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HEEMvsEMGFETF Comparison

ETF 1

HEEM

iShares Currency Hedged MSCI Emerging Markets ETF

This fund is part of

EM Large & Mid Cap

-1.53%

Full HEEM fund page

VS

ETF 2

EMGF

iShares Emerging Markets Equity Factor ETF

This fund is part of

EM Large & Mid Cap

-1.53%

Full EMGF fund page

iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) and iShares Emerging Markets Equity Factor ETF (EMGF) belong to the same industry segment: EM Large & Mid Cap. HEEM's top 3 sector exposures are Technology, Finance and Non-Energy Materials. In contrast, EMGF's top sector exposures are Technology, Finance and Industrials. HEEM is more expensive with a Total Expense Ratio (TER) of 1.51%, versus 0.26% for EMGF. HEEM is up 14.83% year-to-date (YTD) with +$63M in YTD flows. EMGF performs better with 17.36% YTD performance, and +$305M in YTD flows. Run a side-by-side ETF comparison of HEEM and EMGF 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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HEEM vs EMGF performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/29/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HEEM EMGF	-6.54%-6.33%	+1.59%+3.62%	+14.83%+17.36%	+14.46%+16.61%	+85.23%+89.51%	+52.52%+58.14%
Flows	HEEM EMGF	-$180K+$13M	+$13M+$42M	+$63M+$305M	+$65M+$356M	+$67M+$756M	+$48M+$689M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HEEM EMGF	+19.92%+19.97%	+23.34%+23.19%	+18.10%+17.70%	+17.77%+16.90%
Max drawdown	HEEM EMGF	-10.36%-10.70%	-15.56%-14.42%	-15.56%-16.15%	-26.66%-26.61%
Max drawdown duration	HEEM EMGF	37d37d	129d129d	129d220d	967d902d

Trading data

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	HEEM	EMGF
Last sale 10/30/2026 at 3:30 PM	$38.76	$65.57
Previous close 10/29/2026	$39.63	$67.52
Consolidated volume 10/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	HEEM	EMGF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/30/2026 at 3:30 PM

Live

Closed

	HEEM	EMGF
Last price	$38.76	$65.57
1D performance	-2.20%	-2.88%
AuM	$280.91 M	$1.84 B
E/R	1.51%	0.26%

Characteristics

	HEEM	EMGF
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	MSCI Emerging Markets Index	STOXX Emerging Markets Equity Factor Index
N° of holdings	1	688
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	September 23, 2014	December 8, 2015
ESG	No	No

More HEEM data on Trackinsight

More EMGF data on Trackinsight

Exposure

Countries

HEEM

Taiwan

28.81%

Republic of Korea

21.29%

China

17.69%

India

10.6%

Other

21.61%

EMGF

Taiwan

28.01%

China

20.15%

Republic of Korea

19.18%

India

11.89%

Other

20.77%

Sectors

HEEM

Technology

46.58%

Finance

21.02%

Other

32.4%

EMGF

Technology

43.04%

Finance

21.12%

Other

35.84%

Diversification

HEEM

Total weight of top 1 holdings out of 1

99.9%

EMGF

Total weight of top 15 holdings out of 15

35.05%

Top 15 holdings

Data as of September 30, 2026

HEEM

US4642872349

99.90%

EMGF

Taiwan Semiconductor Manufacturing Co., Ltd.

10.22%

Samsung Electronics Co., Ltd.

6.69%

SK hynix, Inc.

5.05%

Tencent Holdings Ltd.

2.60%

MediaTek, Inc.

1.90%

Alibaba Group Holding Ltd.

1.84%

China Construction Bank Corp.

1.07%

Delta Electronics, Inc.

0.98%

Industrial & Commercial Bank of China Ltd.

0.78%

Hon Hai Precision Industry Co., Ltd.

0.78%

ASE Technology Holding Co., Ltd.

0.67%

Samsung Electronics Co., Ltd.

0.65%

Bank of China Ltd.

0.65%

SK Square Co. Ltd.

0.61%

Fubon Financial Holding Co., Ltd.

0.55%

Frequently asked questions about HEEM and EMGF

How have the HEEM and EMGF ETFs performed in 2026?

As of October 29, 2026, HEEM is up 14.83% year-to-date (YTD), while EMGF has returned 17.36%. That puts EMGF better performer ahead so far this year.

Which ETF is attracting more investor money: HEEM or EMGF?

Year-to-date, the HEEM ETF saw +$63M in flows, compared to +$305M for EMGF.

Which ETF is more volatile: HEEM or EMGF?

Over the past year, HEEM had a volatility of 23.34%, while EMGF experienced 23.19%.

Which ETF is bigger: HEEM or EMGF?

As of October 29, 2026, HEEM holds $280.91 M in assets under management (AUM), while EMGF manages $1.84 B.

What sectors do the HEEM and EMGF ETFs invest in?

HEEM leans toward sectors like Technology and Finance. Meanwhile, EMGF focuses on Technology and Finance.

What are the top holdings of the HEEM ETF and EMGF ETF?

HEEM top holdings include US4642872349. EMGF holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

HEEMvsEMGFETF Comparison

iShares Currency Hedged MSCI Emerging Markets ETF

iShares Emerging Markets Equity Factor ETF

HEEM vs EMGF performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the HEEM and EMGF ETFs performed in 2026?

As of October 29, 2026, HEEM is up 14.83% year-to-date (YTD), while EMGF has returned 17.36%. That puts EMGF better performer ahead so far this year.

Which ETF is attracting more investor money: HEEM or EMGF?

Year-to-date, the HEEM ETF saw +$63M in flows, compared to +$305M for EMGF.

Which ETF is more volatile: HEEM or EMGF?

Over the past year, HEEM had a volatility of 23.34%, while EMGF experienced 23.19%.

Which ETF is bigger: HEEM or EMGF?

As of October 29, 2026, HEEM holds $280.91 M in assets under management (AUM), while EMGF manages $1.84 B.

What sectors do the HEEM and EMGF ETFs invest in?

HEEM leans toward sectors like Technology and Finance. Meanwhile, EMGF focuses on Technology and Finance.

What are the top holdings of the HEEM ETF and EMGF ETF?

HEEM top holdings include US4642872349. EMGF holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

Which ETF is more diversified: HEEM or EMGF?

HEEM holds 1169 securities with 99.9% of its assets in the top 15. EMGF has 712 securities and a top 15 weight of 35.05%.

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