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Losing groundCooling#56 of 115 by 1M spread

Emerging Market Stocks

Top 10 of 742 EEM holdings, updated

As of 12 October 2026, emerging market stocks are losing ground: still ahead of the S&P 500 over the longer run, but behind over the past month. EEM trails the S&P 500 by 4.5 points over one month and ranks #56 of 115 groups Zensei tracks. 14 of the 17 emerging market stocks Zensei prices in EEM beat the fund this month.

Prices as of Last update : Trailing the market → losing ground
Beat the fund (1M)
14 of 17
Beat the S&P 500 (1M)
11 of 17
Strongest (1M)
XP +64.1%
Weakest (1M)
AU −10.5%

Where emerging market stocks stand now

As of 12 October 2026, Emerging Markets (EEM) ranks #56 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is losing its lead. It built a 3.2-point advantage over the S&P 500 across the longer, time-shifted window, but over the past month it has slipped 4.5 points behind the market — the Cooling quadrant of the rotation map.

On the shorter tape, EEM's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. EEM's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.

The exposure comes via iShares MSCI Emerging Markets ETF, whose 742 tracked holdings are led by Samsung Electronics Co Ltd, SK Hynix Inc and Tencent Holdings Ltd. The thing to watch from here is whether this is a pause or a handoff: cooling groups sometimes reset and reclaim leadership, but a deepening one-month deficit usually means rotation has moved on.

1M spread vs SPY
−4.5 pts
Quadrant
Cooling
Momentum
Weakening
RS health
Broken

As of , these are the largest emerging market stocks in EEM by fund weight, and the strongest over the past month. Size and recent return are measurements, not recommendations.

Top emerging market stocks by fund weight

Ranked by largest share of EEM

  1. 1Samsung Electronics Co Ltd7.5%
  2. 2SK Hynix Inc5.9%
  3. 3Tencent Holdings Ltd2.7%
  4. 4Mediatek Inc1.8%
  5. 5Delta Electronics Inc0.9%

Best emerging market stocks this month

Ranked by one-month return, among the holdings Zensei prices

  1. 1XP IncXP+64.1%
  2. 2NU Holdings LtdNU+9.5%
  3. 3Southern Copper CorpSCCO+7.9%
  4. 4TAL Education GroupTAL+7.7%
  5. 5Tencent Music Entertainment GroupTME+5.8%

Emerging Market Stocks vs the S&P 500

Over the week to 12 October 2026, EEM fell 3.7% while the S&P 500 rose 0.4%. The table compares EEM and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means EEM won that window.

Window
EEM
SPY
Spread
1 week−3.7%+0.4%−4.2 pts
2 weeks−2.7%+0.9%−3.5 pts
1 month−2.5%+2.1%−4.5 pts
3 months+2.6%+4.1%−1.5 pts
6 months+6.8%+12.6%−5.8 pts
1 year+29.9%+20.4%+9.4 pts

Prices as of · computed from daily adjusted closes · how we measure

Emerging Markets on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.

Are emerging market stocks expensive?

Fund P/E
Not enough P/E data
Weight with a P/E
2%

Under half of the weight in EEM has a positive P/E, so a fund P/E would not describe the fund. Zensei shows a fund P/E from 50% coverage. Compare with every sector and theme: P/E ratio by sector.

EEM holdings: the emerging market stocks inside

This list covers the 742 largest emerging market stocks in EEM, heaviest first; the 10 largest show their returns where Zensei has a price. As of 12 October 2026, 14 of the 17 emerging market stocks Zensei prices in EEM beat the fund over the past month. 11 of them beat the S&P 500. The strongest is XP Inc (XP); the weakest is Anglogold Ashanti PLC (AU). Inside the fund, one or two outliers drive most of the move.

#HoldingWeight1M3Mvs fund 1MMomentumRS health
1
Samsung Electronics Co Ltd
7.5%——No price data
2
SK Hynix Inc
5.9%——No price data
3
Tencent Holdings Ltd
2.7%——No price data
4
Mediatek Inc
1.8%——No price data
5
Delta Electronics Inc
0.9%——No price data
6
China Construction Bank Corp
0.9%——No price data
7
HON HAI Precision Industry Co Ltd
0.8%——No price data
8
Hdfc Bank Ltd
0.7%——No price data
9
SK Square
0.6%——No price data
10
ASE Technology Holding Co Ltd
0.6%——No price data
See all 742 holdings, each compared with the fund, with momentum and relative strengthUnlock with Premium

All 742 EEM holdings by weight: Samsung Electronics Co Ltd 7.5%, SK Hynix Inc 5.9%, Tencent Holdings Ltd 2.7%, Mediatek Inc 1.8%, Delta Electronics Inc 0.9%, China Construction Bank Corp 0.9%, HON HAI Precision Industry Co Ltd 0.8%, Hdfc Bank Ltd 0.7%, SK Square 0.6%, ASE Technology Holding Co Ltd 0.6%, Icici Bank Ltd 0.6%, Reliance Industries Ltd 0.6%, Samsung Electro-Mechanics Co Ltd 0.5%, Xiaomi Corp 0.4%, United Microelectronics Corp 0.4%, Bank of China Ltd 0.4%, Bharti Airtel Ltd 0.4%, Vale SA 0.4%, AL Rajhi Bank 0.4%, Unimicron Technology Corp 0.4%, Anglogold Ashanti PLC (AU) 0.4%, Meituan 0.4%, NU Holdings Ltd (NU) 0.4%, Elite Material Co Ltd 0.4%, Netease Inc 0.4%, KB Financial Group Inc 0.3%, PDD Holdings Inc (PDD) 0.3%, Saudi Arabian Oil Co 0.3%, Fubon Financial Holdings Co Ltd 0.3%, Petroleo Brasileiro SA Petrobras 0.3%, NAN YA Plastics Corp 0.3%, Grupo Mexico SAB de CV 0.3%, BYD Co Ltd 0.3%, Ctbc Financial Holding Co Ltd 0.3%, Hyundai Motor Co 0.3%, Asia Vital Components Co Ltd 0.3%, Lenovo Group Ltd 0.3%, Cathay Financial Holding Co Ltd 0.3%, Shinhan Financial Group Co Ltd 0.3%, Gold Fields Ltd 0.3%, Infosys Ltd 0.3%, Naspers Ltd 0.3%, Jd.Com Inc 0.3%, Saudi National Bank 0.3%, Kuwait Finance House 0.2%, TS Financial Holding Co Ltd 0.2%, Quanta Computer Inc 0.2%, Firstrand Ltd 0.2%, OTP Bank PLC 0.2%, Accton Technology Corp 0.2%, Axis Bank Ltd 0.2%, PKO Bank Polski SA 0.2%, China Life Insurance Co Ltd 0.2%, Yageo Corp 0.2%, Doosan Enerbility Co Ltd 0.2%, Larsen & Toubro Ltd 0.2%, Mahindra & Mahindra Ltd 0.2%, Hana Financial Group Inc 0.2%, Petrochina Co Ltd 0.2%, Credicorp Ltd (BAP) 0.2%, Ultratech Cement Ltd 0.2%, Hanwha Aerospace Co Ltd 0.2%, Zijin Mining Group Co Ltd 0.2%, China Merchants Bank Co Ltd 0.2%, Wuxi Biologics (Cayman) Inc 0.2%, Bajaj Finance Ltd 0.2%, Chroma ATE Inc 0.2%, WAL Mart de Mexico SAB de CV 0.2%, National Bank of Kuwait SAK 0.2%, Beone Medicines Ltd 0.2%, First ABU Dhabi Bank PJSC 0.2%, Capitec Ltd 0.2%, Agricultural Bank of China Ltd 0.2%, Yuanta Financial Holdings Co Ltd 0.2%, Samsung SDI Co Ltd 0.2%, Kotak Mahindra Bank Ltd 0.2%, Standard Bank Group Ltd 0.2%, Saudi Telecom Co 0.2%, Baidu Inc 0.2%, Trip.Com Group Ltd 0.2%, King Slide Works Co Ltd 0.2%, Global Unichip Corp 0.2%, Orlen SA 0.2%, E. Sun Financial Holding Co Ltd 0.2%, Valterra Platinum Ltd 0.2%, Samsung C&T Corp 0.2%, Nanya Technology Corp 0.2%, Aspeed Technology Inc 0.2%, Emaar Properties PJSC 0.2%, KIA Corp 0.2%, Wiwynn Corp 0.2%, Bank Bradesco SA Participating Preferred 0.2%, Celltrion Inc 0.2%, Naver Corp 0.2%, Asustek Computer Inc 0.2%, Jentech Precision Industrial Co Ltd 0.1%, B3 SA Brasil Bolsa Balcao 0.1%, Southern Copper Corp (SCCO) 0.1%, MTN Group Ltd 0.1%, KGI Financial Holding Co Ltd 0.1%, China Shenhua Energy Co Ltd 0.1%, Saudi Arabian Mining Co 0.1%, Qatar National Bank SAQ 0.1%, Innovent Biologics Inc 0.1%, State Bank of India 0.1%, Largan Precision Co Ltd 0.1%, Tata Consultancy Services Ltd 0.1%, Sun Pharmaceuticals Industries Ltd 0.1%, Samsung Life Insurance Co Ltd 0.1%, Chunghwa Telecom Co Ltd 0.1%, Winbond Electronics Corp 0.1%, Sinopac Financial Holdings Co Ltd 0.1%, Titan Co Ltd 0.1%, Mega Financial Holding Co Ltd 0.1%, Lite-On Technology Corp 0.1%, PT Bank Central Asia TBK 0.1%, Wistron Corp 0.1%, Tata Motors Ltd 0.1%, Tech Mahindra Ltd 0.1%, Woori Financial Group Inc 0.1%, National Bank of Greece SA 0.1%, Eternal Ltd 0.1%, Hyundai Mobis Co Ltd 0.1%, Public Bank BHD 0.1%, LG Electronics Inc 0.1%, Emirates NBD PJSC 