Data as of Oct 28, 2026.

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EEM vs USHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to USHY's +1.7%; 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 $26.3bn for iShares Broad USD High Yield Corporate Bond ETF.

At a glance
+16.3%
EEM total return, 1 year
+1.7%
USHY total return, 1 year
0.72%
EEM expense ratio
0.08%
USHY expense ratio

Pair scorecard

USHY costs 0.64 points a year less; their one-year returns differ by 14.6 points; EEM is 1.1 times larger.

EEM vs USHY: Differences, Returns & Fees
MeasureEEMUSHY
Return
Total return, 1 year+16.3%+1.7%
Drawdown
Below its high10.8%, high on Jun 22, 2026
Benchmark
What it tracksMSCI Emerging Markets IndexICE BofA US High Yield Constrained Index
Cost and size
Expense ratio0.72%0.08%
Net assets, as of Oct 27, 2026$29.1bn$26.3bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund37.2%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EEM USHY
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 USHY
1261229 BC LTD 144A 0.48%
ECHOSTAR CORP 0.40%
MERIDIAN ARC HOLDCO LLC 144A 0.36%
PR RNO PROPERTY OWNER 1 LLC 144A 0.31%
SOFTBANK GROUP CORP 144A 0.30%
SOFTBANK GROUP CORP 144A 0.29%
CLOUD SOFTWARE GROUP LLC 144A 0.27%
QUIKRETE HOLDINGS INC 144A 0.27%
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Side by side

EEM iShares MSCI Emerging Markets ETF USHY iShares Broad USD High Yield Corporate Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks an index of Emerging markets Tracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year +16.3% +1.7%
Its benchmark over the same days not measured +1.8% (SPHY)
Gap to its benchmark not measured −0.1 pts vs SPHY
Expense ratio 0.72% 0.08%
Holdings 1186 1900
Net assets, as of Oct 27, 2026 $29.1bn $26.3bn

EEM and USHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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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.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, EEM or USHY?
In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and USHY +1.7%.
Which is cheaper, EEM or USHY?
USHY is cheaper, by 0.64 percentage points a year. That is about $64 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EEM against USHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-ushy

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