Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IEMG vs INDA: how they differ
IEMG and INDA hold 10% of their weight in the same names, and IEMG returned more over the year.
iShares Core MSCI Emerging Markets ETF and iShares MSCI India ETF.
What they hold in common
By the books each fund has filed, IEMG and INDA hold 10% of their money in the same securities at the same weight.
| Holding | IEMG | INDA |
|---|---|---|
| HDFC BANK LIMITED | 0.61% | 6.15% |
| RELIANCE INDUSTRIES LIMITED | 0.58% | 6.23% |
| ICICI BANK LIMITED | 0.48% | 4.68% |
| BHARTI AIRTEL LIMITED | 0.34% | 3.63% |
| INFOSYS LIMITED | 0.27% | 2.92% |
| AXIS BANK LIMITED | 0.21% | 2.23% |
| MAHINDRA AND MAHINDRA LIMITED | 0.20% | 2.20% |
| LARSEN AND TOUBRO LIMITED | 0.20% | 2.13% |
| BAJAJ FINANCE LIMITED | 0.18% | 1.92% |
| KOTAK MAHINDRA BANK LIMITED | 0.15% | 1.59% |
| TATA CONSULTANCY SERVICES LIMITED | 0.15% | 1.54% |
| State Bank of India | 0.13% | 1.35% |
| Only in IEMG | Only in INDA |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 12.52% | |
| SK hynix Inc. 5.83% | |
| Tencent Holdings Limited 2.38% | |
| Alibaba Group Holding Limited 1.83% | |
| MediaTek Inc. 1.42% | |
| DELTA ELECTRONICS, INC. 1.03% | |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.79% | |
| Samsung Electronics Co., Ltd. 0.74% |
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.
| IEMG iShares Core MSCI Emerging Markets ETF | INDA iShares MSCI India ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Core MSCI Emerging Markets | MSCI India |
| Total return, 1 year | +30.6% | −8.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +13.1 pts | −26.3 pts |
| Expense ratio | 0.09% | 0.61% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 2695 | 169 |
IEMG in plain words
IEMG is an index equity fund tracking the Core MSCI Emerging Markets. Over the year to Sep 11, 2026 it returned +30.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% 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 2695 positions, with the top ten at 34.1%. It sat 4.0% below its high of Jun 22, 2026 on Sep 11, 2026.
INDA in plain words
INDA is an index equity fund tracking the MSCI India. Over the year to Sep 11, 2026 it returned −8.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.61% 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 169 positions, with the top ten at 33.7%. It sat 17.4% below its high of Sep 26, 2024 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IEMG or INDA?
- In the year to Sep 12, 2026, with distributions reinvested, IEMG returned +30.6% and INDA returned −8.8%, so IEMG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IEMG or INDA?
- IEMG charges 0.09% a year and INDA charges 0.61%, so IEMG is cheaper. Fees come from each fund's prospectus.
- How much do IEMG and INDA overlap with the S&P 500?
- By their latest filed holdings, 0% of IEMG and 0% of INDA by weight is stocks the S&P 500 already holds. Between the two funds, 10% 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, IEMG against INDA, data as of Sep 12, 2026. https://etfiq.com/compare/any/IEMG-INDA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources