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Compare Global X MSCI Emerging Markets Index ETF (EMMX) vs BMO MSCI Emerging Markets Index ETF (ZEM) to find the best fit for your portfolio. EMMX and ZEM provide the same top sector exposures: Information Technology, Financials, and Consumer Discretionary. When evaluating costs, EMMX features a management fee (MER) of 0.25%, compared to 0.25% for ZEM. Performance-wise, EMMX has returned 22.52% year-to-date with -$18 M in net flows, whereas ZEM is at 25.89% with +$804 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
ZEM
| AuM | $108.01 M | $3,504.48 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.28% | 0.27% |
| Tracking Difference | -1.61% | 0.57% |
Historical performance and flows
As of June 12, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EMMX | +1.28% | +15.80% | +22.52% | +43.65% | - |
ZEM | +4.26% | +19.97% | +25.89% | +49.58% | +89.10% | |
| Flows | EMMX | -$4 M | -$41 M | -$18 M | +$24 M | - |
ZEM | -$146 M | +$130 M | +$804 M | +$1,155 M | +$904 M |
EMMX vs ZEM exposure
Countries
EMMX
Taiwan
24.40%
Republic of Korea
18.64%
India
11.98%
Cayman Islands
11.64%
China
10.13%
Other
23.21%
ZEM
Taiwan
24.40%
Republic of Korea
18.64%
India
11.98%
Cayman Islands
11.64%
China
10.13%
Other
23.21%
Sectors
EMMX
Information Technology
36.78%
Financials
18.46%
Consumer Discretionary
8.75%
Other
36.01%
ZEM
Information Technology
36.78%
Financials
18.46%
Consumer Discretionary
8.75%
Other
36.01%
As of June 12, 2026
Top 10 Holdings
EMMX
TWN SEMICONT MAN
14.18%
SAMSUNG ELECTR
6.01%
SK HYNIX
4.04%
TENCENT HOLDINGS
3.25%
ALIBABA GROUP HOLDING LTD
2.36%
DELTA ELECTRONIC
1.14%
MEDIATEK INC
1.07%
CHINA CONSTRUCTION BANK
0.92%
HDFC BANK
0.79%
RELIANCE INDUSTRIES
0.78%
ZEM
TWN SEMICONT MAN
14.18%
SAMSUNG ELECTR
6.01%
SK HYNIX
4.04%
TENCENT HOLDINGS
3.25%
ALIBABA GROUP HOLDING LTD
2.36%
DELTA ELECTRONIC
1.14%
MEDIATEK INC
1.07%
CHINA CONSTRUCTION BANK
0.92%
HDFC BANK
0.79%
RELIANCE INDUSTRIES
0.78%
Diversification
EMMX
Total weight of top 10 holdings out of 1,211 total
34.56%
ZEM
Total weight of top 10 holdings out of 1,211 total
34.56%
Characteristics
Compare
EMMX
ZEM
| Provider | Global X | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Net Total Return Index - USD | MSCI Emerging Markets Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.89% | 1.78% |
| Meets ESG criteria | No | No |
| Inception Date | May 15, 2024 | October 20, 2009 |
Frequently asked questions about EMMX and ZEM
Which ETF has performed better year to date: EMMX or ZEM?
As of June 12, 2026, EMMX has returned 22.52% year to date, while ZEM has returned 25.89%. ZEM is ahead on YTD performance.
Which ETF is larger by assets under management: EMMX or ZEM?
As of June 12, 2026, EMMX manages $108.01 M in assets, while ZEM manages $3.50 B. ZEM is the larger fund by AUM.
How are EMMX and ZEM managed?
EMMX is passively managed by Global X. It tracks the MSCI Emerging Markets Net Total Return Index - USD benchmark. ZEM is passively managed by BMO. It tracks the MSCI Emerging Markets Net Total Return Index - CAD benchmark.
What sectors do EMMX and ZEM emphasize?
EMMX is most exposed to Information Technology, Financials, and Consumer Discretionary. ZEM is most exposed to Information Technology, Financials, and Consumer Discretionary.
Which ETF is attracting more investor flows: EMMX or ZEM?
Year to date, EMMX has seen -$17.95 M in net flows, compared with +$804.29 M for ZEM. ZEM has attracted more net investor money so far.
How do the fees of EMMX and ZEM compare?
EMMX has an expense ratio of 0.28%, while ZEM has an expense ratio of 0.27%.
What are the top holdings of EMMX and ZEM?
EMMX's largest holdings include TWN SEMICONT MAN and SAMSUNG ELECTR. ZEM's top holdings include TWN SEMICONT MAN and SAMSUNG ELECTR.
Which ETF is more diversified: EMMX or ZEM?
EMMX holds 1095 securities, while ZEM holds 1095. On holdings count, EMMX is the more diversified portfolio.
Recent articles about EMMX and ZEM
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