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

In the year to Oct 9, 2026, with distributions reinvested, IEMG returned +25.3% and SCHE +12.6%.

Which is cheaper, IEMG or SCHE?

SCHE is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

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IEMG vs SCHE: Differences, Returns & Fees

IEMG and SCHE hold 52% of their weight in the same names, and IEMG returned +25.3% over the year. Net assets: $160.2bn on Oct 9, 2026 for iShares Core MSCI Emerging Markets ETF, and $12.7bn on May 31, 2026 for Schwab Emerging Markets Equity ETF.

SCHE costs 0.03 points a year less; their one-year returns differ by 12.7 points; IEMG is 8.7 times larger.

	IEMG	SCHE
Expense ratio	0.09%	0.06%
Net assets, as of Feb 28, 2025	$81.2bn	$9.3bn
Total return, 1 year	+25.3%	+12.6%
What it tracks	MSCI Emerging Markets Investable Market Index (IMI)	FTSE Emerging Index
Holdings in common	52%
Top ten holdings, share of the fund	34.2%	30.3%
Below its high	5.3%, high on Jun 22, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 8, 2026.

+25.3%

IEMG total return, 1 year

+12.6%

SCHE total return, 1 year

0.09%

IEMG expense ratio

0.06%

SCHE expense ratio

What they hold in common

By the books each fund has filed, IEMG and SCHE hold 52% 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 May 31, 2026 and Oct 8, 2026.

50%

half

52% in common

Positions both hold, largest shared weight first

Holding IEMG SCHE

TAIWAN SEMICONDUCTOR MANUFACTURING 14.10% 17.05%

TENCENT HOLDINGS 2.31% 3.15%

ALIBABA GROUP HOLDING 1.59% 2.57%

MEDIATEK 1.52% 1.88%

DELTA ELECTRONICS 0.86% 1.40%

HON HAI PRECISION INDUSTRY 0.68% 1.04%

HDFC BANK 0.59% 0.83%

ASE TECHNOLOGY HOLDING 0.56% 0.59%

ICICI BANK 0.52% 0.65%

RELIANCE INDUSTRIES LTD 0.50% 0.88%

ELITE MATERIAL 0.39% 0.44%

UNIMICRON TECHNOLOGY 0.38% 0.42%

Only in IEMG

SAMSUNG ELECTRONICS LTD 6.56%

SK HYNIX 4.97%

SAMSUNG ELECTRONICS NON VOTING PRE 0.83%

CHINA CONSTRUCTION BANK CORP H 0.74%

SK SQUARE 0.52%

SAMSUNG ELECTRO MECHANICS LTD 0.46%

INDUSTRIAL AND COMMERCIAL BANK OF 0.45%

NU HOLDINGS CLASS A 0.40%

Only in SCHE

Industrial & Commercial Bank of China Ltd 0.63%

Vale SA 0.55%

United Microelectronics Corp 0.50%

Naspers Ltd 0.37%

Grupo Mexico SAB de CV 0.33%

Petroleo Brasileiro SA - Petrobras 0.32%

Kuwait Finance House KSCP 0.31%

OTP Bank Nyrt 0.29%

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On the same fields

IEMG

iShares Core MSCI Emerging Markets ETF

SCHE

Schwab Emerging Markets Equity ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Schwab

What it is Tracks the MSCI Emerging Markets Tracks an index

Total return, 1 year +25.3% +12.6%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +8.1 pts −4.7 pts

Expense ratio 0.09% 0.06%

Already in the S&P 500 0.0% 0.0%

Holdings 2871 2178

Net assets, IEMG as of Oct 9, 2026 and SCHE as of May 31, 2026 $160.2bn $12.7bn

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

IEMG in plain words

IEMG tracks the MSCI Emerging Markets. Over the year to Oct 9, 2026 it returned +25.3% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,871 positions, with the top ten at 34.2%. It sat 5.3% below its high of Jun 22, 2026 on Oct 9, 2026.

SCHE in plain words

SCHE tracks an index. Over the year to Oct 9, 2026 it returned +12.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,178 positions, with the top ten at 30.3%.

Questions people ask

Which returned more over the last year, IEMG or SCHE?: In the year to Oct 9, 2026, with distributions reinvested, IEMG returned +25.3% and SCHE +12.6%.
Which is cheaper, IEMG or SCHE?: SCHE is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEMG and SCHE overlap with the S&P 500?: By their latest filed holdings, 0% of IEMG and 0% of SCHE by weight is stocks the S&P 500 already holds.

Other comparisons

DFAE vs IEMG IEMG vs SPEM DFEM vs IEMG AVEM vs IEMG SCHE vs VWO EEM vs SCHE AVEM vs SCHE SCHE vs SPEM

IEMG on its own →SCHE on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

IEMG filings on SEC EDGAR ↗IEMG prospectus with the expense ratio (SEC) ↗iShares page for IEMG ↗SCHE filings on SEC EDGAR ↗SCHE prospectus with the expense ratio (SEC) ↗Schwab website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, IEMG against SCHE, data as of Oct 9, 2026. https://etfiq.com/compare/any/iemg-vs-sche

Open data

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