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Compare iShares MSCI Emerging Markets Index ETF (XEM) vs Global X MSCI Emerging Markets Index ETF (EMMX) to find the best fit for your portfolio. XEM and EMMX provide the same top sector exposures: Technology, Finance, and Non-Energy Materials. When evaluating costs, XEM features a management fee (MER) of 0.82%, compared to 0.25% for EMMX. Performance-wise, XEM has returned 25.93% year-to-date with +$202 M in net flows, whereas EMMX is at 22.09% with -$17 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
XEM
EMMX
| AuM | $510.44 M | $108.41 M |
| Management Fees | 0.82% | 0.25% |
| Exp. ratio | 0.80% | 0.28% |
| Tracking Difference | - | -1.13% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEM | +3.26% | -0.14% | +25.93% | +32.03% | +87.18% |
EMMX | -0.08% | -3.11% | +22.09% | +29.10% | - | |
| Flows | XEM | +$13 M | +$55 M | +$202 M | +$206 M | +$142 M |
EMMX | +$2 M | +$1 M | -$17 M | -$11 M | - |
XEM vs EMMX exposure
Countries
XEM
Taiwan
25.85%
China
20.37%
Republic of Korea
17.67%
India
12.29%
Other
23.82%
EMMX
Taiwan
25.86%
China
20.39%
Republic of Korea
17.68%
India
12.30%
Other
23.77%
Sectors
XEM
Technology
41.61%
Finance
22.75%
Other
35.65%
EMMX
Technology
41.63%
Finance
22.76%
Other
35.60%
As of September 11, 2026
Top 10 Holdings
XEM
Taiwan Semiconductor Manufacturing Co., Ltd.
14.87%
Samsung Electronics Co., Ltd.
5.99%
SK hynix, Inc.
4.52%
Tencent Holdings Ltd.
3.29%
Alibaba Group Holding Ltd.
2.12%
MediaTek, Inc.
1.28%
China Construction Bank Corp.
0.89%
Delta Electronics, Inc.
0.82%
HDFC Bank Ltd.
0.78%
Hon Hai Precision Industry Co., Ltd.
0.77%
EMMX
Taiwan Semiconductor Manufacturing Co., Ltd.
14.88%
Samsung Electronics Co., Ltd.
5.99%
SK hynix, Inc.
4.52%
Tencent Holdings Ltd.
3.29%
Alibaba Group Holding Ltd.
2.12%
MediaTek, Inc.
1.28%
China Construction Bank Corp.
0.89%
Delta Electronics, Inc.
0.82%
HDFC Bank Ltd.
0.78%
Hon Hai Precision Industry Co., Ltd.
0.77%
Diversification
XEM
Total weight of top 10 holdings out of 1,179 total
35.32%
EMMX
Total weight of top 10 holdings out of 1,179 total
35.34%
Characteristics
Compare
XEM
EMMX
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Index - USD | MSCI Emerging Markets Net Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.44% | 0.89% |
| Meets ESG criteria | No | No |
| Inception Date | June 18, 2009 | May 15, 2024 |
Frequently asked questions about XEM and EMMX
Which ETF has performed better year to date: XEM or EMMX?
As of September 11, 2026, XEM has returned 25.93% year to date, while EMMX has returned 22.09%. XEM is ahead on YTD performance.
Which ETF is larger by assets under management: XEM or EMMX?
As of September 11, 2026, XEM manages $510.44 M in assets, while EMMX manages $108.41 M. XEM is the larger fund by AUM.
How are XEM and EMMX managed?
XEM is passively managed by iShares. It tracks the MSCI Emerging Markets Index - USD benchmark. EMMX is passively managed by Global X. It tracks the MSCI Emerging Markets Net Total Return Index - USD benchmark.
What sectors do XEM and EMMX emphasize?
XEM is most exposed to Technology, Finance, and Non-Energy Materials. EMMX is most exposed to Technology, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: XEM or EMMX?
Year to date, XEM has seen +$202.35 M in net flows, compared with -$17.12 M for EMMX. XEM has attracted more net investor money so far.
How do the fees of XEM and EMMX compare?
XEM has an expense ratio of 0.80%, while EMMX has an expense ratio of 0.28%.
What are the top holdings of XEM and EMMX?
XEM's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. EMMX's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: XEM or EMMX?
XEM holds 1122 securities, while EMMX holds 1122. On holdings count, XEM is the more diversified portfolio.
Recent articles about XEM and EMMX
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