IEMG · iShares Core MSCI Emerging Markets ETF

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$77.33
+1.5% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

IEMG tracks the MSCI Emerging Markets and returned +15.3% over the past year.

Equity fund · Tracks the MSCI Emerging Markets Investable Market Index (IMI)iShares ↗Expense ratio 0.09%Fund assets $150.4bn on Oct 27, 2026First traded Oct 24, 2012Benchmark MSCI Emerging Markets Index, measured by EEM, which tracks the same indexFund page at the issuer ↗SEC filings ↗Every iShares fund ETFIQ coversDividend history

IEMG charges 0.09% a year by its prospectus filed Dec 19, 2025 and returned +15.3% over the year to Oct 28, 2026.

Promise check: Not measuredNo other ETF tracks the index it names, so its tracking cannot be measured.

IEMG risk and return scorecard

vs EEM · Nov 2012 to Oct 2026 · 729 weekly returns · dividend-adjusted

14.0 years
IEMG +120.7%, EEM +101.2%, Nov 2012 to Oct 2026, distributions reinvested.
Return
MeasureIEMGEEMEdge
Total return+120.7%+101.2%IEMG
Annualized+5.8%+5.1%IEMG
Price return+56.0%+49.1%IEMG
Risk
MeasureIEMGEEMEdge
Volatility18.2%18.8%IEMG (slight)
Max drawdown−37.1%−39.1%IEMG (slight)
Upside capture94.6%100.0%EEM (slight)
Downside capture97.1%100.0%IEMG (slight)
Risk-adjusted
MeasureIEMGEEMEdge
Sharpe ratio0.300.26IEMG
Sortino ratio0.420.37IEMG
Alpha vs EEM
MeasureIEMGEEMEdge
Alpha, a year+0.7%IEMG
Alpha t-stat2.17
Beta to EEM0.961.00Lower beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Oct 23, 2026
Last 3 trading days
$0
Last month
−$883m
Last 3 months
+$2.2bn
Money in on 7 of the 63 trading days, out on 3.

What you earned

IEMG −5.3%, EEM −5.5%: total return over one month to Oct 28, 2026.
IEMG−5.3%
EEM−5.5%
IEMG +4.3%, EEM +4.0%: total return over three months to Oct 28, 2026.
IEMG+4.3%
EEM+4.0%
IEMG +1.3%, EEM +1.8%: total return over six months to Oct 28, 2026.
IEMG+1.3%
EEM+1.8%
IEMG +15.9%, EEM +16.7%: total return over the year to Oct 28, 2026.
IEMG+15.9%
EEM+16.7%
IEMG +15.3%, EEM +16.3%: total return over one year to Oct 28, 2026.
IEMG+15.3%
EEM+16.3%
IEMG +84.6%, EEM +86.8%: total return over three years to Oct 28, 2026.
IEMG+84.6%
EEM+86.8%
IEMG +43.4%, EEM +40.4%: total return over five years to Oct 28, 2026.
IEMG+43.4%
EEM+40.4%
IEMG +126.1%, EEM +114.3%: total return over ten years to Oct 28, 2026.
IEMG+126.1%
EEM+114.3%
IEMG +126.9%, EEM +108.7%: total return since launch to Oct 28, 2026.
IEMG+126.9%
EEM+108.7%

How concentrated, and what does it cost?

MSCI Emerging Markets Investable Market Index (IMI)
+15.3%
Total return, 1 year
0.09%
Expense ratio
2857
Holdings
−10.1%
Below its high
2.6%
12-month yield, capital gains included, on its starting price
$0.6584
Last payment (paid annually), ex-date Jun 15, 2026
Sector mix
Cost against like funds

More on IEMG

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Price and total return, 1 year

$77.33+1.5%1 day, priceClose, Oct 28, 2026

Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Last checked Oct 24, 2026. Report a data error

Points (pts) are percentage points.

IEMG returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (EEM)Gap to EEMS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026−5.3%−5.5%+0.2 pts+0.9%
3M Jul 29 – Oct 28, 2026+4.3%+4.0%+0.3 pts+6.1%
6M Apr 29 – Oct 28, 2026+1.3%+1.8%−0.5 pts+9.1%
YTD Dec 31, 2025 – Oct 28, 2026+15.9%+16.7%−0.8 pts+14.1%
1Y Oct 28, 2025 – Oct 28, 2026+15.3%+16.3%−1.0 pts+13.6%
3Y Oct 27, 2023 – Oct 28, 2026+84.6%+86.8%−2.2 pts+95.0%
5Y Oct 29, 2021 – Oct 28, 2026+43.4%+40.4%+3.0 pts+79.8%
10Y Oct 28, 2016 – Oct 28, 2026+126.1%+114.3%+11.8 pts+325.8%
Since launch Oct 24, 2012 – Oct 28, 2026+126.9%+108.7%+18.2 pts+596.9%
Since launch, annualised Oct 24, 2012 – Oct 28, 2026+6.0%–––

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Daily data · as of Oct 23, 2026

IEMG: in the year to Oct 23, 2026, net $20.4bn came in; in the month to Oct 23, 2026, $883m went out.

3D
$0
0.0% of $152.4bn on Oct 20, 2026
Oct 21, 2026 to Oct 23, 2026
1M
−$883m
−0.5% of $163.7bn on Sep 25, 2026
Sep 28, 2026 to Oct 23, 2026
3M
+$2.2bn
1.5% of $149.8bn on Jul 27, 2026
Jul 28, 2026 to Oct 23, 2026
YTD
+$13.1bn
10.9% of $120.1bn on Dec 31, 2025
Jan 2, 2026 to Oct 23, 2026
1Y
+$20.4bn
17.7% of $114.9bn on Oct 27, 2025
Oct 28, 2025 to Oct 23, 2026
Since Sep 2019
+$55.7bn
Sep 1, 2019 to Oct 23, 2026
SEC filings, then daily counts
Net flow each trading day
Net flow into IEMG each trading day, Jul 28, 2026 to Oct 23, 2026+$797m+$321m+$573m+$441m+$145m+$294m+$501m−$343m−$393m−$146m+$797m−$797mJul 28, 2026Oct 23, 2026

IEMG, net flow each trading day over the 63 sessions from Jul 28, 2026 to Oct 23, 2026: money came in on 7 days and went out on 3 days.

Money in on 7 of the 63 trading days, out on 3.

Net flow into IEMG each trading day, Oct 28, 2025 to Oct 23, 2026+$288m+$123m+$527m+$566m+$403m+$123m+$287m+$366m+$282m+$558m+$677m+$514m+$278m+$241m+$241m+$1.8bn+$323m+$1.2bn+$168m+$755m+$297m+$507m+$1.3bn+$384m+$717m+$639m+$560m+$302m+$260m+$441m+$579m+$399m+$392m+$174m+$178m+$178m+$767m+$408m+$92.8m+$184m−$121m−$154m−$155m−$236m+$152m+$185m+$797m+$321m+$573m+$441m+$145m+$294m+$501m−$343m−$393m−$146m+$1.8bn−$1.8bnOct 28, 2025Oct 23, 2026

IEMG, net flow each trading day over the 249 sessions from Oct 28, 2025 to Oct 23, 2026: money came in on 49 days and went out on 7 days.

Money in on 49 of the 249 trading days, out on 7.

Net flow into IEMG each trading day, Mar 24, 2025 to Oct 23, 2026+$137m+$141m+$1.1bn+$209m+$484m+$139m+$463m+$431m+$179m+$323m+$360m+$618m+$179m+$180m+$146m+$258m+$223m+$74.0m+$186m+$113m+$534m+$155m+$351m+$315m+$592m+$157m+$243m+$288m+$123m+$527m+$566m+$403m+$123m+$287m+$366m+$282m+$558m+$677m+$514m+$278m+$241m+$241m+$1.8bn+$323m+$1.2bn+$168m+$755m+$297m+$507m+$1.3bn+$384m+$717m+$639m+$560m+$302m+$260m+$441m+$579m+$399m+$392m+$174m+$178m+$178m+$767m+$408m+$92.8m+$184m−$121m−$154m−$155m−$236m+$152m+$185m+$797m+$321m+$573m+$441m+$145m+$294m+$501m−$343m−$393m−$146m+$1.8bn−$1.8bnMar 24, 2025Oct 23, 2026

IEMG, net flow each trading day over the 400 sessions from Mar 24, 2025 to Oct 23, 2026: money came in on 76 days and went out on 7 days.

