AVTE vs EMKT vs IEM vs VGE - Compare ETFs side by side

At a glance

Comparing AVTE, EMKT, IEM, and VGE. AVTE has the lowest management fee at 0.45% a year, IEM has the highest 10 years return at 9.1% a year, and EMKT offers the highest at 13.49%.

Lowest fee

AVTE 0.45% p.a.

Highest 10 years return

IEM 9.1% p.a.

Highest yield

EMKT 13.49%

Highest risk-adjusted

IEM Sharpe 0.6 (10y)

Lowest volatility

VGE 10.3% (10y)

Largest fund

VGE $2bn

Side-by-side comparison

Metric	AVTE Avantis Emerging Markets Equity Active ETF	EMKT VanEck MSCI Multifactor Emerging Markets Equity ETF	IEM iShares MSCI Emerging Markets ETF	VGE Vanguard FTSE Emerging Markets Shares ETF
Snapshot
Provider	Avantis	VanEck	iShares	Vanguard
Tracks index	MSCI Emerging Markets Index	MSCI Emerging Markets Diversified Multiple-Factor Index	MSCI Emerging Markets Index	FTSE Emerging Markets All Cap China A Inclusion Index
Categories	EM, Factor	EM, Factor	EM, Market-Cap	EM, Market-Cap
Listed since	2024 (2 yrs)	2018 (8 yrs)	—	2013 (13 yrs)
Fund size (AUM)	$25m	$731m	$1.7bn	$2bn
Cost & income
Management fee	0.45%	0.69%	0.71%	0.48%
Dividend yield	—	13.49%	1.45%	1.77%
Franking	0%	0%	0%	0%
Turnover	25%	30%	—	10%
Tax drag	0.6%	5.04%	0.46%	0.81%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	—	35.6% net	24.5% net	10% net
3-year return	—	24.3% net	16.8% net	11.8% net
5-year return	—	15.5% net	8% net	6.1% net
10-year return	—	—	9.1% net	7.7% net
Risk
Volatility (3y)	—	16.8%	13.3%	8.4%
Volatility (5y)	—	15.2%	13.7%	10.5%
Volatility (10y)	—	—	12.2%	10.3%
Sharpe ratio (3y)	—	1.15	0.93	0.88
Sharpe ratio (5y)	—	0.82	0.4	0.32
Sharpe ratio (10y)	—	—	0.6	0.56
Bid/ask spread	—	—	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

AVTE Avantis Emerging Markets Equity Active ETF

Pricier than similar ETFs, which average around 0.39%.

Full AVTE analysis →

EMKT VanEck MSCI Multifactor Emerging Markets Equity ETF

Top-6% returns over 5 years (12th of 188 ETFs we track).
High 13.49% income yield — good for investors who want regular cash flow.

Pricier than similar ETFs, which average around 0.39%.

Full EMKT analysis →

IEM iShares MSCI Emerging Markets ETF

Top-10% returns over 1 year (30th of 308 ETFs we track).

A 0.71% management fee is high and compounds against you over time.

Full IEM analysis →

VGE Vanguard FTSE Emerging Markets Shares ETF

Pricier than similar ETFs, which average around 0.28%.

Full VGE analysis →

Frequently Asked Questions

What's the difference between AVTE vs EMKT vs IEM vs VGE?

AVTE, EMKT, IEM, and VGE are 4 Australian-listed ETFs we compare side by side. AVTE carries the lowest management fee (0.45%). Over 10 years, IEM has delivered the highest total return (9.1% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lowest fees - AVTE vs EMKT vs IEM vs VGE?

AVTE has the lowest management fee at 0.45% a year, versus EMKT 0.69%, IEM 0.71%, and VGE 0.48%.

Which has performed highest - AVTE vs EMKT vs IEM vs VGE?

Over the past 10 years, IEM has delivered the highest total return at 9.1% a year. Past performance is not a reliable indicator of future returns.

Which pays the highest dividend yield?

EMKT pays the highest at 13.49%. Remember distributions are taxed each year at your marginal rate.

Which is the largest and most liquid?

VGE is the largest fund by assets ($2bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

AVTE vs NDIA AVTE vs IZZ AVTE vs B1SM AVTE vs BEMG EMKT vs IZZ EMKT vs NDIA EMKT vs B1SM EMKT vs BEMG

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.