0.1%, SK Inc 0.1%, Posco Holdings Inc 0.1%, Hanmi Semiconductor Co Ltd 0.1%, Vibra Energia SA 0.1%, ABU Dhabi Commercial Bank 0.1%, Axia Energia 0.1%, Maruti Suzuki India Ltd 0.1%, Ntpc Ltd 0.1%, Shriram Finance Ltd 0.1%, Trent Ltd 0.1%, Cemex SAB de CV 0.1%, Tata Steel Ltd 0.1%, Cimb Group Holdings BHD 0.1%, Hanwha Ocean 0.1%, Bizlink Holding Inc 0.1%, Ambev SA 0.1%, Piraeus Bank SA 0.1%, WEG SA 0.1%, Bharat Electronics Ltd 0.1%, MPI Corp 0.1%, HON Precision Inc 0.1%, First Financial Holding Co Ltd 0.1%, Samsung Fire & Marine Insurance Co Ltd 0.1%, Eurobank SA 0.1%, Bank Polska Kasa Opieki SA 0.1%, YUM China Holdings Inc (YUMC) 0.1%, HUA NAN Financial Holdings Co Ltd 0.1%, Kweichow Moutai Co Ltd 0.1%, Hindustan Unilever Ltd 0.1%, Geely Automobile Holdings Ltd 0.1%, Hindalco Industries Ltd 0.1%, Embraer SA 0.1%, LG Energy Solution Ltd 0.1%, Malayan Banking BHD 0.1%, China Petroleum & Chemical Corp 0.1%, Allegro.Eu SA 0.1%, Pharmaessentia Corp 0.1%, Zhen Ding Technology Holding Ltd 0.1%, Anta Sports Products Ltd 0.1%, Gold Circuit Electronics Ltd 0.1%, Phison Electronics Corp 0.1%, Samsung Biologics Co Ltd 0.1%, HCL Technologies Ltd 0.1%, Uni-President Enterprises Corp 0.1%, KT&G Corp 0.1%, King Yuan Electronics Co Ltd 0.1%, KE Holdings Inc 0.1%, Adani Ports & Special Economic Zone Ltd 0.1%, HD Hyundai Electric 0.1%, Impala Platinum Holdings Ltd 0.1%, Absa Group Ltd 0.1%, Power Grid Corp of India Ltd 0.1%, Divi's Laboratories Ltd 0.1%, Powszechny Zaklad Ubezpieczen SA 0.1%, Saudi Basic Industries Corp 0.1%, China Resources Land Ltd 0.1%, Wuxi Apptec Co Ltd 0.1%, Advantech Co Ltd 0.1%, Realtek Semiconductor Corp 0.1%, LS Electric Co Ltd 0.1%, Eneva SA 0.1%, Alinma Bank 0.1%, Twd/Usd Purchased 0.1%, Cosco Shipping Holdings Co Ltd 0.1%, Riyad Bank 0.1%, Shoprite Holdings Ltd 0.1%, Novatek Microelectronics Corp 0.1%, Qatar Islamic Bank Qpsc 0.1%, Prio SA 0.1%, Alteogen Inc 0.1%, Interglobe Aviation Ltd 0.1%, Cspc Pharmaceutical Group Ltd 0.1%, HD Hyundai Heavy Industries 0.1%, TVS Motor Co Ltd 0.1%, Asian Paints Ltd 0.1%, Samsung Heavy Industries Co Ltd 0.1%, ENN Energy Holdings Ltd 0.1%, Alchip Technologies Ltd 0.1%, ABU Dhabi Islamic Bank 0.1%, Eicher Motors Ltd 0.1%, Acwa Power Co 0.1%, Grupo Cibest SA Participating Preferred 0.1%, Harmony Gold Mining Co Ltd 0.1%, China Hongqiao Group Ltd 0.1%, Discovery Ltd 0.1%, China Citic Bank Corp Ltd 0.1%, Nestle India Ltd 0.1%, BID Corp Ltd 0.1%, Formosa Plastics Corp 0.1%, Globalwafers Co Ltd 0.1%, Grasim Industries Ltd 0.1%, Zhongji Innolight Co Ltd 0.1%, ITC Ltd 0.1%, Banco de Chile 0.1%, Alpha Bank SA 0.1%, Aldar Properties PJSC 0.1%, SBI Life Insurance Co Ltd 0.1%, Sanlam Ltd 0.1%, Sasol Ltd 0.1%, Akeso Inc 0.1%, PT Bank Mandiri (Persero) TBK 0.1%, XP Inc (XP) 0.1%, Latam Airlines Group SA 0.1%, Bank of Communications Co Ltd 0.1%, Equatorial SA 0.1%, Apollo Hospitals Enterprise Ltd 0.1%, Evergreen Marine Corp (Taiwan) Ltd 0.1%, Erste Bank Polska SA 0.1%, Saudi British Bank 0.1%, FSN E-Commerce Ventures Ltd 0.1%, Torrent Pharmaceuticals Ltd 0.1%, Kingboard Laminates Holdings Ltd 0.1%, Bajaj Auto Ltd 0.1%, Cmoc Group Ltd 0.1%, Coal India Ltd 0.1%, Citic Ltd 0.1%, Tenaga Nasional BHD 0.1%, BIM Birlesik Magazalar AS 0.1%, Samvardhana Motherson International Ltd 0.1%, China Steel Corp 0.1%, SK Innovation Co Ltd 0.1%, Fortune Electric Co Ltd 0.1%, E INK Holdings Inc 0.1%, Citic Securities Co Ltd 0.1%, Banco do Brasil SA BB Brasil 0.1%, GEK Terna SA 0.1%, Gail (India) Ltd 0.1%, Ecopro BM Co Ltd 0.1%, LPP