Data as of Oct 28, 2026.
EEM vs IYW: Differences, Returns & Fees
Over the year to Oct 28, 2026, EEM returned +16.3% to IYW's +23.2%; 0% of their weight is in the same names.
askIQ about this page
askIQ about EEM and IYW
Net assets on Oct 27, 2026: $29.1bn for iShares MSCI Emerging Markets ETF and $25.0bn for iShares U.S. Technology ETF.
Pair scorecard
IYW costs 0.35 points a year less; their one-year returns differ by 6.9 points; EEM is 1.2 times larger.
| Measure | EEM | IYW |
|---|---|---|
| Return | ||
| Total return, 1 year | +16.3% | +23.2% |
| Drawdown | ||
| Below its high | 10.8%, high on Jun 22, 2026 | 5.5%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | MSCI Emerging Markets Index | Russell 1000 Technology RIC 22 |
| Cost and size | ||
| Expense ratio | 0.72% | 0.37% |
| Net assets, as of Oct 27, 2026 | $29.1bn | $25.0bn |
| Holdings | ||
| Holdings in common | 0% | |
| Top ten holdings, share of the fund | 37.2% | 65.1% |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Apr 25, 2003 to Oct 23, 2026 · 1,226 weekly returnsIYW returned more: +3,260.5% to +759.1%. IYW swung slightly less: 21.5% to 23.3%. IYW fell less at its worst: −52.3% to −62.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | EEM | IYW | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +759.1% | +3,260.5% | IYW | Price change plus distributions, reinvested. |
| Annualized | +9.6% | +16.1% | IYW | Total return as a yearly rate. |
| Price return | +451.7% | +2,797.6% | IYW | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.3% | 21.5% | IYW (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 16.1% | 14.5% | IYW (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −62.6% | −52.3% | IYW | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.43 | 0.72 | IYW | Return above Treasury bills per unit of volatility. |
| Sortino | 0.63 | 1.07 | IYW | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.15 | 0.31 | IYW | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,226 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, EEM and IYW hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
EEM and IYW on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EEM and IYW do different jobs. What does each one do in a portfolio?
- What each follows. EEM follows MSCI Emerging Markets Index and IYW follows Russell 1000 Technology RIC 22.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 EEM returned +16.3% and IYW +23.2% with distributions reinvested, a gap of 6.9 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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.
IYW
IYW tracks an index of U.S. Technology. Over the year to Oct 28, 2026 it returned +23.2% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.37% 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 150 positions, with the top ten at 65.1%. It sat 5.5% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, EEM or IYW?
- In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and IYW +23.2%.
- Which is cheaper, EEM or IYW?
- IYW is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.
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 IYW, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-iyw
ETFIQ. (Oct 28, 2026). EEM against IYW. Retrieved from https://etfiq.com/compare/any/eem-vs-iyw
[EEM against IYW (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/eem-vs-iyw)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.