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 26 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
SPEM	SPDR Portfolio Emerging Markets ETF	0.07%	17.88B	Mar 2007	EMGF vs SPEM
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	235.70M	Sep 2025	EMGF vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	162.80B	Mar 2005	EMGF vs VWO
SCHE	Schwab Emerging Markets Equity ETF	0.11%	12.80B	Jan 2010	EMGF vs SCHE
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	0.15%	58.93M	Dec 2018	EMGF vs EMCR

Best Risk-Adjusted Alternatives to EMGF

EMGF has a PortfoliosLab risk / return rank of 68. There are 19 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
GEME	Pacific North of South Global Emerging Markets Equ...	90	366.05M	Jan 2025	EMGF vs GEME
EVLU	iShares MSCI Emerging Markets Value Factor ETF	88	—	Sep 2024	EMGF vs EVLU
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	87	107.84M	Jun 2011	EMGF vs DBEM
ROAM	Hartford Multifactor Emerging Markets ETF	86	120.77M	Feb 2015	EMGF vs ROAM
PIE	Invesco DWA Emerging Markets Momentum ETF	85	257.92M	Dec 2007	EMGF vs PIE

Top Performing EMGF Alternatives (YTD)

EMGF is at 25.77% YTD. There are 14 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 38.60%.

Symbol	Name	YTD Return	AUM	Inception
PIE	Invesco DWA Emerging Markets Momentum ETF	38.60%	257.92M	Dec 2007	EMGF vs PIE
EMXC	iShares MSCI Emerging Markets ex China ETF	37.89%	26.40B	Jul 2017	EMGF vs EMXC
EEMO	Invesco S&P Emerging Markets Momentum ETF	35.52%	21.60M	Feb 2012	EMGF vs EEMO
XCEM	Columbia EM Core ex-China ETF	34.20%	2.09B	Sep 2015	EMGF vs XCEM
GEME	Pacific North of South Global Emerging Markets Equ...	32.99%	366.05M	Jan 2025	EMGF vs GEME

Lowest Volatility Alternatives to EMGF

EMGF has 22.67% 1-year volatility. There are 52 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 8.33%.

Symbol	Name	Volatility 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	8.33%	—	Jun 2025	EMGF vs TJUN
TDEC	FT Vest Emerging Markets Buffer ETF - December	10.71%	10.25M	Dec 2024	EMGF vs TDEC
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.54%	7.21M	Jan 2016	EMGF vs EMDV
EDIV	SPDR S&P Emerging Markets Dividend ETF	12.67%	1.28B	Feb 2011	EMGF vs EDIV
QAT	iShares MSCI Qatar ETF	13.25%	67.45M	Apr 2014	EMGF vs QAT

Lowest Drawdown Alternatives to EMGF

EMGF has a 1-year max drawdown of -13.54%. There are 45 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -4.47%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	-4.47%	—	Jun 2025	EMGF vs TJUN
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.24%	7.21M	Jan 2016	EMGF vs EMDV
DVYE	iShares Emerging Markets Dividend ETF	-7.30%	1.21B	Feb 2012	EMGF vs DVYE
DEM	WisdomTree Emerging Markets Equity Income Fund	-7.89%	4.03B	Jul 2007	EMGF vs DEM
EWX	SPDR S&P Emerging Markets Small Cap ETF	-7.98%	747.02M	May 2008	EMGF vs EWX

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 $838B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.71%	95.28B	May 2020	EMGF vs SGOV
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	2	-28.88%	48.04B	Jan 2024	EMGF vs IBIT
IVV	iShares Core S&P 500 ETF	S&P 500	59	8.20%	837.93B	May 2000	EMGF vs IVV
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	95	100.58%	46.67B	Jul 2001	EMGF vs SOXX
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	14	0.77%	41.34B	Jul 2002	EMGF vs TLT
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	75	9.19%	41.89B	Jun 2014	EMGF vs DGRO
SLV	iShares Silver Trust	Silver, Precious Metals	31	-13.49%	32.53B	Apr 2006	EMGF vs SLV
IAU	iShares Gold Trust	Gold, Precious Metals	22	-4.73%	64.29B	Jan 2005	EMGF vs IAU
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	67	20.47%	81.35B	May 2000	EMGF vs IWM
ACWI	iShares MSCI ACWI ETF	Global Equities	58	9.86%	32.95B	Mar 2008	EMGF vs ACWI

Often Compared With EMGF

Investors most often compare EMGF with EEM, AVES, FDEM. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	67	23.41%	31.27B	Apr 2003	EMGF vs EEM
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities	47	12.71%	1.40B	Sep 2021	EMGF vs AVES
FDEM	Fidelity Emerging Markets Multifactor ETF	Emerging Markets Equities	59	18.08%	608.46M	Feb 2019	EMGF vs FDEM
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	EMGF vs SPY
VXUS	Vanguard Total International Stock ETF	Global Equities	55	12.51%	652.30B	Jan 2011	EMGF vs VXUS
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	Emerging Markets Equities	66	21.11%	57.27M	Jun 2014	EMGF vs QEMM
UEVM	VictoryShares Emerging Markets Value Momentum ETF	Momentum, Emerging Markets Diversified	39	6.12%	254.79M	Oct 2017	EMGF vs UEVM
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	EMGF vs VOO
FNDE	Schwab Fundamental Emerging Markets Equity ETF	Emerging Markets Equities	59	11.56%	9.50B	Aug 2013	EMGF vs FNDE
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	Emerging Markets Equities	61	12.28%	—	Apr 2009	EMGF vs CWO.NEO
IEMG	iShares Core MSCI Emerging Markets ETF	Emerging Markets Diversified	64	21.95%	165.70B	Oct 2012	EMGF vs IEMG
EMMF	WisdomTree Emerging Markets Multifactor Fund	Asia Pacific Equities	71	21.57%	186.69M	Aug 2018	EMGF vs EMMF
GWX	SPDR S&P International Small Cap ETF	Foreign Small & Mid Cap Equities	45	7.67%	899.36M	Apr 2007	EMGF vs GWX
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	Emerging Markets Equities	61	9.57%	44.25M	Mar 2015	EMGF vs SDEM
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	Emerging Markets Equities	43	4.39%	392.87M	Jan 2015	EMGF vs JPEM
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	Emerging Markets Equities	60	14.29%	4.23B	Nov 2011	EMGF vs VEE.TO
FRDM	Freedom 100 Emerging Markets ETF	Emerging Markets Diversified	90	39.87%	2.93B	May 2019	EMGF vs FRDM
AVSE	Avantis Responsible Emerging Markets Equity ETF	Emerging Markets Diversified	66	23.92%	194.62M	Mar 2022	EMGF vs AVSE
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	Emerging Markets Equities	69	8.95%	210.83M	May 2019	EMGF vs ECOW
EMIF	iShares Emerging Markets Infrastructure ETF	Emerging Markets Equities	34	1.13%	13.34M	Jun 2009	EMGF vs EMIF

Compare EMGF with Any Fund or Stock

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

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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