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Compare iShares ESG Aware MSCI Emerging Markets Index ETF (XSEM) vs Mackenzie Emerging Markets Equity Index ETF (QEE) to find the best fit for your portfolio. XSEM provides Technology, Finance, and Consumer Non-Cyclicals exposures, while QEE is primarily weighted in Technology, Finance, and Industrials. When evaluating costs, XSEM features a management fee (MER) of 0.3%, compared to 0.22% for QEE. Performance-wise, XSEM has returned 15% year-to-date with +$598 M in net flows, whereas QEE is at 14.01% with +$279 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
XSEM
QEE
| AuM | $6,010.63 M | $396.76 M |
| Management Fees | 0.30% | 0.22% |
| Exp. ratio | 0.33% | 0.27% |
| Tracking Difference | 0.01% | 0.51% |
Historical performance and flows
As of November 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XSEM | -13.23% | -7.62% | +15.00% | +13.59% | +73.90% |
QEE | -11.95% | -6.16% | +14.01% | +12.10% | +68.06% | |
| Flows | XSEM | +$260 M | +$128 M | +$598 M | +$642 M | +$1,203 M |
QEE | +$86 M | +$185 M | +$279 M | +$286 M | +$331 M |
XSEM vs QEE exposure
Countries
XSEM
Taiwan
29.72%
Republic of Korea
21.66%
China
18.23%
India
9.46%
Other
20.94%
QEE
Taiwan
28.49%
Republic of Korea
20.83%
China
18.77%
India
11.34%
Other
20.56%
Sectors
XSEM
Technology
46.62%
Finance
26.70%
Other
26.68%
QEE
Technology
46.01%
Finance
20.21%
Other
33.78%
As of November 4, 2026
Top 10 Holdings
XSEM
Taiwan Semiconductor Manufacturing Co., Ltd.
15.63%
Samsung Electronics Co., Ltd.
7.61%
SK hynix, Inc.
6.04%
Tencent Holdings Ltd.
2.44%
MediaTek, Inc.
1.84%
Alibaba Group Holding Ltd.
1.64%
China Construction Bank Corp.
1.22%
Delta Electronics, Inc.
1.09%
Samsung Electronics Co., Ltd.
1.05%
Chunghwa Telecom Co., Ltd.
1.03%
QEE
Taiwan Semiconductor Manufacturing Co., Ltd.
14.20%
Samsung Electronics Co., Ltd.
7.03%
SK hynix, Inc.
5.62%
US4642872349
3.31%
Tencent Holdings Ltd.
2.59%
Alibaba Group Holding Ltd.
1.88%
MediaTek, Inc.
1.73%
China Construction Bank Corp.
0.90%
Samsung Electronics Co., Ltd.
0.88%
Delta Electronics, Inc.
0.79%
Diversification
XSEM
Total weight of top 10 holdings out of 291 total
39.60%
QEE
Total weight of top 10 holdings out of 1,452 total
38.93%
Characteristics
Compare
XSEM
QEE
| Provider | iShares | Mackenzie Investments |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI Emerging Markets Extended ESG Focus Net Return Index - CAD | Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.67% | 1.79% |
| Meets ESG criteria | Yes | No |
| Inception Date | March 18, 2019 | February 8, 2022 |
Frequently asked questions about XSEM and QEE
Which ETF has performed better year to date: XSEM or QEE?
As of November 4, 2026, XSEM has returned 15.00% year to date, while QEE has returned 14.01%. XSEM is ahead on YTD performance.
Which ETF is larger by assets under management: XSEM or QEE?
As of November 4, 2026, XSEM manages $6.01 B in assets, while QEE manages $396.76 M. XSEM is the larger fund by AUM.
How are XSEM and QEE managed?
XSEM is passively managed by iShares. It tracks the MSCI Emerging Markets Extended ESG Focus Net Return Index - CAD benchmark. QEE is passively managed by Mackenzie Investments. It tracks the Solactive GBS Emerging Markets Large & Mid Cap CAD Index NTR - CAD benchmark.
What sectors do XSEM and QEE emphasize?
XSEM is most exposed to Technology, Finance, and Consumer Non-Cyclicals. QEE is most exposed to Technology, Finance, and Industrials.
Which ETF is attracting more investor flows: XSEM or QEE?
Year to date, XSEM has seen +$598.21 M in net flows, compared with +$279.27 M for QEE. XSEM has attracted more net investor money so far.
How do the fees of XSEM and QEE compare?
XSEM has an expense ratio of 0.33%, while QEE has an expense ratio of 0.27%.
What are the top holdings of XSEM and QEE?
XSEM's largest holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc.. QEE's top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd., and SK hynix, Inc..
Which ETF is more diversified: XSEM or QEE?
XSEM holds 278 securities, while QEE holds 923. On holdings count, QEE is the more diversified portfolio.
Recent articles about XSEM and QEE
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