Money in on 76 of the 400 trading days, out on 7.

Money in, netMoney out, net
Among its peers · 1 month
1st largest outflow of 18 Emerging markets ETFs counted all month: EMXC +$2.5bn at the top end, IEMG −$883m at the other.
Checked against the filing
May 2026: ETFIQ’s daily sum $0; IEMG’s SEC N-PORT, item B.6, $0. Matches the SEC filing for May 2026. Its next filing is due by Oct 30, 2026.

Computed by ETFIQ from iShares’s daily data: each day’s change in shares outstanding times the previous day’s net asset value.

How this is computed

Percentages are of net assets at the start of each window. Numbers are net: money in less money out. Checked against the filing: The month’s daily sum and the filing’s B.6 number agree within rounding or, where the filing’s is larger, within rounding plus the fund’s creation and redemption fees. The full rule is in the fund’s flows file. Every day and month ETFIQ holds for IEMG, back to Sep 2019, is in its flows file. Flows across every fund · How these flows are computed · Compare IEMG with other funds in the flows tool

Every trading day, last 3 months63 days
Oct 23, 2026 $0
Oct 22, 2026 $0
Oct 21, 2026 $0
Oct 20, 2026 $0
Oct 19, 2026 $0
Oct 16, 2026 $0
Oct 15, 2026 $0
Oct 14, 2026 $0
Oct 13, 2026 $0
Oct 12, 2026 $0
Oct 9, 2026 $0
Oct 8, 2026 $0
Oct 7, 2026 $0
Oct 6, 2026 $0
Oct 5, 2026 $0
Oct 2, 2026 $0
Oct 1, 2026 −$146m
Sep 30, 2026 −$393m
Sep 29, 2026 −$343m
Sep 28, 2026 $0
Sep 25, 2026 $0
Sep 24, 2026 $0
Sep 23, 2026 $0
Sep 22, 2026 $0
Sep 21, 2026 $0
Sep 18, 2026 $0
Sep 17, 2026 $0
Sep 16, 2026 $0
Sep 15, 2026 $0
Sep 14, 2026 $0
Sep 11, 2026 $0
Sep 10, 2026 $0
Sep 9, 2026 +$501m
Sep 8, 2026 $0
Sep 4, 2026 $0
Sep 3, 2026 $0
Sep 2, 2026 $0
Sep 1, 2026 +$294m
Aug 31, 2026 $0
Aug 28, 2026 $0
Aug 27, 2026 $0
Aug 26, 2026 $0
Aug 25, 2026 +$145m
Aug 24, 2026 +$441m
Aug 21, 2026 $0
Aug 20, 2026 $0
Aug 19, 2026 $0
Aug 18, 2026 $0
Aug 17, 2026 $0
Aug 14, 2026 $0
Aug 13, 2026 $0
Aug 12, 2026 $0
Aug 11, 2026 +$573m
Aug 10, 2026 $0
Aug 7, 2026 $0
Aug 6, 2026 $0
Aug 5, 2026 $0
Aug 4, 2026 $0
Aug 3, 2026 $0
Jul 31, 2026 +$321m
Jul 30, 2026 +$797m
Jul 29, 2026 $0
Jul 28, 2026 $0

Most recent first.

