Five years ago, iShares introduced its core suite of ETFs aimed at cost-conscious, long-term investors. One of the original members of the iShares core group of ETFs is the iShares Core MSCI Emerging Markets ETF (NYSEArca: IEMG).
IEMG is the low-cost alternative to the iShares MSCI Emerging Markets ETF (NYSEArca: EEM). Proving that low fees are important to professional investors, too, IEMG has become a force among emerging markets ETFs. Today, IEMG has $40.2 billion in assets under management, making it larger than the older (and pricier) EEM. In fact, IEMG is the second-largest emerging markets ETF, trailing only the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO).
Another interesting fact about IEMG is that the ETF does not see outflows. As in ever. Since coming to market in mid-October 2012, IEMG has not had a single day of net outflows.
“The iShares Core MSCI Emerging Markets ETF has completed five years since its inception without seeing a single day of net outflows. This year alone, the fund has received $15 billion, almost five times the inflows into the benchmark ETF and 57 percent more than that of the largest fund, the Vanguard FTSE EM ETF,” reports Bloomberg.
Up 31.3% year-to-date, IEMG has been one of the top asset-gathering ETFs in each quarter of 2017. This year, only three ETFs have added more new assets than IEMG. In the fourth quarter, IEMG has seen inflows of nearly $1.6 billion, putting it ahead of all but four ETFs in terms of new assets added.