Data as of Oct 28, 2026.

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EMXC vs VXF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMXC returned +33.8% to VXF's +10.6%; 0% 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 $30.2bn on Sep 30, 2026 for Vanguard Extended Market ETF.

At a glance
+33.8%
EMXC total return, 1 year
+10.6%
VXF total return, 1 year
0.25%
EMXC expense ratio
0.05%
VXF expense ratio

Pair scorecard

VXF costs 0.20 points a year less; their one-year returns differ by 23.2 points; VXF is 1.2 times larger.

EMXC vs VXF: Differences, Returns & Fees
MeasureEMXCVXF
Return
Total return, 1 year+33.8%+10.6%
Drawdown
Below its high11.3%, high on Jun 22, 20266.6%, high on Aug 14, 2026
Benchmark
What it tracksMSCI Emerging Markets ex China IndexS&P Completion Index
Cost and size
Expense ratio0.25%0.05%
Net assets, as of Sep 30, 2026$25.3bn$30.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund42.2%11.3%

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

Risk and return

Aug 4, 2017 to Oct 23, 2026 · 481 weekly returns
EMXC VXF
Return
Total return edge VXF +122.9% +150.2%
Annualized edge VXF +9.1% +10.4%
Price return edge VXF +80.5% +122.5%
Risk
Volatility edge EMXC 19.2% 22.8%
Max drawdown edge Tie −40.7% −39.9%
Risk-adjusted
Sharpe edge VXF (slight) 0.41 0.43
Sortino edge VXF (slight) 0.57 0.62
Calmar edge VXF 0.22 0.26
Reading

VXF returned more: +150.2% to +122.9%. EMXC swung less: 19.2% to 22.8%. EMXC and VXF fell about the same at their worst: −40.7% and −39.9%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: EMXC vs VXF: Differences, Returns & Fees
MeasureEMXCVXFEdgeHow it is measured
Return
Total return+122.9%+150.2%VXFPrice change plus distributions, reinvested.
Annualized+9.1%+10.4%VXFTotal return as a yearly rate.
Price return+80.5%+122.5%VXFPrice change alone, distributions left out.
Risk
Volatility19.2%22.8%EMXCSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%15.9%EMXCLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−40.7%−39.9%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.410.43VXF (slight)Return above Treasury bills per unit of volatility.
Sortino0.570.62VXF (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.220.26VXFAnnualized return divided by the max drawdown.

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

0%

By the books each fund has filed, EMXC and VXF 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 EMXC VXF
VALTERRA PLATINUM LTD 0.20% 0.06%
MTN GROUP 0.23% 0.06%
SANLAM LIMITED LTD 0.10% 0.05%
MOTOR OIL (HELLAS) CORINTH REFINER 0.05% 0.12%
OUTSURANCE GROUP 0.05% 0.06%
ABSA GROUP 0.13% 0.04%
HELLENIC TELECOMMUNICATIONS ORGANI 0.03% 0.03%
SM INVESTMENTS 0.02% 0.10%
PUBLIC POWER CORPORATION SA 0.07% 0.01%
FIRST FINANCIAL HOLDING LTD 0.16% 0.01%
EASTERN CO. 0.01% 0.00%
AK ALROSA 0.00% 0.01%
Only in one fund ↓
Only in EMXC
TAIWAN SEMICONDUCTOR MANUFACTURING 19.91%
SAMSUNG ELECTRONICS LTD 8.58%
SK HYNIX 6.12%
MEDIATEK 1.92%
SAMSUNG ELECTRONICS NON VOTING PRE 1.14%
HON HAI PRECISION INDUSTRY 1.02%
DELTA ELECTRONICS 0.99%
HDFC BANK 0.89%
Only in VXF
Space Exploration Technologies Corp 2.50%
SLCMT1142 2.26%
Snowflake Inc 1.42%
Cloudflare Inc 1.35%
Natera Inc 0.72%
Strategy Inc 0.67%
Astera Labs Inc 0.67%
Cheniere Energy Inc 0.67%
Check overlap with more funds →

Side by side

EMXC iShares MSCI Emerging Markets ex China ETF VXF Vanguard Extended Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets ex China Tracks an index of Extended Market
Total return, 1 year +33.8% +10.6%
Its benchmark over the same days +37.0% (KEMX) not measured
Gap to its benchmark −3.2 pts vs KEMX not measured
Expense ratio 0.25% 0.05%
Already in the S&P 500 0.0% 0.0%
Holdings 696 3361
Net assets, EMXC as of Oct 28, 2026 and VXF as of Sep 30, 2026 $26.9bn $30.2bn

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

Client brief · page 1 of 2 Report BR-FA074B28B7

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

  1. What each follows. EMXC follows MSCI Emerging Markets ex China Index and VXF follows S&P Completion Index.
  2. Holdings in common. 0% 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 EMXC returned +33.8% and VXF +10.6% with distributions reinvested, a gap of 23.2 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.

VXF

VXF tracks an index of Extended Market. Over the year to Oct 28, 2026 it returned +10.6% 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 3,361 positions, with the top ten at 11.3%. It sat 6.6% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMXC or VXF?
In the year to Oct 28, 2026, with distributions reinvested, EMXC returned +33.8% and VXF +10.6%.
Which is cheaper, EMXC or VXF?
VXF is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EMXC and VXF overlap with the S&P 500?
By their latest filed holdings, 0% of EMXC and 0% of VXF by weight is stocks the S&P 500 already holds.
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ETFIQ, EMXC against VXF, data as of Oct 28, 2026. https://etfiq.com/compare/any/emxc-vs-vxf

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