Grow it · ETFs

EMKT vs IEM vs VGE vs WEMG

Compare fees, returns, income and risk for these 4 ASX-listed ETFs side by side.

At a glance

Comparing EMKT, IEM, VGE, and WEMG. WEMG has the lowest management fee at 0.35% a year, IEM has the highest 10 years return at 9.1% a year, and EMKT offers the highest at 13.49%.
Lowest fee
WEMG 0.35% p.a.
Highest 10 years return
IEM 9.1% p.a.
Highest yield
EMKT 13.49%
Highest risk-adjusted
WEMG Sharpe 0.65 (10y)
Lowest volatility
VGE 10.3% (10y)
Largest fund
VGE $2bn

Side-by-side comparison

Metric EMKT
VanEck MSCI Multifactor Emerging Markets Equity ETF
IEM
iShares MSCI Emerging Markets ETF
VGE
Vanguard FTSE Emerging Markets Shares ETF
WEMG
State Street SPDR S&P Emerging Markets Carbon Aware ETF
Snapshot
Provider
VanEck
iShares
Vanguard
State Street
Tracks 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, Market-Cap
EM, Market-Cap
EM, Market-Cap, ESG
Listed since
2018 (8 yrs)
2013 (13 yrs)
Fund size (AUM)
$731m
$1.7bn
$2bn
$28m
Cost & income
Management fee
0.69%
0.71%
0.48%
0.35%
Dividend yield
13.49%
1.45%
1.77%
7.22%
Franking
0%
0%
0%
0%
Turnover
30%
10%
Tax drag 5.04% 0.46% 0.81% 2.31%
Returns
Tax bracket
1-year return
35.6%
net
24.5%
net
10%
net
11.5%
net
3-year return
24.3%
net
16.8%
net
11.8%
net
13.7%
net
5-year return
15.5%
net
8%
net
6.1%
net
7.2%
net
10-year return
9.1%
net
7.7%
net
8.8%
net
Risk
Volatility (3y)
16.8%
13.3%
8.4%
10%
Volatility (5y)
15.2%
13.7%
10.5%
11%
Volatility (10y)
12.2%
10.3%
10.6%
Sharpe ratio (3y)
1.15
0.93
0.88
0.93
Sharpe ratio (5y)
0.82
0.4
0.32
0.4
Sharpe ratio (10y)
0.6
0.56
0.65
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

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%.
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.
VGE Vanguard FTSE Emerging Markets Shares ETF
  • Pricier than similar ETFs, which average around 0.28%.
WEMG State Street SPDR S&P Emerging Markets Carbon Aware ETF
  • Low-cost: a 0.35% management fee keeps more of the return in your pocket.
  • High 7.22% income yield — good for investors who want regular cash flow.
  • Pricier than similar ETFs, which average around 0.32%.

Frequently Asked Questions

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

EMKT, IEM, VGE, and WEMG are 4 Australian-listed ETFs we compare side by side. WEMG carries the lowest management fee (0.35%). 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 - EMKT vs IEM vs VGE vs WEMG?

WEMG has the lowest management fee at 0.35% a year, versus EMKT 0.69%, IEM 0.71%, and VGE 0.48%.

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

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

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.

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