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IEMG vs. ARKF

iShares Core MSCI Emerging Markets ETF

IEMG
$--
vs

ARK Fintech Innovation ETF

ARKF
$--

Correlation

0.60
IEMGiShares Core MSCI Emerging Markets ETF
ARKFARK Fintech Innovation ETF

What is IEMG?

The iShares Core MSCI Emerging Markets ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Investable Market Index.

Snapshot
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IEMG iShares Core MSCI Emerging Markets ETF
ARKF ARK Fintech Innovation ETF
Inception date
Oct 18 2012
Feb 04 2019
Expense ratio
0.09%
0.75%
IEMG has a lower expense ratio than ARKF by 0.66%. This can indicate that it’s cheaper to invest in IEMG than ARKF.
Type
Global Ex. US Equities
Global Equities
IEMG targets investing in Global Ex. US Equities, while ARKF targets investing in Global Equities.
Fund owner
Blackrock (iShares)
ARK Funds
IEMG is managed by Blackrock (iShares), while ARKF is managed by ARK Funds.
Volume (1m avg. daily)
$497,040,322
$9,483,865
Both IEMG and ARKF are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$70,028,258,238
$808,992,455
IEMG has more assets under management than ARKF by $69,219,265,783. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
MSCI Emerging Markets Investable Market Index
None
IEMG is based off of the MSCI Emerging Markets Investable Market Index, while ARKF is based off of the undefined
Inverse/Leveraged
No
No
IEMG and ARKF use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Active
IEMG uses a Passive investing strategy, while ARKF uses a Active investing strategy.
Dividend
No
No
IEMG and ARKF may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither IEMG nor ARKF require a K1.
IEMG and ARKF’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toIEMG

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Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Automated Strategies
Related toARKF

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Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.