ETF Versus

IEMG vs VIG

iShares Core MSCI Emerging Markets ETF vs Vanguard Dividend Appreciation Index Fund ETF Shares

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
VIG Vanguard

Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) is an exchange-traded fund issued by Vanguard that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.60%. Launched in 2006, the fund has a 20-year track record.

AUM: $97.2B ER: 0.04% Yield: 1.60% Since: Apr 21, 2006

Quick Verdict

VIG has a slightly lower expense ratio (0.04% vs 0.09%), saving about $99 per $10,000 over 10 years. Over the past year, IEMG has significantly outperformed with a 29.6% return vs 11.4%. Income investors may prefer IEMG for its higher yield (2.6% vs 1.6%).

Key Metrics

Metric IEMG VIG
Expense Ratio 0.09% 0.04%
Dividend Yield 2.6% 1.6%
Fund Family iShares Vanguard
Category Emerging Markets US Dividend

Performance Chart

Indexed to 100 at start (5-year comparison)

65 83 101 119 137 155 2021-04 2022-06 2023-09 2024-12 2026-04
IEMG +7.7%
VIG +43.7%

Performance Comparison

Period IEMG VIG Difference
1 Month -6.83% -5.05% -1.78%
3 Months +1.86% -2.23% +4.09%
6 Months +5.01% -0.97% +5.98%
YTD +1.86% -2.23% +4.09%
1 Year +29.64% +11.38% +18.26%
3 Years +43.63% +39.10% +4.53%
5 Years +7.71% +43.71% -36.00%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IEMG Fees VIG Fees You Save
$10.000 10 years $179 $80 $99
$10.000 20 years $771 $344 $427
$10.000 30 years $2.486 $1.112 $1.373
$50.000 10 years $896 $399 $497
$50.000 30 years $12.428 $5.560 $6.867
$100.000 30 years $24.855 $11.121 $13.734

Risk Metrics

Based on 5 years of daily returns

Metric IEMG VIG
Annualized Volatility 18.1% 14.3%
Max Drawdown -38.5% -21.5%
Sharpe Ratio -0.08 0.27

Dividend Comparison

Metric IEMG VIG
Annual Dividend (per share) $1.85 $3.45
Dividend Yield 2.63% 1.60%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 10 holdings overlap (0% 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%

VIG Top Holdings

NameWeight
Broadcom Inc.AVGO5.92%
Apple Inc.AAPL3.89%
Eli Lilly and CompanyLLY3.70%
Microsoft CorporationMSFT3.45%
JPMorgan Chase & Co.JPM3.42%
Exxon Mobil CorporationXOM2.87%
Johnson & JohnsonJNJ2.65%
Walmart Inc.WMT2.48%
Visa Inc.V2.23%
Costco Wholesale CorporationCOST1.98%

Which One Should You Choose?

Choose VIG 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.

Choose IEMG if...

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

Related Comparisons