Data as of Oct 28, 2026.

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IEMG vs SPHQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEMG returned +15.3% to SPHQ's +14.1%; 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 $18.7bn for Invesco S&P 500 Quality ETF.

At a glance
+15.3%
IEMG total return, 1 year
+14.1%
SPHQ total return, 1 year
0.09%
IEMG expense ratio
0.15%
SPHQ expense ratio

Pair scorecard

IEMG costs 0.06 points a year less; their one-year returns differ by 1.2 points; IEMG is 8.0 times larger.

IEMG vs SPHQ: Differences, Returns & Fees
MeasureIEMGSPHQ
Return
Total return, 1 year+15.3%+14.1%
Drawdown
Below its high10.1%, high on Jun 22, 20266.4%, high on Jun 30, 2026
Benchmark
What it tracksMSCI Emerging Markets Investable Market Index (IMI)S&P 500 Quality Index
Cost and size
Expense ratio0.09%0.15%
Net assets, as of Oct 27, 2026$150.4bn$18.7bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund32.7%43.3%

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

What they share

0%

By the books each fund has filed, IEMG and SPHQ 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 SPHQ
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 SPHQ
Mastercard Inc 6.25%
Visa Inc 6.23%
Apple Inc 5.96%
Costco Wholesale Corp 4.24%
GE Vernova Inc 3.81%
Cisco Systems Inc 3.65%
General Electric Co 3.33%
Lam Research Corp 3.32%
Check overlap with more funds →

Side by side

IEMG iShares Core MSCI Emerging Markets ETF SPHQ Invesco S&P 500 Quality ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets Tracks the S&P 500 Quality
Total return, 1 year +15.3% +14.1%
Its benchmark over the same days +16.3% (EEM) +13.7% (IVV)
Gap to its benchmark −1.0 pts vs EEM +0.4 pts vs IVV
Expense ratio 0.09% 0.15%
Already in the S&P 500 0.0% 100.0%
Holdings 2857 102
Net assets, as of Oct 27, 2026 $150.4bn $18.7bn

IEMG and SPHQ 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.

SPHQ

SPHQ tracks the S&P 500 Quality. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 43.3%. It sat 6.4% below its high of Jun 30, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IEMG or SPHQ?
In the year to Oct 28, 2026, with distributions reinvested, IEMG returned +15.3% and SPHQ +14.1%.
Which is cheaper, IEMG or SPHQ?
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.
How much do IEMG and SPHQ overlap with the S&P 500?
By their latest filed holdings, 0% of IEMG and 100% of SPHQ by weight is stocks the S&P 500 already holds.
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ETFIQ, IEMG against SPHQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/iemg-vs-sphq

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