
This exchange-traded fund, the iShares MSCI Emerging Markets ETF, endeavors to replicate the performance of an index that includes large and medium-sized company stocks within emerging markets.
Is EEM's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

International or non-US investing has been quietly putting up robust numbers for shareholders. Today, we are seeing international, gold and even grains of late start to rally, without much give-back in the S&P 500 or Nasdaq.

U.S. mega-cap dominance followed by extreme valuations is leading a migration toward international assets, especially emerging markets (EM). In Research Affiliates' mid-year recap, Chief Investment Officer Jim Mesterzo highlighted a notable divergence across global markets.

Vanguard FTSE Developed Markets ETF has a significantly lower expense ratio than iShares MSCI Emerging Markets ETF. iShares MSCI Emerging Markets ETF is heavily concentrated in technology at 40%, while Vanguard FTSE Developed Markets ETF is more diversified across financials and industrials.

Cooling inflation is easing Fed rate-hike fears, creating a favorable backdrop for growth, emerging-market, Asian and gold ETFs.

SPGM's 0.09% expense ratio dwarfs EEM's 0.72%, while delivering stronger five-year returns and lower volatility despite EEM's recent 31% one-year surge.