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Compare iShares Edge MSCI Min Vol Emerging Markets Index ETF (XMM) vs iShares MSCI Emerging Markets Index ETF (XEM) to find the best fit for your portfolio. XMM provides Technology, Finance, and Telecommunications exposures, while XEM is primarily weighted in Technology, Finance, and Non-Energy Materials. When evaluating costs, XMM features a management fee (MER) of 0.79%, compared to 0.82% for XEM. Performance-wise, XMM has returned 17.15% year-to-date with +$7 M in net flows, whereas XEM is at 18.9% with +$236 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
XMM
XEM
| AuM | $116.49 M | $516.21 M |
| Management Fees | 0.79% | 0.82% |
| Exp. ratio | 0.42% | 0.80% |
| Tracking Difference | -1.14% | - |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XMM | -1.26% | +2.07% | +17.15% | +14.56% | +51.73% |
XEM | -2.98% | -1.37% | +18.90% | +18.62% | +81.05% | |
| Flows | XMM | -$2 M | -$2 M | +$7 M | +$8 M | +$26 M |
XEM | +$26 M | +$66 M | +$236 M | +$245 M | +$168 M |
XMM vs XEM exposure
Countries
XMM
Taiwan
22.24%
China
19.44%
India
16.39%
Republic of Korea
15.39%
Other
26.54%
XEM
Taiwan
27.51%
Republic of Korea
20.67%
China
18.50%
India
11.35%
Other
21.95%
Sectors
XMM
Technology
32.29%
Finance
20.84%
Telecommunications
10.41%
Other
36.46%
XEM
Technology
44.91%
Finance
21.12%
Non-Energy Materials
7.17%
Other
26.81%
As of October 16, 2026
Top 10 Holdings
XMM
Samsung Electronics Co., Ltd.
1.60%
Tata Consultancy Services Ltd.
1.54%
United Microelectronics Corp.
1.52%
Samsung SDI Co., Ltd.
1.52%
Bank of China Ltd.
1.51%
Taiwan Semiconductor Manufacturing Co., Ltd.
1.50%
SK hynix, Inc.
1.48%
Samsung Electronics Co., Ltd.
1.45%
Saudi Arabian Oil Co.
1.43%
Delta Electronics, Inc.
1.34%
XEM
Taiwan Semiconductor Manufacturing Co., Ltd.
15.06%
Samsung Electronics Co., Ltd.
7.16%
SK hynix, Inc.
5.44%
Tencent Holdings Ltd.
2.86%
Alibaba Group Holding Ltd.
1.97%
MediaTek, Inc.
1.44%
Delta Electronics, Inc.
0.91%
Samsung Electronics Co., Ltd.
0.88%
China Construction Bank Corp.
0.82%
Hon Hai Precision Industry Co., Ltd.
0.78%
Diversification
XMM
Total weight of top 10 holdings out of 294 total
14.88%
XEM
Total weight of top 10 holdings out of 1,173 total
37.33%
Characteristics
Compare
XMM
XEM
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Minimum Volatility Net Total Return Index - CAD | MSCI Emerging Markets Index - USD |
| Replication Method | Other | Other |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.00% | 1.52% |
| Meets ESG criteria | No | No |
| Inception Date | July 24, 2012 | June 18, 2009 |
Frequently asked questions about XMM and XEM
Which ETF has performed better year to date: XMM or XEM?
As of October 16, 2026, XMM has returned 17.15% year to date, while XEM has returned 18.90%. XEM is ahead on YTD performance.
Which ETF is larger by assets under management: XMM or XEM?
As of October 16, 2026, XMM manages $116.49 M in assets, while XEM manages $516.21 M. XEM is the larger fund by AUM.
How are XMM and XEM managed?
XMM is passively managed by iShares. It tracks the MSCI Emerging Markets Minimum Volatility Net Total Return Index - CAD benchmark. XEM is passively managed by iShares. It tracks the MSCI Emerging Markets Index - USD benchmark.
What sectors do XMM and XEM emphasize?
XMM is most exposed to Technology, Finance, and Telecommunications. XEM is most exposed to Technology, Finance, and Non-Energy Materials.
Which ETF is attracting more investor flows: XMM or XEM?
Year to date, XMM has seen +$6.55 M in net flows, compared with +$236.23 M for XEM. XEM has attracted more net investor money so far.
How do the fees of XMM and XEM compare?
XMM has an expense ratio of 0.42%, while XEM has an expense ratio of 0.80%.
What are the top holdings of XMM and XEM?
XMM's largest holdings include Samsung Electronics Co., Ltd., Tata Consultancy Services Ltd., and United Microelectronics Corp.. XEM's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: XMM or XEM?
XMM holds 290 securities, while XEM holds 1116. On holdings count, XEM is the more diversified portfolio.
Recent articles about XMM and XEM
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