CWO.NEO Alternatives & Similar ETFs

iShares Emerging Markets Fundamental Index ETF (CWO.NEO) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CWO.NEO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CWO.NEO

CWO.NEO charges 0.73% annually. There are 7 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	0.25%	4.45B	Nov 2011	CWO.NEO vs VEE.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	0.25%	207.76M	Aug 2020	CWO.NEO vs HXEM.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	0.27%	3.45B	Oct 2009	CWO.NEO vs ZEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	0.28%	4.56B	Apr 2013	CWO.NEO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	0.32%	6.13B	Mar 2019	CWO.NEO vs XSEM.TO

Best Risk-Adjusted Alternatives to CWO.NEO

CWO.NEO has a PortfoliosLab risk / return rank of 57. There are 4 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 74.

Symbol	Name	Risk / Return Rank	AUM	Inception
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	74	101.09M	May 2016	CWO.NEO vs ZLE.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	58	3.45B	Oct 2009	CWO.NEO vs ZEM.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	58	474.45M	Jun 2009	CWO.NEO vs XEM.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	57	207.76M	Aug 2020	CWO.NEO vs HXEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	55	4.56B	Apr 2013	CWO.NEO vs XEC.TO

Top Performing CWO.NEO Alternatives (YTD)

CWO.NEO is at 10.87% YTD. There are 8 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 22.36%.

Symbol	Name	YTD Return	AUM	Inception
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	22.36%	101.09M	May 2016	CWO.NEO vs ZLE.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	18.84%	3.45B	Oct 2009	CWO.NEO vs ZEM.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	18.61%	474.45M	Jun 2009	CWO.NEO vs XEM.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	18.35%	207.76M	Aug 2020	CWO.NEO vs HXEM.TO
DRFE.TO	Desjardins RI Emerging Markets Multifactor - Net-Z...	17.85%	—	Mar 2019	CWO.NEO vs DRFE.TO

Lowest Volatility Alternatives to CWO.NEO

CWO.NEO has 16.61% 1-year volatility. There is 1 ETF in the Emerging Markets Equities category with lower 1-year volatility, going as low as 15.14%.

Symbol	Name	Volatility 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	15.14%	119.82M	Jul 2012	CWO.NEO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	16.93%	4.45B	Nov 2011	CWO.NEO vs VEE.TO
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	18.21%	101.09M	May 2016	CWO.NEO vs ZLE.TO
DRFE.TO	Desjardins RI Emerging Markets Multifactor - Net-Z...	21.09%	—	Mar 2019	CWO.NEO vs DRFE.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	22.13%	4.56B	Apr 2013	CWO.NEO vs XEC.TO

Lowest Drawdown Alternatives to CWO.NEO

CWO.NEO has a 1-year max drawdown of -10.90%. There are 2 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -8.76%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	-8.76%	119.82M	Jul 2012	CWO.NEO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	-10.74%	4.45B	Nov 2011	CWO.NEO vs VEE.TO
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	-11.16%	101.09M	May 2016	CWO.NEO vs ZLE.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	-11.61%	4.56B	Apr 2013	CWO.NEO vs XEC.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	-12.27%	474.45M	Jun 2009	CWO.NEO vs XEM.TO

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include XEQT.TO, XDIV.TO, XEI.TO and span 8 categories. AUM among these funds goes as high as $31B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.57%	20.34B	Aug 2019	CWO.NEO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	27.54%	5.78B	Jun 2017	CWO.NEO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	98	27.84%	4.25B	Apr 2011	CWO.NEO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	87	12.55%	31.16B	Feb 2001	CWO.NEO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	91	13.67%	23.77B	Sep 1999	CWO.NEO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	33	11.83%	5.51B	May 2011	CWO.NEO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	56	11.41%	22.53B	Apr 2013	CWO.NEO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.26%	5.03B	Jun 2007	CWO.NEO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	67	11.78%	13.11B	Apr 2013	CWO.NEO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	71	12.81%	4.49B	Feb 2015	CWO.NEO vs XAW.TO

Often Compared With CWO.NEO

Investors most often compare CWO.NEO with EMGF, XEMC.TO, BRF. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EMGF	iShares Edge MSCI Multifactor Emerging Markets ETF	Emerging Markets Equities	49	17.98%	1.89B	Dec 2015	CWO.NEO vs EMGF
XEMC.TO	iShares MSCI Emerging Markets ex China Index ETF	Emerging Markets Equities	75	29.59%	—	Feb 2023	CWO.NEO vs XEMC.TO
BRF	VanEck Vectors Brazil Small-Cap ETF	Latin America Equities	22	0.96%	22.87M	May 2009	CWO.NEO vs BRF
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	79	10.18%	10.51B	Jan 2018	CWO.NEO vs VGRO.TO
FLN	First Trust Latin America AlphaDEX Fund	Latin America Equities	66	15.16%	37.40M	Apr 2011	CWO.NEO vs FLN
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	86	12.22%	16.37B	Aug 2013	CWO.NEO vs VCN.TO
EMOP	AB Emerging Markets Opportunities ETF	Emerging Markets Equities	63	19.76%	2.10B	Jun 2025	CWO.NEO vs EMOP
VOO	Vanguard S&P 500 ETF	S&P 500	59	9.60%	1.70T	Sep 2010	CWO.NEO vs VOO
XCH.TO	iShares China Index ETF	China Equities, Asia Pacific Equities	7	-8.51%	180.93M	Jan 2010	CWO.NEO vs XCH.TO
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	81	27.47%	2.93B	May 2019	CWO.NEO vs FRDM
EWZ	iShares MSCI Brazil ETF	Latin America Equities	42	11.95%	9.22B	Jul 2000	CWO.NEO vs EWZ
FTHF	First Trust Emerging Markets Human Flourishing ETF	Emerging Markets Diversified	78	33.57%	127.61M	Oct 2023	CWO.NEO vs FTHF
EMEQ	Nomura Focused Emerging Markets Equity ETF	Emerging Markets Diversified	91	55.76%	658.42M	Sep 2024	CWO.NEO vs EMEQ
SLV	iShares Silver Trust	Silver, Precious Metals	26	-21.17%	28.37B	Apr 2006	CWO.NEO vs SLV
ACWI	iShares MSCI ACWI ETF	Global Equities	58	10.26%	33.36B	Mar 2008	CWO.NEO vs ACWI
SPEM	SPDR Portfolio Emerging Markets ETF	Emerging Markets Equities	37	8.30%	17.31B	Mar 2007	CWO.NEO vs SPEM
IAU	iShares Gold Trust	Gold, Precious Metals	23	-6.99%	60.94B	Jan 2005	CWO.NEO vs IAU
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	Emerging Markets Equities, Dividend	11	-1.39%	7.11M	Jan 2016	CWO.NEO vs EMDV
EMIF	iShares Emerging Markets Infrastructure ETF	Emerging Markets Equities	24	-2.04%	13.17M	Jun 2009	CWO.NEO vs EMIF
CAEM.TO	Avantis CIBC Emerging Markets Equity ETF	Emerging Markets Equities	—	—	—	Mar 2026	CWO.NEO vs CAEM.TO

Compare CWO.NEO with Any Fund or Stock

Compare CWO.NEO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair CWO.NEO with funds that move differently

iShares Emerging Markets Fundamental Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CWO.NEO.

Explore CWO.NEO Diversifiers

iShares Emerging Markets Fundamental Index ETF (CWO.NEO) Alternatives