Betashares MSCI Emerging Markets Complex ETF (BEMG) Review & Analysis

MER · Top 50%AUM · Top 50%1Y Return · Top 10%
What's new this monthData to 30 September 2026
  • +3.2% in September (total return), ahead of the median international shares ETF at +0.0%.
  • Investors added a net $13m (6.9% of the fund).
  • The unit price closed the month at $38.25, 5% below its 12-month high (range $29.39 to $40.18).

About BEMG

BEMG is an international shares ETF from Betashares, listed on the ASX since August 2025. With $208m under management it is number 105 of 254 international shares ETFs by size. The management fee is 0.35% a year, about $35 on every $10,000 invested, cheaper than the typical international shares ETF at 0.55%.

Its largest holdings are Taiwan Semiconductor Manufacturing Co Ltd, Samsung Electronics Co Ltd and SK hynix Inc, and the top 10 make up 38% of the fund. By sector it leans towards information technology (53%) and financials (20%). Taiwan is the biggest country exposure at 33%.

Over the past year it returned +23.0%, against +10.4% for the median international shares ETF.

Compare BEMGCheck overlapBetashares website ↗

Compare BEMG with

BEMGvsIEM
iShares MSCI Emerging Markets ETF
Fee0.35%0.69%
1 year+23.0%+21.2%
5 yrs p.a.–+8.2%
Size$208m$1.8bn
Same holdings89%Near identical
Full comparison →
BEMGvsEMKT
VanEck MSCI Multifactor Emerging Markets Equity ETF
Fee0.35%0.69%
1 year+23.0%+39.6%
5 yrs p.a.–+14.7%
Size$208m$839m
Same holdings38%Some overlap
Full comparison →
BEMGvsEMXC
iShares MSCI Emerging Markets ex China ETF
Fee0.35%0.25%
1 year+23.0%+42.4%
5 yrs p.a.––
Size$208m$395m
Same holdings72%Lots in common
Full comparison →
BEMGvsVGE
Vanguard FTSE Emerging Markets Shares ETF
Fee0.35%0.48%
1 year+23.0%+6.0%
5 yrs p.a.–+5.8%
Size$208m$2.2bn
Same holdings89%Near identical
Full comparison →

BEMG price by TradingView

Stock CodeBEMG
Fund ManagerBetashares
Asset ClassInternational shares
AUM$208m
MER (%)0.35%
Net flows (Sep)+$13m
Last Price$38.25
52-Week Range$29.39 – $40.18
Bid/Ask Spread0.19%
Listing Date25/08/2025
ExchangeASX
Benchmark indexMSCI Emerging Markets Index
Issuer websiteBetashares ↗

Performance (% return)

0%8%15%23%1M3.2%1Y23.0%3Yn/a5Yn/a
1 month+3.2%
1 year+23.0%
3 years p.a.–
5 years p.a.–

$10,000 invested…

1 year ago$12,303

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

BEMG at a glance: strengths and things to watch

👍 Strengths

  • Low cost. At 0.35% a year it is cheaper than 79% of international shares ETFs.
  • Money is flowing in. Investors added a net $13m in September (6% of the fund).

⚠️ Things to watch

  • Short track record. Listed in August 2025, so it hasn't been tested through a full market cycle.

Worked out from BEMG's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Base since 15 Oct 2026

BEMG is in a base. Here's why that matters.

BEMG's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.

Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Get the weekly trend updates: try it free for 30 daysHow base and trend works →See every ETF's stage →Visit etfadviser.com.au →
Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

BEMG weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Emerging markets

Themes & Sectors

Active ETFs

Portfolio Breakdown

Top 10 holdings (37.9% of the fund)

SymbolCompany% assets
233015.91%
0059307.08%
0006605.50%
7002.57%
99881.79%
24541.56%
0059350.96%
9390.95%
23170.81%
23080.77%

Sector breakdown

  • Information Technology52.5%
  • Financials19.5%
  • Consumer Discretionary6.6%
  • Materials5.7%
  • Energy3.6%
  • Industrials3.3%
  • Health Care2.4%
  • Communication Services2.4%
  • Other4.1%

Country breakdown

  • Taiwan32.8%
  • South Korea22.0%
  • Hong Kong15.4%
  • India10.3%
  • BR3.7%
  • ZA3.3%
  • SA2.3%
  • MX1.6%
  • Other8.5%

Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 400 positions, covering 88% of the fund. Compare BEMG's holdings with other ETFs →

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.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
VGEVanguard FTSE Emerging Markets Shares ETF
89%
0.48%$2.2bn+6.0%+13.6%+5.8%
IEMiShares MSCI Emerging Markets ETF
89%
0.69%$1.8bn+21.2%+19.7%+8.2%
VAEVanguard FTSE Asia Ex-Japan Shares Index ETF
83%
0.40%$815m+22.7%+20.5%+9.1%
EMXCiShares MSCI Emerging Markets ex China ETF
72%
0.25%$395m+42.4%––
IAAiShares Asia 50 ETF
54%
0.29%$1.8bn+50.1%+35.9%+15.1%
EMKTVanEck MSCI Multifactor Emerging Markets Equity ETF
38%
0.69%$839m+39.6%+25.9%+14.7%

Same holdings is the share of BEMG's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like BEMG →

BEMG vs its closest alternatives

What actually differs between BEMG and the ETFs most like it. Data to 30 Sep 2026.

VGE Vanguard FTSE Emerging Markets Shares ETF

  • They share 89% of their holdings: largely the same companies.
  • BEMG is cheaper (0.35% vs 0.48%), worth about $8,734 on $100,000 over 20 years.
  • Over 1 year: BEMG +23.0%, VGE +6.0% (BEMG ahead by 17.1 percentage points).
  • VGE is much larger ($2.2bn vs $208m), which usually means tighter trading spreads.

Compare BEMG and VGE side by side →

IEM iShares MSCI Emerging Markets ETF

  • They share 89% of their holdings: largely the same companies.
  • BEMG is cheaper (0.35% vs 0.69%), worth about $22,422 on $100,000 over 20 years.
  • Over 1 year: BEMG +23.0%, IEM +21.2% (BEMG ahead by 1.8 percentage points).
  • IEM is about 9 times larger ($1.8bn vs $208m), which usually means tighter trading spreads.

Full BEMG vs IEM comparison →

VAE Vanguard FTSE Asia Ex-Japan Shares Index ETF

  • They share 83% of their holdings: largely the same companies.
  • BEMG is cheaper (0.35% vs 0.40%), worth about $3,383 on $100,000 over 20 years.
  • Over 1 year: BEMG +23.0%, VAE +22.7% (almost identical).
  • VAE is about 4 times larger ($815m vs $208m), which usually means tighter trading spreads.

Compare BEMG and VAE side by side →

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

Popular comparisons

IEM vs BEMGEMKT vs BEMGEMXC vs BEMG

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BEMG FAQs

What is the fee for BEMG?

BEMG charges a management fee (MER) of 0.35% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is BEMG?

BEMG had $208m in funds under management as at 30 September 2026.

How has BEMG performed?

BEMG returned +23.0% over the year to 30 September 2026 (total return, including distributions). Past performance is not a reliable indicator of future performance.

Who manages BEMG?

BEMG is managed by Betashares and has been listed since August 2025.

Is BEMG franked?

Generally no. BEMG invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does BEMG hold?

BEMG's largest holdings are Taiwan Semiconductor Manufacturing Co Ltd (15.9%), Samsung Electronics Co Ltd (7.1%), SK hynix Inc (5.5%), Tencent Holdings Ltd (2.6%), Alibaba Group Holding Ltd (1.8%). The biggest sector is information technology at 46%. Holdings as at 30 October 2026.

Is BEMG currency hedged?

No, BEMG is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Betashares product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.