%, so EEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EEM or FENI?
- EEM charges 0.72% a year and FENI charges 0.28%, so FENI is cheaper. Fees come from each fund's prospectus.
- How much do EEM and FENI overlap with the S&P 500?
- By their latest filed holdings, 0% of EEM and 0% of FENI 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.
Other comparisons
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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 FENI, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-FENI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources