Skip to Content
ETFs

iShares MSCI Frontier and Select EM ETF

FM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 12 2012
Expense Ratio
0.80%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$5,801,478
AUM
$686,388,950
Associated Index
MSCI Frontier and Emerging Markets Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

KSPI
JSC KASPI KZ GLOBAL SPONSORED REG
4.25%
VCB
Joint Stock Commercial Bank for Foreign Trade of Vietnam
3.06%
TLV
Banca Transilvania
2.91%
COMI
COMMERCIAL INTERNATIONAL BAN
2.87%
HPG
Hoa Phat Group Jsc
2.78%
VNM
Viet Nam Dairy Products Jsc
2.65%
VIC
Vingroup Joint Stock Co.
2.55%
BAP
Credicorp Ltd
2.54%
VHM
Vinhomes Joint Stock Company
2.51%
n/a
USD CASH
2.34%
Invest with FM

What is FM?

The Fund seeks to track the investment results ofthe MSCI Frontier and Emerging Markets Select Index (the Underlying Index ), which is designedto measure equity market performance of frontier markets along with select emerging markets. Countries that comprise the Underlying Index are selected from countries in the MSCI Frontier Markets Investable Market Index (IMI) and the MSCI Emerging Markets IMI, which together make up the Fund s Parent Index . The Underlying Index aims to reflect the performance of frontier markets and the lower size spectrum of emerging markets(i.e., emerging market countries with lower gross national income per capita and total stock market capitalizations relative to those of the full spectrum of emerging market countries), while putting a stronger emphasis on tradability and investability of the constituents compared to the Parent Index.

ETFs related toFM

ETFs correlated to FM include EWX, EEMS, DFEM

FM
BlackRock Institutional Trust Company N.A. - iShares MSCI Frontier and Select EM ETF
EWX
SSgA Active Trust - SPDR S&P Emerging Markets Small Cap ETF
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
DFEM
Dimensional ETF Trust - Dimensional Emerging Markets Core Equity 2 ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
FNDE
Schwab Strategic Trust - Schwab Fundamental Emerging Markets Large Company Index ETF
DFEV
Dimensional ETF Trust - Dimensional Emerging Markets Value ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity 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.

Automated Strategies
Related toFM

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FM using Composer

FAQ

FM is a Global Ex. US Equities ETF. The Fund seeks to track the investment results ofthe MSCI Frontier and Emerging Markets Select Index (the Underlying Index ), which is designedto measure equity market performance of frontier markets along with select emerging markets. Countries that comprise the Underlying Index are selected from countries in the MSCI Frontier Markets Investable Market Index (IMI) and the MSCI Emerging Markets IMI, which together make up the Fund s Parent Index . The Underlying Index aims to reflect the performance of frontier markets and the lower size spectrum of emerging markets(i.e., emerging market countries with lower gross national income per capita and total stock market capitalizations relative to those of the full spectrum of emerging market countries), while putting a stronger emphasis on tradability and investability of the constituents compared to the Parent Index.

FM tracks the MSCI Frontier and Emerging Markets Select Index.

No, FM is not actively managed. It is passively 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.

Yes, FM is passively 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 -0.0044%. This is the percent change in the value of FM over the most recent 1-month period. The 3-month return on FM is -0.0266%. 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 0.1495%. 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 EFA, EZU, and EEM.

ETFs correlated to FM include EWX, EEMS, and DFEM.

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

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.