iShares MSCI Emerging Markets ETF is a company in the U.S. stock market and it is a holding in 3 U.S.-traded ETFs. EEM has around 3.5M shares in the U.S. ETF market. The largest ETF holder of EEM is the iShares Currency Hedged MSCI Emerging Markets ETF (HEEM), with approximately 3.36M shares.
Currency-hedged emerging market ETFs aren't nearly as popular as classic total market funds, but they're sure delivering this year.
Each new ETF allocates assets among three indexes.
We take a look at which segments of the market outperformed and underperformed.
China isn't the only reason emerging market ETFs have been plunging.
Dennis Hudachek and Paul Britt review two funds: the iShares Currency Hedged MSCI Emerging Markets (HEEM), a currency-hedged take on emerging markets; and the Deep Value ETF (DVP), a very selective value play.
High interest rates in emerging markets are paid, not earned, for currency-hedged ETFs like HEEM and DBEM.