Data as of Oct 28, 2026.

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IEMG vs IXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEMG returned +15.3% to IXUS's +14.1%; 30% of their weight is in the same names.

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Net assets on Oct 27, 2026: $150.4bn for iShares Core MSCI Emerging Markets ETF and $57.6bn for iShares Core MSCI Total International Stock ETF.

At a glance
+15.3%
IEMG total return, 1 year
+14.1%
IXUS total return, 1 year
0.09%
IEMG expense ratio
0.07%
IXUS expense ratio

Pair scorecard

IXUS costs 0.02 points a year less; their one-year returns differ by 1.2 points; IEMG is 2.6 times larger.

IEMG vs IXUS: Differences, Returns & Fees
MeasureIEMGIXUS
Return
Total return, 1 year+15.3%+14.1%
Drawdown
Below its high10.1%, high on Jun 22, 20264.9%, high on Sep 4, 2026
Benchmark
What it tracksMSCI Emerging Markets Investable Market Index (IMI)MSCI ACWI ex USA IMI
Cost and size
Expense ratio0.09%0.07%
Net assets, as of Oct 27, 2026$150.4bn$57.6bn
Holdings
Holdings in common30%
Top ten holdings, share of the fund32.7%13.5%

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

Risk and return

Nov 2, 2012 to Oct 23, 2026 · 729 weekly returns
IEMG IXUS
Return
Total return edge IXUS +120.7% +177.4%
Annualized edge IXUS +5.8% +7.5%
Price return edge IXUS +56.0% +90.2%
Risk
Volatility edge IXUS 18.2% 15.8%
Max drawdown edge IXUS (slight) −37.1% −34.6%
Downside capture 97.1% 99.4%
Beta 0.96 0.99
Risk-adjusted
Sharpe edge IXUS 0.30 0.42
Sortino edge IXUS 0.42 0.59
Treynor 0.057 0.068
Calmar edge IXUS 0.16 0.22
Against the benchmark
Alpha +0.7% a year +0.3% a year
Alpha t-stat 2.17 0.64
Information ratio 0.38 0.14
Tracking error 1.4% 1.5%

Each against its own benchmark: IEMG against EEM, Nov 2, 2012 to Oct 23, 2026; IXUS against ACWX, Nov 2, 2012 to Oct 23, 2026.

Reading

IXUS returned more: +177.4% to +120.7%. IXUS swung less: 15.8% to 18.2%. IXUS fell slightly less at its worst: −34.6% to −37.1%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: IEMG vs IXUS: Differences, Returns & Fees
MeasureIEMGIXUSEdgeHow it is measured
Return
Total return+120.7%+177.4%IXUSPrice change plus distributions, reinvested.
Annualized+5.8%+7.5%IXUSTotal return as a yearly rate.
Price return+56.0%+90.2%IXUSPrice change alone, distributions left out.
Risk
Volatility18.2%15.8%IXUSSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.0%11.3%IXUSLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−37.1%−34.6%IXUS (slight)Deepest fall from a high to the low after it.
Upside capture94.6%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture97.1%99.4%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.960.99Not an edgeHow far it moves for each 1% its benchmark moves.
R squared1.000.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.300.42IXUSReturn above Treasury bills per unit of volatility.
Sortino0.420.59IXUSReturn above Treasury bills per unit of downside deviation.
Treynor0.0570.068Return above Treasury bills per unit of beta.
Calmar0.160.22IXUSAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkEEMACWXThe ETF each fund is measured against.
Alpha+0.7% a year+0.3% a yearIXUS not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat2.170.64Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range+0.1% to +1.4%−0.5% to +1.1%IXUS includes zeroThe 95% range for the yearly alpha.
Information ratio0.380.14Return against its benchmark per unit of tracking error.
Tracking error1.4%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, 729 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

30%

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

0 half 100%

half

30% in common

Positions both hold · largest shared weight first IEMG IXUS
TAIWAN SEMICONDUCTOR MANUFACTURING 14.03% 4.39%
SAMSUNG ELECTRONICS LTD 6.05% 1.90%
SK HYNIX 4.31% 1.35%
TENCENT HOLDINGS 2.32% 0.73%
ALIBABA GROUP HOLDING 1.60% 0.50%
MEDIATEK 1.36% 0.43%
CHINA CONSTRUCTION BANK CORP H 0.83% 0.26%
SAMSUNG ELECTRONICS NON VOTING PRE 0.80% 0.25%
DELTA ELECTRONICS 0.70% 0.22%
HON HAI PRECISION INDUSTRY 0.72% 0.22%
HDFC BANK 0.63% 0.20%
ICICI BANK 0.60% 0.19%
Only in one fund ↓
Only in IEMG
ABOITIZ EQUITY VENTURES PHP1 0.01%
ACC LTD 0.01%
ADARO ANDALAN INDONESIA 0.01%
ADMIE HOLDING COMPANY SA SHRS 0.01%
AL AHLI BANK 0.01%
AL MASANE AL KOBRA MINING 0.01%
AL MOAMMAR INFORMATION SYSTEMS 0.01%
AL NAHDI MEDICAL 0.01%
Only in IXUS
ASML HOLDING 1.53%
ROCHE PS PAR AG 0.82%
SHELL 0.73%
HSBC HOLDINGS PLC 0.72%
NOVARTIS AG 0.69%
ROYAL BANK OF CANADA 0.68%
ASTRAZENECA PLC 0.62%
NESTLE SA 0.62%
Check overlap with more funds →

Side by side

IEMG iShares Core MSCI Emerging Markets ETF IXUS iShares Core MSCI Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets Tracks the MSCI Total International Stock
Total return, 1 year +15.3% +14.1%
Its benchmark over the same days +16.3% (EEM) +14.3% (ACWX)
Gap to its benchmark −1.0 pts vs EEM −0.2 pts vs ACWX
Expense ratio 0.09% 0.07%
Already in the S&P 500 0.0% 0.0%
Holdings 2857 4584
Net assets, as of Oct 27, 2026 $150.4bn $57.6bn

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

Client brief · page 1 of 2 Report BR-5CBA07D44D

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

  1. What each follows. IEMG follows MSCI Emerging Markets Investable Market Index (IMI) and IXUS follows MSCI ACWI ex USA IMI.
  2. Holdings in common. 30% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return (similar). Over 1 year to Oct 28, 2026 IEMG returned +15.3% and IXUS +14.1% with distributions reinvested, a gap of 1.2 points.

Data as of Oct 28, 2026.

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About each fund
IEMG

IEMG tracks the MSCI Emerging Markets. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested, against +16.3% 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 Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,857 positions, with the top ten at 32.7%. It sat 10.1% 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, IEMG or IXUS?
In the year to Oct 28, 2026, with distributions reinvested, IEMG returned +15.3% and IXUS +14.1%.
Which is cheaper, IEMG or IXUS?
IXUS is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEMG and IXUS overlap with the S&P 500?
By their latest filed holdings, 0% of IEMG and 0% of IXUS by weight is stocks the S&P 500 already holds.
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ETFIQ, IEMG against IXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/iemg-vs-ixus

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