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EMXC

GradeBNASDAQ Global Market

iShares MSCI Emerging Markets ex China ETF

Major Indexes · IShares · Inception 2017-07-17 · SEC filings

$100.71−1.79 (−1.75%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 102.50 to 100.71. Range 100.23 to 101.63. Use the arrow keys to read each point.$100.50$101.00$101.5010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$26.2B
1Y return
+54.7%
Yield · Last 12 months
1.88%
Holdings
607
Volume · 30D
2.4M sh
NAV per share
$102.12
52W range
low $66.62high $107.12

The ETF.net EMXC Grade

B

61/ 100

Rank 2 of 5 in MSCI Emerging Markets Core⁠

Confidence Medium

Six-pillar profile for EMXC. Scores out of 100: Cost 63, Risk 34, Mission 100, Tradability 45, Holdings 35, Durability 47. Strongest: Mission (100). Weakest: Risk (34). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 63
    Category rank2/5 · top 40%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/3 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 34
    Category rank5/5 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank4/5 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 35
    Category rank5/5 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 47
    Category rank4/5 · bottom quartile

Graded as of Sep 22, 2026

Our read on EMXC

ETF.net Research

BLaunched in 2017, EMXC turns one decision into two: own large- and mid-cap emerging markets through a standard MSCI index, then size China on your own, separately. Roughly 600 stocks, one very large country deliberately absent.

Stated mandate

The fund seeks to track an index of large- and mid-cap companies across emerging markets while excluding China, providing diversified international equity exposure.

Why people hold it

  1. 01Costs 0.25% a year, well under the roughly 0.66% median in its MSCI emerging-markets cohort.
  2. 02A multi-billion-dollar, actively traded fund, one of the established ways to run the ex-China version of emerging markets.
  3. 03No bolted-on tilts. It follows the MSCI Emerging Markets ex China Index of roughly 600 large- and mid-cap names, and the mandate matches the label.ishares.com
  4. 04iShares frames it as keeping broad emerging-markets exposure while handling the China allocation separately, which fits investors who already own China elsewhere.ishares.com

Worth knowing

  1. 01The carve-out costs extra: IEMG covers broad emerging markets including China for 0.09%. Splitting the exposure also means two tickers to maintain.
  2. 02Emerging-market equities move hard in both directions, and cutting out one large market leaves the rest of the index carrying the whole load.
  3. 03Distributions arrive annually or semiannually, not monthly or quarterly.

EMXC Holdings

As of Sep 22, 2026, 4:02 AM
Asset class
Stocks
Holdings
607
Top-10 weight
43%
Largest holding
2330.TW19.3%

Sectors

  • Technology50.9%
  • Financials19.3%
  • Industrials6.7%
  • Materials6.3%
  • Energy3.3%
  • Communication3.3%
  • Consumer Discr.3.0%
  • Cons. Staples2.5%
  • Health Care2.0%
  • Utilities1.9%
  • Real Estate0.8%

Geography

  • Taiwan (Province of China)34.78%
  • Korea (the Republic of)26.15%
  • India13.74%
  • Brazil5.11%
  • South Africa3.34%
  • Saudi Arabia3.00%
  • Mexico2.05%
  • United Arab Emirates1.55%
  • Other countries (20)10.27%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 42.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR MANUFACTURING19.27%63,205,000$4.9B175
002005930.KSSAMSUNG ELECTRONICS LTD8.92%11,995,109$2.3B176
003000660.KSSK HYNIX7.50%1,417,030$1.9B184
0042454.TWMEDIATEK2.16%3,700,000$549M162
005005935.KSSAMSUNG ELECTRONICS NON VOTING PRE1.15%2,058,575$292M85
0062308.TWDELTA ELECTRONICS1.07%4,998,000$273M154
0072317.TWHON HAI PRECISION INDUSTRY0.98%31,489,200$248M114
008HDFCBANK.BOHDFC BANK0.87%28,948,286$221M71
009RELIANCE.BORELIANCE INDUSTRIES LTD0.74%14,778,818$189M71
010ICICIBANK.BOICICI BANK0.74%13,496,990$188M68
011402340.KSSK SQUARE0.73%236,850$185M111
0123711.TWASE TECHNOLOGY HOLDING0.68%8,570,000$172M115
013009150.KSSAMSUNG ELECTRO MECHANICS LTD0.57%143,656$144M112
0142303.TWUNITED MICRO ELECTRONICS CORP0.56%29,037,000$143M112
015BHARTIARTL.BOBHARTI AIRTEL LTD0.56%7,182,784$142M83

Showing 1–15 of 625 holdings

EMXC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EMXC$15,471
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EMXC $15,471. SPY $11,723. Use the arrow keys to read each point.$9,008$12,802$16,597Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EMXC. Periods over one year show the average yearly return.
PeriodEMXC
Year to date+41.8%
1 month+4.8%
3 months−3.7%
1 year+54.7%
3 years+29.9%per year
5 years+13.5%per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EMXC
YearReturn barEMXC
2026 YTD+41.8%
2025+35.1%
2024+2.7%
2023+19.0%
2022−19.6%
2021+8.6%
2020+11.6%

EMXC in the news

EMXC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.88%Last 12 months
Payout per share
$1.92Last 12 months
Last payment
$0.59 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 19 payments from 2017 to 2026 YTD. Dec 19, 2017 $0.53; Jun 19, 2018 $0.31; Dec 18, 2018 $0.89; Jun 17, 2019 $0.24; Dec 16, 2019 $1.43; Jun 15, 2020 $0.23; Dec 30, 2020 $0.01; Jun 10, 2021 $0.26; Dec 13, 2021 $0.78; Dec 30, 2021 $0.04; Jun 9, 2022 $0.51; Dec 13, 2022 $0.85; Jun 7, 2023 $0.38; Dec 20, 2023 $0.64; Jun 11, 2024 $0.49; Dec 17, 2024 $1.00; Jun 16, 2025 $0.71; Dec 16, 2025 $1.34; Jun 15, 2026 $0.59. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.59
Dec 16, 2025Dec 19, 2025$1.34
Jun 16, 2025Jun 20, 2025$0.71
Dec 17, 2024Dec 20, 2024$1.00
Jun 11, 2024Jun 17, 2024$0.49
Dec 20, 2023Dec 27, 2023$0.64
Jun 7, 2023Jun 13, 2023$0.38
Dec 13, 2022Dec 19, 2022$0.85
Jun 9, 2022Jun 15, 2022$0.51
Dec 30, 2021Jan 5, 2022$0.04
Dec 13, 2021Dec 17, 2021$0.78
Jun 10, 2021Jun 16, 2021$0.26

EMXC Risk

How much the fund’s monthly returns vary, scaled to a year.
19.3%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.12
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−28.9%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.19
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EMXC Cost

Expense ratio0.25%
  • The middle half of MSCI Emerging Markets Core funds
  • Median 0.66%

1 of the 5 MSCI Emerging Markets Core funds charge less.

EMXC costs $25.00 a year on $10,000. The median MSCI Emerging Markets Core fund costs $66.00.