Week by week, last year52 weeks
Oct 23, 2026 $0
Oct 16, 2026 $0
Oct 9, 2026 $0
Oct 2, 2026 −$883m
Sep 25, 2026 $0
Sep 18, 2026 $0
Sep 11, 2026 +$501m 4 days
Sep 4, 2026 +$294m
Aug 28, 2026 +$585m
Aug 21, 2026 $0
Aug 14, 2026 +$573m
Aug 7, 2026 $0
Jul 31, 2026 +$1.1bn
Jul 24, 2026 +$185m
Jul 17, 2026 $0
Jul 10, 2026 $0
Jul 2, 2026 $0 4 days
Jun 26, 2026 $0
Jun 18, 2026 +$152m 4 days
Jun 12, 2026 −$236m
Jun 5, 2026 −$309m
May 29, 2026 $0 4 days
May 22, 2026 $0
May 15, 2026 $0
May 8, 2026 $0
May 1, 2026 $0
Apr 24, 2026 $0
Apr 17, 2026 $0
Apr 10, 2026 $0
Apr 2, 2026 −$121m 4 days
Mar 27, 2026 $0
Mar 20, 2026 $0
Mar 13, 2026 $0
Mar 6, 2026 +$184m
Feb 27, 2026 +$501m
Feb 20, 2026 $0 4 days
Feb 13, 2026 +$1.1bn
Feb 6, 2026 +$566m
Jan 30, 2026 +$2.0bn
Jan 23, 2026 +$1.9bn 4 days
Jan 16, 2026 +$3.3bn
Jan 9, 2026 +$1.4bn
Jan 2, 2026 +$323m 4 days
Dec 26, 2025 $0 4 days
Dec 19, 2025 +$1.8bn
Dec 12, 2025 $0
Dec 5, 2025 +$482m
Nov 28, 2025 +$792m 4 days
Nov 21, 2025 +$1.5bn
Nov 14, 2025 +$1.2bn
Nov 7, 2025 +$1.1bn
Oct 31, 2025 +$411m 4 days

Net flow into IEMG each week, Oct 28, 2025 to Oct 23, 2026, most recent first, each week named by its last trading day with data. Computed by ETFIQ.

Month by month, money in and money outNov 2023 to Oct 2026

IEMG, money in and money out each month from Nov 2023 to Sep 2026: two bars a month, money in above the line and money out below. Bars for Nov 2023 to May 2026 are from IEMG’s SEC filings (N-PORT item B.6), and for Jun 2026 to Sep 2026 ETFIQ’s sums of its days. Oct 2026 is still in progress, so it is in the list and not drawn. Of the 36 months listed, money came in on net in 20 and went out in 5.

Bars for Nov 2023 to May 2026 are from IEMG’s SEC filings (N-PORT item B.6), and for Jun 2026 to Sep 2026 ETFIQ’s sums of its days. Of the 36 months listed, money came in on net in 20 and went out in 5.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 1 to Oct 23$0−$146m−$146m
Sep 2026 ETFIQ, the sum of its days+$796m−$736m+$59.6m
Aug 2026 ETFIQ, the sum of its days+$1.2bn$0+$1.2bn
Jul 2026 ETFIQ, the sum of its days+$1.3bn$0+$1.3bn
Jun 2026 ETFIQ, the sum of its days+$152m−$545m−$393m
May 2026 SEC Form N-PORT$0$0$0
Apr 2026 SEC Form N-PORT$0−$244k−$244k
Mar 2026 SEC Form N-PORT+$184m−$122m+$62.0m
Feb 2026 SEC Form N-PORT+$2.2bn$0+$2.2bn
Jan 2026 SEC Form N-PORT+$8.8bn$0+$8.8bn
Dec 2025 SEC Form N-PORT+$2.3bn$0+$2.3bn
Nov 2025 SEC Form N-PORT+$4.6bn$0+$4.6bn
Oct 2025 SEC Form N-PORT+$654m$0+$654m
Sep 2025 SEC Form N-PORT+$2.2bn$0+$2.2bn
Aug 2025 SEC Form N-PORT+$186m$0+$186m
Jul 2025 SEC Form N-PORT+$2.4bn$0+$2.4bn
Jun 2025 SEC Form N-PORT+$3.1bn$0+$3.1bn
May 2025 SEC Form N-PORT+$137m$0+$137m
Apr 2025 SEC Form N-PORT$0$0$0
Mar 2025 SEC Form N-PORT+$945m$0+$945m
Feb 2025 SEC Form N-PORT+$1.8bn$0+$1.8bn
Jan 2025 SEC Form N-PORT$0$0$0
Dec 2024 SEC Form N-PORT+$256m$0+$256m
Nov 2024 SEC Form N-PORT+$401m$0+$401m
Oct 2024 SEC Form N-PORT$0$0$0
Sep 2024 SEC Form N-PORT+$662m−$253m+$409m
Aug 2024 SEC Form N-PORT$0−$341m−$341m
Jul 2024 SEC Form N-PORT$0$0$0
Jun 2024 SEC Form N-PORT$0$0$0
May 2024 SEC Form N-PORT$0$0$0
Apr 2024 SEC Form N-PORT$0$0$0
Mar 2024 SEC Form N-PORT$0$0$0
Feb 2024 SEC Form N-PORT$0$0$0
Jan 2024 SEC Form N-PORT$0$0$0
Dec 2023 SEC Form N-PORT+$1.5bn$0+$1.5bn
Nov 2023 SEC Form N-PORT$0−$111m−$111m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s daily share counts and net asset values, and its SEC N-PORT filings. Data as of Oct 23, 2026.

