IEM vs EMKT - Compare ETFs side by side

At a glance

Comparing IEM and EMKT. EMKT has the lower management fee at 0.69% a year, EMKT has the higher 5 years return at 16.3% a year, and EMKT offers the higher at 12.84%.

Lower fee

EMKT 0.69% p.a.

Higher 5 years return

EMKT 16.3% p.a.

Higher yield

EMKT 12.84%

Higher risk-adjusted

EMKT Sharpe 0.87 (5y)

Lower volatility

IEM 13.6% (5y)

Larger fund

IEM $1.8bn

Side-by-side comparison

Metric	IEM iShares MSCI Emerging Markets ETF	EMKT VanEck MSCI Multifactor Emerging Markets Equity ETF
Snapshot
Provider	iShares	VanEck
Tracks index	MSCI Emerging Markets Index	MSCI Emerging Markets Diversified Multiple-Factor Index
Categories	EM, Market-Cap	EM, Factor
Listed since	—	2018 (8 yrs)
Fund size (AUM)	$1.8bn	$842m
Cost & income
Management fee	0.71%	0.69%
Dividend yield	1.4%	12.84%
Franking	0%	0%
Turnover	—	30%
Tax drag	0.45%	4.83%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	22.3% net	40.9% net
3-year return	20.5% net	27.1% net
5-year return	8.9% net	16.3% net
10-year return	9.2% net	—
Risk
Volatility (3y)	12.8%	16.6%
Volatility (5y)	13.6%	15.1%
Volatility (10y)	12.1%	—
Sharpe ratio (3y)	1.2	1.29
Sharpe ratio (5y)	0.46	0.87
Sharpe ratio (10y)	0.61	—
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

IEM iShares MSCI Emerging Markets ETF

Top-10% returns over 1 year (33rd of 318 ETFs we track).

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

Full IEM analysis →

EMKT VanEck MSCI Multifactor Emerging Markets Equity ETF

Top-4% returns over 1 year (14th of 318 ETFs we track).
High 12.84% income yield — good for investors who want regular cash flow.

Pricier than similar ETFs, which average around 0.39%.

Full EMKT analysis →

Frequently Asked Questions

What's the difference between IEM vs EMKT?

IEM and EMKT are 2 Australian-listed ETFs we compare side by side. EMKT carries the lower management fee (0.69%). Over 5 years, EMKT has delivered the higher total return (16.3% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IEM vs EMKT?

EMKT has the lower management fee at 0.69% a year, versus IEM 0.71%.

Which has performed higher - IEM vs EMKT?

Over the past 5 years, EMKT has delivered the higher total return at 16.3% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

EMKT pays the higher at 12.84%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

IEM is the larger fund by assets ($1.8bn). Larger funds are typically more liquid and trade on tighter spreads.

Related comparisons

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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.