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Compare Global X MSCI Emerging Markets Index ETF (EMMX) vs Mackenzie Emerging Markets Equity Index ETF (QEE) to find the best fit for your portfolio. EMMX provides Technology, Finance, and Non-Energy Materials exposures, while QEE is primarily weighted in Technology, Finance, and Industrials. When evaluating costs, EMMX features a management fee (MER) of 0.25%, compared to 0.22% for QEE. Performance-wise, EMMX has returned 13.75% year-to-date with -$3 M in net flows, whereas QEE is at 15.38% with +$279 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
EMMX
QEE
| AuM | $166.54 M | $401.51 M |
| Management Fees | 0.25% | 0.22% |
| Exp. ratio | 0.28% | 0.27% |
| Tracking Difference | -0.85% | 0.51% |
Historical performance and flows
As of November 10, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EMMX | -5.05% | -4.92% | +13.75% | +14.00% | - |
QEE | -6.62% | -5.25% | +15.38% | +13.29% | +70.07% | |
| Flows | EMMX | +$28 M | +$25 M | -$3 M | +$5 M | +$0 M |
QEE | +$9 M | +$185 M | +$279 M | +$286 M | +$331 M |
EMMX vs QEE exposure
Countries
EMMX
Taiwan
28.84%
Republic of Korea
21.32%
China
17.71%
India
10.61%
Other
21.53%
QEE
Taiwan
28.49%
Republic of Korea
20.83%
China
18.77%
India
11.34%
Other
20.56%
Sectors
EMMX
Technology
46.62%
Finance
21.05%
Other
32.33%
QEE
Technology
46.01%
Finance
20.21%
Other
33.78%
As of November 10, 2026
Top 10 Holdings
EMMX
Taiwan Semiconductor Manufacturing Co., Ltd.
15.57%
Samsung Electronics Co., Ltd.
7.53%
SK hynix, Inc.
5.88%
Tencent Holdings Ltd.
2.73%
Alibaba Group Holding Ltd.
1.85%
MediaTek, Inc.
1.81%
Samsung Electronics Co., Ltd.
0.94%
Delta Electronics, Inc.
0.94%
China Construction Bank Corp.
0.85%
Hon Hai Precision Industry Co., Ltd.
0.79%
QEE
Taiwan Semiconductor Manufacturing Co., Ltd.
14.20%
Samsung Electronics Co., Ltd.
7.03%
SK hynix, Inc.
5.62%
US4642872349
3.31%
Tencent Holdings Ltd.
2.59%
Alibaba Group Holding Ltd.
1.88%
MediaTek, Inc.
1.73%
China Construction Bank Corp.
0.90%
Samsung Electronics Co., Ltd.
0.88%
Delta Electronics, Inc.
0.79%
Diversification
EMMX
Total weight of top 10 holdings out of 1,169 total
38.89%
QEE
Total weight of top 10 holdings out of 1,452 total
38.93%
Characteristics
Compare
EMMX
QEE
| Provider | Global X | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Net Total Return Index - USD | 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 | 0.95% | 1.77% |
| Meets ESG criteria | No | No |
| Inception Date | May 15, 2024 | February 8, 2022 |
Frequently asked questions about EMMX and QEE
Which ETF has performed better year to date: EMMX or QEE?
As of November 10, 2026, EMMX has returned 13.75% year to date, while QEE has returned 15.38%. QEE is ahead on YTD performance.
Which ETF is larger by assets under management: EMMX or QEE?
As of November 10, 2026, EMMX manages $166.54 M in assets, while QEE manages $401.51 M. QEE is the larger fund by AUM.
How are EMMX and QEE managed?
EMMX is passively managed by Global X. It tracks the MSCI Emerging Markets Net Total Return Index - USD benchmark. QEE is passively managed by Mackenzie Investments. It tracks the Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD benchmark.
What sectors do EMMX and QEE emphasize?
EMMX is most exposed to Technology, Finance, and Non-Energy Materials. QEE is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: EMMX or QEE?
Year to date, EMMX has seen -$2.98 M in net flows, compared with +$279.27 M for QEE. QEE has attracted more net investor money so far.
How do the fees of EMMX and QEE compare?
EMMX has an expense ratio of 0.28%, while QEE has an expense ratio of 0.27%.
What are the top holdings of EMMX and QEE?
EMMX's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. QEE's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: EMMX or QEE?
EMMX holds 1111 securities, while QEE holds 923. On holdings count, EMMX is the more diversified portfolio.
Recent articles about EMMX and QEE
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