SA 0.1%, EVA Airways Corp 0.1%, Fortis Healthcare Ltd 0.1%, CEZ AS 0.1%, H World Group Ltd (HTHT) 0.1%, ELM Co 0.1%, Genscript Biotech Corp 0.1%, Aselsan Elektronik Sanayi VE Ticaret AS 0.1%, Sibanye Stillwater Ltd 0.1%, Sino Biopharmaceutical Ltd 0.1%, Laurus Labs Ltd 0.1%, Doosan Corp 0.1%, Public Power Corp SA 0.1%, Sabic Agri-Nutrient Co 0.1%, Tupras-Turkiye Petrol Rafineleri AS 0.1%, Adani Enterprises Ltd 0.1%, Adani Power Ltd 0.1%, Weichai Power Co Ltd 0.1%, LI Auto Inc 0.1%, LG Corp 0.1%, Formosa Chemicals & Fibre Corp 0.1%, China Merchants Bank Co Ltd 0.1%, Bajaj Finserv Ltd 0.1%, ZTO Express (Cayman) Inc 0.1%, Cipla Ltd 0.1%, Persistent Systems Ltd 0.1%, The Shanghai Commercial and Savings Bank 0.1%, Avenue Supermarts Ltd 0.1%, Z.Ai Co Ltd 0.1%, Banco de Credito E Inversiones SA 0.1%, AU Small Finance Bank Ltd 0.1%, Cambricon Technologies Corp Ltd 0.1%, Tata Power Co Ltd 0.1%, Gulf Development PCL Nvdr 0.1%, Banque Saudi Fransi 0.1%, Cummins India Ltd 0.1%, Press Metal Aluminium Holdings BHD 0.1%, Hero Motocorp Ltd 0.1%, LIG DEFENSE&AEROSPACE Co Ltd 0.1%, Zijin Gold International Co Ltd 0.1%, Xpeng Inc 0.1%, Vodacom Group Ltd 0.1%, Adnoc Gas PLC 0.1%, DB Insurance Co Ltd 0.1%, Varun Beverages Ltd 0.1%, Vedanta Aluminium Metal Ltd 0.1%, Haier Smart Home Co Ltd 0.1%, Korea Aerospace Industries Ltd 0.1%, HD Hyundai 0.1%, The Federal Bank Ltd 0.1%, Gigabyte Technology Co Ltd 0.1%, Localiza Rent A Car SA 0.1%, Samsung SDS Co Ltd 0.1%, Meritz Financial Group 0.1%, MOL Hungarian Oil and Gas PLC 0.1%, CG Power & Industrial Solutions Ltd 0.1%, Chang HWA Commercial Bank Ltd 0.1%, China Overseas Land & Investment Ltd 0.1%, Gerdau SA Participating Preferred 0.1%, LG Innotek Co Ltd 0.1%, China Mengniu Dairy Co Ltd 0.1%, GE Vernova T&D India Ltd 0.1%, Gamuda BHD 0.1%, Northam Platinum Holdings Ltd 0.1%, Remgro Ltd 0.1%, Grupo Cibest SA 0.1%, APR Co Ltd 0.1%, Etihad Etisalat Co JSC 0.1%, JIO Financial Services Ltd 0.1%, Indian Hotels Co Ltd 0.1%, Hyundai Rotem Co 0.1%, Ecopro Co Ltd 0.1%, CIA Paranaense de Energia Copel 0.1%, NIO Inc 0.1%, Pegatron Corp 0.1%, Hansoh Pharmaceutical Group Co Ltd 0.1%, DR Reddy's Laboratories Ltd 0.1%, Dubai Islamic Bank PJSC 0.1%, SK Telecom Co Ltd 0.1%, Taiwan Mobile Co Ltd 0.1%, FAR Eastone Telecommunications Co Ltd 0.1%, Oil & Natural Gas Corp Ltd 0.1%, China Yangtze Power Co Ltd 0.1%, Full Truck Alliance Co Ltd (YMM) 0.1%, Telefonica Brasil SA 0.0%, Britannia Industries Ltd 0.0%, Hdfc Life Insurance Co Ltd 0.0%, Suzano SA 0.0%, Bharat Heavy Electricals Ltd 0.0%, Power Finance Corp Ltd 0.0%, Union Bank of India 0.0%, GDS Holdings Ltd 0.0%, Arab National Bank 0.0%, JD Health International Inc 0.0%, Vishal Mega Mart Ltd 0.0%, Waaree Energies Ltd 0.0%, Voltas Ltd 0.0%, YTL Power International BHD 0.0%, Amorepacific Corp 0.0%, Airtac International Group 0.0%, Bank Albilad 0.0%, Falabella SA 0.0%, Bidvest Group Ltd 0.0%, Polycab India Ltd 0.0%, Gruma SAB de CV 0.0%, Indus Towers Ltd 0.0%, Indian Bank 0.0%, Tencent Music Entertainment Group (TME) 0.0%, Compania de Minas Buenaventura SAA (BVN) 0.0%, Kanzhun Ltd (BZ) 0.0%, Info Edge (India) Ltd 0.0%, Tata Consumer Products Ltd 0.0%, Itau Unibanco Holding SA 0.0%, Kingboard Holdings Ltd 0.0%, Agricultural Bank of China Ltd 0.0%, Inventec Corp 0.0%, Jiangxi Copper Co Ltd 0.0%, Hybe 0.0%, S-Oil Corp 0.0%, Mirae Asset Securities Co Ltd 0.0%, WAN HAI Lines Ltd 0.0%, Air Arabia PJSC 0.0%, UPL Ltd 0.0%, Lotes Co Ltd 0.0%, Sunny Optical Technology (Group) Co Ltd 0.0%, Mbank