Data as of Oct 28, 2026.

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EEM vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to VTWO's +14.3%; 0% of their weight is in the same names.

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Net assets: $29.1bn on Oct 27, 2026 for iShares MSCI Emerging Markets ETF, and $16.6bn on Sep 30, 2026 for Vanguard Russell 2000 ETF.

At a glance
+16.3%
EEM total return, 1 year
+14.3%
VTWO total return, 1 year
0.72%
EEM expense ratio
0.06%
VTWO expense ratio

Pair scorecard

VTWO costs 0.66 points a year less; their one-year returns differ by 2.0 points; EEM is 1.9 times larger.

EEM vs VTWO: Differences, Returns & Fees
MeasureEEMVTWO
Return
Total return, 1 year+16.3%+14.3%
Drawdown
Below its high10.8%, high on Jun 22, 20267.5%, high on Aug 14, 2026
Benchmark
What it tracksMSCI Emerging Markets IndexRussell 2000 Index
Cost and size
Expense ratio0.72%0.06%
Net assets, as of Sep 30, 2026$31.1bn$16.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund37.2%5.4%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, EEM and VTWO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EEM VTWO
VALTERRA PLATINUM LTD 0.16% 0.15%
ABSA GROUP 0.10% 0.10%
OUTSURANCE GROUP 0.04% 0.15%
HELLENIC TELECOMMUNICATIONS ORGANI 0.03% 0.07%
FIRST FINANCIAL HOLDING LTD 0.13% 0.03%
SM INVESTMENTS 0.02% 0.27%
AK ALROSA 0.00% 0.02%
INR/USD 0.00% 0.01%
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 VTWO
SLBBH1142 2.36%
Twist Bioscience Corp 0.42%
Moog Inc 0.36%
10X Genomics Inc 0.35%
JFrog Ltd 0.35%
UMB Financial Corp 0.32%
BrightSpring Health Services Inc 0.31%
Glaukos Corp 0.31%
Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF VTWO Vanguard Russell 2000 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks the Russell 2000
Total return, 1 year +16.3% +14.3%
Its benchmark over the same days not measured +14.1% (IWM)
Gap to its benchmark not measured +0.2 pts vs IWM
Expense ratio 0.72% 0.06%
Already in the S&P 500 0.0% 0.5%
Holdings 1186 2002
Net assets, EEM as of Oct 27, 2026 and VTWO as of Sep 30, 2026 $29.1bn $16.6bn

EEM and VTWO 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.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EEM or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and VTWO +14.3%.
Which is cheaper, EEM or VTWO?
VTWO is cheaper, by 0.66 percentage points a year. That is about $66 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and VTWO overlap with the S&P 500?
By their latest filed holdings, 0% of EEM and 0% of VTWO by weight is stocks the S&P 500 already holds.
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ETFIQ, EEM against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-vtwo

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