Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IEMG vs XLF: how they differ
IEMG and XLF hold 0% of their weight in the same names, and IEMG returned more over the year.
iShares Core MSCI Emerging Markets ETF and State Street(R) Financial Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, IEMG and XLF hold 0% of their money in the same securities at the same weight.
| Only in IEMG | Only in XLF |
|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING 13.46% | JPMORGAN CHASE + CO 11.81% |
| SAMSUNG ELECTRONICS LTD 6.62% | BERKSHIRE HATHAWAY INC CL B 11.59% |
| SK HYNIX 5.38% | VISA INC CLASS A SHARES 7.60% |
| TENCENT HOLDINGS 2.35% | MASTERCARD INC A 5.69% |
| ALIBABA GROUP HOLDING 1.61% | BANK OF AMERICA CORP 5.09% |
| MEDIATEK 1.52% | GOLDMAN SACHS GROUP INC 3.75% |
| SAMSUNG ELECTRONICS NON VOTING PRE 0.86% | WELLS FARGO + CO 3.41% |
| CHINA CONSTRUCTION BANK CORP H 0.74% | MORGAN STANLEY 3.18% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| IEMG iShares Core MSCI Emerging Markets ETF | XLF State Street(R) Financial Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core MSCI Emerging Markets | Financials |
| Total return, 1 year | +30.6% | +7.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +13.1 pts | −9.9 pts |
| Expense ratio | 0.09% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 1832 | 79 |
IEMG in plain words
IEMG is an index equity fund tracking the Core MSCI Emerging Markets. Over the year to Sep 11, 2026 it returned +30.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1832 positions, with the top ten at 34.0%. It sat 4.0% below its high of Jun 22, 2026 on Sep 11, 2026.
XLF in plain words
XLF is an index equity fund tracking the Financials. Over the year to Sep 11, 2026 it returned +7.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 57.3%.
Questions people ask
- Which returned more over the last year, IEMG or XLF?
- In the year to Sep 13, 2026, with distributions reinvested, IEMG returned +30.6% and XLF returned +7.6%, so IEMG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IEMG or XLF?
- IEMG charges 0.09% a year and XLF charges 0.08%, so XLF is cheaper. Fees come from each fund's prospectus.
- How much do IEMG and XLF overlap with the S&P 500?
- By their latest filed holdings, 0% of IEMG and 100% of XLF by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IEMG against XLF, data as of Sep 13, 2026. https://etfiq.com/compare/any/iemg-vs-xlf Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources