Equity: Emerging Markets - Total Market
ETF.com Insight
With 70 ETFs and over $206.40B in combined AUM, the Equity: Emerging Markets - Total Market segment provides exposure to the Emerging Markets space with a focus on Total Market securities.
Year-to-date, the best-performing ETF in the segment is the OneAscent Emerging Markets ETF (OAEM), with a total return of 9.47%. Meanwhile, the most popular ETF is the Vanguard FTSE Emerging Markets ETF (VWO) with $69.75BB in assets under management.
Investors should take a look at the iShares Core MSCI Emerging Markets ETF (IEMG). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. IEMG tracks a market-cap-weighted index of emerging-market firms, covering 99% of market capitalization. IEMG has an expense ratio of 0.09% and tracks the MSCI Emerging Markets Investable Market Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: Emerging Markets - Total Market segment is 71 out of 100, with the John Hancock Multifactor Emerging Markets ETF(JHEM) obtaining the highest rating of 92 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.47% per year, with the Vanguard FTSE Emerging Markets ETF (VWO) having the lowest expense ratio, charging investors 0.08% yearly.
Investors should look for funds with tight tracking, such as the iShares Core MSCI Emerging Markets ETF (IEMG), with a 12-month median tracking difference of -0.02%.
Tracking Difference (12 Month)
ETF.com Tradability Insight
The average tradability score in the Equity: Emerging Markets - Total Market segment is 55 out of 100, with the Avantis Emerging Markets Equity ETF(AVEM) obtaining the highest rating of 88 out of 100.
The iShares MSCI Emerging Markets ETF (EEM) is the undisputed segment leader when it comes to liquidity. The fund trades 1.34B in daily average volume. Investors should also find ample liquidity in the iShares Core MSCI Emerging Markets ETF (IEMG), with $624.35M in daily dollar volume.
Use limit orders to trade funds such as the First Trust BICK Index Fund(BICK), due to their double-digit market spreads.
ETF.com/ Block Liquidity
ETF.com Fit Insight
The MSCI Emerging Markets Investable Market Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to IEMG. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, EMFM follows a Vanilla strategy and obtains a low Fit score compared with our neutral benchmark.