IAE vs RSHO
Voya Asia Pacific High Dividend Equity Income Fund vs Tema American Reshoring ETF
Which is better, IAE or RSHO?
RSHO has been ahead.
RSHO has a lower expense ratio. RSHO led over 1Y and the full window. IAE is less concentrated, with 38.1% of the fund in its ten largest positions against 61.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IAE | RSHO |
|---|---|---|
| Expense Ratio | 1.21% | 0.75%Best |
| AUM | $95M | $302M |
| Dividend Yield | 8.68% | 0.23% |
| Holdings | 271 | 25 |
| Volatility (annualized) | 17.0%Best | 22.6% |
| Max Drawdown | -16.2%Best | -27.3% |
| $10,000 over 3.1 years | $21,371 | $24,965Best |
| Top 10 Weight | 38.1%Best | 61.1% |
| Fund Family | Voya Investment Management | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 27, 2007 | May 11, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 117 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IAE has data through Oct 13, 2026 and RSHO through Jun 18, 2026.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: May 11, 2023 to Jun 18, 2026 (3.1 years).
Risk: Volatility and Drawdowns
RSHO has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 17.0% for IAE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.2% for IAE and -27.3% for RSHO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IAE charges 1.21% per year while RSHO charges 0.75%. On a $10,000 position that is $121 vs $75 annually, a gap of $46 per year that compounds over a long holding period. On income, IAE currently yields 8.68% against 0.23% for RSHO.
Holdings Overlap
14.4% of IAE's money is in holdings RSHO also owns. 3.5% of RSHO's money is in holdings IAE also owns.
IAE and RSHO share little of their money.
The two holdings books were reported 123 days apart, IAE as of Aug 31, 2026 and RSHO as of Apr 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 248 positions we hold weights for in IAE and 24 in RSHO, against full books of 271 and 25.
What only one of them owns
Our book lists 22 positions for RSHO that do not appear in our book for IAE (91.7% of the fund), and 8 for IAE that do not appear in RSHO (3.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IAE | Weight in RSHO | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 14.44% | 3.54% | 10.90% |
You are not choosing between two funds in isolation.
Whichever of IAE and RSHO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IAE or RSHO?
IAE has an expense ratio of 1.21% while RSHO charges 0.75%. RSHO is the cheaper option, by $46 a year on a $10,000 investment.
Which is riskier, IAE or RSHO?
RSHO has been the more volatile fund at 22.6% annualized versus 17.0% for IAE. Worst drawdown: IAE -16.2% vs RSHO -27.3%.
Should I hold both IAE and RSHO?
IAE and RSHO have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IAE and RSHO?
14.4% of IAE's money is in holdings RSHO also owns. 3.5% of RSHO's is in holdings IAE also owns. They hold 1 positions in common, counted across the 248 positions we hold weights for in IAE and 24 in RSHO.
Which pays a higher dividend, IAE or RSHO?
IAE yields 8.68% while RSHO yields 0.23%, so IAE currently pays the higher dividend yield.
Is RSHO better than IAE?
RSHO has a lower expense ratio. RSHO led over 1Y and the full window. IAE is less concentrated, with 38.1% of the fund in its ten largest positions against 61.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.