SA 0.0%, Hdfc Asset Management Co Ltd 0.0%, Sensetime Group Inc 0.0%, Adani Energy Solutions Ltd 0.0%, Chailease Holding Co Ltd 0.0%, Aurobindo Pharma Ltd 0.0%, Ashok Leyland Ltd 0.0%, Yankuang Energy Group Co Ltd 0.0%, Bank Bradesco SA 0.0%, Rede D OR SAO Luiz SA 0.0%, Posco Future M 0.0%, Hotai Motor Co Ltd 0.0%, BDO Unibank Inc 0.0%, Bharat Forge Ltd 0.0%, BB Seguridade Participacoes SA 0.0%, Hyundai Motor Co Participating Preferred 0.0%, Indusind Bank Ltd 0.0%, MMG Ltd 0.0%, Zijin Mining Group Co Ltd 0.0%, Eoptolink Technology Inc Ltd 0.0%, Chemical Works of Gedeon Richter PLC 0.0%, Raia Drogasil SA 0.0%, Bharat Petroleum Corp Ltd 0.0%, Dixon Technologies (India) Ltd 0.0%, Dino Polska SA 0.0%, Dubai Electricity & Water Authority PJSC 0.0%, Almarai Co 0.0%, Solar Industries India Ltd 0.0%, Tata Motors Passenger Vehicles Ltd 0.0%, Korea Investment Holdings Co Ltd 0.0%, China Resources Power Holdings Co Ltd 0.0%, Lupin Ltd 0.0%, Marico Ltd 0.0%, DLF Ltd 0.0%, Motor Oil (Hellas) Corinth Refineries SA 0.0%, Lenskart Solutions Ltd 0.0%, Banco Santander Chile 0.0%, New China Life Insurance Co Ltd 0.0%, Korea Electric Power Corp 0.0%, Nepi Rockcastle NV 0.0%, The Commercial Bank (Q.S.C.) 0.0%, Pidilite Industries Ltd 0.0%, Outsurance Group Ltd 0.0%, Naura Technology Group Co Ltd 0.0%, Hanwha Systems Co Ltd 0.0%, Suzlon Energy Ltd 0.0%, Pepkor Holdings Ltd 0.0%, Petronas Gas BHD 0.0%, Phoenix Mills Ltd 0.0%, Grupo Carso SAB de CV Class A1 0.0%, Polska Grupa Energetyczna SA 0.0%, Interconexion Electrica SA ESP 0.0%, Wuxi Apptec Co Ltd 0.0%, Alrayan Bank SHS Partly Paid 0.0%, Aluminum Corp of China Ltd 0.0%, Zhaojin Mining Industry Co Ltd 0.0%, Jindal Steel Ltd 0.0%, Industrial Bank of Korea 0.0%, Industries Qatar QSC 0.0%, Industrial Bank Co Ltd 0.0%, Turk Hava Yollari AO 0.0%, Ammb Holdings BHD 0.0%, REC Ltd 0.0%, President Chain Store Corp 0.0%, Bank Millennium SA 0.0%, Reinet Investments SCA 0.0%, Muthoot Finance Ltd 0.0%, Wuxi XDC Cayman Inc 0.0%, China Resources Beer (Holdings) Co Ltd 0.0%, Korean Air Lines Co Ltd 0.0%, Guangdong Investment Ltd 0.0%, Lodha Developers Ltd 0.0%, Bank of Communications Co Ltd 0.0%, SRF Ltd 0.0%, China Taiping Insurance Holdings Co Ltd 0.0%, Bupa Arabia For Cooperative Insurance Co 0.0%, Sinotruk (Hong Kong) Ltd 0.0%, RHB Bank BHD 0.0%, Sigma Foods SAB de CV 0.0%, Bosch Ltd 0.0%, Siemens Ltd 0.0%, SAM Yang Foods Co Ltd 0.0%, Rumo SA 0.0%, Mobile Telecommunications Co KSC 0.0%, Motiva Infraestrutura de Mobilidade SA 0.0%, Godrej Consumer Products Ltd 0.0%, Inner Mongolia Yitai Coal Co Ltd 0.0%, ABB India Ltd 0.0%, Wipro Ltd 0.0%, AAC Technologies Holdings Inc 0.0%, PB Fintech Ltd 0.0%, Akbank TAS 0.0%, Zabka Group 0.0%, BYD Co Ltd 0.0%, BSE Ltd 0.0%, Komercni Banka AS 0.0%, Grupo Bimbo SAB de CV 0.0%, Kunlun Energy Co Ltd 0.0%, Bilibili Inc 0.0%, CD Projekt Red SA 0.0%, PT Astra International TBK 0.0%, China Galaxy Securities Co Ltd 0.0%, Boubyan Bank KSC 0.0%, Vipshop Holdings Ltd (VIPS) 0.0%, JBS NV (JBS) 0.0%, TAL Education Group (TAL) 0.0%, Inr/Usd Purchased 0.0%, YES Bank Ltd 0.0%, Adnoc Drilling Company PJSC 0.0%, Adnoc Logistics & Services PLC 0.0%, Aditya Birla Capital Ltd 0.0%, Krafton Inc 0.0%, Saudi Energy Co 0.0%, SCB X PCL Nvdr 0.0%, SD Guthrie BHD 0.0%, LI Ning Co Ltd 0.0%, APL Apollo Tubes Ltd 0.0%, 3sbio Inc SHS Unitary 144a/Reg S 0.0%, Indian Oil Corp Ltd 0.0%, Jumbo SA 0.0%, Xtalpi Holdings Ltd 0.0%, Turkiye IS Bankasi AS 0.0%, China Shenhua Energy Co Ltd 0.0%, China Resources Gas Group Ltd 