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 6 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	0.25%	216.54M	Aug 2020	CWO.NEO vs HXEM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	0.25%	4.23B	Nov 2011	CWO.NEO vs VEE.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	0.27%	3.56B	Oct 2009	CWO.NEO vs ZEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	0.28%	4.78B	Apr 2013	CWO.NEO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	0.32%	6.42B	Mar 2019	CWO.NEO vs XSEM.TO

Best Risk-Adjusted Alternatives to CWO.NEO

CWO.NEO has a PortfoliosLab risk / return rank of 61. There are 6 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 79.

Symbol	Name	Risk / Return Rank	AUM	Inception
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	79	216.54M	Aug 2020	CWO.NEO vs HXEM.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	78	474.06M	Jun 2009	CWO.NEO vs XEM.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	77	3.56B	Oct 2009	CWO.NEO vs ZEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	77	4.78B	Apr 2013	CWO.NEO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	69	6.42B	Mar 2019	CWO.NEO vs XSEM.TO

Top Performing CWO.NEO Alternatives (YTD)

CWO.NEO is at 12.28% YTD. There are 7 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 28.22%.

Symbol	Name	YTD Return	AUM	Inception
ZEM.TO	BMO MSCI Emerging Markets Index ETF	28.22%	3.56B	Oct 2009	CWO.NEO vs ZEM.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	27.45%	474.06M	Jun 2009	CWO.NEO vs XEM.TO
HXEM.TO	Global X Emerging Markets Equity Index Corporate C...	27.39%	216.54M	Aug 2020	CWO.NEO vs HXEM.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	26.33%	4.78B	Apr 2013	CWO.NEO vs XEC.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	24.53%	6.42B	Mar 2019	CWO.NEO vs XSEM.TO

Lowest Volatility Alternatives to CWO.NEO

CWO.NEO has 16.52% 1-year volatility. There are 2 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 14.44%.

