Summary
iShares MSCI Emerging Markets ex China ETF is an ETF - a fund traded on an exchange like a stock - run by IShares. Positions inside: 650. The ten largest make up 41% of the fund.
- Yearly costs
- 0.25%
- Fund size
- $24.5B
- Positions
- 650
- Dividend yield
- 2.08%
- Running since
- 2017
What speaks for it
- Costs of 0.25% a year are below the middle of comparable funds (0.44%).
- A large fund with $24.5B under management.
- Easy to buy and sell: about $215.2M changes hands a day.
- Average yearly growth over the last five years: 8.2%.
What to watch
- In the last five years its price once dropped by 30% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -7.0%
- 3 months
- +0.5%
- This year
- +27%
- 1 year
- +31%
- 3 years
- +87%
- 5 years
- +48%
- Avg. market cap
- $964.0B
- P/E
- 13.4x
- Forward P/E
- 11.8x
- P/S
- 3.4x
- P/B
- 3.5x
- P/FCF
- 16.9x
- EV/EBITDA
- 9.4x
- Dividend yield
- 0.91%
- ROIC
- 22.8%
- ROE
- 38.7%
- Gross margin
- 56.5%
- Operating margin
- 43.2%
- Net margin
- 22.1%
- Payout ratio
- 12.2%
- Net debt/EBITDA
- -0.3x
- Beta
- 1.19
Weighted average of the 50 largest companies, which make up 58% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 20%
- 2 00Samsung Electronics Co., Ltd. 005930.KS 7.9%
- 3 00SK hynix Inc. 000660.KS 5.6%
- 4 24MediaTek Inc. 2454.TW 2.0%
- 5 23Delta Electronics, Inc. 2308.TW 1.1%
- 6 00Samsung Electronics Co., Ltd. 005935.KS 1.0%
- 7 23Hon Hai Precision Industry Co., Ltd. 2317.TW 1.0%
- 8 HDHDFC Bank Limited HDFCBANK.NS 0.9%
- 9 ICICICI Bank Limited ICICIBANK.NS 0.8%
- 10 REReliance Industries Limited RELIANCE.NS 0.8%
Positions in the fund: 650. The ten largest make up 41% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Industrials 6.3%
- Energy 3.8%
- Utilities 2.0%
- Real estate 0.9%
- Other 87%
By country
- India 13%
- Brazil 5.8%
- South Africa 3.1%
- Saudi Arabia 2.8%
- Other countries 75%
By company size
- Mega cap 39%
- Large cap 53%
- Mid cap 7.5%
- Small cap 0.08%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest sector: Industrials (6.3%). Largest country: India (13%). Largest size group: Large cap (53%).
What does it cost me?
Cheap- A year from $10,000
- $25.00
- Over 20 years
- $1,235
From every $10,000 invested the fund takes $25.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,235.
How has it done?
Growing over the long run- A year on average, 5 years
- +8.2%
- Deepest drop
- -30%
- Yearly volatility
- 29%
Average yearly growth over the last five years: 8.2%. Deepest drop in these years: 30% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.08%
- Payments a year
- 2
- Last payment
- $0.59
Over the last 12 months it paid $1.92 per share, which is 2.08% of today's price. The last payment was $0.59 on Jun 15, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $215.2M
- Shares a day
- 2.3M
On an average day about $215.2M of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 13.4
- Average Bulios Score
- 78 out of 100
Weight by Bulios Fair Price
- Undervalued 17%
- Fairly valued 0.5%
- Overvalued 83%
On average the companies inside trade for 13.4 times their yearly profit. By Fair Price, 83% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 58% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IX IXSRF iShares MSCI EM ex-China UCITS ETF | Ireland | 0.18% | $5.24B | +35% | Reinvests | 92% |
EX EXCH.AS iShares MSCI EM ex-China UCITS ETF | Ireland | 0.18% | $5.25B | +35% | Reinvests | 92% |
EX EXCH.SW iShares MSCI EM ex-China UCITS ETF | Ireland | 0.18% | $5.25B | +35% | Reinvests | 92% |
EE EEM iShares MSCI Emerging Markets ETF | United States | 0.72% | $29.1B | +16% | Pays out | 79% |
HE HEEM iShares Currency Hedged MSCI Emerging Markets ETF | United States | 1.51% | $283.4M | +16% | Pays out | 78% |
IE IEMA.AS iShares MSCI EM UCITS ETF USD (Acc) | Ireland | 0.18% | $10.1B | +24% | Reinvests | 76% |
