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IEMG vs. XLE

iShares Core MSCI Emerging Markets ETF

IEMG
$--
vs

Energy Select Sector SPDR Fund

XLE
$--

Correlation

0.43
IEMGiShares Core MSCI Emerging Markets ETF
XLEEnergy Select Sector SPDR Fund

What is IEMG?

The iShares Core MSCI Emerging Markets ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Investable Market Index.

Snapshot
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IEMG iShares Core MSCI Emerging Markets ETF
XLE Energy Select Sector SPDR Fund
Inception date
Oct 18 2012
Dec 16 1998
Expense ratio
0.09%
0.10%
IEMG has a lower expense ratio than XLE by 0.01%. This can indicate that it’s cheaper to invest in IEMG than XLE.
Type
Global Ex. US Equities
US Equities
IEMG targets investing in Global Ex. US Equities, while XLE targets investing in US Equities.
Fund owner
Blackrock (iShares)
State Street (SPDR)
IEMG is managed by Blackrock (iShares), while XLE is managed by State Street (SPDR).
Volume (1m avg. daily)
$497,040,322
$1,678,169,867
Both IEMG and XLE are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$70,028,258,238
$38,180,414,875
IEMG has more assets under management than XLE by $31,847,843,363. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
MSCI Emerging Markets Investable Market Index
S&P Energy Select Sector Index
IEMG is based off of the MSCI Emerging Markets Investable Market Index, while XLE is based off of the S&P Energy Select Sector Index
Inverse/Leveraged
No
No
IEMG and XLE use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
IEMG and XLE both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
IEMG and XLE may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither IEMG nor XLE require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

Automated Strategies
Related toIEMG

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Automated Strategies
Related toXLE

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.