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 49 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Ex-China ETF | 0.07% | 258.70M | Sep 2025 | EMGF vs VEXC | |
| SPDR Portfolio Emerging Markets ETF | 0.07% | 16.81B | Mar 2007 | EMGF vs SPEM | |
| Vanguard FTSE Emerging Markets ETF | 0.08% | 163.30B | Mar 2005 | EMGF vs VWO | |
| iShares Core MSCI Emerging Markets ETF | 0.09% | 152.22B | Oct 2012 | EMGF vs IEMG | |
| BNY Mellon Emerging Markets Equity ETF | 0.11% | 89.24M | Apr 2020 | EMGF vs BKEM |
Best Risk-Adjusted Alternatives to EMGF
EMGF has a PortfoliosLab risk / return rank of 60. There are 62 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 92 | 658.42M | Sep 2024 | EMGF vs EMEQ | |
| iShares MSCI Emerging Markets Value Factor ETF | 90 | — | Sep 2024 | EMGF vs EVLU | |
| Pacific North of South Global Emerging Markets Equ... | 90 | 366.05M | Jan 2025 | EMGF vs GEME | |
| First Trust Bloomberg Emerging Market Democracies ... | 89 | 38.85M | Mar 2023 | EMGF vs EMDM | |
| First Trust Emerging Markets Human Flourishing ETF | 86 | 123.28M | Oct 2023 | EMGF vs FTHF |
Top Performing EMGF Alternatives (YTD)
EMGF is at 19.41% YTD. There are 46 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 55.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 55.77% | 658.42M | Sep 2024 | EMGF vs EMEQ | |
| First Trust Emerging Markets Human Flourishing ETF | 35.77% | 123.28M | Oct 2023 | EMGF vs FTHF | |
| Matthews Emerging Markets Sustainable Future Activ... | 32.23% | 43.26M | Sep 2023 | EMGF vs EMSF | |
| Strive Emerging Markets Ex-China ETF | 31.89% | 139.63M | Jan 2023 | EMGF vs STXE | |
| Pacific North of South Global Emerging Markets Equ... | 30.26% | 366.05M | Jan 2025 | EMGF vs GEME |
Lowest Volatility Alternatives to EMGF
EMGF has 24.23% 1-year volatility. There are 80 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 8.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Emerging Markets Power Buffer ETF Januar... | 8.65% | 144.99M | Jan 2020 | EMGF vs EJAN | |
| FT Vest Emerging Markets Buffer ETF - June | 10.70% | — | Jun 2025 | EMGF vs TJUN | |
| FT Vest Emerging Markets Buffer ETF - December | 11.07% | 10.25M | Dec 2024 | EMGF vs TDEC | |
| ProShares MSCI Emerging Markets Dividend Growers E... | 11.68% | 7.35M | Jan 2016 | EMGF vs EMDV | |
| First Trust Emerging Markets Equity Select ETF | 12.51% | 17.22M | Jun 2017 | EMGF vs RNEM |
Lowest Drawdown Alternatives to EMGF
EMGF has a 1-year max drawdown of -14.63%. There are 71 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Emerging Markets Power Buffer ETF Januar... | -6.63% | 144.99M | Jan 2020 | EMGF vs EJAN | |
| ProShares MSCI Emerging Markets Dividend Growers E... | -7.24% | 7.35M | Jan 2016 | EMGF vs EMDV | |
| WisdomTree Emerging Markets Equity Income Fund | -7.89% | 3.87B | Jul 2007 | EMGF vs DEM | |
| FT Vest Emerging Markets Buffer ETF - December | -8.16% | 10.25M | Dec 2024 | EMGF vs TDEC | |
| Pacer Emerging Markets Cash Cows 100 ETF | -8.35% | 217.49M | May 2019 | EMGF vs ECOW |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.13% | 99.95B | May 2020 | EMGF vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.17% | 46.52B | Jan 2024 | EMGF vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 68.76% | 44.69B | Jul 2001 | EMGF vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 78 | 11.75% | 869.20B | May 2000 | EMGF vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 92 | 13.79% | 42.77B | Jun 2014 | EMGF vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 7 | -3.18% | 41.54B | Jul 2002 | EMGF vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 35 | -18.57% | 28.08B | Apr 2006 | EMGF vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 28 | -6.14% | 59.74B | Jan 2005 | EMGF vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 85 | 20.84% | 80.11B | May 2000 | EMGF vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 77 | 12.35% | 32.49B | Mar 2008 | EMGF vs ACWI |
Often Compared With EMGF
Investors most often compare EMGF with EEM, AVES, FDEM. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare EMGF with Any Fund or Stock
Compare EMGF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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