EMM vs IVV
Global X Emerging Markets ex-China ETF vs iShares Core S&P 500 ETF
Which is better, EMM or IVV?
Each has led over a different period.
IVV has a lower expense ratio. EMM led over 1Y and 3Y, IVV over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMM | IVV |
|---|---|---|
| Expense Ratio | 0.66% | 0.03%Best |
| AUM | $58M | $876.4B |
| Dividend Yield | 0.73% | 1.06% |
| Holdings | 53 | 508 |
| YTD Return | +32.69%Best | +14.14% |
| 1Y Return | +46.09%Best | +17.30% |
| 3Y Return (annualized) | +24.64%Best | +23.04% |
| 5Y Return (annualized) | - | +13.63% |
| Volatility (annualized) | 19.0% | 12.7%Best |
| Max Drawdown | -22.0% | -18.8%Best |
| $10,000 over 3.4 years | $18,714 | $19,788Best |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2010 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 15, 2023 to Sep 22, 2026 (3.4 years).
EMM vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
EMM vs IVV Performance
Global X Emerging Markets ex-China ETF (EMM) is an ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EMM returned +46.09% while IVV returned +17.30%. Year to date, EMM is up 32.69% versus a gain of 14.14% for IVV.
Over three years, EMM compounded at +24.64% per year against +23.04% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMM has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 12.7% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.0% for EMM and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMM charges 0.66% per year while IVV charges 0.03%. On a $10,000 position that is $66 vs $3 annually, a gap of $63 per year that compounds over a long holding period. On income, EMM currently yields 0.73% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 42 holdings in EMM and 490 in IVV, totalling 84.6% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 42 positions we hold weights for in EMM and 490 in IVV, against full books of 53 and 508.
You are not choosing between two funds in isolation.
Whichever of EMM and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMM or IVV?
EMM has an expense ratio of 0.66% while IVV charges 0.03%. IVV is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, EMM or IVV?
Over the past year EMM returned +46.09% vs +17.30% for IVV, so EMM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMM or IVV?
EMM has been the more volatile fund at 19.0% annualized versus 12.7% for IVV. Worst drawdown: EMM -22.0% vs IVV -18.8%.
Should I hold both EMM and IVV?
EMM and IVV have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EMM or IVV?
EMM yields 0.73% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than EMM?
IVV has a lower expense ratio. EMM led over 1Y and 3Y, IVV over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.