“In comparison to developed markets, emerging markets and frontier markets are relatively cheap. Relative EM/DM price-to-book (P/B) is now at the most attractive levels we’ve seen in the past 10 years. While developed markets indices are hitting all-time highs, emerging markets indices are still off 24% from their peak,” added BlackRock.
In addition to EEM and EWY, cost-conscious investors can access South Korea via the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG). IEMG debuted nearly two years ago as part of the iShares core lineup of ETFs.
Since then, IEMG has swelled to $5.1 billion in assets under management, making it one of the marquee names of the iShares core group. South Korea is IEMG’s second-largest country weight behind China at 15.3%. [Core ETFs Popular With Investors, Traders Love EEM]
iShares MSCI Emerging Markets ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM and IEMG.