Symbol	Name	Volatility 1Y	AUM	Inception
XMM.TO	iShares MSCI Min Vol Emerging Markets Index ETF	14.44%	124.64M	Jul 2012	CWO.NEO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	16.32%	4.23B	Nov 2011	CWO.NEO vs VEE.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	21.01%	4.78B	Apr 2013	CWO.NEO vs XEC.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	22.00%	474.06M	Jun 2009	CWO.NEO vs XEM.TO
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	22.19%	6.42B	Mar 2019	CWO.NEO vs XSEM.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%	124.64M	Jul 2012	CWO.NEO vs XMM.TO
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	-10.74%	4.23B	Nov 2011	CWO.NEO vs VEE.TO
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	-11.25%	4.78B	Apr 2013	CWO.NEO vs XEC.TO
ZEM.TO	BMO MSCI Emerging Markets Index ETF	-11.64%	3.56B	Oct 2009	CWO.NEO vs ZEM.TO
XEM.TO	iShares MSCI Emerging Markets Index ETF	-12.27%	474.06M	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 $30B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
XEQT.TO	iShares Core Equity ETF Portfolio	Global Equities	80	12.92%	19.56B	Aug 2019	CWO.NEO vs XEQT.TO
XDIV.TO	iShares Core MSCI Canadian Quality Dividend Index ...	Dividend, Large Cap Value Equities	98	21.65%	5.54B	Jun 2017	CWO.NEO vs XDIV.TO
XEI.TO	iShares S&P/TSX Composite High Dividend Index ETF	Canada Equities	97	23.82%	4.13B	Apr 2011	CWO.NEO vs XEI.TO
XIC.TO	iShares Core S&P/TSX Capped Composite Index ETF	Canada Equities	81	11.29%	30.44B	Feb 2001	CWO.NEO vs XIC.TO
XIU.TO	iShares S&P/TSX 60 Index ETF	Canada Equities	86	11.72%	22.98B	Sep 1999	CWO.NEO vs XIU.TO
XQQ.TO	iShares NASDAQ 100 Index ETF (CAD-Hedged)	Nasdaq-100	44	14.79%	5.60B	May 2011	CWO.NEO vs XQQ.TO
XEF.TO	iShares Core MSCI EAFE IMI Index ETF	Foreign Large Cap Equities	54	12.09%	22.44B	Apr 2013	CWO.NEO vs XEF.TO
XGRO.TO	iShares Core Growth ETF Portfolio	Diversified Portfolio	69	10.64%	4.97B	Jun 2007	CWO.NEO vs XGRO.TO
XUS.TO	iShares Core S&P 500 Index ETF	S&P 500	71	11.90%	12.94B	Apr 2013	CWO.NEO vs XUS.TO
XAW.TO	iShares Core MSCI All Country World ex Canada Inde...	Global Equities	76	14.02%	4.47B	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 12 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	68	25.77%	1.99B	Dec 2015	CWO.NEO vs EMGF
XEMC.TO	iShares MSCI Emerging Markets ex China Index ETF	Emerging Markets Equities	90	42.85%	—	Feb 2023	CWO.NEO vs XEMC.TO
BRF	VanEck Vectors Brazil Small-Cap ETF	Latin America Equities	17	1.35%	21.88M	May 2009	CWO.NEO vs BRF
VGRO.TO	Vanguard Growth ETF Portfolio	Diversified Portfolio	80	10.76%	10.14B	Jan 2018	CWO.NEO vs VGRO.TO
FLN	First Trust Latin America AlphaDEX Fund	Latin America Equities	49	10.73%	34.95M	Apr 2011	CWO.NEO vs FLN
VCN.TO	Vanguard FTSE Canada All Cap Index ETF	Canada Equities	81	10.99%	15.96B	Aug 2013	CWO.NEO vs VCN.TO
EMOP	AB Emerging Markets Opportunities ETF	Emerging Markets Equities	76	27.21%	2.16B	Jun 2025	CWO.NEO vs EMOP
XCH.TO	iShares China Index ETF	China Equities	7	-10.54%	179.08M	Jan 2010	CWO.NEO vs XCH.TO
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	CWO.NEO vs VOO
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	90	39.87%	2.93B	May 2019	CWO.NEO vs FRDM
EWZ	iShares MSCI Brazil ETF	Latin America Equities	32	8.51%	8.99B	Jul 2000	CWO.NEO vs EWZ
EMEQ	Nomura Focused Emerging Markets Equity ETF	Emerging Markets Diversified	94	77.86%	658.42M	Sep 2024	CWO.NEO vs EMEQ
FTHF	First Trust Emerging Markets Human Flourishing ETF	Emerging Markets Diversified	87	48.98%	130.92M	Oct 2023	CWO.NEO vs FTHF
SLV	iShares Silver Trust	Silver, Precious Metals	31	-13.49%	32.53B	Apr 2006	CWO.NEO vs SLV
ACWI	iShares MSCI ACWI ETF	Global Equities	58	9.86%	32.95B	Mar 2008	CWO.NEO vs ACWI
IAU	iShares Gold Trust	Gold, Precious Metals	22	-4.73%	64.29B	Jan 2005	CWO.NEO vs IAU
SPEM	SPDR Portfolio Emerging Markets ETF	Emerging Markets Equities	51	11.15%	17.88B	Mar 2007	CWO.NEO vs SPEM
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	Emerging Markets Equities, Dividend	15	-1.87%	7.21M	Jan 2016	CWO.NEO vs EMDV
EMIF	iShares Emerging Markets Infrastructure ETF	Emerging Markets Equities	34	1.13%	13.34M	Jun 2009	CWO.NEO vs EMIF
EMXC	iShares MSCI Emerging Markets ex China ETF	Emerging Markets Equities	85	37.89%	26.40B	Jul 2017	CWO.NEO vs EMXC

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