Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs IEMG: how they differ
EEM and IEMG hold 88% of their weight in the same names, and EEM returned more over the year.
iShares MSCI Emerging Markets ETF and iShares Core MSCI Emerging Markets ETF.
What they hold in common
By the books each fund has filed, EEM and IEMG hold 88% of their money in the same securities at the same weight.
| Holding | EEM | IEMG |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING | 15.18% | 13.46% |
| SAMSUNG ELECTRONICS LTD | 7.46% | 6.62% |
| SK HYNIX | 6.07% | 5.38% |
| TENCENT HOLDINGS | 2.65% | 2.35% |
| ALIBABA GROUP HOLDING | 1.82% | 1.61% |
| MEDIATEK | 1.71% | 1.52% |
| SAMSUNG ELECTRONICS NON VOTING PRE | 0.97% | 0.86% |
| CHINA CONSTRUCTION BANK CORP H | 0.83% | 0.74% |
| DELTA ELECTRONICS | 0.82% | 0.73% |
| HON HAI PRECISION INDUSTRY | 0.77% | 0.69% |
| HDFC BANK | 0.66% | 0.57% |
| SK SQUARE | 0.62% | 0.55% |
| Only in EEM | Only in IEMG |
|---|---|
| ANHUI TONGGUAN COPPER FOIL GROUP L 0.01% | TAIWAN UNION TECHNOLOGY CORP 0.08% |
| ANKER INNOVATIONS TECHNOLOGY LTD A 0.01% | KINSUS INTERCONNECT TECHNOLOGY COR 0.06% |
| AXIA ENERGIA PREF SA 0.01% | NAN YA PRINTED CIRCUIT BOARD CORP 0.06% |
| CASH COLLATERAL USD UBFUT 0.01% | POWERCHIP SEMICONDUCTOR MANUFACTUR 0.06% |
| CHIFENG JILONG GOLD MINING GROUP A 0.01% | COMPEQ MANUFACTURING LTD 0.05% |
| CHINA GALAXY SECURITIES LTD A 0.01% | LAND MARK CORP 0.05% |
| CHINA LIFE INSURANCE LTD A 0.01% | MACRONIX INTERNATIONAL 0.05% |
| CHINA RAILWAY GROUP LTD A 0.01% | TRIPOD TECHNOLOGY 0.05% |
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 Sep 10, 2026.
| EEM iShares MSCI Emerging Markets ETF | IEMG iShares Core MSCI Emerging Markets ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Emerging markets | Core MSCI Emerging Markets |
| Total return, 1 year | +32.3% | +30.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | +13.1 pts |
| Expense ratio | 0.72% | 0.09% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 965 | 1832 |
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 Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 965 positions, with the top ten at 38.3%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.
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 Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1832 positions, with the top ten at 34.0%. It sat 4.0% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EEM or IEMG?
- In the year to Sep 13, 2026, with distributions reinvested, EEM returned +32.3% and IEMG returned +30.6%, so EEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EEM or IEMG?
- EEM charges 0.72% a year and IEMG charges 0.09%, so IEMG is cheaper. Fees come from each fund's prospectus.
- How much do EEM and IEMG overlap with the S&P 500?
- By their latest filed holdings, 0% of EEM and 0% of IEMG by weight is stocks the S&P 500 already holds. Between the two funds, 88% 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 IEMG, data as of Sep 13, 2026. https://etfiq.com/compare/any/eem-vs-iemg Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources