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Compare Franklin Emerging Markets Equity Index ETF (FLEM) vs CIBC MSCI Emerging Markets Equity Index ETF (CEMI) to find the best fit for your portfolio. FLEM provides Technology, Finance, and Industrials exposures, while CEMI is primarily weighted in Technology, Finance, and Non-Energy Materials. When evaluating costs, FLEM features a management fee (MER) of 0.15%, compared to 0.22% for CEMI. Performance-wise, FLEM has returned 23.27% year-to-date with +$18 M in net flows, whereas CEMI is at 24.58% with +$3 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
FLEM
CEMI
| AuM | $65.75 M | $220.20 M |
| Management Fees | 0.15% | 0.22% |
| Exp. ratio | 0.17% | 0.32% |
| Tracking Difference | -0.11% | 0.26% |
Historical performance and flows
As of October 13, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FLEM | +0.01% | +1.32% | +23.27% | +26.40% | +88.97% |
CEMI | +0.37% | +1.80% | +24.58% | +27.80% | +88.48% | |
| Flows | FLEM | +$0 M | +$9 M | +$18 M | +$25 M | +$47 M |
CEMI | -$0 M | +$18 M | +$3 M | +$56 M | +$89 M |
FLEM vs CEMI exposure
Countries
FLEM
Taiwan
25.97%
Republic of Korea
20.91%
China
17.35%
India
12.81%
Other
22.96%
CEMI
Taiwan
25.71%
Republic of Korea
19.29%
China
17.23%
India
10.69%
Other
27.09%
Sectors
FLEM
Technology
43.00%
Finance
21.81%
Industrials
7.05%
Other
28.14%
CEMI
Technology
41.82%
Finance
19.75%
Other
38.43%
As of October 13, 2026
Top 10 Holdings
FLEM
Taiwan Semiconductor Manufacturing Co., Ltd.
14.73%
Samsung Electronics Co., Ltd.
7.13%
SK hynix, Inc.
5.57%
Tencent Holdings Ltd.
2.85%
Alibaba Group Holding Ltd.
2.20%
MediaTek, Inc.
1.44%
Samsung Electronics Co., Ltd.
0.92%
China Construction Bank Corp.
0.88%
Delta Electronics, Inc.
0.76%
Hon Hai Precision Industry Co., Ltd.
0.75%
CEMI
Taiwan Semiconductor Manufacturing Co., Ltd.
13.96%
Samsung Electronics Co., Ltd.
6.64%
SK hynix, Inc.
5.05%
Tencent Holdings Ltd.
2.65%
Alibaba Group Holding Ltd.
1.83%
MediaTek, Inc.
1.34%
Delta Electronics, Inc.
0.84%
Samsung Electronics Co., Ltd.
0.82%
China Construction Bank Corp.
0.76%
Hon Hai Precision Industry Co., Ltd.
0.72%
Diversification
FLEM
Total weight of top 10 holdings out of 1,146 total
37.22%
CEMI
Total weight of top 10 holdings out of 2,850 total
34.62%
Characteristics
Compare
FLEM
CEMI
| Provider | Franklin Templeton | CIBC |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD | 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 | 1.35% | 1.26% |
| Meets ESG criteria | No | No |
| Inception Date | January 29, 2018 | September 16, 2021 |
Frequently asked questions about FLEM and CEMI
Which ETF has performed better year to date: FLEM or CEMI?
As of October 13, 2026, FLEM has returned 23.27% year to date, while CEMI has returned 24.58%. CEMI is ahead on YTD performance.
Which ETF is larger by assets under management: FLEM or CEMI?
As of October 13, 2026, FLEM manages $65.75 M in assets, while CEMI manages $220.20 M. CEMI is the larger fund by AUM.
How are FLEM and CEMI managed?
FLEM is passively managed by Franklin Templeton. It tracks the Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD benchmark. CEMI is passively managed by CIBC. It tracks the MSCI Emerging Markets Net Total Return Index - CAD benchmark.
What sectors do FLEM and CEMI emphasize?
FLEM is most exposed to Technology, Finance, and Industrials. CEMI is most exposed to Technology, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: FLEM or CEMI?
Year to date, FLEM has seen +$17.76 M in net flows, compared with +$3.43 M for CEMI. FLEM has attracted more net investor money so far.
How do the fees of FLEM and CEMI compare?
FLEM has an expense ratio of 0.17%, while CEMI has an expense ratio of 0.32%.
What are the top holdings of FLEM and CEMI?
FLEM's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. CEMI's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: FLEM or CEMI?
FLEM holds 1085 securities, while CEMI holds 2757. On holdings count, CEMI is the more diversified portfolio.
Recent articles about FLEM and CEMI
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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