

It's been a great time to be an emerging markets equity ETF investor, but it may also be a great time to revisit your EM ETF.

The Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) has quietly become one of the more interesting concentration stories in

Is it time to look beyond the U.S. markets? Improving flows and dollar weakness are putting emerging market ETFs in focus.

Schwab International Equity ETF is more cost-efficient with an expense ratio of 0.03% compared to 0.09% for iShares Core MSCI Emerging Markets ETF. The iShares Core MSCI Emerging Markets ETF provides exposure to developing economies and carries a significant 39% weight in the technology sector.

iShares Core MSCI Total International Stock ETF provides broad global exposure including developed markets, whereas iShares Core MSCI Emerging Markets ETF focuses specifically on developing economies. iShares Core MSCI Emerging Markets ETF carries a slightly higher expense ratio and has outperformed on a 1-year total return basis.

State Street SPDR MSCI ACWI Climate Paris Aligned ETF provides global exposure with a net-zero climate strategy, while iShares Core MSCI Emerging Markets ETF focuses strictly on developing economies. iShares Core MSCI Emerging Markets ETF offers a lower expense ratio of 0.09% and a higher dividend yield of 2.3% compared to its climate-focused counterpart.

The iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) is the ticker most U.S.

State Street SPDR Portfolio MSCI Global Stock Market ETF and iShares Core MSCI Emerging Markets ETF share identical 0.09% expense ratios The iShares fund has delivered significantly higher trailing 12-month returns but also carries higher historical volatility and deeper drawdowns The State Street fund provides exposure to both developed and emerging markets while the iShares fund concentrates solely on developing economies