Data as of Oct 28, 2026.

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IEMG vs SCHH: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEMG returned +15.3% to SCHH's +8.7%; 0% of their weight is in the same names.

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Net assets: $150.4bn on Oct 27, 2026 for iShares Core MSCI Emerging Markets ETF, and $11.2bn on Aug 31, 2026 for Schwab U.S. REIT ETF.

At a glance
+15.3%
IEMG total return, 1 year
+8.7%
SCHH total return, 1 year
0.09%
IEMG expense ratio
0.07%
SCHH expense ratio

Pair scorecard

SCHH costs 0.02 points a year less; their one-year returns differ by 6.6 points.

IEMG vs SCHH: Differences, Returns & Fees
MeasureIEMGSCHH
Return
Total return, 1 year+15.3%+8.7%
Drawdown
Below its high10.1%, high on Jun 22, 20268.5%, high on Jul 24, 2026
Benchmark
What it tracksMSCI Emerging Markets Investable Market Index (IMI)US REIT
Cost and size
Expense ratio0.09%0.07%
Net assets, IEMG as of Oct 27, 2026 and SCHH as of Aug 31, 2026$150.4bn$11.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund32.7%51.6%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

Risk and return

Nov 2, 2012 to Oct 23, 2026 · 729 weekly returns
IEMG SCHH
Return
Total return edge Tie +120.7% +120.8%
Annualized edge Tie +5.8% +5.8%
Price return edge IEMG +56.0% +50.2%
Risk
Volatility edge IEMG 18.2% 20.8%
Max drawdown edge IEMG −37.1% −42.3%
Risk-adjusted
Sharpe edge IEMG (slight) 0.30 0.29
Sortino edge IEMG (slight) 0.42 0.41
Calmar edge IEMG 0.16 0.14
Reading

IEMG and SCHH returned about the same: +120.7% and +120.8%. IEMG swung less: 18.2% to 20.8%. IEMG fell less at its worst: −37.1% to −42.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IEMG vs SCHH: Differences, Returns & Fees
MeasureIEMGSCHHEdgeHow it is measured
Return
Total return+120.7%+120.8%TiePrice change plus distributions, reinvested.
Annualized+5.8%+5.8%TieTotal return as a yearly rate.
Price return+56.0%+50.2%IEMGPrice change alone, distributions left out.
Risk
Volatility18.2%20.8%IEMGSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.0%14.6%IEMGLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−37.1%−42.3%IEMGDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.300.29IEMG (slight)Return above Treasury bills per unit of volatility.
Sortino0.420.41IEMG (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.160.14IEMGAnnualized return divided by the max drawdown.

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

0%

By the books each fund has filed, IEMG and SCHH hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEMG SCHH
Only in one fund ↓
Only in IEMG
TAIWAN SEMICONDUCTOR MANUFACTURING 14.03%
SAMSUNG ELECTRONICS LTD 6.05%
SK HYNIX 4.31%
TENCENT HOLDINGS 2.32%
ALIBABA GROUP HOLDING 1.60%
MEDIATEK 1.36%
CHINA CONSTRUCTION BANK CORP H 0.83%
SAMSUNG ELECTRONICS NON VOTING PRE 0.80%
Only in SCHH
Welltower Inc 11.05%
Prologis Inc 8.79%
Simon Property Group Inc 4.59%
Digital Realty Trust Inc 4.54%
Equinix Inc 4.27%
American Tower Corp 4.24%
Realty Income Corp 4.02%
Public Storage 3.62%
Check overlap with more funds →

Side by side

IEMG iShares Core MSCI Emerging Markets ETF SCHH Schwab U.S. REIT ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets Tracks an index of US REIT
Total return, 1 year +15.3% +8.7%
Its benchmark over the same days +16.3% (EEM) not measured
Gap to its benchmark −1.0 pts vs EEM not measured
Expense ratio 0.09% 0.07%
Already in the S&P 500 0.0% 73.9%
Holdings 2857 117
Net assets, IEMG as of Oct 27, 2026 and SCHH as of Aug 31, 2026 $150.4bn $11.2bn

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

Client brief · page 1 of 2 Report BR-9782B45C41

IEMG and SCHH 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 SCHH follows US REIT.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IEMG returned +15.3% and SCHH +8.7% with distributions reinvested, a gap of 6.6 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.

SCHH

SCHH tracks an index of US REIT. Over the year to Oct 28, 2026 it returned +8.7% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings filed for Aug 31, 2026, 74% of the fund by weight is stocks the S&P 500 also holds, across 117 positions, with the top ten at 51.6%. It sat 8.5% below its high of Jul 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IEMG or SCHH?
In the year to Oct 28, 2026, with distributions reinvested, IEMG returned +15.3% and SCHH +8.7%.
Which is cheaper, IEMG or SCHH?
SCHH 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 SCHH overlap with the S&P 500?
By their latest filed holdings, 0% of IEMG and 74% of SCHH by weight is stocks the S&P 500 already holds.
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ETFIQ, IEMG against SCHH, data as of Oct 28, 2026. https://etfiq.com/compare/any/iemg-vs-schh

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