ETF Versus

EEM vs ITOT

iShares MSCI Emerging Markets ETF vs iShares Core S&P Total U.S. Stock Market ETF

Last updated: 2026-04-02

EEM iShares

iShares MSCI Emerging Markets ETF (EEM) is an exchange-traded fund issued by iShares that provides exposure to stocks in emerging market economies with higher growth potential. It charges a high expense ratio of 0.72%. The fund offers a moderate dividend yield of 2.12%. Launched in 2003, the fund has a 23-year track record.

AUM: $24.5B ER: 0.72% Yield: 2.12% Since: Apr 7, 2003
ITOT iShares

iShares Core S&P Total U.S. Stock Market ETF (ITOT) is an exchange-traded fund issued by iShares that provides exposure to the total U.S. stock market across all capitalizations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.12%. Launched in 2004, the fund has a 22-year track record.

AUM: $77.6B ER: 0.03% Yield: 1.12% Since: Jan 20, 2004

Quick Verdict

ITOT is significantly cheaper at 0.03% vs 0.72% expense ratio, saving you approximately $1.337 per $10,000 invested over 10 years. Over the past year, EEM has significantly outperformed with a 30.5% return vs 17.2%. Income investors may prefer EEM for its higher yield (2.1% vs 1.1%).

Key Metrics

Metric EEM ITOT
Expense Ratio 0.72% 0.03%
Dividend Yield 2.1% 1.1%
Fund Family iShares iShares
Category Emerging Markets US Total Market

Performance Chart

Indexed to 100 at start (5-year comparison)

60 81 102 123 144 165 2021-04 2022-06 2023-09 2024-12 2026-04
EEM +5.8%
ITOT +52.8%

Performance Comparison

Period EEM ITOT Difference
1 Month -6.94% -4.55% -2.39%
3 Months +1.76% -3.83% +5.59%
6 Months +5.53% -2.08% +7.61%
YTD +1.76% -3.83% +5.59%
1 Year +30.54% +17.17% +13.37%
3 Years +44.74% +57.97% -13.23%
5 Years +5.84% +52.82% -46.98%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EEM Fees ITOT Fees You Save
$10.000 10 years $1.397 $60 $1.337
$10.000 20 years $5.836 $258 $5.578
$10.000 30 years $18.296 $835 $17.460
$50.000 10 years $6.984 $299 $6.685
$50.000 30 years $91.478 $4.176 $87.302
$100.000 30 years $182.957 $8.352 $174.605

Risk Metrics

Based on 5 years of daily returns

Metric EEM ITOT
Annualized Volatility 18.6% 17.4%
Max Drawdown -39.5% -26.2%
Sharpe Ratio -0.09 0.32

Dividend Comparison

Metric EEM ITOT
Annual Dividend (per share) $1.22 $1.61
Dividend Yield 2.12% 1.13%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

EEM Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/233013.38%
Samsung Electronics Co., Ltd.!krx/0059305.37%
Tencent Holdings Limited!hkg/07003.82%
SK hynix Inc.!krx/0006603.17%
Alibaba Group Holding Limited!hkg/99882.55%
China Construction Bank Corporation!hkg/09390.95%
Delta Electronics, Inc.!tpe/23080.88%
HDFC Bank Limited!nse/HDFCBANK0.87%
Reliance Industries Limited!nse/RELIANCE0.82%
Hon Hai Precision Industry Co., Ltd.!tpe/23170.75%

ITOT Top Holdings

NameWeight
NVIDIA CorporationNVDA6.59%
Apple Inc.AAPL5.91%
Microsoft CorporationMSFT4.29%
Amazon.com, Inc.AMZN3.15%
Broadcom Inc.AVGO2.31%
Alphabet Inc.GOOG2.07%
Meta Platforms, Inc.META1.86%
Tesla, Inc.TSLA1.65%
Berkshire Hathaway Inc.BRK.B1.39%

Which One Should You Choose?

Choose ITOT if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose EEM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose EEM if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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