- ISIN
- US46434G8895
- CUSIP
- 46434G889
- Issuer
- iShares
- Inception Date
- Dec 8, 2015
- Region
- Broad Asia (Pacific ex-Japan)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Emerging Markets Diversified Multiple-Factor Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $2B
Share Price Chart
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Performance
EMGF Performance Chart
iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) is up 33.0% since the beginning of the year. EMGF is currently trading at $76 per share. Investors who bought $1,000 worth of EMGF shares 5 years ago would now be looking at an investment worth $1,715.
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Returns By Period
iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) has returned 32.97% so far this year and 55.99% over the past 12 months. Over the last ten years, EMGF has returned 11.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
iShares Edge MSCI Multifactor Emerging Markets ETF
- 1D
- 0.55%
- 1M
- 8.68%
- YTD
- 32.97%
- 6M
- 34.74%
- 1Y
- 55.99%
- 3Y*
- 27.87%
- 5Y*
- 11.39%
- 10Y*
- 11.88%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EMGF Monthly Returns History
Based on dividend-adjusted daily data since Dec 10, 2015, EMGF's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2022 with a return of +13.9%, while the worst month was Mar 2020 at -15.7%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.
On a daily basis, EMGF closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +7.4%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.14% | 6.33% | -9.16% | 13.19% | 7.46% | 4.66% | 32.97% | ||||||
| 2025 | 1.38% | 0.04% | 1.98% | -0.11% | 5.58% | 6.85% | 0.71% | 2.04% | 5.74% | 3.84% | -2.08% | 2.04% | 31.41% |
| 2024 | -2.71% | 4.51% | 2.20% | 0.61% | 2.68% | 2.29% | 0.51% | 0.58% | 5.53% | -3.49% | -1.71% | -1.85% | 9.06% |
| 2023 | 5.87% | -7.00% | 2.75% | -1.25% | -1.73% | 4.25% | 5.95% | -5.45% | -1.78% | -3.03% | 7.87% | 5.25% | 10.86% |
| 2022 | -0.59% | -1.81% | -3.05% | -4.67% | 1.08% | -7.05% | 0.58% | -0.23% | -10.77% | -1.01% | 13.85% | -2.44% | -16.55% |
| 2021 | 3.22% | 0.89% | 1.70% | 2.59% | 1.84% | 0.30% | -3.94% | 2.61% | -3.39% | -0.31% | -1.90% | 3.18% | 6.65% |
Benchmark Metrics
iShares Edge MSCI Multifactor Emerging Markets ETF has an annualized alpha of 2.03%, beta of 0.77, and R2 of 0.48 versus S&P 500 Index. Calculated based on daily prices since December 10, 2015.
- This ETF participated in 73.81% of S&P 500 Index downside but only 73.68% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.48 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.03%
- Beta
- 0.77
- R²
- 0.48
- Upside Capture
- 73.68%
- Downside Capture
- 73.81%
Expense Ratio
EMGF has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EMGF ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EMGF | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.37 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.16 | 2.78 | +1.37 |
| Martin ratioReturn relative to average drawdown | 15.36 | 12.44 | +2.92 |
Dividends
Dividend History
iShares Edge MSCI Multifactor Emerging Markets ETF provided a 1.89% dividend yield over the last twelve months, with an annual payout of $1.44 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.44 | $1.46 | $1.55 | $2.54 | $1.66 | $1.27 | $0.96 | $1.20 | $1.06 | $0.96 | $0.72 |
Dividend yield | 1.89% | 2.52% | 3.42% | 5.94% | 4.04% | 2.48% | 1.95% | 2.63% | 2.73% | 1.94% | 2.04% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Edge MSCI Multifactor Emerging Markets ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $1.46 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 | $1.55 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.11 | $2.54 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.66 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $1.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Edge MSCI Multifactor Emerging Markets ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Edge MSCI Multifactor Emerging Markets ETF was 40.23%, occurring on Mar 23, 2020. Recovery took 199 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -40.23%Mar 2020 | 2y 1mo | 9mo 18d | 2y 11moJan 2018 - Jan 2021 |
Bear market2022 | -28.60%Oct 2022 | 1y 4mo | 1y 8mo | 3y 1moJun 2021 - Jul 2024 |
2025 selloff2025 | -17.65%Apr 2025 | 6mo 2d | 1mo 27d | 7mo 29dOct 2024 - Jun 2025 |
2016 correction2016 | -13.92%Jan 2016 | 18d | 2mo 6d | 2mo 24dDec 2015 - Mar 2016 |
2026 correction2026 | -13.54%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
Drawdown Indicators
| EMGF | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.23% | -56.78% | +16.55% |
Max Drawdown (1Y)Largest decline over 1 year | -13.54% | -9.10% | -4.44% |
Max Drawdown (3Y)Largest decline over 3 years | -17.65% | -18.90% | +1.25% |
Max Drawdown (5Y)Largest decline over 5 years | -28.20% | -25.43% | -2.77% |
Max Drawdown (10Y)Largest decline over 10 years | -40.23% | -33.92% | -6.31% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -10.02% | -10.71% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 2.03% | +1.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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