Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IEMG vs VEU: how they differ
IEMG and VEU hold 1% of their weight in the same names, and IEMG returned more over the year.
iShares Core MSCI Emerging Markets ETF and Vanguard FTSE All-World ex-US Index Fund.
What they hold in common
By the books each fund has filed, IEMG and VEU hold 1% of their money in the same securities at the same weight.
| Holding | IEMG | VEU |
|---|---|---|
| America Movil, S.A.B. de C.V. | 0.16% | 0.05% |
| State Bank of India | 0.13% | 0.05% |
| YUM CHINA HOLDINGS, INC. | 0.11% | 0.04% |
| Global Unichip Corp | 0.09% | 0.03% |
| Alteogen Inc | 0.07% | 0.03% |
| Piraeus Bank SA | 0.08% | 0.03% |
| Zhongji Innolight Co Ltd | 0.08% | 0.03% |
| Divi's Laboratories Ltd | 0.06% | 0.02% |
| SASOL LIMITED | 0.05% | 0.02% |
| Abu Dhabi Islamic Bank PJSC | 0.06% | 0.02% |
| Banco de Chile | 0.06% | 0.02% |
| eMemory Technology Inc | 0.05% | 0.02% |
| Only in IEMG | Only in VEU |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 12.52% | Samsung Electronics Co Ltd 1.83% |
| SK hynix Inc. 5.83% | ASML Holding NV 1.45% |
| Tencent Holdings Limited 2.38% | SK hynix Inc 1.24% |
| Alibaba Group Holding Limited 1.83% | Tencent Holdings Ltd 0.97% |
| MediaTek Inc. 1.42% | HSBC Holdings PLC 0.81% |
| DELTA ELECTRONICS, INC. 1.03% | Alibaba Group Holding Ltd 0.76% |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.79% | AstraZeneca PLC 0.73% |
| Samsung Electronics Co., Ltd. 0.74% | Novartis AG 0.73% |
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 Apr 30, 2026 and May 31, 2026.
| IEMG iShares Core MSCI Emerging Markets ETF | VEU Vanguard FTSE All-World ex-US Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | Core MSCI Emerging Markets | FTSE All-World ex-US |
| Total return, 1 year | +30.6% | +22.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +13.1 pts | +5.4 pts |
| Expense ratio | 0.09% | 0.04% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 2695 | 3860 |
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.
VEU in plain words
VEU is an index equity fund tracking the FTSE All-World ex-US. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3860 positions, with the top ten at 13.6%.
Questions people ask
- Which returned more over the last year, IEMG or VEU?
- In the year to Sep 12, 2026, with distributions reinvested, IEMG returned +30.6% and VEU returned +22.9%, so IEMG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IEMG or VEU?
- IEMG charges 0.09% a year and VEU charges 0.04%, so VEU is cheaper. Fees come from each fund's prospectus.
- How much do IEMG and VEU overlap with the S&P 500?
- By their latest filed holdings, 0% of IEMG and 0% of VEU by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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 VEU, data as of Sep 12, 2026. https://etfiq.com/compare/any/IEMG-VEU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources