ETF Versus

EEM vs INDA

iShares MSCI Emerging Markets ETF vs iShares MSCI India 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

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

INDA is significantly cheaper at 0.61% vs 0.72% expense ratio, saving you approximately $208 per $10,000 invested over 10 years. Over the past year, EEM has significantly outperformed with a 30.5% return vs -8.5%.

Key Metrics

Metric EEM INDA
Expense Ratio 0.72% 0.61%
Dividend Yield 2.1% N/A
Fund Family iShares N/A
Category Emerging Markets India Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

60 77 94 111 128 145 2021-04 2022-06 2023-09 2024-12 2026-04
EEM +5.8%
INDA +11.3%

Performance Comparison

Period EEM INDA Difference
1 Month -6.94% -8.32% +1.38%
3 Months +1.76% -14.39% +16.15%
6 Months +5.53% -10.94% +16.47%
YTD +1.76% -14.39% +16.15%
1 Year +30.54% -8.50% +39.04%
3 Years +44.74% +18.28% +26.46%
5 Years +5.84% +11.35% -5.51%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EEM Fees INDA Fees You Save
$10.000 10 years $1.397 $1.189 $208
$10.000 20 years $5.836 $4.992 $844
$10.000 30 years $18.296 $15.725 $2.571
$50.000 10 years $6.984 $5.944 $1.040
$50.000 30 years $91.478 $78.625 $12.853
$100.000 30 years $182.957 $157.251 $25.706

Risk Metrics

Based on 5 years of daily returns

Metric EEM INDA
Annualized Volatility 18.6% 15.7%
Max Drawdown -39.5% -25.1%
Sharpe Ratio -0.09 -0.07

Dividend Comparison

Metric EEM INDA
Annual Dividend (per share) $1.22 $0.00
Dividend Yield 2.12% 0.00%
Distribution Frequency Semi-Annual or Annual None

Top Holdings

2 of top 10 holdings overlap (20% 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%

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 INDA 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.

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