ETF Versus

EEM vs INDA

iShares MSCI Emerging Markets ETF vs iShares MSCI India ETF

Last updated: 2026-04-10

EEM iShares

iShares MSCI Emerging Markets ETF (EEM) is an exchange-traded fund issued by iShares that provides exposure to stocks in emerging market economies with higher growth potential. It charges a high expense ratio of 0.72%. The fund offers a moderate dividend yield of 2.01%. Launched in 2003, the fund has a 23-year track record.

AUM: $26.8B ER: 0.72% Yield: 2.01% Since: Apr 7, 2003
INDA iShares

iShares MSCI India ETF (INDA) is an exchange-traded fund issued by iShares that provides exposure to india equity securities. It charges a high expense ratio of 0.61%. Launched in 2012, the fund has a 14-year track record.

AUM: $6.7B ER: 0.61% Yield: N/A Since: Feb 2, 2012

Quick Verdict

INDA is significantly cheaper at 0.61% vs 0.72% expense ratio, saving you approximately $208 per $10,000 invested over 10 years. Over the past year, EEM has significantly outperformed with a 49.5% return vs -2.4%.

Key Metrics

Metric EEM INDA
Expense Ratio 0.72% 0.61%
Dividend Yield 2.0% N/A
Fund Family iShares iShares
Category Emerging Markets India Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

65 82 99 116 133 150 2021-04 2022-07 2023-10 2025-01 2026-04
EEM +13.7%
INDA +22.8%

Performance Comparison

Period EEM INDA Difference
1 Month +2.86% +0.11% +2.75%
3 Months +4.44% -7.63% +12.07%
6 Months +13.22% -6.88% +20.10%
YTD +7.60% -9.59% +17.19%
1 Year +49.49% -2.37% +51.86%
3 Years +52.55% +23.10% +29.45%
5 Years +13.69% +22.82% -9.13%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period EEM Fees INDA Fees You Save
$10,000 10 years $1,397 $1,189 $208
$10,000 20 years $5,836 $4,992 $844
$10,000 30 years $18,296 $15,725 $2,571
$50,000 10 years $6,984 $5,944 $1,040
$50,000 30 years $91,478 $78,625 $12,853
$100,000 30 years $182,957 $157,251 $25,706

Risk Metrics

Based on 5 years of daily returns

Metric EEM INDA
Annualized Volatility 18.7% 15.8%
Max Drawdown -39.5% -25.1%
Sharpe Ratio -0.01 0.06

Dividend Comparison

Metric EEM INDA
Annual Dividend (per share) $1.22 $0.00
Dividend Yield 2.01% 0.00%
Distribution Frequency Semi-Annual or Annual None

Top Holdings

2 of top 10 holdings overlap (20% overlap in top holdings)

EEM Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/233013.43%
Samsung Electronics Co., Ltd.!krx/0059306.01%
Tencent Holdings Limited!hkg/07003.67%
SK hynix Inc.!krx/0006603.40%
Alibaba Group Holding Limited!hkg/99882.46%
China Construction Bank Corporation!hkg/09390.93%
Delta Electronics, Inc.!tpe/23080.91%
HDFC Bank Limited!nse/HDFCBANK0.89%
Reliance Industries Limited!nse/RELIANCE0.79%
Hon Hai Precision Industry Co., Ltd.!tpe/23170.71%

INDA Top Holdings

NameWeight
BLK CSH FND TREASURY SL AGENCYXTSLA8.45%
HDFC Bank Limited!nse/HDFCBANK7.38%
Reliance Industries Limited!nse/RELIANCE6.35%
ICICI Bank Limited!nse/ICICIBANK5.50%
Bharti Airtel Limited!nse/BHARTIARTL3.70%
Infosys Limited!nse/INFY3.38%
INR CASHINR2.91%
Axis Bank Limited!nse/AXISBANK2.43%
Mahindra & Mahindra Limited!nse/M&M2.32%
Larsen & Toubro Limited!nse/LT2.09%

Which One Should You Choose?

Choose INDA if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose EEM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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