Data as of Oct 28, 2026.

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EEM vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to GARP's +18.0%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $29.1bn for iShares MSCI Emerging Markets ETF and $3.6bn for iShares MSCI USA Quality GARP ETF.

At a glance
+16.3%
EEM total return, 1 year
+18.0%
GARP total return, 1 year
0.72%
EEM expense ratio
0.15%
GARP expense ratio

Pair scorecard

GARP costs 0.57 points a year less; their one-year returns differ by 1.7 points; EEM is 8.1 times larger.

EEM vs GARP: Differences, Returns & Fees
MeasureEEMGARP
Return
Total return, 1 year+16.3%+18.0%
Drawdown
Below its high10.8%, high on Jun 22, 20267.0%, high on Oct 6, 2026
Benchmark
What it tracksMSCI Emerging Markets IndexMSCI USA Quality GARP Select Index
Cost and size
Expense ratio0.72%0.15%
Net assets, as of Oct 27, 2026$29.1bn$3.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund37.2%43.5%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EEM GARP
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 GARP
MICROSOFT 5.67%
APPLE 5.66%
NVIDIA 5.18%
VISA CLASS A 5.13%
META PLATFORMS CLASS A 4.72%
MICRON TECHNOLOGY 4.61%
LAM RESEARCH 3.31%
CATERPILLAR INC 3.29%
Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF GARP iShares MSCI USA Quality GARP ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks the MSCI USA Quality GARP
Total return, 1 year +16.3% +18.0%
Its benchmark over the same days not measured +13.3% (PBUS)
Gap to its benchmark not measured +4.7 pts vs PBUS
Expense ratio 0.72% 0.15%
Already in the S&P 500 0.0% 94.4%
Holdings 1186 131
Net assets, as of Oct 27, 2026 $29.1bn $3.6bn

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

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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.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EEM or GARP?
In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and GARP +18.0%.
Which is cheaper, EEM or GARP?
GARP is cheaper, by 0.57 percentage points a year. That is about $57 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and GARP overlap with the S&P 500?
By their latest filed holdings, 0% of EEM and 94% of GARP by weight is stocks the S&P 500 already holds.
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ETFIQ, EEM against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-garp

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