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Compare iShares Emerging Markets Fundamental Index ETF (CWO) vs Manulife Multifactor Emerging Markets Index ETF (MEME.B) to find the best fit for your portfolio. CWO provides Finance, Technology, and Energy exposures, while MEME.B is primarily weighted in Technology, Finance, and Non-Energy Materials. When evaluating costs, CWO features a management fee (MER) of 0.65%, compared to 0.65% for MEME.B. Performance-wise, CWO has returned 15.85% year-to-date with +$24 M in net flows, whereas MEME.B is at 25.45% with +$95 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
CWO
MEME.B
| AuM | $116.54 M | $715.09 M |
| Management Fees | 0.65% | 0.65% |
| Exp. ratio | 0.72% | 0.74% |
| Tracking Difference | -0.09% | - |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CWO | +2.20% | +4.72% | +15.85% | +21.85% | +84.01% |
MEME.B | +3.36% | +3.61% | +25.45% | +33.09% | +81.29% | |
| Flows | CWO | +$0 M | +$5 M | +$24 M | +$31 M | +$39 M |
MEME.B | -$0 M | +$13 M | +$95 M | +$90 M | +$97 M |
CWO vs MEME.B exposure
Countries
CWO
China
37.17%
Taiwan
22.16%
Brazil
12.92%
India
10.66%
Other
17.09%
MEME.B
Taiwan
21.22%
Republic of Korea
19.53%
China
19.52%
India
15.97%
Other
23.76%
Sectors
CWO
Finance
30.95%
Technology
23.74%
Energy
10.28%
Non-Energy Materials
10.14%
Consumer Non-Cyclicals
7.29%
Other
17.60%
MEME.B
Technology
33.60%
Finance
23.77%
Non-Energy Materials
8.53%
Consumer Non-Cyclicals
7.11%
Other
26.99%
As of September 11, 2026
Top 10 Holdings
CWO
Taiwan Semiconductor Manufacturing Co., Ltd.
6.67%
Alibaba Group Holding Ltd.
2.93%
Vale SA
2.52%
Tencent Holdings Ltd.
2.50%
Industrial & Commercial Bank of China Ltd.
2.23%
JD.com, Inc.
2.16%
Petróleo Brasileiro SA
2.06%
Petróleo Brasileiro SA
1.88%
Hon Hai Precision Industry Co., Ltd.
1.84%
MediaTek, Inc.
1.78%
MEME.B
SK hynix, Inc.
5.57%
Samsung Electronics Co., Ltd.
5.14%
Taiwan Semiconductor Manufacturing Co., Ltd.
4.56%
Tencent Holdings Ltd.
2.52%
Alibaba Group Holding Ltd.
2.19%
MediaTek, Inc.
2.03%
Hon Hai Precision Industry Co., Ltd.
1.08%
China Construction Bank Corp.
0.95%
PDD Holdings, Inc.
0.80%
Reliance Industries Ltd.
0.79%
Diversification
CWO
Total weight of top 10 holdings out of 410 total
26.59%
MEME.B
Total weight of top 10 holdings out of 953 total
25.62%
Characteristics
Compare
CWO
MEME.B
| Provider | iShares | Manulife Investments |
| Management | Passively managed | Passively managed |
| Benchmark | RAFI Fundamental Select Emerging Markets 350 NTR Index - CAD | John Hancock Dimensional Emerging Markets Index TR - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.57% | 1.56% |
| Meets ESG criteria | No | No |
| Inception Date | April 7, 2009 | December 11, 2018 |
Frequently asked questions about CWO and MEME.B
Which ETF has performed better year to date: CWO or MEME.B?
As of September 11, 2026, CWO has returned 15.85% year to date, while MEME.B has returned 25.45%. MEME.B is ahead on YTD performance.
Which ETF is larger by assets under management: CWO or MEME.B?
As of September 11, 2026, CWO manages $116.54 M in assets, while MEME.B manages $715.09 M. MEME.B is the larger fund by AUM.
How are CWO and MEME.B managed?
CWO is passively managed by iShares. It tracks the RAFI Fundamental Select Emerging Markets 350 NTR Index - CAD benchmark. MEME.B is passively managed by Manulife Investments. It tracks the John Hancock Dimensional Emerging Markets Index TR - USD benchmark.
What sectors do CWO and MEME.B emphasize?
CWO is most exposed to Finance, Technology, and Energy. MEME.B is most exposed to Technology, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: CWO or MEME.B?
Year to date, CWO has seen +$23.90 M in net flows, compared with +$95.09 M for MEME.B. MEME.B has attracted more net investor money so far.
How do the fees of CWO and MEME.B compare?
CWO has an expense ratio of 0.72%, while MEME.B has an expense ratio of 0.74%.
What are the top holdings of CWO and MEME.B?
CWO's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Petróleo Brasileiro SA, and Alibaba Group Holding Ltd.. MEME.B's top holdings include SK hynix, Inc., Samsung Electronics Co., Ltd., and Taiwan Semiconductor Manufacturing Co., Ltd..
Which ETF is more diversified: CWO or MEME.B?
CWO holds 354 securities, while MEME.B holds 949. On holdings count, MEME.B is the more diversified portfolio.
Recent articles about CWO and MEME.B
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