Which returned more over the last year, EEM or FENI?

In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and FENI +14.2%.

Which is cheaper, EEM or FENI?

FENI is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. 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.

Data as of Oct 28, 2026.

Across categories

EEM vs FENI: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to FENI's +14.2%; 0% of their weight is in the same names.

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Net assets: $29.1bn on Oct 27, 2026 for iShares MSCI Emerging Markets ETF, and $11.5bn on Sep 30, 2026 for Fidelity Enhanced International ETF.

EEM on its own →FENI on its own →

At a glance

+16.3%

EEM total return, 1 year

+14.2%

FENI total return, 1 year

0.72%

EEM expense ratio

0.28%

FENI expense ratio

Pair scorecard

FENI costs 0.44 points a year less; their one-year returns differ by 2.1 points; EEM is 2.7 times larger.

EEM vs FENI: Differences, Returns & Fees
Measure	EEM	FENI
Return
Measure	EEM	FENI
Total return, 1 year	+16.3%	+14.2%
Drawdown
Measure	EEM	FENI
Below its high	10.8%, high on Jun 22, 2026	4.7%, high on Aug 13, 2026
Benchmark
Measure	EEM	FENI
What it tracks	MSCI Emerging Markets Index	No index, actively managed
Cost and size
Measure	EEM	FENI
Expense ratio	0.72%	0.28%
Net assets, as of Sep 30, 2026	$31.1bn	$11.5bn
Holdings
Measure	EEM	FENI
Holdings in common	0%
Top ten holdings, share of the fund	37.2%	16.5%

Holdings in common uses holdings dated Jun 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, EEM and FENI hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EEM FENI

SIEMENS LTD 0.02% 1.61%

Only in one fund ↓

Only in EEM

TAIWAN SEMICONDUCTOR MANUFACTURING 15.98%

SAMSUNG ELECTRONICS LTD 6.88%

SK HYNIX 4.91%

TENCENT HOLDINGS 2.64%

ALIBABA GROUP HOLDING 1.82%

MEDIATEK 1.54%

CHINA CONSTRUCTION BANK CORP H 0.94%

SAMSUNG ELECTRONICS NON VOTING PRE 0.91%

Only in FENI

ASML HOLDING NV 4.05%

NESTLE SA 1.74%

TOKYO ELECTRON LTD 1.44%

ROCHE HOLDING AG 1.39%

ABB LTD 1.32%

HSBC HOLDINGS PLC 1.31%

IBERDROLA SA 1.21%

BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.20%

Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF FENI Fidelity Enhanced International ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Fidelity

What it is Tracks an index of Emerging markets Actively managed

Total return, 1 year +16.3% +14.2%

Its benchmark over the same days not measured +12.1% (EFA)

Gap to its benchmark not measured +2.1 pts vs EFA

Expense ratio 0.72% 0.28%

Already in the S&P 500 0.0% 0.0%

Holdings 1186 386

Net assets, EEM as of Oct 27, 2026 and FENI as of Sep 30, 2026 $29.1bn $11.5bn

EEM and FENI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

EEM

EEM tracks an index of Emerging markets. Over the year to Oct 28, 2026 it returned +16.3% with distributions reinvested. The prospectus expense ratio is 0.72% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,186 positions, with the top ten at 37.2%. It sat 10.8% below its high of Jun 22, 2026 on Oct 28, 2026.

FENI

FENI is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +14.2% with distributions reinvested, against +12.1% for its benchmark, the MSCI EAFE Index. 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 386 positions, with the top ten at 16.5%. It sat 4.7% below its high of Aug 13, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EEM or FENI?: In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and FENI +14.2%.
Which is cheaper, EEM or FENI?: FENI is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. 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.

Other comparisons

EEM vs IDEV EEM vs IXUS EEM vs EFA EEM vs VXUS EMXC vs FENI FENI vs VWO FENI vs IEMG AVEM vs FENI

Where to next

EEM on its own →FENI on its own →Hold both: look the portfolio through →Rankings →EEM dividend history →EEM holdings →FENI dividend history →FENI holdings →Standards and sources →

Sources and dates

EEM filings on SEC EDGAR ↗

EEM prospectus with the expense ratio (SEC) ↗

iShares page for EEM ↗

FENI filings on SEC EDGAR ↗

FENI prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

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ETFIQ, EEM against FENI, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-feni

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