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ETFs

iShares Frontier and Select EM ETF

FM
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Sep 12, 2012
Expense Ratio
0.8%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$7,812,993
AUM
$616,047,451
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

KSPI
JSC KASPI KZ GLOBAL SPONSORED REG
5.38%
COMI
Commercial International Bank (Egypt)
3.78%
HPG
Hoa Phat Group Jsc
3.76%
SNP
OMV Petrom SA
2.82%
VIC
Vingroup Joint Stock Co.
2.75%
VNM
Viet Nam Dairy Products Jsc
2.7%
KAP
JOINT STOCK COMPANY NATIONAL GDR
2.69%
TLV
Banca Transilvania
2.65%
VHM
Vinhomes Joint Stock Company
2.42%
IAM
ITISSALAT AL MAGHRIB STE SA
2.28%
Invest with FM
Trade FM Options

What is FM?

The iShares Frontier and Select EM ETF seeks to provide exposure to frontier market equities along with select emerging market equities. Exposure to frontier market stocks and smaller size emerging market stocks with an emphasis on tradability and investability of the underlying constituents.

1M
3M
6M
YTD
1Y
3Y
Max
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FM
Performance Measures**

for the time period Dec 5, 2024 to Jan 7, 2025

Returns

1M Trailing Return: 0.3%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: —

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -0.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 3.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.25

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 1.27

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFM

ETFs correlated to FM include VNM, IQDF, VEU

FM
BlackRock Institutional Trust Company N.A. - iShares Frontier and Select EM ETF
VNM
VanEck ETF Trust - VanEck Vietnam ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
DEM
WisdomTree Trust - WisdomTree Emerging Markets High Dividend Fund
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

FM is a Global Ex. US Equities ETF. The iShares Frontier and Select EM ETF seeks to provide exposure to frontier market equities along with select emerging market equities. Exposure to frontier market stocks and smaller size emerging market stocks with an emphasis on tradability and investability of the underlying constituents.

Yes, FM is actively managed. 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.

No, FM is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FM is -0.023%. This is the percent change in the value of FM over the most recent 1-month period. The 3-month return on FM is 0.0058%. This is the percent change in the value of FM over the most recent 3-month period.

The standard deviation of FM for the past year is 0.1329%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FM include EZU, VEA, and EFA.

ETFs correlated to FM include VNM, IQDF, and VEU.

ETFs that are inversely correlated to FM include EDZ, EFZ, and EPV.

Disclaimers

*

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.