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IEMG vs. ITOT

iShares Core MSCI Emerging Markets ETF

IEMG
$--
vs

iShares Core S&P Total U.S. Stock Market ETF

ITOT
$--

Correlation

0.66
IEMGiShares Core MSCI Emerging Markets ETF
ITOTiShares Core S&P Total U.S. Stock Market 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
ITOT iShares Core S&P Total U.S. Stock Market ETF
Inception date
Oct 18 2012
Jan 20 2004
Expense ratio
0.09%
0.03%
IEMG has a higher expense ratio than ITOT by 0.06%. This can indicate that it’s more expensive to invest in IEMG than ITOT.
Type
Global Ex. US Equities
US Equities
IEMG targets investing in Global Ex. US Equities, while ITOT targets investing in US Equities.
Fund owner
Blackrock (iShares)
Blackrock (iShares)
IEMG is managed by Blackrock (iShares), while ITOT is managed by Blackrock (iShares).
Volume (1m avg. daily)
$497,040,322
$92,311,586
Both IEMG and ITOT 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
$43,679,376,151
IEMG has more assets under management than ITOT by $26,348,882,087. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
MSCI Emerging Markets Investable Market Index
S&P Total Market Index
IEMG is based off of the MSCI Emerging Markets Investable Market Index, while ITOT is based off of the S&P Total Market Index
Inverse/Leveraged
No
No
IEMG and ITOT 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
Passive
IEMG and ITOT both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
IEMG and ITOT may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither IEMG nor ITOT require a K1.
IEMG and ITOT’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

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Automated Strategies
Related toITOT

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic
trading strategy

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.

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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.