LDEM
iShares ESG MSCI EM Leaders ETF
LDEM tracks a tier-weighted index composed of emerging market large- and midcap stocks with high environmental, social, and governance traits relative to their sector peers.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 34.7 M
ASSETS UNDER MGMT
17 bp
EXPENSES
Fund Basics
| Inception date | Feb 05, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TAIWAN SEMICONDUCTOR MANUFAC | 6.4 % |
| TENCENT HOLDINGS LTD | 4.1 % |
| ALIBABA GROUP HOLDING LTD. | 4.0 % |
| DELTA ELECTRONICS INC | 3.5 % |
| CHINA CONSTRUCTION BANK-H | 2.4 % |
| HDFC BANK LIMITED | 2.0 % |
| RELIANCE INDUSTRIES LTD | 1.9 % |
| SK SQUARE CO., LTD. | 1.7 % |
| IND & COMM BK OF CHINA - H | 1.3 % |
| UNITED MICROELECTRONICS CORP | 1.1 % |
Constituent Breakdown
| Number of holdings | 425 |
| Herfindahl-Hirschman Index | 142 |
| Wgt avg mkt cap (mns) | $165,247 |
| Large cap (>$10bn) | 74.8% |
| Mid cap ($2-10bn) | 15.3% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 3.4% |
| Emerging mkts. | 93.6% |
Sector Breakdown
Country Exposure
 |
CHINA | 24.1 % |
 |
TAIWAN | 17.9 % |
 |
INDIA | 12.4 % |
 |
SOUTH KOREA | 9.9 % |
 |
SOUTH AFRICA | 5.7 % |
 |
BRAZIL | 3.9 % |
 |
SAUDI ARABIA | 2.7 % |
 |
HONG KONG | 2.7 % |
 |
MEXICO | 2.6 % |
 |
MALAYSIA | 2.3 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 6.7% | 22.2% | 17.8% | 12.6% | -0.8% | -- | -- | 2.6% |
| Dividend Yield | 0.0% | 4.2% | 3.6% | 3.5% | 3.1% | -- | -- | 2.9% |
| Total Returns | 6.7% | 26.4% | 21.3% | 16.1% | 2.3% | -- | -- | 5.5% | Ann. Volatility | 21.3% | 17.6% | 18.2% | 17.3% | 19.1% | -- | -- | 20.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.10 | 54% |
| MSCI EAFE | 0.91 | 59% |
| MSCI Emg Mkts | 0.82 | 85% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $61.67 |
| Relative strength (RSI) | 52 |
| MACD/Signal | 0.08/0.15 |
| Bollinger Bands (Upper/Lower) | $64.18/$60.11 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. LDEM |
Expenses vs. LDEM |
ALTAR Score™ vs. LDEM |
|---|---|---|---|---|
| EMXF | iShares ESG Advanced MSCI EM ETF | 50.6% | -1 bp | -5.7% |
| ESGE | iShares ESG Aware MSCI EM ETF | 45.0% | +8 bp | -4.4% |
| PXH | Invesco FTSE RAFI Emerging Markets ETF | 42.5% | +32 bp | +0.1% |
| BKF | iShares MSCI BIC ETF | 42.2% | +52 bp | +2.7% |
| NUEM | Nuveen ESG Emerging Markets Equity ETF | 42.1% | +19 bp | -6.5% |
| JHEM | John Hancock Multifactor Emerging Markets ETF | 41.7% | +32 bp | -5.1% |
| ECON | Columbia Emerging Markets Consumer ETF | 39.6% | +32 bp | -6.1% |
| HEEM | iShares Currency Hedged MSCI Emerging Markets ETF | 39.6% | +52 bp | -5.2% |
| FNDE | Schwab Fundamental Emerging Markets Large Co. Index ETF | 39.1% | +22 bp | +0.3% |
| QEMM | SPDR MSCI Emerging Markets StrategicFactors ETF | 38.9% | +13 bp | -5.0% |
Risk and Returns: LDEM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
12.8%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 217 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.3% and a standard deviation
of 2.2%. LDEM's ALTAR Score™ is approximately 2.5 standard
deviations above the category average. This places LDEM in the 99th percentile
among funds in the category.
Sell-Side Consensus
$74.19
PRICE TARGET
+17.5%
UPSIDE