IEMG — iShares Core MSCI Emerging Markets ETF

Overview

The iShares Core MSCI Emerging Markets ETF (IEMG) is an Emerging Markets fund issued by iShares with $161 billion in assets under management. Trading at a price of $80.30, the fund holds an overall rank of #8 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B+ with a score of 81.5/100. It offers a dividend yield of 1.45% while maintaining a low expense ratio of 0.09%. The fund operates within a category containing 4 ETFs tracked by ETFValuer, positioning it as a significant player among its peers. The substantial asset size and high ranking suggest broad investor adoption relative to the category size. Its cost structure and income profile are presented alongside its market valuation to provide a complete financial snapshot. The combination of high assets and a top-tier rank indicates a well-established vehicle within the emerging markets sector.

Over the last day, the fund posted a return of +0.64% before experiencing a decline of -3.07% over the one-week period. Monthly performance recovered to +2.94%, followed by a significant acceleration to +15.09% over three months and +16.13% over six months. Year-to-date gains reached +17.31%, while the one-year return climbed to +37.83%. The three-year return figure stands at +71.01%, indicating a strong long-term upward trajectory compared to shorter horizons. This pattern shows a divergence where short-term volatility was followed by sustained growth over the medium and long term. The data reflects a trend of deceleration in the one-month to six-month window before accelerating again in the one-year and three-year metrics.

The fund carries a High volatility label and a beta of 1.01, suggesting price movements that are slightly more sensitive than the broader market. A Sharpe ratio of 1.46 indicates a favorable risk-adjusted return profile relative to the volatility experienced. Despite the high volatility, the maximum drawdown was recorded at -17.21%, which defines the largest peak-to-trough decline observed. This combination of figures implies that while the fund experiences significant price swings, it has historically generated sufficient returns to compensate for that risk. The beta near 1.01 aligns with the high volatility label, confirming that the fund moves in tandem with market fluctuations. Investors should note that the Sharpe ratio of 1.46 remains robust even when accounting for the -17.21% maximum drawdown.

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

IEMG 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.

IEMG Performance History

How IEMG Compares to Other Emerging Markets ETFs