EMDMvsEEMETF Comparison
ETF 1
EMDM
First Trust Bloomberg Emerging Market Democracies ETF
This fund is part of
EM Large & Mid Cap
+0.58%
VS
First Trust Bloomberg Emerging Market Democracies ETF (EMDM) and iShares MSCI Emerging Markets ETF (EEM) belong to the same industry segment: EM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Technology, Finance and Non-Energy Materials. EMDM is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.72% for EEM. EMDM is up 37.84% year-to-date (YTD) with +$22M in YTD flows. EEM performs worse with 24.8% YTD performance, and +$4.94B in YTD flows. Run a side-by-side ETF comparison of EMDM and EEM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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EMDM vs EEM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EMDM EEM | +4.88%+4.09% | +7.68%+1.37% | +37.84%+24.80% | +65.12%+33.19% | +133.43%+86.26% | n/a+45.60% |
| Flows | EMDM EEM | -+$485M | +$6M+$1.45B | +$22M+$4.94B | +$23M+$5.22B | +$27M-$441M | --$2.25B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EMDM EEM | +28.69%+27.54% | +25.57%+23.46% | +19.74%+18.04% | n/a+18.09% |
| Max drawdown | EMDM EEM | -14.09%-14.32% | -15.15%-14.32% | -16.56%-15.99% | n/a-33.83% |
| Max drawdown duration | EMDM EEM | 80d81d | 68d81d | 228d218d | n/a1379d |
Trading data
EMDM | EEM | |
Last sale 9/11/2026 at 1:30 PM | $43.30 | $67.84 |
| Previous close 09/10/2026 | $42.80 | $67.00 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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EMDM | EEM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
EMDM | EEM | |
|---|---|---|
| Last price | $43.30 | $67.84 |
| 1D performance | +1.18% | +1.25% |
| AuM | $40.59 M | $31.58 B |
| E/R | 0.75% | 0.72% |
Characteristics
EMDM | EEM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | iShares |
| Benchmark | Bloomberg Emerging Market Democracies Index | MSCI Emerging Markets Index |
| N° of holdings | 90 | 1122 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 2, 2023 | April 7, 2003 |
| ESG | No | No |
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Exposure
Countries
EMDM
Republic of Korea
20.87%
Taiwan
17.49%
India
11.17%
Brazil
9.61%
Mexico
8.79%
South Africa
8.68%
Other
23.39%
EEM
Taiwan
25.86%
China
20.39%
Republic of Korea
17.68%
India
12.3%
Other
23.77%
Sectors
EMDM
Technology
34.67%
Finance
23.97%
Non-Energy Materi.
15.32%
Other
26.04%
EEM
Technology
41.63%
Finance
22.76%
Other
35.6%
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Diversification
EMDM
Total weight of top 15 holdings out of 15
54.27%
EEM
Total weight of top 15 holdings out of 15
38.68%
Top 15 holdings
Data as of July 31, 2026
EMDM
Taiwan Semiconductor Manufacturing Co., Ltd.
11.69%
Samsung Electronics Co., Ltd.
11.05%
SK hynix, Inc.
6.15%
Grupo México S.A.B. de C.V.
4.34%
Anglogold Ashanti Plc
2.69%
Petróleo Brasileiro SA
2.41%
OTP Bank Nyrt
2.17%
Gold Fields Ltd.
1.95%
PKO Bank Polski SA
1.95%
ORLEN SA
1.82%
Vale SA
1.69%
HDFC Bank Ltd.
1.69%
Grupo Financiero Banorte SAB de CV
1.62%
ICICI Bank Ltd.
1.57%
FirstRand Ltd.
1.48%
EEM
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%
Samsung Electronics Co., Ltd.
0.75%
Reliance Industries Ltd.
0.73%
ICICI Bank Ltd.
0.69%
Xiaomi Corp.
0.60%
Industrial & Commercial Bank of China Ltd.
0.56%
Frequently asked questions about EMDM and EEM
How have the EMDM and EEM ETFs performed in 2026?
As of September 10, 2026, EMDM is up 37.84% year-to-date (YTD), while EEM has returned 24.8%. That puts EMDM better performer ahead so far this year.
Which ETF is attracting more investor money: EMDM or EEM?
Year-to-date, the EMDM ETF saw +$22M in flows, compared to +$4.94B for EEM.
Which ETF is more volatile: EMDM or EEM?
Over the past year, EMDM had a volatility of 25.57%, while EEM experienced 23.46%.
Which ETF is bigger: EMDM or EEM?
As of September 10, 2026, EMDM holds $40.59 M in assets under management (AUM), while EEM manages $31.58 B.
What sectors do the EMDM and EEM ETFs invest in?
EMDM leans toward sectors like Technology, Finance and Non-Energy Materials. Meanwhile, EEM focuses on Technology and Finance.
What are the top holdings of the EMDM ETF and EEM ETF?
EMDM top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. EEM holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..
Which ETF is more diversified: EMDM or EEM?
EMDM holds 91 securities with 54.27% of its assets in the top 15. EEM has 1179 securities and a top 15 weight of 38.68%.
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