EMGF Alternatives & Similar ETFs

iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) 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 EMGF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EMGF

EMGF charges 0.45% annually. There are 25 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	216.60M	Sep 2025	EMGF vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	159.90B	Mar 2005	EMGF vs VWO
SCHE	Schwab Emerging Markets Equity ETF	0.11%	12.74B	Jan 2010	EMGF vs SCHE
SPEM	SPDR Portfolio Emerging Markets ETF	0.11%	17.83B	Mar 2007	EMGF vs SPEM
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	0.15%	58.19M	Dec 2018	EMGF vs EMCR

Best Risk-Adjusted Alternatives to EMGF

EMGF has a PortfoliosLab risk / return rank of 81. There are 18 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
GEME	Pacific North of South Global Emerging Markets Equ...	93	72.25M	Jan 2025	EMGF vs GEME
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	93	103.78M	Jun 2011	EMGF vs DBEM
EVLU	iShares MSCI Emerging Markets Value Factor ETF	92	—	Sep 2024	EMGF vs EVLU
EMXC	iShares MSCI Emerging Markets ex China ETF	91	24.61B	Jul 2017	EMGF vs EMXC
ROAM	Hartford Multifactor Emerging Markets ETF	91	119.41M	Feb 2015	EMGF vs ROAM

Top Performing EMGF Alternatives (YTD)

EMGF is at 30.01% YTD. There are 15 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 41.72%.

Symbol	Name	YTD Return	AUM	Inception
EMXC	iShares MSCI Emerging Markets ex China ETF	41.72%	24.61B	Jul 2017	EMGF vs EMXC
EEMO	Invesco S&P Emerging Markets Momentum ETF	40.25%	15.51M	Feb 2012	EMGF vs EEMO
PIE	Invesco DWA Emerging Markets Momentum ETF	39.11%	237.62M	Dec 2007	EMGF vs PIE
GEME	Pacific North of South Global Emerging Markets Equ...	38.52%	72.25M	Jan 2025	EMGF vs GEME
XCEM	Columbia EM Core ex-China ETF	38.32%	1.98B	Sep 2015	EMGF vs XCEM

Lowest Volatility Alternatives to EMGF

EMGF has 19.99% 1-year volatility. There are 44 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 7.54%.

Symbol	Name	Volatility 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	7.54%	—	Jun 2025	EMGF vs TJUN
TDEC	FT Vest Emerging Markets Buffer ETF - December	10.09%	10.25M	Dec 2024	EMGF vs TDEC
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.21%	7.35M	Jan 2016	EMGF vs EMDV
EDIV	SPDR S&P Emerging Markets Dividend ETF	12.19%	1.25B	Feb 2011	EMGF vs EDIV
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	12.96%	390.16M	Jan 2015	EMGF vs JPEM

Lowest Drawdown Alternatives to EMGF

EMGF has a 1-year max drawdown of -13.54%. There are 43 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.49%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DVYE	iShares Emerging Markets Dividend ETF	-6.49%	1.28B	Feb 2012	EMGF vs DVYE
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.24%	7.35M	Jan 2016	EMGF vs EMDV
DEM	WisdomTree Emerging Markets Equity Income Fund	-7.89%	3.78B	Jul 2007	EMGF vs DEM
EWX	SPDR S&P Emerging Markets Small Cap ETF	-7.98%	742.62M	May 2008	EMGF vs EWX
TDEC	FT Vest Emerging Markets Buffer ETF - December	-8.16%	10.25M	Dec 2024	EMGF vs TDEC

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.51%	91.90B	May 2020	EMGF vs SGOV
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	2	-25.48%	58.12B	Jan 2024	EMGF vs IBIT
IVV	iShares Core S&P 500 ETF	S&P 500	70	10.85%	854.92B	May 2000	EMGF vs IVV
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	16	-0.27%	42.90B	Jul 2002	EMGF vs TLT
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	97	104.57%	38.37B	Jul 2001	EMGF vs SOXX
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	71	8.76%	40.46B	Jun 2014	EMGF vs DGRO
SLV	iShares Silver Trust	Silver, Precious Metals	47	2.78%	36.82B	Apr 2006	EMGF vs SLV
IAU	iShares Gold Trust	Gold, Precious Metals	32	2.98%	69.92B	Jan 2005	EMGF vs IAU
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	62	17.07%	80.93B	May 2000	EMGF vs IWM
ACWI	iShares MSCI ACWI ETF	Global Equities	66	12.13%	32.93B	Mar 2008	EMGF vs ACWI

Often Compared With EMGF

Investors most often compare EMGF with AVES, EEM, FDEM. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities	61	16.79%	1.40B	Sep 2021	EMGF vs AVES
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	81	27.80%	30.33B	Apr 2003	EMGF vs EEM
FDEM	Fidelity Emerging Markets Multifactor ETF	Emerging Markets Equities	76	22.58%	508.08M	Feb 2019	EMGF vs FDEM
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	EMGF vs SPY
VXUS	Vanguard Total International Stock ETF	Global Equities	60	14.25%	629.30B	Jan 2011	EMGF vs VXUS
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	Emerging Markets Equities	78	24.39%	52.51M	Jun 2014	EMGF vs QEMM
UEVM	VictoryShares Emerging Markets Value Momentum ETF	Momentum, Emerging Markets Diversified	49	8.99%	252.78M	Oct 2017	EMGF vs UEVM
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	EMGF vs VOO
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	Emerging Markets Equities	68	13.80%	—	Apr 2009	EMGF vs CWO.NEO
FNDE	Schwab Fundamental Emerging Markets Large Company ...	Emerging Markets Equities	72	15.56%	9.61B	Aug 2013	EMGF vs FNDE
IEMG	iShares Core MSCI Emerging Markets ETF	Emerging Markets Diversified	79	26.21%	162.03B	Oct 2012	EMGF vs IEMG
EMMF	WisdomTree Emerging Markets Multifactor Fund	Asia Pacific Equities	87	28.01%	171.15M	Aug 2018	EMGF vs EMMF
GWX	SPDR S&P International Small Cap ETF	Foreign Small & Mid Cap Equities	56	11.79%	911.23M	Apr 2007	EMGF vs GWX
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	Emerging Markets Equities	60	13.54%	4.23B	Nov 2011	EMGF vs VEE.TO
QAT	iShares MSCI Qatar ETF	Emerging Markets Equities	10	-0.42%	83.74M	Apr 2014	EMGF vs QAT
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	93	44.61%	2.93B	May 2019	EMGF vs FRDM
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	Emerging Markets Equities	77	13.10%	214.70M	May 2019	EMGF vs ECOW
AVEM	Avantis Emerging Markets Equity ETF	Foreign Large Cap Equities	82	27.59%	24.32B	Sep 2019	EMGF vs AVEM
EMIF	iShares Emerging Markets Infrastructure ETF	Emerging Markets Equities	37	1.74%	13.58M	Jun 2009	EMGF vs EMIF
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	Emerging Markets Equities	65	10.35%	46.73M	Mar 2015	EMGF vs SDEM

Compare EMGF with Any Fund or Stock

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

Symbol name

Diversifiers

Pair EMGF with funds that move differently

iShares Edge MSCI Multifactor Emerging Markets ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMGF.

Explore EMGF Diversifiers

iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) Alternatives