βš”οΈ Head to head

IEM vs BEMG: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

BEMG comes out ahead on 4 of 7 measures. Which matters most depends on you.

Underneath, they are 73% the same. With holdings this similar, the fee and size are usually what separate them.

The short answer

πŸ’ΈLower feeBEMG wins
IEM
0.69%
BEMG
0.35%

Worth about $22,422 on $100,000 over 20 years.

🏦Bigger fundIEM wins
IEM
$1.8bn
BEMG
$208m

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnBEMG wins
IEM
+21.2%
BEMG
+23.0%
πŸ“Š3-year returnToo close to call
IEM
+19.7% a yr
BEMG
–
🏁5-year returnToo close to call
IEM
+8.2% a yr
BEMG
–
βš–οΈCheaper to tradeIEM wins
IEM
0.05%
BEMG
0.19%

A tighter gap between the buy and sell price.

IEM vs BEMG side by side

IEM leads on 3, BEMG on 4IEMiShares MSCI Emerging Markets ETFBEMGBetashares MSCI Emerging Markets Complex ETF
The basics
Index trackedMSCI Emerging Markets IndexBenchmark: MSCI Emerging Markets Index
Fund manageriSharesBetashares
Asset classInternational sharesInternational shares
ListedOct 2007Aug 2025
Cost and size
MERyearly fee, lower is better0.69%0.35%βœ“
AUMfund size$1.8bnβœ“$208m
Net flows (Sep)new money in, last monthβˆ’$2.5m$13mβœ“
Bid/ask spreadtrading cost, lower is better0.05%βœ“0.19%
Total returns
1 month+3.3%βœ“+3.2%
1 year+21.2%+23.0%βœ“
3 years p.a.+19.7%–
5 years p.a.+8.2%–
$10,000 invested
1 year ago$12,121$12,303βœ“
5 years ago$14,830–

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

IEM vs BEMG price chart

Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView

πŸ“ˆ Growth

What $10,000 invested is worth now

Only IEM has a 5 years record: $10,000 then is worth $14,830 today.

IEMBEMG$10,000 invested
$0k$5k$10k$15k$20k$12.1k$12.3k1 year agoBEMG +$182$17.1ktoo new3 years ago$14.8ktoo new5 years ago

Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.

πŸ’Έ Cost

What the fees cost you

BEMG's lower fee leaves about $22,422 more in your pocket over 20 years.

IEM charges 0.69% a yearBEMG charges 0.35% a year
🧾 Fees paid on $100,000Saving
5 years
IEM
βˆ’$4,464
BEMG
βˆ’$2,279
You keep$2,185more with BEMG
10 years
IEM
βˆ’$12,324
BEMG
βˆ’$6,341
You keep$5,983more with BEMG
20 years
IEM
βˆ’$46,966
BEMG
βˆ’$24,544
You keep$22,422more with BEMG

Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.

IEM and BEMG overlap

73%portfolio overlap (very high: holding both adds little diversification)

242 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.

Biggest shared holdings% of IEM% of BEMG
15.77%15.91%
6.95%7.08%
5.17%5.50%
2.64%2.57%
1.83%1.79%
1.53%1.56%
0.97%0.95%
0.93%0.96%
0.81%0.81%
0.70%0.77%
0.62%0.61%
0.60%0.61%

Add more ETFs and see the overlap in Compare ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

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  • Every holding of each ETF: the top 50 companies, with sectors and countries
  • Exactly which companies they share, and how much of each
  • Fees in dollars over 10, 20 and 30 years
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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
Keep in touch with the marketsWeekly ETF research, the Market Health-O-Meter and our model portfolio.Try it free for 30 days β†’

FAQs

Which is better, IEM or BEMG?

It depends on what you need. On our numbers IEM wins on 3 measures and BEMG on 4. BEMG is cheaper, with a management fee of 0.35% vs 0.69%. On $100,000 over 20 years that difference is worth about $22,422. IEM is the larger fund at $1.8bn vs $208m. BEMG has the better 1-year return: +23.0% vs +21.2%.

Which is cheaper, IEM or BEMG?

IEM charges 0.69% a year and BEMG charges 0.35% a year.

Can I hold both IEM and BEMG?

You can, but check how much they overlap. IEM is a international shares fund and BEMG is a international shares fund.

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Add more ETFs to this comparison β†’

General information only, not a recommendation. Past performance is not a reliable indicator of future performance.