0.0%, L&T Finance Ltd 0.0%, Kuala Lumpur Kepong BHD 0.0%, Cmoc Group Ltd 0.0%, Colgate-Palmolive (India) Ltd 0.0%, Kakaobank Corp 0.0%, Shree Cement Ltd 0.0%, Siemens Energy India Ltd 0.0%, Sinopharm Group Co Ltd 0.0%, Kingsoft Corp Ltd 0.0%, JD Logistics Inc 0.0%, Jarir Marketing Co 0.0%, Jindal Stainless Ltd 0.0%, Bajaj Holdings and Investment Ltd 0.0%, Bank of the Philippine Islands 0.0%, Misc BHD 0.0%, Moneta Money Bank AS 0.0%, Montage Technology Co Ltd 0.0%, Crrc Corp Ltd 0.0%, Shaanxi Coal Industry Co Ltd 0.0%, Coromandel International Ltd 0.0%, China Coal Energy Co Ltd 0.0%, China Construction Bank Corp 0.0%, Hankook Tire & Technology Co Ltd 0.0%, Chow TAI Fook Jewellery Group Ltd 0.0%, Oberoi Realty Ltd 0.0%, Haci Omer Sabanci Holding AS 0.0%, Guotai Haitong Securities Co Ltd 0.0%, Nmdc Ltd 0.0%, LTM Ltd 0.0%, Shennan Circuits Co Ltd 0.0%, Axia Energia 0.0%, Petrochina Co Ltd 0.0%, Shengyi Technology Co Ltd 0.0%, KOC Holding AS 0.0%, Page Industries Ltd 0.0%, Petronet LNG Ltd 0.0%, Ayala Corp 0.0%, Bosideng International Holdings Ltd 0.0%, GMR Airports Ltd 0.0%, Mphasis Ltd 0.0%, JSW Energy Ltd 0.0%, National Aluminium Co Ltd 0.0%, Jabal Omar Development Co 0.0%, Sundaram Finance Ltd 0.0%, Yuhan Corp 0.0%, Wuliangye Yibin Co Ltd 0.0%, ZTE Corp 0.0%, Warba Bank (K.S.C.) 0.0%, Ambuja Cements Ltd 0.0%, Anhui Conch Cement Co Ltd 0.0%, Alkem Laboratories Ltd 0.0%, NH Investment & Securities Co Ltd 0.0%, Telekom Malaysia BHD 0.0%, The Company For Cooperative Insurance 0.0%, China Cssc Holdings Ltd 0.0%, FAR East Horizon Ltd 0.0%, China Gas Holdings Ltd 0.0%, Billionbrains Garage Ventures Ltd 0.0%, Budimex SA 0.0%, Aura Minerals Inc (AUGO) 0.0%, Zydus Lifesciences Ltd 0.0%, Asseco Poland SA 0.0%, China Nonferrous Mining Corp Ltd 0.0%, Canara Bank 0.0%, Caixa Seguridade Participacoes SA 0.0%, BYD Electronic (International) Co Ltd 0.0%, Muyuan Foods Group Co Ltd 0.0%, MRF Ltd 0.0%, Godrej Properties Ltd 0.0%, Gigadevice Semiconductor Inc 0.0%, Great Wall Motor Co Ltd 0.0%, Gulf Bank KSC 0.0%, Haidilao International Holding Ltd 0.0%, Orient Overseas (International) Ltd 0.0%, Yanbu National Petrochemicals Co 0.0%, Oracle Financial Services Software Ltd 0.0%, Marfrig Global Foods SA 0.0%, Mankind Pharma Ltd 0.0%, Satellite Chemical Co Ltd 0.0%, Sdic Power Holdings Co Ltd 0.0%, Seres Group Co Ltd 0.0%, Sany Heavy Industry Co Ltd 0.0%, SAR Cash(Committed) 0.0%, Torrent Power Ltd 0.0%, Ooredoo Qpsc 0.0%, Nhpc Ltd 0.0%, Havells India Ltd 0.0%, Emaar Development PJSC 0.0%, TIM SA 0.0%, Tata Communications Ltd 0.0%, Oil India Ltd 0.0%, Sunway BHD 0.0%, Supreme Industries Ltd 0.0%, SM Prime Holdings Inc 0.0%, Cencosud SA 0.0%, Celcomdigi BHD 0.0%, Midea Group Co Ltd 0.0%, Petronas Chemicals Group BHD 0.0%, IOI Corp BHD 0.0%, Allwyn AG 0.0%, China Merchants Port Holdings Co Ltd 0.0%, China Minsheng Banking Corp Ltd 0.0%, Maxis BHD 0.0%, Makkah Construction & Development Co 0.0%, Mabanee Co Kpsc 0.0%, Tingyi (Cayman Islands) Holding Corp 0.0%, Turkcell Iletisim Hizmetleri AS 0.0%, Ping AN Bank Co Ltd 0.0%, Clicks Group Ltd 0.0%, Citic Securities Co Ltd 0.0%, East Money Information Co Ltd 0.0%, Bank of China Ltd 0.0%, Bank of Baroda 0.0%, Bank of Ningbo Co Ltd 0.0%, Bank of Jiangsu Co Ltd 0.0%, Empresas Copec SA 0.0%, Enel Chile SA 0.0%, Plaza SA SHS 0.0%, Prestige Estates Projects Ltd 0.0%, DAR Alarkan Real Estate Development Co 0.0%, Tsingtao Brewery Co Ltd 0.0%, Shengyi Electronics Co Ltd 0.0%, Guangdong Songfa Ceramics Co Ltd 0.0%, Icici Life