FDEM vs IEMG: holdings overlap, shared companies and scores
As of October 9, 2026, FDEM and IEMG overlap 42.0% by weight. Fidelity Emerging Markets Multifactor ETF (FDEM): Emerging market multifactor stocks. iShares Core MSCI Emerging Markets ETF (IEMG): Broad emerging market equities.
Updated October 9, 2026
Where FDEM and IEMG trade against their own history
FDEM trades at 11.3 times earnings, against its own median of 11.2, and is more expensive than 50% of its own last 8 years.
IEMG trades at 14.3 times earnings, against its own median of 13.6, and is more expensive than 64% of its own last 9 years.
What moved IEMG this week
IEMG fell 1.2% in the week to October 9, 2026. The holdings that moved it most were SK Hynix (−8.3%), Samsung Electronics (−4.7%) and Mediatek (−5.3%); Nu Holdings (+20.0%) pushed the other way.
What do FDEM and IEMG each hold?
What's inside FDEM: Tech 39%, Semiconductors 22%.
36% of FDEM is its ten largest holdings.
What's inside IEMG: Tech 43%, Semiconductors 25%.
35% of IEMG is its ten largest holdings.
How much do FDEM and IEMG overlap? 42.0% by weight
As of October 9, 2026, FDEM and IEMG overlap 42.0% by weight.
98% of FDEM is already inside IEMG.
44% of IEMG is already inside FDEM.
FDEM holds 202 companies and IEMG holds 2,831; 192 are in both.
Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.
How does ETF Copilot score FDEM and IEMG? 6.9 and 5.8 out of 10
As of October 9, 2026, ETF Copilot scores FDEM 6.9 out of 10 and IEMG 5.8 out of 10.
They differ most on Risk: FDEM 5.8 and IEMG 3.6.
The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.
| Factor | FDEM | IEMG |
|---|---|---|
| Growth | 8.6 | 8.9 |
| Value | 5.1 | 3.1 |
| Risk | 5.8 | 3.6 |
| Quality | 8.2 | 7.1 |
| Return | 6.5 | 5.0 |
IEMG is the cheaper of the two at 0.09% a year
As of October 9, 2026, FDEM charges 0.25% a year, yields 3.27% and holds $589M in assets across 202 positions.
As of October 9, 2026, IEMG charges 0.09% a year, yields 2.21% and holds $162.6B in assets across 2831 positions.
| Measure | FDEM | IEMG |
|---|---|---|
| Expense ratio | 0.25% | 0.09% |
| Dividend yield | 3.27% | 2.21% |
| Assets under management | $589M | $162.6B |
| Holdings | 202 | 2831 |
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.
Compare with similar funds
Cite this
ETF Copilot, “FDEM vs IEMG holdings overlap and scores”, as of October 9, 2026.
https://etf-copilot.com/compare/fdem-vs-iemg
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