iShares ESG Aware MSCI EM ETF (ESGE) 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 ESGE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ESGE
ESGE charges 0.25% annually. There are 11 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 | ESGE vs SPEM | |
| Vanguard Emerging Markets Ex-China ETF | 0.07% | 235.70M | Sep 2025 | ESGE vs VEXC | |
| Vanguard FTSE Emerging Markets ETF | 0.08% | 162.80B | Mar 2005 | ESGE vs VWO | |
| Schwab Emerging Markets Equity ETF | 0.11% | 12.63B | Jan 2010 | ESGE vs SCHE | |
| BNY Mellon Emerging Markets Equity ETF | 0.11% | 86.15M | Apr 2020 | ESGE vs BKEM |
Best Risk-Adjusted Alternatives to ESGE
ESGE has a PortfoliosLab risk / return rank of 66. There are 31 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pacific North of South Global Emerging Markets Equ... | 90 | 366.05M | Jan 2025 | ESGE vs GEME | |
| Invesco DWA Emerging Markets Momentum ETF | 89 | 262.88M | Dec 2007 | ESGE vs PIE | |
| iShares MSCI Emerging Markets Value Factor ETF | 89 | — | Sep 2024 | ESGE vs EVLU | |
| Xtrackers MSCI Emerging Markets Hedged Equity ETF | 87 | 102.15M | Jun 2011 | ESGE vs DBEM | |
| iShares MSCI Emerging Markets ex China ETF | 85 | 24.99B | Jul 2017 | ESGE vs EMXC |
Top Performing ESGE Alternatives (YTD)
ESGE is at 22.18% YTD. There are 24 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 39.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco DWA Emerging Markets Momentum ETF | 39.82% | 262.88M | Dec 2007 | ESGE vs PIE | |
| iShares MSCI Emerging Markets ex China ETF | 36.07% | 24.99B | Jul 2017 | ESGE vs EMXC | |
| Columbia EM Core ex-China ETF | 32.72% | 1.97B | Sep 2015 | ESGE vs XCEM | |
| Pacific North of South Global Emerging Markets Equ... | 31.73% | 366.05M | Jan 2025 | ESGE vs GEME | |
| Invesco S&P Emerging Markets Momentum ETF | 30.01% | 25.97M | Feb 2012 | ESGE vs EEMO |
Lowest Volatility Alternatives to ESGE
ESGE has 23.26% 1-year volatility. There are 60 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - June | 9.17% | — | Jun 2025 | ESGE vs TJUN | |
| FT Vest Emerging Markets Buffer ETF - December | 10.68% | 10.25M | Dec 2024 | ESGE vs TDEC | |
| ProShares MSCI Emerging Markets Dividend Growers E... | 11.46% | 7.11M | Jan 2016 | ESGE vs EMDV | |
| First Trust Emerging Markets Equity Select ETF | 12.45% | 16.78M | Jun 2017 | ESGE vs RNEM | |
| SPDR S&P Emerging Markets Dividend ETF | 12.76% | 1.22B | Feb 2011 | ESGE vs EDIV |
Lowest Drawdown Alternatives to ESGE
ESGE has a 1-year max drawdown of -13.90%. There are 53 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -5.56%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Emerging Markets Buffer ETF - June | -5.56% | — | Jun 2025 | ESGE vs TJUN | |
| ProShares MSCI Emerging Markets Dividend Growers E... | -7.24% | 7.11M | Jan 2016 | ESGE vs EMDV | |
| WisdomTree Emerging Markets Equity Income Fund | -7.89% | 3.91B | Jul 2007 | ESGE vs DEM | |
| SPDR S&P Emerging Markets Small Cap ETF | -7.98% | 707.60M | May 2008 | ESGE vs EWX | |
| FT Vest Emerging Markets Buffer ETF - December | -8.16% | 10.25M | Dec 2024 | ESGE 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 | 1.90% | 97.69B | May 2020 | ESGE vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -27.03% | 46.82B | Jan 2024 | ESGE vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 94 | 93.25% | 47.60B | Jul 2001 | ESGE vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 11.28% | 894.38B | May 2000 | ESGE vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 12 | -0.89% | 42.18B | Jul 2002 | ESGE vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 83 | 12.01% | 42.05B | Jun 2014 | ESGE vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 32 | -16.25% | 28.37B | Apr 2006 | ESGE vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 26 | -4.82% | 60.94B | Jan 2005 | ESGE vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 67 | 20.74% | 83.34B | May 2000 | ESGE vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 65 | 12.17% | 33.36B | Mar 2008 | ESGE vs ACWI |
Often Compared With ESGE
Investors most often compare ESGE with ESGU, IEMG, EEMX. These 19 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare ESGE with Any Fund or Stock
Compare ESGE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ESGE with funds that move differently
iShares ESG Aware MSCI EM ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ESGE.
Explore ESGE Diversifiers