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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: Technology, Finance, and Non-Energy Materials. When evaluating costs, EMMX features a management fee (MER) of 0.25%, compared to 0.25% for ZEM. Performance-wise, EMMX has returned 13.75% year-to-date with -$3 M in net flows, whereas ZEM is at 18.8% with +$1 B. 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 | $166.54 M | $3,905.04 M |
| Management Fees | 0.25% | 0.25% |
| Exp. ratio | 0.28% | 0.27% |
| Tracking Difference | -0.85% | -1.09% |
Historical performance and flows
As of November 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | EMMX | -5.05% | -4.92% | +13.75% | +14.00% | - |
ZEM | -4.49% | -2.08% | +18.80% | +16.23% | +79.69% | |
| Flows | EMMX | +$28 M | +$25 M | -$3 M | +$5 M | +$0 M |
ZEM | +$371 M | +$583 M | +$1,394 M | +$1,649 M | +$1,714 M |
EMMX vs ZEM exposure
Countries
EMMX
Taiwan
28.84%
Republic of Korea
21.32%
China
17.71%
India
10.61%
Other
21.53%
ZEM
Taiwan
28.84%
Republic of Korea
21.32%
China
17.71%
India
10.61%
Other
21.53%
Sectors
EMMX
Technology
46.62%
Finance
21.05%
Other
32.33%
ZEM
Technology
46.62%
Finance
21.05%
Other
32.33%
As of November 11, 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%
ZEM
US4642872349
100.00%
Diversification
EMMX
Total weight of top 10 holdings out of 1,169 total
38.89%
ZEM
Total weight of top 10 holdings out of 1,169 total
100.00%
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 | 0.95% | 1.88% |
| 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 November 11, 2026, EMMX has returned 13.75% year to date, while ZEM has returned 18.80%. ZEM is ahead on YTD performance.
Which ETF is larger by assets under management: EMMX or ZEM?
As of November 11, 2026, EMMX manages $166.54 M in assets, while ZEM manages $3.91 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.
Which ETF is more diversified: EMMX or ZEM?
EMMX holds 1111 securities, while ZEM holds 1. On holdings count, EMMX is the more diversified portfolio.
Which ETF is attracting more investor flows: EMMX or ZEM?
Year to date, EMMX has seen -$2.98 M in net flows, compared with +$1,393.65 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 sectors do EMMX and ZEM emphasize?
EMMX is most exposed to Technology, Finance, and Non-Energy Materials. ZEM is most exposed to Technology, Finance, and Non-Energy Materials.
Recent articles about EMMX and ZEM
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