ETF Versus

IEMG vs INDA

iShares Core MSCI Emerging Markets ETF vs iShares MSCI India ETF

Last updated: 2026-04-02

IEMG iShares

iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund issued by iShares that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.09%. The fund offers an attractive dividend yield of 2.63%. Launched in 2012, the fund has a 14-year track record.

AUM: $132.2B ER: 0.09% Yield: 2.63% Since: Oct 18, 2012

iShares MSCI India ETF (INDA) is an exchange-traded fund that provides exposure to india equity securities. It charges a high expense ratio of 0.61%. Launched in 2012, the fund has a 14-year track record.

AUM: $7.0B ER: 0.61% Yield: N/A Since: Feb 2, 2012

Quick Verdict

IEMG is significantly cheaper at 0.09% vs 0.61% expense ratio, saving you approximately $1.010 per $10,000 invested over 10 years. Over the past year, IEMG has significantly outperformed with a 29.6% return vs -8.5%.

Key Metrics

Metric IEMG INDA
Expense Ratio 0.09% 0.61%
Dividend Yield 2.6% N/A
Fund Family iShares N/A
Category Emerging Markets India Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

65 81 97 113 129 145 2021-04 2022-06 2023-09 2024-12 2026-04
IEMG +7.7%
INDA +11.3%

Performance Comparison

Period IEMG INDA Difference
1 Month -6.83% -8.32% +1.49%
3 Months +1.86% -14.39% +16.25%
6 Months +5.01% -10.94% +15.95%
YTD +1.86% -14.39% +16.25%
1 Year +29.64% -8.50% +38.14%
3 Years +43.63% +18.28% +25.35%
5 Years +7.71% +11.35% -3.64%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IEMG Fees INDA Fees You Save
$10.000 10 years $179 $1.189 $1.010
$10.000 20 years $771 $4.992 $4.221
$10.000 30 years $2.486 $15.725 $13.240
$50.000 10 years $896 $5.944 $5.048
$50.000 30 years $12.428 $78.625 $66.198
$100.000 30 years $24.855 $157.251 $132.396

Risk Metrics

Based on 5 years of daily returns

Metric IEMG INDA
Annualized Volatility 18.1% 15.7%
Max Drawdown -38.5% -25.1%
Sharpe Ratio -0.08 -0.07

Dividend Comparison

Metric IEMG INDA
Annual Dividend (per share) $1.85 $0.00
Dividend Yield 2.63% 0.00%
Distribution Frequency Semi-Annual or Annual None

Top Holdings

2 of top 10 holdings overlap (20% overlap in top holdings)

IEMG Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/233011.60%
Samsung Electronics Co., Ltd.!krx/0059304.66%
Tencent Holdings Limited!hkg/07003.32%
SK hynix Inc.!krx/0006602.75%
Alibaba Group Holding Limited!hkg/99882.22%
China Construction Bank Corporation!hkg/09390.82%
Delta Electronics, Inc.!tpe/23080.76%
HDFC Bank Limited!nse/HDFCBANK0.75%
Reliance Industries Limited!nse/RELIANCE0.71%
Hon Hai Precision Industry Co., Ltd.!tpe/23170.65%

INDA Top Holdings

NameWeight
HDFC Bank Limited!nse/HDFCBANK6.97%
Reliance Industries Limited!nse/RELIANCE6.59%
ICICI Bank Limited!nse/ICICIBANK5.29%
Bharti Airtel Limited!nse/BHARTIARTL3.80%
Infosys Limited!nse/INFY3.31%
BLK CSH FND TREASURY SL AGENCYXTSLA2.38%
Mahindra & Mahindra Limited!nse/M&M2.28%
Axis Bank Limited!nse/AXISBANK2.24%
Larsen & Toubro Limited!nse/LT1.93%
Bajaj Finance Limited!nse/BAJFINANCE1.90%

Which One Should You Choose?

Choose IEMG if...

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

Choose IEMG if...

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

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