EEM
iShares MSCI Emerging Markets ETF
The iShares MSCI Emerging Markets Index fund seeks investment results that correspond to the price and yield performance of the MSCI Emerging Markets Index. The index consists of the stocks in developing economies around the world.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
$ 27.7 B
ASSETS UNDER MGMT
69 bp
EXPENSES
Fund Basics
| Inception date | Apr 07, 2003 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TAIWAN SEMICONDUCTOR MANUFAC | 12.4 % |
| SAMSUNG ELECTRONICS CO LTD | 4.8 % |
| TENCENT HOLDINGS LTD | 3.5 % |
| HYNIX SEMICONDUCTOR INC | 2.7 % |
| ALIBABA GROUP HOLDING LTD. | 2.4 % |
| RELIANCE INDUSTRIES LTD | 0.9 % |
| HDFC BANK LIMITED | 0.9 % |
| CHINA CONSTRUCTION BANK-H | 0.8 % |
| HON HAI PRECISION INDUSTRY | 0.7 % |
| MEDIATEK INC | 0.7 % |
Constituent Breakdown
| Number of holdings | 1209 |
| Herfindahl-Hirschman Index | 264 |
| Wgt avg mkt cap (mns) | $273,501 |
| Large cap (>$10bn) | 77.0% |
| Mid cap ($2-10bn) | 12.6% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 2.4% |
| Emerging mkts. | 89.2% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 20.3 % |
 |
CHINA | 18.0 % |
 |
SOUTH KOREA | 13.8 % |
 |
INDIA | 11.3 % |
 |
BRAZIL | 3.7 % |
 |
SOUTH AFRICA | 2.6 % |
 |
SAUDI ARABIA | 2.5 % |
 |
MEXICO | 1.7 % |
 |
HONG KONG | 1.2 % |
 |
UAE | 1.1 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.4% | 44.8% | 25.1% | 17.9% | 3.1% | 7.5% | 3.4% | 7.9% |
| Dividend Yield | 0.0% | 3.5% | 3.0% | 2.9% | 2.4% | 2.4% | 2.1% | 2.1% |
| Total Returns | 14.4% | 48.3% | 28.1% | 20.8% | 5.5% | 9.9% | 5.5% | 9.9% | Ann. Volatility | 17.8% | 18.0% | 16.9% | 16.3% | 18.1% | 20.2% | 28.1% | 27.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.71 | 56% |
| MSCI EAFE | 0.89 | 65% |
| MSCI Emg Mkts | 1.00 | 100% |
Liquidity Measures
| Avg. volume (000) | 47,191 |
| ADV traded (mns) | $2,705 |
| Turnover | 9.8% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $60.30 |
| Relative strength (RSI) | 64 |
| MACD/Signal | 1.22/1.17 |
| Bollinger Bands (Upper/Lower) | $63.62/$58.21 |
| Short interest (% of AUM) | 17.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EEM |
Expenses vs. EEM |
ALTAR Score™ vs. EEM |
|---|---|---|---|---|
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 79.4% | -39 bp | +0.3% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 78.0% | -3 bp | -0.7% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 74.5% | -54 bp | +0.1% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 74.3% | -58 bp | -0.2% |
| IEMG | iShares Core MSCI Emerging Markets ETF | 73.7% | -60 bp | +0.1% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 73.6% | -33 bp | -0.4% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 67.6% | +1 bp | -0.9% |
| VWO | Vanguard FTSE Emerging Markets ETF | 66.8% | -62 bp | +0.8% |
| DFAE | Dimensional Emerging Core Equity Market ETF | 66.2% | -34 bp | -1.1% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 65.9% | -20 bp | -0.1% |
Risk and Returns: EEM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/9/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
9.7%
ALTAR SCORE™
75th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 196 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.1% and a standard deviation
of 2.4%. EEM's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places EEM in the 75th percentile
among funds in the category.
Sell-Side Consensus
$70.96
PRICE TARGET
+23.8%
UPSIDE