EEM vs SPEM: Differences, Returns & Fees

EEM and SPEM hold 42% of their weight in the same names, and EEM returned +26.3% over the year. Net assets: $31.0bn on Oct 9, 2026 for iShares MSCI Emerging Markets ETF, and $17.5bn on Oct 8, 2026 for State Street SPDR Portfolio Emerging Markets ETF.

SPEM costs 0.65 points a year less; their one-year returns differ by 12.6 points; EEM is 1.8 times larger.

EEMSPEM
Expense ratio0.72%0.07%
Net assets, as of Oct 8, 2026$30.7bn$17.5bn
Total return, 1 year+26.3%+13.7%
What it tracksMSCI Emerging Markets IndexS&P Emerging BMI Index ?
Holdings in common42%
Top ten holdings, share of the fund38.9%26.5%
Below its high6.2%, high on Jun 22, 2026

Holdings in common uses holdings dated Oct 8, 2026.

+26.3%
EEM total return, 1 year
+13.7%
SPEM total return, 1 year
0.72%
EEM expense ratio
0.07%
SPEM expense ratio

What they hold in common

By the books each fund has filed, EEM and SPEM hold 42% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

half

42% in common

Positions both hold, largest shared weight first
Holding EEM SPEM
TENCENT HOLDINGS 2.62% 2.58%
ALIBABA GROUP HOLDING 1.82% 2.02%
MEDIATEK 1.73% 1.88%
DELTA ELECTRONICS 0.98% 1.03%
CHINA CONSTRUCTION BANK CORP H 0.84% 0.96%
HON HAI PRECISION INDUSTRY 0.78% 0.87%
HDFC BANK 0.66% 0.70%
ICICI BANK 0.60% 0.68%
NU HOLDINGS CLASS A 0.45% 0.45%
ELITE MATERIAL 0.44% 0.44%
UNIMICRON TECHNOLOGY 0.44% 0.49%
BHARTI AIRTEL LTD 0.43% 0.50%
Only in EEM
TAIWAN SEMICONDUCTOR MANUFACTURING 16.02%
SAMSUNG ELECTRONICS LTD 7.46%
SK HYNIX 5.65%
SAMSUNG ELECTRONICS NON VOTING PRE 0.95%
ASE TECHNOLOGY HOLDING 0.63%
SK SQUARE 0.59%
RELIANCE INDUSTRIES LTD 0.57%
SAMSUNG ELECTRO MECHANICS LTD 0.53%
Only in SPEM
TAIWAN SEMICONDUCTOR MANUFAC 15.00%
ASE TECHNOLOGY HOLDING CO LT 0.77%
RELIANCE INDS SPONS GDR 144A 0.69%
IND + COMM BK OF CHINA H 0.55%
CTBC FINANCIAL HOLDING CO LT 0.52%
UNITED MICROELECTRON SP ADR 0.49%
ITAU UNIBANCO H SPON PRF ADR 0.45%
PETROLEO BRASIL SP PREF ADR 0.38%

Check overlap with more funds →

On the same fields

EEM
iShares MSCI Emerging Markets ETF
SPEM
State Street SPDR Portfolio Emerging Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks an index
Total return, 1 year +26.3% +13.7%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +9.0 pts −3.6 pts
Expense ratio 0.72% 0.07%
Already in the S&P 500 0.0% 0.0%
Holdings 1188 2746
Net assets, EEM as of Oct 9, 2026 and SPEM as of Oct 8, 2026 $31.0bn $17.5bn

EEM and SPEM on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

EEM in plain words

EEM tracks an index of Emerging markets. Over the year to Oct 9, 2026 it returned +26.3% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.72% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,188 positions, with the top ten at 38.9%. It sat 6.2% below its high of Jun 22, 2026 on Oct 9, 2026.

SPEM in plain words

SPEM tracks an index. Over the year to Oct 9, 2026 it returned +13.7% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,746 positions, with the top ten at 26.5%.

Questions people ask

Which returned more over the last year, EEM or SPEM?
In the year to Oct 9, 2026, with distributions reinvested, EEM returned +26.3% and SPEM +13.7%.
Which is cheaper, EEM or SPEM?
SPEM is cheaper, by 0.65 percentage points a year. That is about $65 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and SPEM overlap with the S&P 500?
By their latest filed holdings, 0% of EEM and 0% of SPEM by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, EEM against SPEM, data as of Oct 9, 2026. https://etfiq.com/compare/any/eem-vs-spem

Open data

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