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ETFs

iShares Trust iShares ESG MSCI EM Leaders ETF

LDEM
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 5, 2020
Expense Ratio
0.16%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$336,670
AUM
$47,685,591
Associated Index
MSCI EM Extended ESG Leaders 5% Issuer Capped Net Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

9988
Alibaba Group Holding Ltd
5%
700
Tencent Holdings Ltd.
4.92%
2330
Taiwan Semiconductor Manufacturing
4.82%
500325
Reliance Industries Ltd.
2.74%
500209
Infosys Ltd
1.89%
939
China Construction Bank Corp. - Ordinary Shares - Class H
1.74%
9999
NetEase Inc
1.27%
532540
Tata Consultancy Services Ltd.
1.26%
9888
Baidu Inc
1.18%
9618
JD.com Inc - Ordinary Shares - Class A
1.14%
Invest with LDEM
Trade LDEM Options

What is LDEM?

The iShares ESG MSCI EM Leaders ETF (the "Fund") seeks to track the investment results of an index composed of emerging market large and mid-capitalization stocks of companies with high environmental, social, and governance performance relative to their sector peers as determined by the index provider. The Fund seeks to track the investment results of the MSCI EM Extended ESG Leaders 5% Issuer Capped Index (the Underlying Index ), which has been developed by MSCI Inc. (the IndexProvider or MSCI ). The Underlying Index is a free float-adjusted market capitalization-weighted index designed to reflect the equity performance of emerging market companies with favorable environmental, social and governance ( ESG ) characteristics (as determined by MSCI ESG Research LLC( MSCI ESG Research )).

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

for the time period Feb 10, 2020 to Dec 4, 2025

Returns

1M Trailing Return: -0.6%

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

3M Trailing Return: 5.8%

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

Measures of Risk or Volatility

Max Drawdown: -40.8%

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

Standard Deviation: 20.8%

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: 0.35

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: 0.13

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

ETFs related toLDEM

ETFs correlated to LDEM include IEMG, EEM, EDC

LDEM
iShares Trust - iShares ESG MSCI EM Leaders ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
SCHE
Schwab Strategic Trust - Schwab Emerging Markets Equity ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
DFAE
Dimensional ETF Trust - Dimensional Emerging Core Equity Market 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

LDEM is a Global Ex. US Equities ETF. The iShares ESG MSCI EM Leaders ETF (the "Fund") seeks to track the investment results of an index composed of emerging market large and mid-capitalization stocks of companies with high environmental, social, and governance performance relative to their sector peers as determined by the index provider. The Fund seeks to track the investment results of the MSCI EM Extended ESG Leaders 5% Issuer Capped Index (the Underlying Index ), which has been developed by MSCI Inc. (the IndexProvider or MSCI ). The Underlying Index is a free float-adjusted market capitalization-weighted index designed to reflect the equity performance of emerging market companies with favorable environmental, social and governance ( ESG ) characteristics (as determined by MSCI ESG Research LLC( MSCI ESG Research )).

LDEM tracks the MSCI EM Extended ESG Leaders 5% Issuer Capped Net Index.

No, LDEM 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, LDEM 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 LDEM is -0.0159%. This is the percent change in the value of LDEM over the most recent 1-month period. The 3-month return on LDEM is -0.0308%. This is the percent change in the value of LDEM over the most recent 3-month period.

The standard deviation of LDEM for the past year is 0.2118%. 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 LDEM include PBW, IGF, and ARKK.

ETFs correlated to LDEM include IEMG, EEM, and EDC.

ETFs that are inversely correlated to LDEM include EDZ, YANG, 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.