EEM — iShares MSCI Emerging Markets ETF

Overview

The iShares MSCI Emerging Markets ETF (EEM) is an Emerging Markets fund issued by iShares with $30.3 billion in assets under management. Trading at $66.23, the fund holds an overall rank of #23 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 74.2/100. It charges an expense ratio of 0.72% and offers a dividend yield of 1.16%. The fund operates within a category containing 4 ETFs tracked by ETFValuer, positioning it as a significant player in the space. The substantial asset base suggests broad investor adoption relative to the limited number of peers in the Emerging Markets category. Its pricing and income profile reflect the standard characteristics of a large-cap emerging market exposure vehicle. The combination of high assets and a mid-tier rank indicates a widely utilized instrument despite not being the top-ranked option in its specific category.

Over the last day, the fund posted a return of +0.78% before experiencing a decline of -3.19% over the one-week period. The one-month return recovered to +3.07%, while the three-month horizon showed a significant acceleration to +16.17%. This upward momentum continued into the six-month period with a return of +17.08% and extended to year-to-date gains of +18.38%. The one-year return reached +40.48%, and the three-year return stands at +72.48%, indicating a strong long-term trend compared to shorter horizons. The data shows a pattern where short-term volatility was followed by sustained growth over the medium and long term. Recent performance metrics demonstrate a clear divergence between the weekly dip and the robust annual and three-year gains.

The fund carries a High volatility label and a beta of 1.03, suggesting price movements that are slightly more sensitive than the broader market. A Sharpe ratio of 1.53 indicates that the returns generated have been efficient relative to the risk taken over the measured period. However, the maximum drawdown of -17.29% highlights the potential for significant temporary losses during market downturns. This combination of high volatility and a beta above 1.0 implies the fund tends to amplify market moves in both directions. The strong Sharpe ratio suggests that despite the high drawdown risk, the fund has historically compensated investors well for that volatility. Investors should expect a profile characterized by larger swings in value alongside periods of substantial appreciation.

AI-generated summary based on the data on this page.

EEM Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 120.69 (as of 2026-07-02) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

EEM Performance History

How EEM Compares to Other Emerging Markets ETFs