iShares MSCI EM ex-China UCITS ETF

iShares MSCI EM ex-China UCITS ETF

About

iShares MSCI EM ex-China UCITS ETF (IE00BMG6Z448) is a UCITS-compliant equity ETF tracking the MSCI Emerging Markets ex China Index. With a TER of 0.18%, it is competitively priced, reinvesting dividends. The fund holds 613 positions across 24 regions with 5.3B in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Overall 7.4 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 8.2 Tracking Difference: 10.0 · TD Consistency: 4.9 · Expense Ratio (TER): 5.8
Diversification (45%) 5.5 Holding Count: 6.7 · Country Concentration: 4.4 · Sector Concentration: 6.4
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

ISIN
Fund Size $5.3B
Issuer iShares
Distribution Re-Invests Dividends
Replication Physical
Inception Apr 2021
Base Currency USD
Index MSCI Emerging Markets ex China Index
Asset Class Equities
Category Chinese Equity

Costs

8.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
 
Metric Value
TER 0.18%
Tracking Difference (avg) 0.04%
TD Consistency (std dev) 0.18%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.14%
3 Months +0.32%
6 Months +45.06%
1 Year +74.48%
3 Years +119.20%
5 Years +85.31%
10 Years
YTD +38.59%
Since Inception +89.72%

Holdings

6.7
This fund holds 613 individual investments, offering moderate diversification compared to other ETFs.
#1
INTER RAO EES
0.34%
#2
Taiwan Semiconductor Manufacturing Co Ltd
0.18%
#3
Samsung Electronics Co Ltd
0.10%
#4
GAZPROM
0.10%
#5
SK hynix Inc
0.10%
#6
Sberbank of Russia PJSC
0.09%
#7
SURGUTNEFTEGAZ
0.06%
#8
SURGUTNEFTEGAZ PREF
0.06%
#9
ISHARES MSCI BRAZIL UCITS ET USDHA
0.04%
#10
UNITED COMPANY RUSAL
0.03%
View all holdings (50)
# Holding Ticker Weight
1 INTER RAO EES IRAO 33.99%
2 Taiwan Semiconductor Manufacturing Co Ltd 2330 18.11%
3 Samsung Electronics Co Ltd 005930 10.44%
4 GAZPROM GAZP 10.28%
5 SK hynix Inc 000660 9.63%
6 Sberbank of Russia PJSC SBER 9.40%
7 SURGUTNEFTEGAZ SNGS 6.33%
8 SURGUTNEFTEGAZ PREF SNGSP 6.14%
9 ISHARES MSCI BRAZIL UCITS ET USDHA 4BRZ 4.44%
10 UNITED COMPANY RUSAL RUAL 2.64%
11 Alrosa PJSC ALRS 2.30%
12 MediaTek Inc 2454 1.93%
13 NOVOLIPETSK STEEL NLMK 1.30%
14 MOSCOW EXCHANGE MOEX 1.30%
15 Delta Electronics Inc 2308 1.28%
16 TATNEFT TATN 1.24%
17 Samsung Electronics Co Ltd 005935 1.12%
18 SK Square Co Ltd 402340 1.03%
19 Rosneft Oil Co PJSC ROSN 1.02%
20 Hon Hai Precision Industry Co Ltd 2317 1.01%
21 HDFC Bank Ltd HDFCBANK 0.89%
22 Reliance Industries Ltd RELIANCE 0.81%
23 Samsung Electro-Mechanics Co Ltd 009150 0.80%
24 MOBILNYE TELESISTEMY MTSS 0.80%
25 NOVATEK NVTK 0.78%
26 ICICI Bank Ltd ICICIBANK 0.73%
27 ASE Technology Holding Co Ltd 3711 0.62%
28 Bharti Airtel Ltd BHARTIARTL 0.53%
29 Hyundai Motor Co 005380 0.51%
30 Yageo Corp 2327 0.51%
31 Al Rajhi Bank 1120 0.50%
32 United Microelectronics Corp 2303 0.50%
33 Elite Material Co Ltd 2383 0.49%
34 Saudi Arabian Oil Co 2222 0.41%
35 Anglogold Ashanti Plc ANG 0.40%
36 Unimicron Technology Corp 3037 0.39%
37 Accton Technology Corp 2345 0.37%
38 Naspers Ltd NPN 0.37%
39 CTBC Financial Holding Co Ltd 2891 0.36%
40 NK LUKOIL LKOH 0.36%
41 KB Financial Group Inc 105560 0.35%
42 Fubon Financial Holding Co Ltd 2881 0.35%
43 Grupo Mexico SAB de CV GMEXICOB 0.34%
44 Cathay Financial Holding Co Ltd 2882 0.33%
45 Infosys Ltd INFY 0.33%
46 Axis Bank Ltd AXISBANK 0.31%
47 Saudi National Bank/The 1180 0.31%
48 Quanta Computer Inc 2382 0.31%
49 OTP Bank Nyrt OTP 0.30%
50 DELTA ELECTRONICS (THAILAND) NON-V DELTA.R 0.30%

Sectors

6.4
This fund invests across 12 sectors, though some concentration exists in a few areas.
 
Sector Weight
Unknown 9891.00%
Technology 53.00%
Financials 26.00%
Industrials 7.00%
Materials 7.00%
Consumer Discretionary 4.00%
Communication Services 3.00%
Energy 3.00%
Consumer Staples 2.00%
Health Care 2.00%
Real Estate 1.00%
Utilities 1.00%

Regions

4.4
This fund is concentrated in just 25 countries, with significant geographic concentration.
 
Country Weight
UNKNOWN 9892.00%
Taiwan 33.00%
South Korea 30.00%
India 13.00%
Russia 13.00%
South Africa 4.00%
Saudi Arabia 3.00%
Mexico 2.00%
United Arab Emirates 1.00%
Chile 1.00%
Greece 1.00%
Indonesia 1.00%
Kuwait 1.00%
Malaysia 1.00%
Poland 1.00%
Qatar 1.00%
Thailand 1.00%
United States 1.00%
Colombia 0.00%
Czechia 0.00%
Egypt 0.00%
United Kingdom 0.00%
Hungary 0.00%
Philippines 0.00%
Türkiye 0.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-22 — 2026-06-19).
12.4%
Volatility
-19.1%
Max Drawdown
0.98
Sharpe Ratio
1.46
Sortino Ratio
0.64
Calmar Ratio
0.26
Beta
21.36%
Alpha (Jensen's)
0.054
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.

Broker Availability

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