Which returned more over the last year, FRDM or IEMG?

In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and IEMG +13.9%.

Which is cheaper, FRDM or IEMG?

IEMG is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FRDM and IEMG overlap with the S&P 500?

By their latest filed holdings, 0% of FRDM and 0% of IEMG by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

FRDM vs IEMG: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Nov 4, 2026, FRDM returned +33.5% to IEMG's +13.9%; 28% of their weight is in the same names.

askIQ about this page

askIQ about FRDM and IEMG

Net assets: $3.6bn on Jun 30, 2026 for Freedom 100 Emerging Markets ETF, and $146.2bn on Nov 3, 2026 for iShares Core MSCI Emerging Markets ETF.

FRDM on its own →IEMG on its own →

At a glance

+33.5%

FRDM total return, 1 year

+13.9%

IEMG total return, 1 year

0.49%

FRDM expense ratio

0.09%

IEMG expense ratio

Pair scorecard

IEMG costs 0.40 points a year less; their one-year returns differ by 19.6 points.

FRDM vs IEMG: Differences, Returns & Fees
Measure	FRDM	IEMG
Return
Measure	FRDM	IEMG
Total return, 1 year	+33.5%	+13.9%
Drawdown
Measure	FRDM	IEMG
Below its high	17.7%, high on Jun 22, 2026	12.9%, high on Jun 22, 2026
Benchmark
Measure	FRDM	IEMG
What it tracks	not read by ETFIQ	MSCI Emerging Markets Investable Market Index (IMI)
Cost and size
Measure	FRDM	IEMG
Expense ratio	0.49%	0.09%
Net assets, FRDM as of Jun 30, 2026 and IEMG as of Nov 3, 2026	$3.6bn	$146.2bn
Holdings
Measure	FRDM	IEMG
Holdings in common	28%
Top ten holdings, share of the fund	56.6%	32.6%

Method

What they share

28%

By the books each fund has filed, FRDM and IEMG hold 28% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

28% in common

Positions both hold · largest shared weight first FRDM IEMG

Taiwan Semiconductor Manufacturing Co Ltd 8.52% 13.57%

Samsung Electronics Co Ltd 13.07% 6.03%

SK hynix Inc 12.28% 4.54%

MediaTek Inc 5.46% 1.27%

Hon Hai Precision Industry Co Ltd 2.50% 0.72%

Delta Electronics Inc 3.08% 0.59%

ASE Technology Holding Co Ltd 1.51% 0.49%

SK Square Co Ltd 1.25% 0.49%

Fubon Financial Holding Co Ltd 1.15% 0.31%

CTBC Financial Holding Co Ltd 0.96% 0.30%

Cathay Financial Holding Co Ltd 0.79% 0.26%

Gold Fields Ltd 0.52% 0.25%

Only in one fund ↓

Only in FRDM

Bank Polska Kasa Opieki SA 2.66%

Vale SA 2.65%

Falabella SA 2.17%

Malayan Banking Bhd 1.67%

Banco de Credito e Inversiones SA 1.44%

United Microelectronics Corp 1.43%

Public Bank Bhd 0.80%

CD Projekt SA 0.69%

Only in IEMG

TENCENT HOLDINGS 2.45%

ALIBABA GROUP HOLDING 1.67%

CHINA CONSTRUCTION BANK CORP H 0.85%

SAMSUNG ELECTRONICS NON VOTING PRE 0.81%

HDFC BANK 0.69%

ICICI BANK 0.63%

RELIANCE INDUSTRIES LTD 0.63%

INDUSTRIAL AND COMMERCIAL BANK OF 0.50%

Check overlap with more funds →

Side by side

FRDM Freedom 100 Emerging Markets ETF IEMG iShares Core MSCI Emerging Markets ETF

Where it sits Stock ETF Stock ETF

Issuer Life + Liberty iShares

What it is Tracks an index Tracks the MSCI Emerging Markets

Total return, 1 year +33.5% +13.9%

Its benchmark over the same days +14.3% (GSEE) +15.0% (EEM)

Gap to its benchmark +19.2 pts vs GSEE −1.1 pts vs EEM

Expense ratio 0.49% 0.09%

Already in the S&P 500 0.0% 0.0%

Holdings 126 2859

Net assets, FRDM as of Jun 30, 2026 and IEMG as of Nov 3, 2026 $3.6bn $146.2bn

FRDM and IEMG on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Alert

About each fund

FRDM

FRDM tracks an index. Over the year to Nov 4, 2026 it returned +33.5% with distributions reinvested, against +14.3% for its benchmark, the Solactive GBS Emerging Markets Large & Mid Cap Index. The prospectus expense ratio is 0.49% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 56.6%. It sat 17.7% below its high of Jun 22, 2026 on Nov 4, 2026.

IEMG

IEMG tracks the MSCI Emerging Markets. Over the year to Nov 4, 2026 it returned +13.9% with distributions reinvested, against +15.0% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,859 positions, with the top ten at 32.6%. It sat 12.9% below its high of Jun 22, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, FRDM or IEMG?: In the year to Nov 4, 2026, with distributions reinvested, FRDM returned +33.5% and IEMG +13.9%.
Which is cheaper, FRDM or IEMG?: IEMG is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FRDM and IEMG overlap with the S&P 500?: By their latest filed holdings, 0% of FRDM and 0% of IEMG by weight is stocks the S&P 500 already holds.

Other comparisons

FRDM vs VWO EEM vs FRDM AVEM vs FRDM DEM vs FRDM DEM vs IEMG CGNG vs IEMG IEMG vs XSOE IEMG vs XCEM

Where to next

FRDM on its own →IEMG on its own →Hold both: look the portfolio through →Rankings →FRDM dividend history →FRDM holdings →IEMG dividend history →IEMG holdings →Standards and sources →

Sources and dates

FRDM filings on SEC EDGAR ↗

FRDM prospectus with the expense ratio (SEC) ↗

IEMG filings on SEC EDGAR ↗

IEMG prospectus with the expense ratio (SEC) ↗

iShares page for IEMG ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FRDM against IEMG, data as of Nov 4, 2026. https://etfiq.com/compare/any/frdm-vs-iemg

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.