IEMG

iShares Core MSCI Emerging Markets ETF

iShares Core MSCI Emerging Markets ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI Emerging Markets Investable Market Index.


Emerging Market

EQUITY

Passive

MANAGEMENT STYLE

80.7 B

ASSETS UNDER MGMT

9 bp

EXPENSES
Fund Basics
Fund sponsorBlackRock Fund Advisors
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateOct 18, 2012
Assets (mns)$80,650
Expense ratio9 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-Annually
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
TAIWAN SEMICONDUCTOR MANUFAC 8.1 %
TENCENT HOLDINGS LTD 3.6 %
RELIANCE INDUSTRIES LTD 2.4 %
SAMSUNG ELECTRONICS CO LTD 2.0 %
ALIBABA GROUP HOLDING LTD. 1.9 %
HDFC BANK LIMITED 1.3 %
MEITUAN DIANPING 1.2 %
ICICI BANK LTD 0.9 %
INFOSYS TECHNOLOGIES LTD 0.8 %
HON HAI PRECISION INDUSTRY 0.8 %
Constituent Breakdown
Number of holdings2821
Herfindahl-Hirschman Index 107
Wgt avg mkt cap (mns)$135,772
Large cap (>$10bn)69.7%
Mid cap ($2-10bn)22.1%
Small cap (<$2bn)7.5%
Developed mkts.6.3%
Emerging mkts.93.6%
Country Exposure
CHINA 20.6 %
INDIA 20.3 %
TAIWAN 18.2 %
SOUTH KOREA 9.3 %
SAUDI ARABIA 3.9 %
BRAZIL 3.6 %
SOUTH AFRICA 2.4 %
HONG KONG 1.7 %
MALAYSIA 1.7 %
MEXICO 1.6 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 5.8% 9.8% 7.2% -1.3% 3.5% 3.2% 3.2%
Volatility 15.0% 14.9% 15.8% 18.0% 22.0% 20.2% --
Market Correlations
versus...BetaR-squared
S&P 5000.6948%
MSCI EAFE0.8368%
MSCI Emg Mkts1.01100%
Liquidity Measures
Avg. volume (000)9,295
Turnover0.6%
Avg. Bid/Ask (% of price)0.02%
ADV of underlying (mns)$75,813
Technical Indicators
Recent close$54.31
30d moving avg.$57.08
Annualized volatility17.6%
Relative strength (RSI)49
Short interest (ETF)0.9%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Risk and Returns: IEMG 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
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
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Book value per share -- -- -- -- -- -- --
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Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
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 --%
1.2 11.7 1.5 2.8% --
Based on closing prices from 11/29/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
IEMG



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™

IEMG

7.3%

Cat. Avg

7.6%


ALTAR Score™ Calculation

Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™ of 7.6% and a standard deviation of 4.0%. IEMG's ALTAR Score™ is approximately 0.1 standard deviations below the category average. This places IEMG in the 47th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

IEMG
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Passive
Emerging Market Equity ETFs
# of ETFs 53
Avg. Expense Ratio 52.8 bp
Std. Deviation 23.2 bp
IEMG (9 bp) Percentile rank 4
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
IEMG 9.0 2.1 11.1
Peer Avg. 37.4 12.8 50.3
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .