Skip to content
← All ETFs
EEM

iShares MSCI Emerging Markets ETF

Tracks the MSCI Emerging Markets Index, the original and most widely-followed EM benchmark. More expensive than VWO/IEMG but with longer track record (since 2003). MSCI includes South Korea as emerging, unlike FTSE.

TER
0.69%
AUM
$18B
CAGR
9.7%
Volatility
21.0%
Max Drawdown
-60.4%
Data Range
2003-04 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD0.0%
Worst DD-60.4%
Worst date2009-02

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return6.6%
Best45.6%
Worst-11.5%
% positive71%
241 periods

Key Facts

ISIN
US4642872349
Issuer
BlackRock
Benchmark
MSCI Emerging Markets Index
Total Expense Ratio (TER)
0.69%
Assets Under Management
$18B approx.
Inception Date
2003-04-07
Domicile
United States
Legal Structure
Open-Ended Fund
Dividend Policy
Distributing (pays dividends)
Replication Method
Physical (Optimized Sampling)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
~1,200

Top 10 Holdings

Top 10 represent 24.9% of the fund.

1
TSMTaiwan Semiconductor
7.50%
2
TCEHYTencent Holdings
4.00%
3
005930.KSSamsung Electronics
3.50%
4
BABAAlibaba Group
2.80%
5
PDDPDD Holdings
1.60%
6
RELIANCEReliance Industries
1.40%
7
MEITUANMeituan
1.30%
8
INFYInfosys Ltd.
1.00%
9
ICICIBANKICICI Bank
0.90%
10
JDJD.com Inc.
0.85%

Sector Breakdown

Technology
24%
Financials
21%
Consumer Discretionary
13%
Communication Services
9%
Materials
6%
Energy
6%
Industrials
6%
Consumer Staples
5%

Source: Official issuer data · Last updated: 2026-04-17

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Investors seeking growth exposure to emerging economies (China, India, Brazil, Taiwan, etc.).

Key Risks to Consider

Market risk: equity values can drop 30-50% in severe bear markets.

Political and currency risk in emerging markets. Higher volatility than developed markets.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Related Tools

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), BlackRock (metadata)Last verified: 2026-04-17