iShares Core MSCI Emerging Markets ETF (IEMG): 2,853 Holdings and Technology Names at the Top

Sonal Goyal

27 October 2026 12:07 AM AEDT

iShares Core MSCI Emerging Markets ETF (IEMG): 2,853 Holdings and Technology Names at the Top

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Key Highlights

IEMG had net Assets of $148.52 billion as of 23 October 2026, and the fund's expense ratio is 0.09%.
The fund holds 2,853 securities and tracks the MSCI Emerging Markets Investable Market Index (USD) (Net).
The most recent distribution was $0.658439 per share, paid on 18 June 2026.

The iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) is a broad emerging markets fund with 2,853 holdings. On 23 October 2026 the fund had a NAV of $75.51 and a closing price of $75.74, and net assets stood at $148.52 billion. The NAV moved by +$0.22 (+0.29%) on the day.

The fund seeks to track an index of large-, mid- and small-cap equities from emerging markets, offering low-cost exposure to emerging economies. It is listed on NYSE Arca, has traded since 18 October 2012 and pays distributions semi-annual. This article sets out its structure, portfolio, costs and risk characteristics.

Fund Snapshot

iShares Core MSCI Emerging Markets ETF reported a NAV of $75.51 and a closing price of $75.74 on 23 October 2026, a premium of 0.30%. There were 1,966,800,000 shares outstanding, and the 30-day median bid/ask spread was 0.01%. Daily Volume was 12,556,582 shares, compared with a 30-day average of 10,877,323. The non-fair-value NAV was $75.77.

Index and Objective

The fund tracks the MSCI Emerging Markets Investable Market Index (USD) (Net) and is passively managed against it. Its stated aim is to track an index of large-, mid- and small-cap equities from emerging markets, offering low-cost exposure to emerging economies. The portfolio held 2,853 securities as of 23 October 2026. The fund may use exchange-traded Index Futures to offset cash and receivables while tracking its benchmark.

Top Holdings

The ten largest positions in the portfolio were Taiwan Semiconductor Manufacturing (13.88%), Samsung Electronics (5.86%), SK Hynix (4.10%), Tencent Holdings (2.33%), Alibaba Group Holding (1.61%), MediaTek (1.37%), China Construction Bank (H) (0.81%), Samsung Electronics non-voting preferred (0.78%), Delta Electronics (0.72%), Hon Hai Precision Industry (0.71%). Together they represent 32.17% of the fund.

Emerging Markets Coverage

IEMG spans large-, mid- and small-cap companies in emerging markets, and its largest holding, Taiwan Semiconductor Manufacturing, is 13.88% of assets, more than twice the weight of the second, Samsung Electronics, at 5.86%. Technology and internet names occupy most of the top ten. The fund's Market Price was $75.74 against a NAV of $75.51, a premium of 0.30%, and it pays distributions twice a year.

Costs and Distributions

The total expense ratio stated in the prospectus is 0.09%. The fund's most recent distribution had a record and ex-date of 15 June 2026, was payable on 18 June 2026 and totalled $0.658439 per share, all from income. The prior distribution was $1.138936 per share, with a date of 16 December 2025.

Valuation and Risk Characteristics

As of 23 October 2026 the fund's portfolio had a P/E ratio of 17.99 and a P/B ratio of 2.35. As of 30 September 2026 its Equity Beta was 0.81 and its three-year Standard Deviation 15.23%. These figures describe the portfolio's valuation and sensitivity to market movements and are not forecasts. The fund notes that international investing involves risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial Volatility from adverse political, economic or other developments.

Morningstar Ratings

Morningstar gave the fund an overall rating of 3 stars, rated against 689 Diversified Emerging Markets funds as of 30 September 2026, and a Bronze Medalist Rating effective 27 April 2026.

The Fund in Brief

iShares Core MSCI Emerging Markets ETF (IEMG) reported 2,853 holdings, $148.52 billion in net assets and a 0.09% expense ratio as of 23 October 2026.

FAQs

Q: What does iShares Core MSCI Emerging Markets ETF (IEMG) track?

A: It tracks the MSCI Emerging Markets Investable Market Index (USD) (Net).

Q: What is the expense ratio of IEMG?

A: 0.09%.

Q: How many holdings does IEMG have?

A: 2,853 holdings as of 23 October 2026.

Q: How often does IEMG pay distributions?

A: Semi-annual. The latest was $0.658439 per share, payable 18 June 2026.

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