Insurance Ltd 0.0%, China Railway Group Ltd 0.0%, China Railway Group Ltd 0.0%, China Petroleum & Chemical Corp 0.0%, China Oilfield Services Ltd 0.0%, Zhejiang Juhua Co Ltd 0.0%, BOC Aviation Ltd SHS Unitary 144a/Reg S 0.0%, Saic Motor Corp Ltd 0.0%, Crrc Corp Ltd 0.0%, Cpfl Energia SA 0.0%, Cosco Shipping Holdings Co Ltd 0.0%, Jiangsu Hengli Hydraulic Co Ltd 0.0%, Jiangsu Eastern Shenghong Co Ltd 0.0%, Jcet Group Co Ltd 0.0%, Iflytek Co Ltd 0.0%, Rongsheng Petro Chemical Co Ltd 0.0%, Rockchip Electronics Co Ltd 0.0%, Beijing Enterprises Holdings Ltd 0.0%, Huagong Tech Co Ltd 0.0%, China Securities Co Ltd 0.0%, Daqin Railway Co Ltd 0.0%, Dabur India Ltd 0.0%, Pldt Inc 0.0%, China Life Insurance Co Ltd 0.0%, China Jushi Co Ltd 0.0%, PT Barito Pacific TBK 0.0%, Porto Seguro SA 0.0%, Remegen Co Ltd 0.0%, Raytron Technology Co Ltd 0.0%, PI Industries Ltd 0.0%, Eastroc Beverage (Group) Co Ltd 0.0%, Nebras Energy 0.0%, Nari Technology Co Ltd 0.0%, Biwin Storage Technology Co Ltd 0.0%, China Everbright Bank Co Ltd 0.0%, Eastern Co SAE 0.0%, Dongfang Electric Corp Ltd 0.0%, Engie Brasil Energia SA 0.0%, China Minsheng Banking Corp Ltd 0.0%, Metropolitan Bank & Trust Co 0.0%, Haitian International Holdings Ltd 0.0%, Hengtong Optic-Electric Co Ltd 0.0%, Hengli Petrochemical Co Ltd 0.0%, China Citic Bank Corp Ltd 0.0%, Huaqin Technology Co Ltd 0.0%, HUA XIA Bank Co Ltd 0.0%, Bank of Beijing Co Ltd 0.0%, Huatai Securities Co Ltd 0.0%, Bank of Nanjing Co Ltd 0.0%, Bank of Hangzhou Co Ltd 0.0%, Bank of Chengdu Co Ltd 0.0%, Lens Technology Co Ltd 0.0%, Manila Electric Co 0.0%, Luzhou Laojiao Co Ltd 0.0%, Longfor Group Holdings Ltd 0.0%, Astor Enerji AS 0.0%, TCL Technology Group Corp 0.0%, Lingyi Itech (Guangdong) Co Ltd 0.0%, EVE Energy Co Ltd 0.0%, Yankuang Energy Group Co Ltd 0.0%, Legend Biotech Corp (LEGN) 0.0%, Zangge Mining Co Ltd 0.0%, Yunnan Aluminium Co Ltd 0.0%, China Galaxy Securities Co Ltd 0.0%, China Feihe Ltd 0.0%, Orient Securities Co Ltd 0.0%, GF Securities Co Ltd 0.0%, Goertek Inc 0.0%, Founder Securities Co Ltd 0.0%, Ganfeng Lithium Group Co Ltd 0.0%, GD Power Development Co Ltd 0.0%, Dukhan Bank Qpsc 0.0%, New China Life Insurance Co Ltd 0.0%, Ningbo Tuopu Group Co Ltd 0.0%, Piotech Inc 0.0%, Tongfu Microelectronics Co Ltd 0.0%, Tongcheng Travel Holdings Ltd 0.0%, Western Mining Co Ltd 0.0%, Hengan International Group Co Ltd 0.0%, Miniso Group Holding Ltd 0.0%, Xiamen Tungsten Co Ltd 0.0%, ZTE Corp 0.0%, C&D International Investment Group Ltd 0.0%, Baoshan Iron & Steel Co Ltd 0.0%, Bank of Shanghai Co Ltd 0.0%, Tbea Co Ltd 0.0%, Haier Smart Home Co Ltd 0.0%, Guosen Securities Co Ltd 0.0%, Avary Holding (Shenzhen) Co Ltd 0.0%, Wens Foodstuff Group Co Ltd 0.0%, SF Holding Co Ltd 0.0%, Weichai Power Co Ltd 0.0%, SG Micro Corp 0.0%, BOE Technology Group Co Ltd 0.0%, Shandong Gold Mining Co Ltd 0.0%, Shanghai Electric Group Co Ltd 0.0%, Zhongjin Gold Corp Ltd 0.0%, Zhejiang NHU Co Ltd 0.0%, Ades Holding Co 0.0%, Aecc Aviation Power Co Ltd 0.0%, ACM Research (Shanghai) Inc 0.0%, Accelink Technologies Co Ltd 0.0%, Aluminum Corp of China Ltd 0.0%, Ningbo Deye Technology Corp 0.0%, Jiangxi Copper Co Ltd 0.0%, Hwatsing Technology Co Ltd 0.0%, Ieit Systems Co Ltd 0.0%, Talaat Moustafa Group Holding 0.0%, Everprox Technologies Co Ltd 0.0%, Sungrow Power Supply Co Ltd 0.0%, Pharmaron Beijing Co Ltd 0.0%, LG Uplus Corp 0.0%, SM Investments Corp 0.0%, Sichuan Chuantou Energy Co Ltd 0.0%, Shenwan Hongyuan Group Co Ltd 0.0%, Brl/Usd Purchased 0.0%.

