Data as of Oct 28, 2026.

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EMXC vs IXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMXC returned +33.8% to IXUS's +14.1%; 22% of their weight is in the same names.

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Net assets: $26.9bn on Oct 28, 2026 for iShares MSCI Emerging Markets ex China ETF, and $57.6bn on Oct 27, 2026 for iShares Core MSCI Total International Stock ETF.

At a glance
+33.8%
EMXC total return, 1 year
+14.1%
IXUS total return, 1 year
0.25%
EMXC expense ratio
0.07%
IXUS expense ratio

Pair scorecard

IXUS costs 0.18 points a year less; their one-year returns differ by 19.7 points; IXUS is 2.2 times larger.

EMXC vs IXUS: Differences, Returns & Fees
MeasureEMXCIXUS
Return
Total return, 1 year+33.8%+14.1%
Drawdown
Below its high11.3%, high on Jun 22, 20264.9%, high on Sep 4, 2026
Benchmark
What it tracksMSCI Emerging Markets ex China IndexMSCI ACWI ex USA IMI
Cost and size
Expense ratio0.25%0.07%
Net assets, as of Oct 27, 2026$26.4bn$57.6bn
Holdings
Holdings in common22%
Top ten holdings, share of the fund42.2%13.5%

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

Risk and return

Aug 4, 2017 to Oct 23, 2026 · 481 weekly returns
EMXC IXUS
Return
Total return edge EMXC +122.9% +100.1%
Annualized edge EMXC +9.1% +7.8%
Price return edge EMXC +80.5% +54.5%
Risk
Volatility edge IXUS 19.2% 17.1%
Max drawdown edge IXUS −40.7% −34.6%
Downside capture 97.9% 99.4%
Beta 0.97 0.99
Risk-adjusted
Sharpe edge EMXC (slight) 0.41 0.37
Sortino edge EMXC (slight) 0.57 0.51
Treynor 0.098 0.068
Calmar edge Tie 0.22 0.22
Against the benchmark
Alpha −0.8% a year +0.3% a year
Alpha t-stat −0.59 0.64
Information ratio −0.30 0.14
Tracking error 3.6% 1.5%

Each against its own benchmark: EMXC against KEMX, Apr 18, 2019 to Oct 23, 2026; IXUS against ACWX, Nov 2, 2012 to Oct 23, 2026.

Reading

EMXC returned more: +122.9% to +100.1%. IXUS swung less: 17.1% to 19.2%. IXUS fell less at its worst: −34.6% to −40.7%.

Full scorecard

19 measures, with how each is measured
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Risk and return: EMXC vs IXUS: Differences, Returns & Fees
MeasureEMXCIXUSEdgeHow it is measured
Return
Total return+122.9%+100.1%EMXCPrice change plus distributions, reinvested.
Annualized+9.1%+7.8%EMXCTotal return as a yearly rate.
Price return+80.5%+54.5%EMXCPrice change alone, distributions left out.
Risk
Volatility19.2%17.1%IXUSSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%12.3%IXUSLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−40.7%−34.6%IXUSDeepest fall from a high to the low after it.
Upside capture92.3%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture97.9%99.4%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.970.99Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.970.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.410.37EMXC (slight)Return above Treasury bills per unit of volatility.
Sortino0.570.51EMXC (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.0980.068Return above Treasury bills per unit of beta.
Calmar0.220.22TieAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkKEMXACWXThe ETF each fund is measured against.
Alpha−0.8% a year+0.3% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat−0.590.64Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−3.3% to +1.8%−0.5% to +1.1%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.300.14Return against its benchmark per unit of tracking error.
Tracking error3.6%1.5%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 481 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

22%

By the books each fund has filed, EMXC and IXUS hold 22% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

22% in common

Positions both hold · largest shared weight first EMXC IXUS
TAIWAN SEMICONDUCTOR MANUFACTURING 19.91% 4.39%
SAMSUNG ELECTRONICS LTD 8.58% 1.90%
SK HYNIX 6.12% 1.35%
MEDIATEK 1.92% 0.43%
SAMSUNG ELECTRONICS NON VOTING PRE 1.14% 0.25%
DELTA ELECTRONICS 0.99% 0.22%
HON HAI PRECISION INDUSTRY 1.02% 0.22%
HDFC BANK 0.89% 0.20%
ICICI BANK 0.84% 0.19%
RELIANCE INDUSTRIES LTD 0.79% 0.17%
ASE TECHNOLOGY HOLDING 0.73% 0.16%
BHARTI AIRTEL LTD 0.64% 0.14%
Only in one fund ↓
Only in EMXC
TMBTHANACHART BANK NON-VOTING DR P 0.02%
AED/USD 0.00%
AED/USD 0.00%
AED/USD 0.00%
AED/USD 0.00%
AED/USD 0.00%
AED/USD 0.00%
AED/USD 0.00%
Only in IXUS
ASML HOLDING 1.53%
ROCHE PS PAR AG 0.82%
SHELL 0.73%
TENCENT HOLDINGS 0.73%
HSBC HOLDINGS PLC 0.72%
NOVARTIS AG 0.69%
ROYAL BANK OF CANADA 0.68%
ASTRAZENECA PLC 0.62%
Check overlap with more funds →

Side by side

EMXC iShares MSCI Emerging Markets ex China ETF IXUS iShares Core MSCI Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets ex China Tracks the MSCI Total International Stock
Total return, 1 year +33.8% +14.1%
Its benchmark over the same days +37.0% (KEMX) +14.3% (ACWX)
Gap to its benchmark −3.2 pts vs KEMX −0.2 pts vs ACWX
Expense ratio 0.25% 0.07%
Already in the S&P 500 0.0% 0.0%
Holdings 696 4584
Net assets, EMXC as of Oct 28, 2026 and IXUS as of Oct 27, 2026 $26.9bn $57.6bn

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

Client brief · page 1 of 2 Report BR-89FCD1BEEB

EMXC and IXUS do different jobs. What does each one do in a portfolio?

  1. What each follows. EMXC follows MSCI Emerging Markets ex China Index and IXUS follows MSCI ACWI ex USA IMI.
  2. Holdings in common. 22% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 EMXC returned +33.8% and IXUS +14.1% with distributions reinvested, a gap of 19.7 points.

Data as of Oct 28, 2026.

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About each fund
EMXC

EMXC tracks the MSCI Emerging Markets ex China. Over the year to Oct 28, 2026 it returned +33.8% with distributions reinvested, against +37.0% for its benchmark, the MSCI Emerging Markets ex China Index. The prospectus expense ratio is 0.25% 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 696 positions, with the top ten at 42.2%. It sat 11.3% below its high of Jun 22, 2026 on Oct 28, 2026.

IXUS

IXUS tracks the MSCI Total International Stock. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% 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 4,584 positions, with the top ten at 13.5%. It sat 4.9% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMXC or IXUS?
In the year to Oct 28, 2026, with distributions reinvested, EMXC returned +33.8% and IXUS +14.1%.
Which is cheaper, EMXC or IXUS?
IXUS is cheaper, by 0.18 percentage points a year. That is about $18 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EMXC and IXUS overlap with the S&P 500?
By their latest filed holdings, 0% of EMXC and 0% of IXUS by weight is stocks the S&P 500 already holds.
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ETFIQ, EMXC against IXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/emxc-vs-ixus

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