Data as of Oct 28, 2026.

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IEMG vs XLY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEMG returned +15.3% to XLY'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 $22.4bn for State Street Consumer Discretionary Select Sector SPDR ETF.

At a glance
+15.3%
IEMG total return, 1 year
−3.6%
XLY total return, 1 year
0.09%
IEMG expense ratio
0.08%
XLY expense ratio

Pair scorecard

XLY costs 0.01 points a year less; their one-year returns differ by 18.9 points; IEMG is 6.7 times larger.

IEMG vs XLY: Differences, Returns & Fees
MeasureIEMGXLY
Return
Total return, 1 year+15.3%−3.6%
Drawdown
Below its high10.1%, high on Jun 22, 20266.8%, high on Jan 12, 2026
Benchmark
What it tracksMSCI Emerging Markets Investable Market Index (IMI)Consumer Discretionary Select Sector Index
Cost and size
Expense ratio0.09%0.08%
Net assets, as of Oct 27, 2026$150.4bn$22.4bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund32.7%68.5%

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

What they share

0%

By the books each fund has filed, IEMG and XLY 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 XLY
CCL PRODUCTS INDIA LTD 0.01% 0.93%
LULU RETAIL HOLDINGS PLC 0.01% 0.29%
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 XLY
AMAZON.COM INC 22.43%
TESLA INC 19.15%
HOME DEPOT INC 5.30%
MCDONALD S CORP 4.31%
TJX COMPANIES INC 4.07%
STARBUCKS CORP 3.09%
BOOKING HOLDINGS INC 2.97%
LOWE S COS INC 2.92%
Check overlap with more funds →

Side by side

IEMG iShares Core MSCI Emerging Markets ETF XLY State Street Consumer Discretionary Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI Emerging Markets Tracks an index of Consumer discretionary
Total return, 1 year +15.3% −3.6%
Its benchmark over the same days +16.3% (EEM) +13.6% (SPY)
Gap to its benchmark −1.0 pts vs EEM −17.2 pts vs SPY
Expense ratio 0.09% 0.08%
Already in the S&P 500 0.0% 99.9%
Holdings 2857 48
Net assets, as of Oct 27, 2026 $150.4bn $22.4bn

IEMG and XLY 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.

XLY

XLY tracks an index of Consumer discretionary. Over the year to Oct 28, 2026 it returned −3.6% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.08% 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 48 positions, with the top ten at 68.5%. It sat 6.8% below its high of Jan 12, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IEMG or XLY?
In the year to Oct 28, 2026, with distributions reinvested, IEMG returned +15.3% and XLY −3.6%.
Which is cheaper, IEMG or XLY?
XLY is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEMG and XLY overlap with the S&P 500?
By their latest filed holdings, 0% of IEMG and 100% of XLY by weight is stocks the S&P 500 already holds.
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ETFIQ, IEMG against XLY, data as of Oct 28, 2026. https://etfiq.com/compare/any/iemg-vs-xly

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