Data as of Oct 28, 2026.

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IEMG vs SHV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEMG returned +15.3% to SHV's +3.6%; 0% 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 $21.7bn for iShares 0-1 Year Treasury Bond ETF.

At a glance
+15.3%
IEMG total return, 1 year
+3.6%
SHV total return, 1 year
0.09%
IEMG expense ratio
0.15%
SHV expense ratio

Pair scorecard

IEMG costs 0.06 points a year less; their one-year returns differ by 11.7 points; IEMG is 6.9 times larger.

IEMG vs SHV: Differences, Returns & Fees
MeasureIEMGSHV
Return
Total return, 1 year+15.3%+3.6%
Drawdown
Below its high10.1%, high on Jun 22, 2026
Benchmark
What it tracksMSCI Emerging Markets Investable Market Index (IMI)ICE Short US Treasury Securities Index
Cost and size
Expense ratio0.09%0.15%
Net assets, as of Oct 27, 2026$150.4bn$21.7bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund32.7%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEMG SHV
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 SHV
TREASURY BILL 4.98%
TREASURY BILL 4.17%
TREASURY BILL 3.90%
TREASURY BILL 3.72%
TREASURY BILL 3.58%
TREASURY BILL 3.48%
TREASURY BILL 3.35%
TREASURY BILL 3.31%
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Side by side

IEMG iShares Core MSCI Emerging Markets ETF SHV iShares 0-1 Year Treasury Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI Emerging Markets Tracks an index of 0-1 Year Treasury Bond
Total return, 1 year +15.3% +3.6%
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% 0.15%
Holdings 2857 66
Net assets, as of Oct 27, 2026 $150.4bn $21.7bn

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

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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.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, IEMG or SHV?
In the year to Oct 28, 2026, with distributions reinvested, IEMG returned +15.3% and SHV +3.6%.
Which is cheaper, IEMG or SHV?
IEMG is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IEMG against SHV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iemg-vs-shv

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