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Compare CIBC MSCI Emerging Markets Equity Index ETF (CEMI) vs Franklin Emerging Markets Equity Index ETF (FLEM) to find the best fit for your portfolio. CEMI provides Technology, Finance, and Non-Energy Materials exposures, while FLEM is primarily weighted in Technology, Finance, and Industrials. When evaluating costs, CEMI features a management fee (MER) of 0.22%, compared to 0.15% for FLEM. Performance-wise, CEMI has returned 24.34% year-to-date with +$11 M in net flows, whereas FLEM is at 23.07% with +$18 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CEMI
FLEM
| AuM | $227.08 M | $65.64 M |
| Management Fees | 0.22% | 0.15% |
| Exp. ratio | 0.32% | 0.17% |
| Tracking Difference | 0.00% | -0.45% |
Historical performance and flows
As of September 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CEMI | -0.31% | -5.36% | +24.34% | +29.26% | +85.47% |
FLEM | -0.40% | -5.16% | +23.07% | +27.63% | +87.68% | |
| Flows | CEMI | -$0 M | +$19 M | +$11 M | +$64 M | +$97 M |
FLEM | +$0 M | +$9 M | +$18 M | +$29 M | +$47 M |
CEMI vs FLEM exposure
Countries
CEMI
Taiwan
26.05%
Republic of Korea
19.60%
China
18.90%
India
11.77%
Other
23.68%
FLEM
Taiwan
25.39%
Republic of Korea
20.92%
China
17.95%
India
12.77%
Other
22.96%
Sectors
CEMI
Technology
43.04%
Finance
21.48%
Other
35.48%
FLEM
Technology
42.70%
Finance
22.00%
Other
35.30%
As of September 17, 2026
Top 10 Holdings
CEMI
Taiwan Semiconductor Manufacturing Co., Ltd.
14.88%
Samsung Electronics Co., Ltd.
6.82%
SK hynix, Inc.
5.26%
Tencent Holdings Ltd.
3.04%
Alibaba Group Holding Ltd.
2.02%
MediaTek, Inc.
1.27%
Samsung Electronics Co., Ltd.
0.85%
China Construction Bank Corp.
0.80%
Delta Electronics, Inc.
0.80%
Hon Hai Precision Industry Co., Ltd.
0.76%
FLEM
Taiwan Semiconductor Manufacturing Co., Ltd.
14.60%
Samsung Electronics Co., Ltd.
6.74%
SK hynix, Inc.
5.86%
Tencent Holdings Ltd.
2.95%
Alibaba Group Holding Ltd.
2.16%
MediaTek, Inc.
1.38%
China Construction Bank Corp.
0.90%
Delta Electronics, Inc.
0.89%
Samsung Electronics Co., Ltd.
0.83%
Hon Hai Precision Industry Co., Ltd.
0.79%
Diversification
CEMI
Total weight of top 10 holdings out of 2,833 total
36.50%
FLEM
Total weight of top 10 holdings out of 1,159 total
37.10%
Characteristics
Compare
CEMI
FLEM
| Provider | CIBC | Franklin Templeton |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Net Total Return Index - CAD | Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.26% | 1.35% |
| Meets ESG criteria | No | No |
| Inception Date | September 16, 2021 | January 29, 2018 |
Frequently asked questions about CEMI and FLEM
Which ETF has performed better year to date: CEMI or FLEM?
As of September 17, 2026, CEMI has returned 24.34% year to date, while FLEM has returned 23.07%. CEMI is ahead on YTD performance.
Which ETF is larger by assets under management: CEMI or FLEM?
As of September 17, 2026, CEMI manages $227.08 M in assets, while FLEM manages $65.64 M. CEMI is the larger fund by AUM.
How are CEMI and FLEM managed?
CEMI is passively managed by CIBC. It tracks the MSCI Emerging Markets Net Total Return Index - CAD benchmark. FLEM is passively managed by Franklin Templeton. It tracks the Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD benchmark.
What sectors do CEMI and FLEM emphasize?
CEMI is most exposed to Technology, Finance, and Non-Energy Materials. FLEM is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: CEMI or FLEM?
Year to date, CEMI has seen +$11.12 M in net flows, compared with +$17.76 M for FLEM. FLEM has attracted more net investor money so far.
How do the fees of CEMI and FLEM compare?
CEMI has an expense ratio of 0.32%, while FLEM has an expense ratio of 0.17%.
What are the top holdings of CEMI and FLEM?
CEMI's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. FLEM's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: CEMI or FLEM?
CEMI holds 2748 securities, while FLEM holds 1103. On holdings count, CEMI is the more diversified portfolio.
Recent articles about CEMI and FLEM
Reasons to Start 2023 with Encouragement - Year End ETF Review and Outlook
In the ETF world, positive flows were sustained throughout 2022 and a wide range of new products were launched, even with all the volatility in the marketplace. A 2022 year in ETF review offers some encouragement to ETF investors.
Posted on 3/9/2023 by Franklin Templeton inETFs
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