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 31 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio Emerging Markets ETF | 0.07% | 17.31B | Mar 2007 | EMGF vs SPEM | |
| Vanguard Emerging Markets Ex-China ETF | 0.07% | 235.70M | Sep 2025 | EMGF vs VEXC | |
| Vanguard FTSE Emerging Markets ETF | 0.08% | 162.80B | Mar 2005 | EMGF vs VWO | |
| Schwab Emerging Markets Equity ETF | 0.11% | 12.63B | Jan 2010 | EMGF vs SCHE | |
| BNY Mellon Emerging Markets Equity ETF | 0.11% | 86.15M | Apr 2020 | EMGF vs BKEM |
Best Risk-Adjusted Alternatives to EMGF
EMGF has a PortfoliosLab risk / return rank of 61. There are 32 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pacific North of South Global Emerging Markets Equ... | 89 | 366.05M | Jan 2025 | EMGF vs GEME | |
| iShares MSCI Emerging Markets Value Factor ETF | 88 | — | Sep 2024 | EMGF vs EVLU | |
| Invesco DWA Emerging Markets Momentum ETF | 87 | 262.88M | Dec 2007 | EMGF vs PIE | |
| Xtrackers MSCI Emerging Markets Hedged Equity ETF | 83 | 102.15M | Jun 2011 | EMGF vs DBEM | |
| iShares MSCI Emerging Markets ex China ETF | 82 | 24.99B | Jul 2017 | EMGF vs EMXC |
Top Performing EMGF Alternatives (YTD)
EMGF is at 21.87% YTD. There are 16 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 36.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco DWA Emerging Markets Momentum ETF | 36.00% | 262.88M | Dec 2007 | EMGF vs PIE | |
| iShares MSCI Emerging Markets ex China ETF | 32.80% | 24.99B | Jul 2017 | EMGF vs EMXC | |
| Columbia EM Core ex-China ETF | 29.80% | 1.97B | Sep 2015 | EMGF vs XCEM | |
| Pacific North of South Global Emerging Markets Equ... | 29.59% | 366.05M | Jan 2025 | EMGF vs GEME | |
| iShares MSCI Emerging Markets Value Factor ETF | 27.36% | — | Sep 2024 | EMGF vs EVLU |
Lowest Volatility Alternatives to EMGF
EMGF has 23.42% 1-year volatility. There are 57 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - June | 9.65% | — | Jun 2025 | EMGF vs TJUN | |
| FT Vest Emerging Markets Buffer ETF - December | 10.79% | 10.25M | Dec 2024 | EMGF vs TDEC | |
| ProShares MSCI Emerging Markets Dividend Growers E... | 11.47% | 7.11M | Jan 2016 | EMGF vs EMDV | |
| First Trust Emerging Markets Equity Select ETF | 12.51% | 16.78M | Jun 2017 | EMGF vs RNEM | |
| SPDR S&P Emerging Markets Dividend ETF | 12.81% | 1.22B | Feb 2011 | EMGF vs EDIV |
Lowest Drawdown Alternatives to EMGF
EMGF has a 1-year max drawdown of -13.54%. There are 48 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - June | -6.72% | — | Jun 2025 | EMGF vs TJUN | |
| ProShares MSCI Emerging Markets Dividend Growers E... | -7.24% | 7.11M | Jan 2016 | EMGF vs EMDV | |
| WisdomTree Emerging Markets Equity Income Fund | -7.89% | 3.91B | Jul 2007 | EMGF vs DEM | |
| SPDR S&P Emerging Markets Small Cap ETF | -7.98% | 707.60M | May 2008 | EMGF vs EWX | |
| 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, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | EMGF vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -26.32% | 46.82B | Jan 2024 | EMGF vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 94 | 88.79% | 47.60B | Jul 2001 | EMGF vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.84% | 894.38B | May 2000 | EMGF vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | -1.35% | 42.18B | Jul 2002 | EMGF vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 83 | 11.23% | 42.05B | Jun 2014 | EMGF vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 29 | -17.46% | 28.37B | Apr 2006 | EMGF vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 24 | -6.04% | 60.94B | Jan 2005 | EMGF vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 68 | 20.14% | 83.34B | May 2000 | EMGF vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 65 | 11.64% | 33.36B | Mar 2008 | EMGF vs ACWI |
Often Compared With EMGF
Investors most often compare EMGF with EEM, AVES, FDEM. These 20 comparison targets span 6 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