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Ishares Msci Emerging Markets Index
The iShares MSCI Emerging Markets ETF (EEM) is an exchange-traded fund (ETF) that tracks the MSCI Emerging Markets Index, which is a widely followed index of emerging market equities. The fund is designed to provide investors with exposure to a broad range of emerging market stocks, representing approximately 800 constituents from 24 countries.
Here are some key statistics and growth metrics for the iShares MSCI Emerging Markets ETF (EEM):
1. Market Capitalization: As of March 2023, the market capitalization of EEM is around $38.3 billion.
2. Average Daily Trading Volume: The average daily trading volume of EEM is around 52.7 million shares.
3. Distribution Yield: The 12-month distribution yield for EEM is around 2.8%.
4. Net Asset Value (NAV): The NAV of EEM is around $38.87 as of March 2023.
5. Holdings: The fund holds a diversified portfolio of 813 stocks, with the top 10 holdings accounting for around 23.6% of the total assets. The largest holding is Taiwan Semiconductor Manufacturing Company Limited (TSM), which accounts for around 5.4% of the fund's assets.
6. Sector Breakdown: The fund's holdings are diversified across various sectors, with Information Technology being the largest sector, accounting for around 28.7% of the fund's assets, followed by Financials (21.6%), Consumer Discretionary (13.6%), and Consumer Staples (10.7%).
7. Geographic Breakdown: The fund's holdings are diversified across 24 countries, with the largest allocation to China (29.2%), followed by South Korea (16.2%), Taiwan (13.5%), and India (12.2%).
8. Year-to-Date (YTD) Return: As of March 2023, the YTD return for EEM is around 7.2%.
9. 5-Year Return: The 5-year return for EEM is around 3.5%.
10. Expenses: The expense ratio for EEM is 0.13%.
11. Dividend Yield: The 12-month dividend yield for EEM is around 2.8%.
12. P/E Ratio: The forward P/E ratio for EEM is around 14.9.
13. Price-to-Book (P/B) Ratio: The P/B ratio for EEM is around 2.3.
14. Earnings Growth: The estimated earnings growth for EEM is around 10.6% for the next five years.
15. Valuation: EEM is currently trading at a discount to its historical average valuation, with a price-to-earnings ratio (P/E) of around 14.9, which is slightly lower than its five-year average P/E of 15.3.
Overall, the iShares MSCI Emerging Markets ETF (EEM) is a popular and liquid ETF that offers investors exposure to a diversified portfolio of emerging market stocks. While the fund has underperformed the US market in recent years, it has the potential to benefit from the long-term growth prospects of emerging markets. However, investors should be aware that emerging market equities can be volatile and subject to various risks, such as geopolitical tensions, currency fluctuations, and economic instability. Therefore, it is essential to conduct thorough research and consult with a financial advisor before making an investment decision.