Data as of Oct 28, 2026.

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EMXC vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EMXC returned +33.8% to XLB's +18.5%; 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 $8.1bn on Oct 27, 2026 for State Street Materials Select Sector SPDR ETF.

At a glance
+33.8%
EMXC total return, 1 year
+18.5%
XLB total return, 1 year
0.25%
EMXC expense ratio
0.08%
XLB expense ratio

Pair scorecard

XLB costs 0.17 points a year less; their one-year returns differ by 15.3 points; EMXC is 3.3 times larger.

EMXC vs XLB: Differences, Returns & Fees
MeasureEMXCXLB
Return
Total return, 1 year+33.8%+18.5%
Drawdown
Below its high11.3%, high on Jun 22, 2026
Benchmark
What it tracksMSCI Emerging Markets ex China IndexMaterials Select Sector Index
Cost and size
Expense ratio0.25%0.08%
Net assets, as of Oct 27, 2026$26.4bn$8.1bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund42.2%58.5%

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

What they share

0%

By the books each fund has filed, EMXC and XLB 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 EMXC XLB
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 XLB
LINDE PLC 12.96%
NEWMONT CORP 6.56%
FREEPORT MCMORAN INC 5.23%
ECOLAB INC 4.98%
VULCAN MATERIALS CO 4.89%
NUCOR CORP 4.89%
AIR PRODUCTS + CHEMICALS INC 4.84%
STEEL DYNAMICS INC 4.77%
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Side by side

EMXC iShares MSCI Emerging Markets ex China ETF XLB State Street Materials Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets ex China Tracks an index of Materials
Total return, 1 year +33.8% +18.5%
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% 0.08%
Already in the S&P 500 0.0% 99.8%
Holdings 696 25
Net assets, EMXC as of Oct 28, 2026 and XLB as of Oct 27, 2026 $26.9bn $8.1bn

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

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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.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, EMXC or XLB?
In the year to Oct 28, 2026, with distributions reinvested, EMXC returned +33.8% and XLB +18.5%.
Which is cheaper, EMXC or XLB?
XLB is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EMXC and XLB overlap with the S&P 500?
By their latest filed holdings, 0% of EMXC and 100% of XLB by weight is stocks the S&P 500 already holds.
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ETFIQ, EMXC against XLB, data as of Oct 28, 2026. https://etfiq.com/compare/any/emxc-vs-xlb

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