(IEMG) iShares Core MSCI Emerging - Ratings and Ratios

The iShares Core MSCI Emerging Markets ETF (NYSE ARCA:IEMG) is mandated to allocate at least 80% of its net assets to the securities that compose its benchmark index-or to securities whose economic characteristics are substantially identical to those components. The underlying MSCI Emerging Markets Index captures the performance of large-, mid- and small-cap equities across a broad set of emerging economies.

As of the most recent public filing (Q2 2025), IEMG manages roughly **$71 billion** in assets with an **expense ratio of 0.11%**, placing it among the lowest-cost broad emerging-market ETFs. The top five holdings-**Taiwan Semiconductor Manufacturing Co., Tencent Holdings, Samsung Electronics, Alibaba Group, and Meituan**-account for about **12%** of the portfolio, reflecting heavy weighting toward **technology and consumer discretionary** sectors. Sector exposure is roughly **20% financials, 15% technology, 12% consumer discretionary, and 10% materials**, aligning with the global demand for digital infrastructure and commodity inputs in emerging economies.

Key macro drivers that historically lift IEMG’s performance include **China’s GDP growth trajectory**, which still contributes ~ 30% of the index’s market cap, and **commodity price cycles**, which boost exposure to resource-rich countries like Brazil and South Africa. Conversely, the fund is sensitive to **currency volatility** (especially the Chinese yuan and Brazilian real) and **political risk** in markets with less mature regulatory frameworks, factors that can amplify tracking error relative to the index.

For a deeper, data-driven breakdown of IEMG’s risk-adjusted returns and how its factor profile compares to peers, you might explore the analytics on **ValueRay**, which aggregates real-time metrics to help you assess whether the ETF fits your risk-return objectives.