EMDM vs EZA
First Trust Bloomberg Emerging Market Democracies ETF against iShares MSCI South Africa ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
15%
9 shared positions
Fee gap
16 bp
EZA is cheaper
1-year return gap
37.4 pts
EMDM is ahead
Larger fund
EZA
$463M
Side by side
| EMDM | EZA | |
|---|---|---|
| Fund | First Trust Bloomberg Emerging Market Democracies ETF | iShares MSCI South Africa ETF |
| Issuer | First Trust | iShares |
| Category | Emerging Markets | Single Country |
| Expense ratio | 0.75% | 0.59% |
| Assets | $42M | $463M |
| Average daily dollar volume | $406K | $11M |
| Listed | Mar 2, 2023 | Feb 3, 2003 |
| FrenzyCap score | 28 | 51 |
| 1-month return | −7.4% | −5.5% |
| 3-month return | +0.6% | +8.1% |
| Year to date | +29.5% | −5.1% |
| 1-year return | +36.0% | −1.3% |
| 30-day volatility | 22.8% | 25.2% |
| Worst drawdown, 1 year | −15.7% | −25.9% |
| Trailing 12-month yield | 2.86% | 7.72% |
| Holdings | 106 | 33 |
| Top 10 weight | 39.9% | 62.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$11M thru Jun 2026 | −$245M thru May 2026 |
| 30-day implied volatility | — | 31.8% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
15% of EMDM · 59% of EZA| Holding | EMDM | EZA |
|---|---|---|
| AngloGold Ashanti Plc | 2.95% | 12.35% |
| GFI | 2.11% | 8.65% |
| Naspers Limited (Class N) | 2.02% | 8.39% |
| FirstRand Limited | 1.83% | 7.18% |
| Capitec Limited | 1.58% | 4.55% |
| Standard Bank Group Limited | 1.58% | 6.40% |
| MTN Group Limited | 1.30% | 4.83% |
| Valterra Platinum Limited | 1.26% | 4.04% |
| Impala Platinum Holdings Limited | 0.65% | 3.07% |
Sector mix of the stock holdings
| Sector | EMDM | EZA | Gap |
|---|---|---|---|
| Materials | 1.3% | 8.7% | −7.4% |
| Financials | 1.5% | 0.0% | +1.5% |
More: full overlap table · EMDM holdings · EZA holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.