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

In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and SHY +1.6%.

Which is cheaper, EEM or SHY?

SHY 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.

Data as of Oct 28, 2026.

Across categories

EEM vs SHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to SHY's +1.6%; 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 $27.4bn for iShares 1-3 Year Treasury Bond ETF.

EEM on its own →SHY on its own →

At a glance

+16.3%

EEM total return, 1 year

+1.6%

SHY total return, 1 year

0.72%

EEM expense ratio

0.15%

SHY expense ratio

Pair scorecard

SHY costs 0.57 points a year less; their one-year returns differ by 14.7 points; EEM is 1.1 times larger.

EEM vs SHY: Differences, Returns & Fees
Measure	EEM	SHY
Return
Measure	EEM	SHY
Total return, 1 year	+16.3%	+1.6%
Drawdown
Measure	EEM	SHY
Below its high	10.8%, high on Jun 22, 2026
Benchmark
Measure	EEM	SHY
What it tracks	MSCI Emerging Markets Index	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	EEM	SHY
Expense ratio	0.72%	0.15%
Net assets, as of Oct 27, 2026	$29.1bn	$27.4bn
Holdings
Measure	EEM	SHY
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	37.2%

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

What they share

By the books each fund has filed, EEM and SHY 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 SHY

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 SHY

TREASURY NOTE 2.11%

TREASURY NOTE 1.99%

TREASURY NOTE 1.83%

TREASURY NOTE 1.73%

TREASURY NOTE 1.62%

TREASURY NOTE 1.54%

TREASURY NOTE 1.51%

TREASURY NOTE 1.49%

Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF SHY iShares 1-3 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of Emerging markets Tracks an index of 1-3 Year Treasury Bond

Total return, 1 year +16.3% +1.6%

Its benchmark over the same days not measured +1.7% (BBSB)

Gap to its benchmark not measured −0.1 pts vs BBSB

Expense ratio 0.72% 0.15%

Holdings 1186 90

Net assets, as of Oct 27, 2026 $29.1bn $27.4bn

EEM and SHY 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.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, EEM or SHY?: In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and SHY +1.6%.
Which is cheaper, EEM or SHY?: SHY 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.

Other comparisons

EEM vs VGSH EEM vs IEI EEM vs IGSB EEM vs SCHP SHY vs VWO IEMG vs SHY EMXC vs SHY AVEM vs SHY

Where to next

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

Sources and dates

EEM filings on SEC EDGAR ↗

EEM prospectus with the expense ratio (SEC) ↗

iShares page for EEM ↗

SHY filings on SEC EDGAR ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

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 SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-shy

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