EZAvsEEMETF Comparison
VS
iShares MSCI South Africa ETF (EZA) and iShares MSCI Emerging Markets ETF (EEM) belong to the same industry segment: EM Large & Mid Cap. EZA's top 3 sector exposures are Finance, Non-Energy Materials and Consumer Non-Cyclicals. In contrast, EEM's top sector exposures are Technology, Finance and Non-Energy Materials. EZA is less expensive with a Total Expense Ratio (TER) of 0.59%, versus 0.72% for EEM. EZA is down -5.72% year-to-date (YTD) with +$48M in YTD flows. EEM performs better with 18.3% YTD performance, and +$4.13B in YTD flows. Run a side-by-side ETF comparison of EZA 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
EZA vs EEM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/31/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | EZA EEM | +0.86%-3.51% | -5.12%+1.95% | -5.72%+18.30% | +28.18%+34.69% | +67.54%+64.68% | +62.89%+39.54% |
| Flows | EZA EEM | -$6M+$644M | -$143M+$644M | +$48M+$4.13B | +$103M+$4.42B | +$143M-$3.82B | +$252M-$3.06B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | EZA EEM | +32.01%+34.48% | +32.22%+23.10% | +27.14%+17.97% | +27.47%+18.05% |
| Max drawdown | EZA EEM | -14.35%-14.32% | -24.19%-14.32% | -24.19%-15.99% | -34.20%-34.93% |
| Max drawdown duration | EZA EEM | 86d39d | 152d39d | 152d218d | 1126d1393d |
Trading data
EZA | EEM | |
Last sale 7/31/2026 at 1:30 PM | $63.62 | $64.09 |
| Previous close 07/30/2026 | $64.11 | $63.59 |
| Consolidated volume 07/30/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of July 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
EZA | EEM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/31/2026 at 1:30 PM
Live
Closed
EZA | EEM | |
|---|---|---|
| Last price | $63.62 | $64.09 |
| 1D performance | -0.76% | +0.79% |
| AuM | $537.32 M | $29.16 B |
| E/R | 0.59% | 0.72% |
Advertisement
Exposure
Countries
EZA
South Africa
85.69%
USA
11.11%
Other
3.2%
EEM
Taiwan
27.28%
Republic of Korea
23.67%
China
17.19%
India
11.06%
Other
20.81%
Sectors
EZA
Finance
38.26%
Non-Energy Materi.
34.01%
Consumer Non-Cycl.
14.44%
Telecommunication.
7.1%
Other
6.19%
EEM
Technology
48.23%
Finance
20.33%
Other
31.44%
Advertisement
Diversification
EZA
Total weight of top 15 holdings out of 15
79.39%
EEM
Total weight of top 15 holdings out of 15
43.54%
Top 15 holdings
Data as of June 30, 2026
EZA
Anglogold Ashanti Plc
11.06%
Naspers Ltd.
10.61%
Gold Fields Ltd.
8.07%
FirstRand Ltd.
7.94%
Standard Bank Group Ltd.
6.84%
Capitec Bank Holdings Ltd.
5.22%
MTN Group Ltd.
5.20%
Valterra Platinum Ltd.
3.95%
Absa Group Ltd.
3.60%
Sanlam Ltd.
2.96%
Impala Platinum Holdings Ltd.
2.90%
Bid Corp. Ltd.
2.86%
Discovery Ltd.
2.79%
Shoprite Holdings Ltd.
2.72%
Harmony Gold Mining Co. Ltd.
2.67%
EEM
Taiwan Semiconductor Manufacturing Co., Ltd.
15.05%
Samsung Electronics Co., Ltd.
8.14%
SK hynix, Inc.
7.63%
Tencent Holdings Ltd.
2.73%
Alibaba Group Holding Ltd.
1.60%
MediaTek, Inc.
1.55%
Delta Electronics, Inc.
0.96%
Samsung Electronics Co., Ltd.
0.89%
SK Square Co. Ltd.
0.82%
Hon Hai Precision Industry Co., Ltd.
0.78%
HDFC Bank Ltd.
0.77%
China Construction Bank Corp.
0.70%
Reliance Industries Ltd.
0.67%
Samsung Electro-Mechanics Co., Ltd.
0.64%
ICICI Bank Ltd.
0.62%
Frequently asked questions about EZA and EEM
How have the EZA and EEM ETFs performed in 2026?
As of July 31, 2026, EZA is down -5.72% year-to-date (YTD), while EEM has returned 18.3%. That puts EEM better performer ahead so far this year.
Which ETF is attracting more investor money: EZA or EEM?
Year-to-date, the EZA ETF saw +$48M in flows, compared to +$4.13B for EEM.
Which ETF is more volatile: EZA or EEM?
Over the past year, EZA had a volatility of 32.22%, while EEM experienced 23.1%.
Which ETF is bigger: EZA or EEM?
As of July 31, 2026, EZA holds $537.32 M in assets under management (AUM), while EEM manages $29.16 B.
What sectors do the EZA and EEM ETFs invest in?
EZA leans toward sectors like Finance, Non-Energy Materials and Consumer Non-Cyclicals. Meanwhile, EEM focuses on Technology and Finance.
What are the top holdings of the EZA ETF and EEM ETF?
EZA top holdings include Anglogold Ashanti Plc, Naspers Ltd. and Gold Fields Ltd.. EEM holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..
Which ETF is more diversified: EZA or EEM?
EZA holds 28 securities with 79.39% of its assets in the top 15. EEM has 1179 securities and a top 15 weight of 43.54%.
Advertisement
Latest news about EZA & EEM
There's an ETF For That? Emerging Markets, Ex-China
February 12, 2026
EEM
The “Sell America” Trade, Part 2: Top International ETFs to Watch For 2026
January 14, 2026
EEM
How to Hedge Your Portfolio Against Geopolitical Risk with ETFs
February 6, 2025
EEM
Advertisement
There's an ETF for that? Investing in BRICS Countries
October 31, 2024
EZA
There's an ETF for that? Investing in BRICS Countries
October 31, 2024
EZA
There’s an ETF for That? Betting Against the U.S. Dollar
September 27, 2024
EZA
There's an ETF for that? The Top 3 ETFs for Investing in India
March 26, 2024
EZA
Advertisement
