Data as of Oct 28, 2026.

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EEM vs VXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EEM returned +16.3% to VXUS's +13.8%; 24% 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 $163.2bn on Sep 30, 2026 for Vanguard Total International Stock ETF.

At a glance
+16.3%
EEM total return, 1 year
+13.8%
VXUS total return, 1 year
0.72%
EEM expense ratio
0.05%
VXUS expense ratio

Pair scorecard

VXUS costs 0.67 points a year less; their one-year returns differ by 2.5 points; VXUS is 5.2 times larger.

EEM vs VXUS: Differences, Returns & Fees
MeasureEEMVXUS
Return
Total return, 1 year+16.3%+13.8%
Drawdown
Below its high10.8%, high on Jun 22, 20265.1%, high on Sep 4, 2026
Benchmark
What it tracksMSCI Emerging Markets IndexFTSE Global All Cap ex US Index
Cost and size
Expense ratio0.72%0.05%
Net assets, as of Sep 30, 2026$31.1bn$163.2bn
Holdings
Holdings in common24%
Top ten holdings, share of the fund37.2%14.6%

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

Risk and return

Feb 4, 2011 to Oct 23, 2026 · 820 weekly returns
EEM VXUS
Return
Total return edge VXUS +85.8% +158.2%
Annualized edge VXUS +4.0% +6.2%
Price return edge VXUS +33.4% +62.6%
Risk
Volatility edge VXUS 19.6% 16.5%
Max drawdown edge VXUS −39.1% −34.6%
Risk-adjusted
Sharpe edge VXUS 0.22 0.35
Sortino edge VXUS 0.30 0.49
Calmar edge VXUS 0.10 0.18
Reading

VXUS returned more: +158.2% to +85.8%. VXUS swung less: 16.5% to 19.6%. VXUS fell less at its worst: −34.6% to −39.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: EEM vs VXUS: Differences, Returns & Fees
MeasureEEMVXUSEdgeHow it is measured
Return
Total return+85.8%+158.2%VXUSPrice change plus distributions, reinvested.
Annualized+4.0%+6.2%VXUSTotal return as a yearly rate.
Price return+33.4%+62.6%VXUSPrice change alone, distributions left out.
Risk
Volatility19.6%16.5%VXUSSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.9%11.8%VXUSLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−39.1%−34.6%VXUSDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.220.35VXUSReturn above Treasury bills per unit of volatility.
Sortino0.300.49VXUSReturn above Treasury bills per unit of downside deviation.
Calmar0.100.18VXUSAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 820 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

24%

By the books each fund has filed, EEM and VXUS hold 24% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

24% in common

Positions both hold · largest shared weight first EEM VXUS
TAIWAN SEMICONDUCTOR MANUFACTURING 15.98% 4.27%
SAMSUNG ELECTRONICS LTD 6.88% 2.03%
SK HYNIX 4.91% 1.67%
TENCENT HOLDINGS 2.64% 0.76%
ALIBABA GROUP HOLDING 1.82% 0.57%
MEDIATEK 1.54% 0.51%
DELTA ELECTRONICS 0.79% 0.26%
HON HAI PRECISION INDUSTRY 0.82% 0.22%
HDFC BANK 0.72% 0.19%
RELIANCE INDUSTRIES LTD 0.63% 0.19%
SK SQUARE 0.51% 0.17%
ASE TECHNOLOGY HOLDING 0.59% 0.17%
Only in one fund ↓
Only in EEM
CHINA CONSTRUCTION BANK CORP H 0.94%
SAMSUNG ELECTRONICS NON VOTING PRE 0.91%
INDUSTRIAL AND COMMERCIAL BANK OF 0.55%
BANK OF CHINA LTD H 0.45%
PETROLEO BRASILEIRO PREF SA 0.40%
NU HOLDINGS CLASS A 0.39%
CIA VALE DO RIO DOCE SH 0.38%
ITAU UNIBANCO HOLDING PREF SA 0.37%
Only in VXUS
SLCMT1142 1.66%
ASML Holding NV 1.55%
HSBC Holdings PLC 0.76%
Roche Holding AG 0.66%
Shell PLC 0.62%
Royal Bank of Canada 0.62%
Novartis AG 0.60%
MKTLIQ 0.59%
Check overlap with more funds →

Side by side

EEM iShares MSCI Emerging Markets ETF VXUS Vanguard Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Emerging markets Tracks an index of Total International Stock
Total return, 1 year +16.3% +13.8%
Expense ratio 0.72% 0.05%
Already in the S&P 500 0.0% 0.0%
Holdings 1186 8913
Net assets, EEM as of Oct 27, 2026 and VXUS as of Sep 30, 2026 $29.1bn $163.2bn

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

Client brief · page 1 of 2 Report BR-DBAAFF487C

EEM and VXUS do different jobs. What does each one do in a portfolio?

  1. What each follows. EEM follows MSCI Emerging Markets Index and VXUS follows FTSE Global All Cap ex US Index.
  2. Holdings in common. 24% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 EEM returned +16.3% and VXUS +13.8% with distributions reinvested, a gap of 2.5 points.

Data as of Oct 28, 2026.

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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.

VXUS

VXUS tracks an index of Total International Stock. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.05% 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 8,913 positions, with the top ten at 14.6%. It sat 5.1% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EEM or VXUS?
In the year to Oct 28, 2026, with distributions reinvested, EEM returned +16.3% and VXUS +13.8%.
Which is cheaper, EEM or VXUS?
VXUS is cheaper, by 0.67 percentage points a year. That is about $67 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EEM and VXUS overlap with the S&P 500?
By their latest filed holdings, 0% of EEM and 0% of VXUS by weight is stocks the S&P 500 already holds.
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ETFIQ, EEM against VXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/eem-vs-vxus

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