Best Emerging Markets ETFs
Which emerging markets ETFs does ETF Copilot list today? As of October 28, 2026, ETF Copilot's Best Emerging Markets ETFs list holds five funds, largest first by assets: VWO, IEMG, EEM, AVEM and EMXC. Expense ratios across the five run from 0.06% to 0.72% a year, and their ETF Copilot overall scores run from 4.6 to 7.0.
Updated October 28, 2026
What stands out across Emerging Markets ETFs
Expense ratios across the 5 emerging markets ETFs listed run from 0.06% to 0.72% a year, a median of 0.25%. VWO is the cheapest of the 5.
Across the 5 funds shown, ETF Copilot's overall scores run from 4.6 to 7.0 out of 10, with a median of 5.9.
Concentration varies widely among the 5 emerging markets ETFs listed: the ten largest holdings account for 29% of assets in the least concentrated fund and 43% in the most, a median of 33% across the list.
4 of 5 are more concentrated than the typical fund in their own category, on ETF Copilot's concentration measure.
The typical fund among the 5 emerging markets ETFs listed behaves like 32 equally weighted positions once holding weights are taken into account.
As of October 28, 2026, the largest fund on ETF Copilot's Best Emerging Markets ETFs list by assets is Vanguard FTSE Emerging Markets ETF (VWO).
What are the Best Emerging Markets ETFs? The 5 on this list
| # | Fund | ETF Copilot score | Expense ratio | Assets | Top 10 weight | Largest exposures |
|---|---|---|---|---|---|---|
| 1 | Vanguard FTSE Emerging Markets ETF (VWO) | 4.6/10 | 0.06% | $171.3B | 29% | Tech 34%, Semiconductors 23% |
| 2 | iShares Core MSCI Emerging Markets ETF (IEMG) | 5.8/10 | 0.09% | $148.9B | 33% | Tech 40%, Semiconductors 24% |
| 3 | iShares MSCI Emerging Markets ETF (EEM) | 5.9/10 | 0.72% | $28.8B | 38% | Tech 43%, Semiconductors 26% |
| 4 | Avantis Emerging Markets Equity ETF (AVEM) | 5.9/10 | 0.33% | $27.3B | 29% | Tech 38%, Semiconductors 23% |
| 5 | iShares MSCI Emerging Markets ex China ETF (EMXC) | 7.0/10 | 0.25% | $26.1B | 43% | Tech 50%, Semiconductors 31% |
ETF Copilot's 0–10 score rates a fund on value, growth, quality and risk against every US equity ETF we track. How the scores are built →
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Which Emerging Markets ETFs are compared head to head?
Every published head-to-head between two Emerging Markets ETFs, the most searched first.
- VWO vs IEMG
- EEM vs IEMG
- VWO vs EEM
- AVEM vs EEM
- AVEM vs IEMG
- AVEM vs VWO
- AVEM vs EMXC
- EEM vs EMXC
- EMXC vs IEMG
- EMXC vs VWO
- AVEM vs SPEM
- EEM vs IEMG vs SPEM vs VWO
- EEM vs SPEM
- EMXC vs SPEM
- IEMG vs SPEM
- SPEM vs VWO
- AVEM vs SCHE
- EEM vs SCHE
- EMXC vs SCHE
- IEMG vs SCHE
- SCHE vs SPEM
- SCHE vs VWO
- AVEM vs FNDE
- EEM vs FNDE
- EMXC vs FNDE
- FNDE vs IEMG
- FNDE vs SCHE
- FNDE vs SPEM
- FNDE vs VWO
- AVEM vs DFAE
- DFAE vs EEM
- DFAE vs EMXC
- DFAE vs FNDE
- DFAE vs IEMG
- DFAE vs SCHE
- DFAE vs SPEM
- DFAE vs VWO
- AVEM vs DFEM
- DFAE vs DFEM
- DFEM vs EEM
- DFEM vs EMXC
- DFEM vs FNDE
- DFEM vs IEMG
- DFEM vs SCHE
- DFEM vs SPEM
- DFEM vs VWO
Where is money going in Emerging Markets?
In the week to October 28, 2026, Emerging Markets moved -1.1% and saw +$1.4B of net fund flow, which ETF Copilot reads as accumulating — money coming in without the price leading.
| Measure | Value |
|---|---|
| Price, 1 week | -1.1% |
| Net flow, 1 week | +$1.4B |
| Price, 1 month | -5.0% |
| Net flow, 1 month | +$7.1B |
Net fund flow is money into or out of the ETFs in this category, computed by ETF Copilot from daily fund assets. All 33 sectors side by side →
Cite this
ETF Copilot, “Best Emerging Markets ETFs”, as of October 28, 2026.
https://etf-copilot.com/best/emerging-markets-etfs
ETF Copilot Pro unlocks prices and holdings.
Try Pro free →