Emerging Market Stocks: common questions

Emerging market stocks list: which stocks are in EEM?

As of 12 October 2026, this page lists the 742 largest emerging market stocks in EEM, from the fund's published holdings. The three largest by fund weight are Samsung Electronics Co Ltd (7.5%), SK Hynix Inc (5.9%) and Tencent Holdings Ltd (2.7%). Each one shows its fund weight; the 10 largest also show their one-month and three-month returns where Zensei has a price.

What are the best emerging market stocks this month?

As of 12 October 2026, ranked by one-month return, the three strongest emerging market stocks in EEM are XP Inc (XP, +64.1%), NU Holdings Ltd (NU, +9.5%) and Southern Copper Corp (SCCO, +7.9%). This ranks past return only; it does not forecast the next month.

What are the top 3 emerging market stocks?

As of 12 October 2026, the three largest emerging market stocks in EEM by fund weight are Samsung Electronics Co Ltd (7.5%), SK Hynix Inc (5.9%) and Tencent Holdings Ltd (2.7%). Fund weight shows size inside the fund, not a recommendation.

Which emerging market stocks are beating the sector?

As of 12 October 2026, 14 of the 17 emerging market stocks Zensei prices in EEM beat the fund over the past month. The strongest over the past month is XP Inc (XP). The table above shows the largest holdings with their weights and returns.

Which ETF holds emerging market stocks?

Several ETFs hold emerging market stocks. Zensei tracks the group through EEM, the iShares MSCI Emerging Markets ETF. As of 12 October 2026, Zensei has the 742 largest emerging market stocks from its published holdings, and the 10 largest make up 22.5% of the fund.

Are emerging market stocks outperforming the S&P 500?

No. As of 12 October 2026, EEM trails the S&P 500 by 4.5 points over the past month.

What is EEM?

EEM is iShares MSCI Emerging Markets ETF. Zensei uses it to measure emerging market stocks against the S&P 500 (SPY).

What stocks does EEM own?

As of 12 October 2026, the largest of the 742 positions Zensei tracks in EEM are Samsung Electronics Co Ltd, SK Hynix Inc, Tencent Holdings Ltd, Mediatek Inc, Delta Electronics Inc. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.

What quadrant is emerging markets in right now?

As of 12 October 2026, emerging markets is in the Cooling quadrant — still ahead over the longer window, but behind the market over the past month. The Zensei methodology page explains the quadrants.

Recent changes

  1. ·Trailing the market → losing ground
  2. ·Gaining ground → trailing the market
  3. ·First tracked: gaining ground

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