What is the expense ratio of IEMG vs INDA?

IEMG has an expense ratio of 0.09%, while INDA has an expense ratio of 0.61%.

IEMG vs INDA

iShares Core MSCI Emerging Markets ETF vs iShares MSCI India ETF

Last updated: 2026-04-10

IEMG iShares

iShares Core MSCI Emerging Markets ETF (IEMG) is an exchange-traded fund issued by iShares that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 2.49%. Launched in 2012, the fund has a 14-year track record.

AUM: $144.0B ER: 0.09% Yield: 2.49% Since: Oct 18, 2012

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

IEMG is significantly cheaper at 0.09% vs 0.61% expense ratio, saving you approximately $1,010 per $10,000 invested over 10 years. Over the past year, IEMG has significantly outperformed with a 48.0% return vs -2.4%.

Key Metrics

Metric	IEMG	INDA
Expense Ratio	0.09%	0.61%
Dividend Yield	2.5%	N/A
Fund Family	iShares	iShares
Category	Emerging Markets	India Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

IEMG +15.3%

INDA +22.8%

Performance Comparison

Period	IEMG	INDA	Difference
1 Month	+2.68%	+0.11%	+2.57%
3 Months	+4.57%	-7.63%	+12.20%
6 Months	+12.30%	-6.88%	+19.18%
YTD	+7.54%	-9.59%	+17.13%
1 Year	+47.97%	-2.37%	+50.34%
3 Years	+50.82%	+23.10%	+27.72%
5 Years	+15.31%	+22.82%	-7.51%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	IEMG Fees	INDA Fees	You Save
$10,000	10 years	$179	$1,189	$1,010
$10,000	20 years	$771	$4,992	$4,221
$10,000	30 years	$2,486	$15,725	$13,240
$50,000	10 years	$896	$5,944	$5,048
$50,000	30 years	$12,428	$78,625	$66,198
$100,000	30 years	$24,855	$157,251	$132,396

Risk Metrics

Based on 5 years of daily returns

Metric	IEMG	INDA
Annualized Volatility	18.3%	15.8%
Max Drawdown	-38.5%	-25.1%
Sharpe Ratio	0.00	0.06

Dividend Comparison

Metric	IEMG	INDA
Annual Dividend (per share)	$1.85	$0.00
Dividend Yield	2.49%	0.00%
Distribution Frequency	Semi-Annual or Annual	None

Top Holdings

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

IEMG Top Holdings

Name	Weight
Taiwan Semiconductor Manufacturing Company Limited!tpe/2330	11.69%
Samsung Electronics Co., Ltd.!krx/005930	5.24%
Tencent Holdings Limited!hkg/0700	3.20%
SK hynix Inc.!krx/000660	2.96%
Alibaba Group Holding Limited!hkg/9988	2.14%
China Construction Bank Corporation!hkg/0939	0.81%
Delta Electronics, Inc.!tpe/2308	0.79%
HDFC Bank Limited!nse/HDFCBANK	0.77%
Reliance Industries Limited!nse/RELIANCE	0.68%
Hon Hai Precision Industry Co., Ltd.!tpe/2317	0.61%

INDA Top Holdings

Name	Weight
BLK CSH FND TREASURY SL AGENCYXTSLA	8.45%
HDFC Bank Limited!nse/HDFCBANK	7.38%
Reliance Industries Limited!nse/RELIANCE	6.35%
ICICI Bank Limited!nse/ICICIBANK	5.50%
Bharti Airtel Limited!nse/BHARTIARTL	3.70%
Infosys Limited!nse/INFY	3.38%
INR CASHINR	2.91%
Axis Bank Limited!nse/AXISBANK	2.43%
Mahindra & Mahindra Limited!nse/M&M	2.32%
Larsen & Toubro Limited!nse/LT	2.09%

Which One Should You Choose?

Choose IEMG if...

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

Choose IEMG if...

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

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