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

In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and IWC +16.5%.

Which is cheaper, EEM or IWC?

IWC is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do EEM and IWC overlap with the S&P 500?

By their latest filed holdings, 0% of EEM and 92% of IWC by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EEM vs IWC: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, EEM returned +16.3% to IWC's +16.5%; 0% of their weight is in the same names.

askIQ about this page

askIQ about EEM and IWC

Net assets on Oct 27, 2026: $29.1bn for iShares MSCI Emerging Markets ETF and $1.2bn for iShares Micro-Cap ETF.

EEM on its own →IWC on its own →

At a glance

+16.3%

EEM total return, 1 year

+16.5%

IWC total return, 1 year

0.72%

EEM expense ratio

0.60%

IWC expense ratio

Pair scorecard

IWC costs 0.12 points a year less; their one-year returns differ by 0.2 points; EEM is far larger, $29.1bn against $1.2bn.

EEM vs IWC: Differences, Returns & Fees
Measure	EEM	IWC
Return
Measure	EEM	IWC
Total return, 1 year	+16.3%	+16.5%
Drawdown
Measure	EEM	IWC
Below its high	10.8%, high on Jun 22, 2026	9.5%, high on Aug 14, 2026
Benchmark
Measure	EEM	IWC
What it tracks	MSCI Emerging Markets Index	Russell Microcap Index
Cost and size
Measure	EEM	IWC
Expense ratio	0.72%	0.60%
Net assets, as of Oct 27, 2026	$29.1bn	$1.2bn
Holdings
Measure	EEM	IWC
Holdings in common	0%
Top ten holdings, share of the fund	37.2%	5.9%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EEM IWC

FIRST FINANCIAL HOLDING LTD 0.13% 0.22%

EASTERN CO. 0.01% 0.04%

AK ALROSA 0.00% 0.18%

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 IWC

CAREDX 0.88%

PENGUIN SOLUTIONS INC 0.73%

NURIX THERAPEUTICS 0.63%

SELLAS LIFE SCIENCES GROUP INC 0.60%

VIRIDIAN THERAPEUTICS ORS 0.59%

OUSTER 0.53%

INTERFACE 0.52%

STRIVE INC CLASS A 0.50%

Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF IWC iShares Micro-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of Emerging markets Tracks the Russell Microcap

Total return, 1 year +16.3% +16.5%

Its benchmark over the same days not measured +13.3% (IWV)

Gap to its benchmark not measured +3.2 pts vs IWV

Expense ratio 0.72% 0.60%

Already in the S&P 500 0.0% 91.7%

Holdings 1186 1365

Net assets, as of Oct 27, 2026 $29.1bn $1.2bn

EEM and IWC 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.

IWC

Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

IWC tracks the Russell Microcap. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,365 positions, with the top ten at 5.9%. It sat 9.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EEM or IWC?: In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and IWC +16.5%.
Which is cheaper, EEM or IWC?: IWC is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and IWC overlap with the S&P 500?: By their latest filed holdings, 0% of EEM and 92% of IWC by weight is stocks the S&P 500 already holds.

Other comparisons

EEM vs IJT EEM vs VB EEM vs IJR EEM vs VTWO IWC vs VWO IEMG vs IWC EMXC vs IWC AVEM vs IWC

Where to next

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

Sources and dates

EEM filings on SEC EDGAR ↗

EEM prospectus with the expense ratio (SEC) ↗

iShares page for EEM ↗

IWC filings on SEC EDGAR ↗

IWC prospectus with the expense ratio (SEC) ↗

iShares page for IWC ↗

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.

Cite this pageCitation, APA and Markdown

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

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.