IEMG
iShares Core MSCI Emerging Markets ETF · BlackRock
Intl & Global
1Y Return
+34.5%
Expense Ratio
0.09%
AUM
$157B
Dividend Yield
2.25%
Avg Annual Growth (10Y)
+5.6%
Issuer
BlackRock / iShares

Overview

iShares' low-cost EM ETF — broader than EEM as it includes small-cap emerging market stocks. Tracks MSCI Emerging Markets Investable Market Index with 2,700+ holdings.

Top Holdings

TickerHoldingWeight
2330TSMC7.4%
005930Samsung Electronics3.3%
TCEHYTencent Holdings3.2%
BABAAlibaba Group2.7%
RELIANCEReliance Industries2.3%
INFYInfosys Ltd.1.8%
3690Meituan1.6%
ICICIBCICICI Bank1.5%
PDDPDD Holdings1.4%
VALE3Vale S.A.1.3%

Fund Details

Index
MSCI Emerging Markets Investable Market
# Holdings
~2,700
Inception
Oct 2012
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Semi-Annual
Avg Annual Growth (10Y)
+5.6%
Avg Annual Yield (10Y)
1.63%

Investment Thesis

IEMG improves on EEM by broadening the investable universe to include small-cap emerging market companies, capturing more of the EM growth story at a fraction of EEM's cost. The 0.09% expense ratio versus EEM's 0.68% means IEMG saves investors over half a percent annually in fees. For BlackRock and iShares users who want comprehensive EM exposure without the cost premium of EEM, IEMG is the natural upgrade.

Who It's For

BlackRock and iShares users who want comprehensive, low-cost core emerging markets exposure that is broader than EEM and similarly priced to VWO. IEMG is particularly well-suited for investors in iShares-focused platforms or advisors who use iShares products as their primary ETF provider. An excellent long-term core EM allocation for cost-conscious investors within the iShares product family.

10-Year History

Annual Closing Price
YearClose% Chg
2016$42.18--
2017$54.82+30.0%
2018$48.18-12.1%
2019$53.28+10.6%
2020$56.42+5.9%
2021$66.18+17.3%
2022$50.42-23.8%
2023$52.18+3.5%
2024$57.42+10.0%
2025$62.82+9.4%
Annual Dividend Yield
YearYield
20161.82%
20171.62%
20181.92%
20191.72%
20201.52%
20211.38%
20221.72%
20231.58%
20241.48%
20251.52%
Annual AUM
YearAUM% Chg
2016$48B--
2017$72B+50.0%
2018$68B-5.6%
2019$72B+5.9%
2020$82B+13.9%
2021$108B+31.7%
2022$86B-20.4%
2023$100B+16.3%
2024$118B+18.0%
2025$128B+8.5%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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