Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs IWC: how they differ
EEM and IWC hold 0% of their weight in the same names, and EEM returned more over the year.
iShares MSCI Emerging Markets ETF and iShares Micro-Cap ETF.
What they hold in common
By the books each fund has filed, EEM and IWC hold 0% of their money in the same securities at the same weight.
| Holding | EEM | IWC |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.39% | 0.03% |
| IDR CASH | 0.01% | 0.11% |
| Only in EEM | Only in IWC |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 15.18% | CAREDX 0.61% |
| SAMSUNG ELECTRONICS LTD 7.46% | SELLAS LIFE SCIENCES GROUP INC 0.60% |
| SK HYNIX 6.07% | NURIX THERAPEUTICS 0.59% |
| TENCENT HOLDINGS 2.65% | PENGUIN SOLUTIONS INC 0.58% |
| ALIBABA GROUP HOLDING 1.82% | OUSTER 0.52% |
| MEDIATEK 1.71% | VIRIDIAN THERAPEUTICS ORS 0.48% |
| SAMSUNG ELECTRONICS NON VOTING PRE 0.97% | INTERFACE 0.47% |
| CHINA CONSTRUCTION BANK CORP H 0.83% | MBX BIOSCIENCES 0.45% |
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 | IWC iShares Micro-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Emerging markets | Russell Microcap |
| Total return, 1 year | +32.3% | +31.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | +13.8 pts |
| Expense ratio | 0.72% | not published |
| Already in the S&P 500 | 0.0% | 91.9% |
| Holdings | 965 | 1252 |
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.
IWC in plain words
IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EEM or IWC?
- In the year to Sep 13, 2026, with distributions reinvested, EEM returned +32.3% and IWC returned +31.3%, so EEM returned more. One year is one year; the longer windows are in the table.
- 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. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
Where to next
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 IWC, data as of Sep 13, 2026. https://etfiq.com/compare/any/eem-vs-iwc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources