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
$ 136.5 B
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Inception date | Oct 18, 2012 |
| 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 | 11.7 % |
| SAMSUNG ELECTRONICS CO LTD | 4.7 % |
| TENCENT HOLDINGS LTD | 3.4 % |
| HYNIX SEMICONDUCTOR INC | 2.8 % |
| ALIBABA GROUP HOLDING LTD. | 2.3 % |
| RELIANCE INDUSTRIES LTD | 0.9 % |
| CHINA CONSTRUCTION BANK-H | 0.8 % |
| DELTA ELECTRONICS INC | 0.8 % |
| HDFC BANK LIMITED | 0.8 % |
| ICICI BANK LTD | 0.7 % |
Constituent Breakdown
| Number of holdings | 2659 |
| Herfindahl-Hirschman Index | 197 |
| Wgt avg mkt cap (mns) | $235,396 |
| Large cap (>$10bn) | 66.2% |
| Mid cap ($2-10bn) | 15.6% |
| Small cap (<$2bn) | 4.7% |
| Developed mkts. | 2.6% |
| Emerging mkts. | 85.8% |
Sector Breakdown
Country Exposure
 |
TAIWAN | 22.2 % |
 |
CHINA | 18.1 % |
 |
SOUTH KOREA | 15.4 % |
 |
INDIA | 12.5 % |
 |
BRAZIL | 4.0 % |
 |
SAUDI ARABIA | 2.9 % |
 |
SOUTH AFRICA | 2.7 % |
 |
MEXICO | 1.7 % |
 |
HONG KONG | 1.6 % |
 |
MALAYSIA | 1.4 % |
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 | 14.2% | 43.6% | 23.5% | 17.5% | 3.5% | 7.6% | -- | 3.4% |
| Dividend Yield | 0.0% | 4.3% | 3.8% | 3.6% | 3.0% | 3.0% | -- | 2.7% |
| Total Returns | 14.2% | 47.9% | 27.3% | 21.0% | 6.5% | 10.5% | -- | 6.1% | Ann. Volatility | 16.7% | 17.6% | 16.4% | 15.8% | 17.6% | 19.7% | -- | 19.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.69 | 57% |
| MSCI EAFE | 0.88 | 66% |
| MSCI Emg Mkts | 0.98 | 100% |
Liquidity Measures
| Avg. volume (000) | 21,038 |
| ADV traded (mns) | $1,479 |
| Turnover | 1.1% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| 30d moving avg. (EMA) | $71.31 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -1.20/-0.89 |
| Bollinger Bands (Upper/Lower) | $74.25/$67.42 |
| Short interest (% of AUM) | 0.9% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IEMG |
Expenses vs. IEMG |
ALTAR Score™ vs. IEMG |
|---|---|---|---|---|
| EEM | iShares MSCI Emerging Markets ETF | 80.2% | +60 bp | -0.2% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 75.2% | +57 bp | -1.0% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF | 75.0% | +21 bp | 0.0% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 74.6% | +2 bp | -0.3% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 74.0% | +27 bp | -0.6% |
| DFAE | Dimensional Emerging Core Equity Market ETF | 72.9% | +26 bp | -1.3% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 72.7% | +6 bp | -0.1% |
| VWO | Vanguard FTSE Emerging Markets ETF | 70.7% | -2 bp | +0.7% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 65.0% | +61 bp | -1.0% |
| FLAX | Franklin FTSE Asia Ex Japan ETF | 64.7% | +10 bp | -1.0% |
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 (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 4/2/2026
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
10.0%
ALTAR SCORE™
79th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 199 funds in the Emerging Equity category with an average
ALTAR Score™ of 8.2% and a standard deviation
of 2.3%. IEMG's ALTAR Score™ is approximately 0.8 standard
deviations above the category average. This places IEMG in the 79th percentile
among funds in the category.
Sell-Side Consensus
$87
PRICE TARGET
+23.8%
UPSIDE