IEMG vs PXH: Differences, Returns & Fees

IEMG and PXH hold 32% of their weight in the same names, and IEMG returned +25.3% over the year. Net assets on Oct 9, 2026: $160.2bn for iShares Core MSCI Emerging Markets ETF and $2.1bn for Invesco RAFI Emerging Markets ETF.

IEMG costs 0.38 points a year less; their one-year returns differ by 3.6 points; IEMG is far larger, $160.2bn against $2.1bn.

IEMG vs PXH: Differences, Returns & Fees
IEMGPXH
Expense ratio0.09%0.47%
Net assets$160.2bn$2.1bn
Total return, 1 year+25.3%+21.7%
What it tracksMSCI Emerging Markets Investable Market Index (IMI)RAFI Fundamental Select Emerging Markets 350 Index
Holdings in common32%
Holdings datedOct 9, 2026Oct 10, 2026
Top ten holdings, share of the fund34.0%29.2%
Below its high5.3%, high on Jun 22, 2026

Holdings in common uses holdings dated Oct 9, 2026.

+25.3%
IEMG total return, 1 year
+21.7%
PXH total return, 1 year
0.09%
IEMG expense ratio
0.47%
PXH expense ratio

What they hold in common

By the books each fund has filed, IEMG and PXH hold 32% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 9, 2026.

half

32% in common

Positions both hold, largest shared weight first
Holding IEMG PXH
TAIWAN SEMICONDUCTOR MANUFACTURING 14.01% 5.86%
TENCENT HOLDINGS 2.37% 2.24%
ALIBABA GROUP HOLDING 1.63% 3.15%
MEDIATEK 1.51% 1.91%
HON HAI PRECISION INDUSTRY 0.68% 2.54%
HDFC BANK 0.60% 0.67%
ASE TECHNOLOGY HOLDING 0.56% 0.81%
ICICI BANK 0.52% 0.60%
RELIANCE INDUSTRIES LTD 0.50% 0.87%
XIAOMI 0.40% 0.50%
DELTA ELECTRONICS 0.85% 0.37%
PETROLEO BRASILEIRO SA PETROBRAS 0.34% 5.34%
Only in IEMG
SAMSUNG ELECTRONICS LTD 6.50%
SK HYNIX 4.93%
SAMSUNG ELECTRONICS NON VOTING PRE 0.82%
CHINA CONSTRUCTION BANK CORP H 0.74%
SK SQUARE 0.51%
SAMSUNG ELECTRO MECHANICS LTD 0.46%
INDUSTRIAL AND COMMERCIAL BANK OF 0.44%
NU HOLDINGS CLASS A 0.42%
Only in PXH
Industrial & Commercial Bank of China Ltd 2.02%
Vale SA 1.95%
United Microelectronics Corp 0.93%
PTT PCL 0.78%
Grupo Mexico SAB de CV 0.51%
Fomento Economico Mexicano SAB de CV 0.50%
Grupo Financiero Banorte SAB de CV 0.48%
ICE US MSCI Emerging Markets EM Index Futures 0.39%

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On the same fields

IEMG
iShares Core MSCI Emerging Markets ETF
PXH
Invesco RAFI Emerging Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets Tracks an index
Total return, 1 year +25.3% +21.7%
Expense ratio 0.09% 0.47%
Already in the S&P 500 0.0% 0.0%
Holdings 2869 383
Net assets $160.2bn $2.1bn

IEMG and PXH on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IEMG

IEMG tracks the MSCI Emerging Markets. Over the year to Oct 9, 2026 it returned +25.3% with distributions reinvested. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 9, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,869 positions, with the top ten at 34.0%. It sat 5.3% below its high of Jun 22, 2026 on Oct 9, 2026.

About PXH

PXH tracks an index. Over the year to Oct 9, 2026 it returned +21.7% with distributions reinvested. The prospectus expense ratio is 0.47% a year. By its holdings published by its issuer for Oct 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 383 positions, with the top ten at 29.2%.

Questions people ask

Which returned more over the last year, IEMG or PXH?
In the year to Oct 9, 2026, with distributions reinvested, IEMG returned +25.3% and PXH +21.7%.
Which is cheaper, IEMG or PXH?
IEMG is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEMG and PXH overlap with the S&P 500?
By their latest filed holdings, 0% of IEMG and 0% of PXH by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, IEMG against PXH, data as of Oct 9, 2026. https://etfiq.com/compare/any/iemg-vs-pxh

Open data

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