EMXF
iShares ESG Advanced MSCI EM ETF
EMXF tracks a market-cap-weighted index of large- and midcap equities in emerging markets, screened for positive ESG rating while also screening for involvement in controversial activities.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
109.5 M
ASSETS UNDER MGMT
16 bp
EXPENSES
Fund Basics
| Fund sponsor | Blackrock |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 06, 2020 |
| Assets (mns) | $109 |
| Expense ratio | 16 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TAIWAN SEMICONDUCTOR MANUFAC | 5.4 % |
| HDFC BANK LIMITED | 3.0 % |
| HYNIX SEMICONDUCTOR INC | 2.3 % |
| CHINA CONSTRUCTION BANK-H | 2.3 % |
| MEITUAN DIANPING | 1.8 % |
| MEDIATEK INC | 1.6 % |
| NASPERS LIMITED LTD CLASS N | 1.2 % |
| AL RAJHI BANK | 1.2 % |
| PING AN INSURANCE GROUP CO-H | 1.2 % |
| IND & COMM BK OF CHINA - H | 1.2 % |
Constituent Breakdown
| Number of holdings | 521 |
| Herfindahl-Hirschman Index | 93 |
| Wgt avg mkt cap (mns) | $93,242 |
| Large cap (>$10bn) | 69.8% |
| Mid cap ($2-10bn) | 19.2% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 3.8% |
| Emerging mkts. | 88.6% |
Country Exposure
 |
CHINA | 21.0 % |
 |
TAIWAN | 18.4 % |
 |
INDIA | 13.1 % |
 |
SOUTH KOREA | 8.1 % |
 |
SAUDI ARABIA | 4.3 % |
 |
SOUTH AFRICA | 4.0 % |
 |
BRAZIL | 3.3 % |
 |
UAE | 2.4 % |
 |
MALAYSIA | 2.0 % |
 |
HONG KONG | 1.9 % |
Historical Performance
Standardized Performance (as of 07/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 14.6% | 14.7% | 6.3% | 5.8% | -- | -- | -- | 3.3% |
| Dividend Yield | 0.0% | 0.0% | 1.3% | 1.8% | -- | -- | -- | 1.7% |
| Total Returns | 14.6% | 14.7% | 7.6% | 7.6% | -- | -- | -- | 5.0% | Ann. Volatility | 18.6% | 18.3% | 16.4% | 20.1% | -- | -- | -- | 22.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.77 | 47% |
| MSCI EAFE | 0.78 | 55% |
| MSCI Emg Mkts | 0.94 | 83% |
Liquidity Measures
| Avg. volume (000) | 6 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.42% |
Technical Indicators
| Recent close | $43.80 |
| 30d moving avg. | $43.53 |
| Annualized volatility | 17.2% |
| Relative strength (RSI) | 61 |
| Short interest | 0.5% |
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. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| LDEM | iShares ESG MSCI EM Leaders ETF | 60.4% | +1 bp | +13.8% |
| EMCR | Xtrackers Emerging Markets Carbon Reduction and Climate Impr | 49.5% | -1 bp | +8.0% |
| EMXC | iShares MSCI Emerging Markets ex China ETF | 48.4% | +9 bp | +7.6% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 48.3% | +14 bp | +10.4% |
| ESGE | iShares ESG Aware MSCI EM ETF | 46.2% | +9 bp | +10.2% |
| EEM | iShares MSCI Emerging Markets ETF | 45.7% | +53 bp | +10.3% |
| STXE | Strive Emerging Markets Ex-China ETF | 45.7% | +16 bp | +7.7% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 44.5% | +50 bp | +9.7% |
| JHEM | John Hancock Multifactor Emerging Markets ETF | 44.4% | +33 bp | +10.1% |
| ECON | Columbia Emerging Markets Consumer ETF | 43.0% | +33 bp | +12.6% |
Risk and Returns: EMXF 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | |
| 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 8/29/2025
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
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
EMXF
8.4%
Cat. Avg
8.0%
ALTAR Score™ Calculation
Category Overview
There are 121 funds in the Emerging Equity category, with an average ALTAR Score™
of 8.0% and a standard deviation of
2.7%. EMXF's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places EMXF in the 57th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
EMXFSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| (16 bp) Percentile rank | 5 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| EMXF | 16.0 | 0.0 | 16 |
| Peer Avg. | 51.0 | 28.0 | 79.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .