Well, VWO is up 5.25% over the last month, while EEM is up 5.17%.

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In April 2011, EEM was up 138% before it dropped sharply.

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The main China broad-based ETF is up 18.4 percent in the last 12 months while the iShares MSCI Emerging Markets ( EEM) is up 17.6 percent in the same period.

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Emerging markets could also open higher, with the MSCI Emerging Markets (EEM) index up 0.61 percent in the pre-market.

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Over the last 12 months, IEI is up 3.16% while the iShares MSCI Emerging Markets index (EEM) ETF is up just 1.24%.

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Year to date, the Wisdom Tree India Earnings (EPI) exchange traded fund is up 10.06 percent, beating the iShares MSCI Emerging Markets (EEM) ETF, up 7.21 percent.

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The Wisdom Tree India Earnings ( EPI) exchange traded fund is up 2.99 percent year to date, while the iShares MSCI Emerging Markets (EEM) ETF is up less than half a percent.

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Compare that to the iShares MSCI Emerging Markets Index exchange-traded fund (NYSE:EEM), which was up 13.68% in the last year and 5.35% in the last three months and the Vanguard Small Cap Index (NAESX), which is up 6.69% in the last year and down 7.53% in the last three months.

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Among the largest underlying components of EEM, in trading today BanColombia, S.A. ( NYSE: CIB) is up about 0.1%, Mobile Telesystems OJSC ( NYSE: MBT) is up about 0.8%, and HDFC Bank Ltd ( NYSE: HDB) is lower by about 0.1%.

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