IEMG key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$86.00 on Jun 22, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$64.72 on Dec 17, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$77.33, 59% of the way from the low to the high
Beta to its benchmark, 1 year (ETFIQ)0.97, against EEM
R-squared, the same days (ETFIQ)1.00
Beta and R-squared measured over251 daily total returns, Oct 29, 2025 to Oct 28, 2026
Holdings2857
Top ten weight32.7%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 28, 2026
Trading · IEMGas of Oct 28, 2026
·
Not scored3 of 6 measured · Oct 28, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
Premium or discount to NAV, Oct 28 close−0.35%
−1%95% of days within ±0.76%+1%
How to tradeSpread not read.Its holdings close before New York; its price can drift from value late in the day.
Full trading page: components, premium history, dealers →

IEMG top ten by weight, 32.7% of the fund, of its 2,857 equity positions, from the holdings published by its issuer for Oct 27, 2026. An index fund holds what the index holds, so this is the index. Source: the issuer’s own daily file.

Source: iShares’s daily holdings file. Data as of Oct 27, 2026. Updated each trading day. Last checked Oct 28, 2026.

About IEMG

What it tracksMSCI Emerging Markets Investable Market Index (IMI)
Fund typeEquity fund
Category (ETFIQ)Stocks · Emerging markets
Expense ratio (485BPOS XBRL, Dec 19, 2025)0.09%
Price$77.33
First tradedOct 24, 2012
Net assets (the issuer’s own daily fund list, as of Oct 27, 2026)$150.4bnReport
Benchmark (ETFIQ, from its filings)MSCI Emerging Markets Index, measured by EEM, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Nov 5, 2025
IEMG, 1 year to Oct 28, 2026+15.3%
EEM, the same days+16.3%
Against its benchmark, 1 year (ETFIQ)−1.0 pts
Below its high (ETFIQ)−10.1%
Holdings2857
Top ten weight32.7%
Holdings published for (the issuer’s daily file)Oct 27, 2026
Holdings as of the close of (the issuer’s daily file)Oct 27, 2026
Already in the S&P 500, by weight (ETFIQ)0.0%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.3%
IQ Investment Committee on IEMG

12 seats on IEMG, as of Oct 28, 2026: 1 Supports, 3 Mixed, 2 Challenges, 6 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationSupports
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatMixed
Put IEMG to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about IEMG

How has IEMG performed?
Over the year to Oct 28, 2026, IEMG returned +15.3% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. Over three years the number is +84.6%.
What does IEMG cost?
The prospectus expense ratio is 0.09% a year.
What does IEMG hold?
2,857 positions as published by its issuer for Oct 27, 2026, with the top ten at 32.7% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is IEMG below its high?
10.1% below its high of Jun 22, 2026, measured on the reinvested series to Oct 28, 2026.
What is the expense ratio of IEMG?
IEMG's expense ratio is 0.09% a year, read from 485BPOS XBRL, Dec 19, 2025.
Sources and dates
Prices, IEMG, Benchmark (EEM) and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Net assets, $150.4bnThe issuer’s own daily fund list · Oct 27, 2026

Links are sources, not endorsements.

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ETFIQ, IEMG, stock fund, data as of Oct 28, 2026. https://etfiq.com/funds/iemg

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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IEMG: IEMG over 1 year: total return +15.3%, its benchmark MSCI Emerging Markets Index through EEM +16.3%, −1.0 pts. Data to Oct 28, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/iemg"><img src="https://etfiq.com/assistant/api/embed/core/iemg.svg" alt="IEMG: IEMG over 1 year: total return +15.3%, its benchmark MSCI Emerging Markets Index through EEM +16.3%, −1.0 pts. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">IEMG: IEMG over 1 year: total return +15.3%, its benchmark MSCI Emerging Markets Index through EEM +16.3%, −1.0 pts. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/iemg">ETFIQ</a></figcaption>
</figure>

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