UCITS Equivalent of IEMG

The closest UCITS equivalent of IEMG, iShares Core MSCI Emerging Markets ETF, is IS3N (iShares Core MSCI EM IMI UCITS ETF USD (Acc), ISIN IE00BKM4GZ66). It tracks the same MSCI Emerging Markets IMI, costs 0.18% a year against 0.09% for IEMG, has 2,944 holdings and is domiciled in Ireland. Data as of November 8, 2026.

In the EU, IEMG is IS3N

US · not sold in the EUIEMGiShares Core MSCI Emerging Markets ETF

Index
MSCI Emerging Markets IMI
Fee
0.09%
Companies
2,844
Dividends
Paid out
Based in
United States
Trades in
USD

UCITS · EUIS3NiShares Core MSCI EM IMI UCITS ETF USD (Acc)

Index
MSCI Emerging Markets IMI
Fee
0.18% (differs from the US fund)
Companies
2,944 (differs from the US fund)
Dividends
Reinvested (differs from the US fund)
Based in
Ireland (differs from the US fund)
Trades in
EUR · Xetra (differs from the US fund)
Top 10 shared
10 of 10
Ticker: IS3NISIN: IE00BKM4GZ66
  • XMME0.18%Xtrackers MSCI Emerging Markets UCITS ETF 1C
  • EUNM0.18%iShares MSCI EM UCITS ETF USD (Acc)
  • SPYM0.18%State Street SPDR MSCI Emerging Markets UCITS ETF

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Other US ETFs in the EU

All 44 US ETFs and their UCITS twins

IEMG, IS3N and EIMU side by side

IEMGiShares Core MSCI Emerging Markets ETF

Index
MSCI Emerging Markets IMI
Fee a year
0.09%
Holdings
2,844 (Nov 10, 2026)
Dividends
Paid out twice a year
Domicile
United States
Replication
Not in our data
Fund size
Not in our data
Listings
NYSE Arca: IEMG in USD
ISIN
US46434G1031

IS3NiShares Core MSCI EM IMI UCITS ETF USD (Acc)

Index
MSCI Emerging Markets IMI
Fee a year
0.18%
Holdings
2,944 (Nov 10, 2026)
Dividends
Reinvested
Domicile
Ireland
Replication
Physical, every holding
Fund size
€38.4B (Nov 10, 2026)
Listings
Xetra: IS3N in EUR; London: EIMI in USD and EMIM in GBP
ISIN
IE00BKM4GZ66

EIMUiShares Core MSCI EM IMI UCITS ETF USD (Dist)

Index
MSCI Emerging Markets IMI
Fee a year
0.18%
Holdings
2,944 (Nov 10, 2026)
Dividends
Paid out
Domicile
Ireland
Replication
Physical, every holding
Fund size
€38.4B (Nov 10, 2026)
Listings
Xetra: EIMU in EUR; London: EIMU in USD and EMGU in GBP
ISIN
IE00BD45KH83

Is IS3N the same as IEMG?

Yes for what you own: IS3N tracks the same MSCI Emerging Markets IMI as IEMG. Top 10 holdings in common: 10 of 10 (100% of IEMG's top-10 weight). The MSCI Emerging Markets IMI holds the large, mid and small caps of emerging markets. IS3N holds 2,944 of its companies, IEMG 2,844; what differs is the wrapper and the fee: 0.18% a year against 0.09%.

Compare any two funds in the ETF overlap calculator, or see what your whole portfolio costs a year.

Is IS3N accumulating or distributing?

IS3N is accumulating: it reinvests the dividends inside the fund. If you want them paid out, EIMU (iShares Core MSCI EM IMI UCITS ETF USD (Dist), ISIN IE00BD45KH83) is the distributing option, at 0.18% a year.

Where is IS3N domiciled?

IS3N is domiciled in Ireland, under the EU's UCITS rules for funds. Most UCITS ETFs are domiciled in Ireland or Luxembourg. What Irish domicile means for US dividends.

Why can't I buy IEMG in the EU?

IEMG is a US fund that publishes no KID, the key information document EU rules require for every fund sold to retail investors, so EU brokers cannot offer it to you. The full answer.

How do I buy IS3N?

Search IS3N or its ISIN IE00BKM4GZ66 at your broker. It trades on Xetra in euros as IS3N. In London it trades as EIMI in USD and EMIM in GBP.

Where the data comes from

Source: iShares (BlackRock) documents, as of November 8, 2026: IEMG, IS3N, EIMU.

The top-10 overlap compares the ten largest holdings of IEMG and of IS3N, as our portfolio analysis reads them: how many names they share, and how much of IEMG's top-10 weight those names make up.

How we choose the twin: the closest index first, then the lowest fee among the funds of the issuers we checked: iShares, Xtrackers, SPDR, Vanguard, Invesco and J.P. Morgan, plus the issuers of the other funds on this page.

Data as of November 8, 2026.

Frequently asked questions

Is IS3N cheaper than IEMG?

No: IS3N costs 0.18% a year against 0.09% for IEMG. On €10,000, IS3N costs €18 a year, €9 more than IEMG.

How many companies does IS3N hold?

2,944 (Nov 10, 2026), against 2,844 in IEMG (Nov 10, 2026).

How big is IS3N?

€38.4B across its share classes (Nov 10, 2026).

What are the alternatives to IS3N?

On the same or a nearby index: XMME (Xtrackers MSCI Emerging Markets UCITS ETF 1C) at 0.18%, EUNM (iShares MSCI EM UCITS ETF USD (Acc)) at 0.18%, and SPYM (State Street SPDR MSCI Emerging Markets UCITS ETF) at 0.18%.

Not investment advice

This page compares published fund facts: indexes, fees, holdings and listings. It does not tell you what to buy or sell. Read the fund's KID and check with your broker before you invest; taxes depend on where you live.