EMGF
iShares Emerging Markets Equity Factor ETF
The iShares Edge MSCI Multifactor Emerging Markets ETF tracks an index of large- and midcap emerging market firms. Stocks are selected and weighted to increase exposure to 4 factors (quality, value, momentum and small size) while maintaining similar characteristics to the MSCI Emerging Markets Index.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.9 B
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Inception date | Dec 08, 2015 |
| 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 | 10.9 % |
| SAMSUNG ELECTRONICS CO LTD | 7.4 % |
| TENCENT HOLDINGS LTD | 2.8 % |
| HYNIX SEMICONDUCTOR INC | 2.6 % |
| ALIBABA GROUP HOLDING LTD. | 2.4 % |
| MEDIATEK INC | 1.9 % |
| DELTA ELECTRONICS INC | 1.2 % |
| CHINA CONSTRUCTION BANK-H | 0.9 % |
| IND & COMM BK OF CHINA - H | 0.7 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 0.7 % |
Constituent Breakdown
| Number of holdings | 608 |
| Herfindahl-Hirschman Index | 199 |
| Wgt avg mkt cap (mns) | $238,573 |
| Large cap (>$10bn) | 67.1% |
| Mid cap ($2-10bn) | 19.0% |
| Small cap (<$2bn) | 1.3% |
| Developed mkts. | 2.0% |
| Emerging mkts. | 85.6% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 23.0 % |
 |
SOUTH KOREA | 18.3 % |
 |
CHINA | 16.3 % |
 |
INDIA | 10.3 % |
 |
BRAZIL | 3.0 % |
 |
SAUDI ARABIA | 1.8 % |
 |
SOUTH AFRICA | 1.7 % |
 |
UAE | 1.7 % |
 |
MEXICO | 1.3 % |
 |
HONG KONG | 1.0 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 18.2% | 46.4% | 23.5% | 18.6% | 5.1% | 6.8% | -- | 7.1% |
| Dividend Yield | 0.0% | 4.0% | 3.8% | 4.8% | 3.9% | 3.3% | -- | 3.1% |
| Total Returns | 18.2% | 50.4% | 27.3% | 23.4% | 9.0% | 10.0% | -- | 10.2% | Ann. Volatility | 25.9% | 18.4% | 18.6% | 17.1% | 17.3% | 19.5% | -- | 20.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.09 | 54% |
| MSCI EAFE | 1.03 | 66% |
| MSCI Emg Mkts | 0.98 | 98% |
Liquidity Measures
| Avg. volume (000) | 107 |
| ADV traded (mns) | $8 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $66.95 |
| Relative strength (RSI) | 66 |
| MACD/Signal | 2.13/1.72 |
| Bollinger Bands (Upper/Lower) | $72.14/$64.02 |
| Short interest (% of AUM) | 0.5% |
Distributions
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. EMGF |
Expenses vs. EMGF |
ALTAR Score™ vs. EMGF |
|---|---|---|---|---|
| EEM | iShares MSCI Emerging Markets ETF | 58.3% | +44 bp | -1.0% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 57.0% | +5 bp | -0.7% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 56.7% | -10 bp | -0.8% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 55.9% | -14 bp | -1.0% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 55.7% | +11 bp | -1.2% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 55.4% | +41 bp | -1.5% |
| IEMG | iShares Core MSCI Emerging Markets ETF | 54.9% | -16 bp | -0.7% |
| GEM | Goldman Sachs ActiveBeta Emerging Markets Equity ETF | 54.4% | +20 bp | -0.9% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 54.1% | +45 bp | -1.8% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 52.9% | +24 bp | -1.1% |
Risk and Returns: EMGF 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 5/12/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
9.2%
ALTAR SCORE™
80th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 203 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.4% and a standard deviation
of 2.2%. EMGF's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places EMGF in the 80th percentile
among funds in the category.
Sell-Side Consensus
$77.75
PRICE TARGET
+6.3%
UPSIDE