(IEMA) iShares MSCI EM USD EUR - Ratings and Ratios

The iShares MSCI EM UCITS ETF USD (Acc) EUR (AS:IEMA) is a Netherlands-domiciled exchange-traded fund listed on Euronext Amsterdam. It tracks the performance of the Morningstar Emerging Markets Target Market Exposure Net Return USD Index, providing exposure to emerging markets globally. The ETF is designed to replicate the indexs returns, primarily through direct investments in constituent securities. It employs a market-cap-weighted approach, meaning larger companies in the index have a greater influence on the funds performance. The fund is denominated in euros but holds assets in USD, making it a currency-hedged product for euro-based investors seeking exposure to emerging markets without direct currency risk.

From a technical standpoint, the ETF is trading near its 20-day SMA of 35.20, with a last price of 35.34, indicating short-term stability. The SMA 50 and SMA 200 are both above current levels, suggesting potential resistance at 37.15 and 37.16, respectively. The ATR of 0.74 reflects moderate volatility. Fundamentally, the funds AUM of 3.976 billion EUR underscores its popularity and liquidity. Over the next three months, the ETF is expected to remain range-bound, with support near 34.50 and resistance near 37.50. Emerging market equities may face headwinds from tighter global monetary policy but could benefit from improving risk sentiment and stabilization in key EM economies. The funds performance will likely correlate closely with broader EM equity trends.