LDEM

iShares ESG MSCI EM Leaders ETF

LDEM tracks a tier-weighted index composed of emerging market large- and midcap stocks with high environmental, social, and governance traits relative to their sector peers.


Emerging Market

EQUITY

Rules-Based

MANAGEMENT STYLE

26.9 M

ASSETS UNDER MGMT

17 bp

EXPENSES
Fund Basics
Fund sponsorBlackrock
CategoryEmerging
Asset classEquity
Websitelink...
Inception dateFeb 05, 2020
Assets (mns)$27
Expense ratio17 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-annual
Taxation1099
Stock selectionPrinciples-based
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
ALIBABA GROUP HOLDING LTD. 5.1 %
TENCENT HOLDINGS LTD 5.0 %
TAIWAN SEMICONDUCTOR MANUFAC 4.3 %
HDFC BANK LIMITED 3.3 %
RELIANCE INDUSTRIES LTD 2.4 %
CHINA CONSTRUCTION BANK-H 2.2 %
MEDIATEK INC 1.8 %
BYD CO LTD-H 1.7 %
INFOSYS TECHNOLOGIES LTD 1.7 %
BHARTI AIRTEL LIMITED 1.4 %
Constituent Breakdown
Number of holdings451
Herfindahl-Hirschman Index 130
Wgt avg mkt cap (mns)$137,257
Large cap (>$10bn)79.4%
Mid cap ($2-10bn)20.2%
Small cap (<$2bn)0.1%
Developed mkts.3.7%
Emerging mkts.96.3%
Country Exposure
CHINA 27.5 %
INDIA 18.8 %
TAIWAN 13.5 %
SOUTH KOREA 5.7 %
SOUTH AFRICA 4.5 %
BRAZIL 3.3 %
SAUDI ARABIA 3.0 %
HONG KONG 2.7 %
MEXICO 2.4 %
MALAYSIA 2.4 %
Historical Performance


Standardized Performance (as of 02/28/2025)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 5.5% 11.5% 6.7% -2.0% 2.6% -- 0.5%
Volatility 15.3% 15.8% 15.8% 19.5% 21.1% -- --
Market Correlations
versus...BetaR-squared
S&P 5000.7240%
MSCI EAFE0.9064%
MSCI Emg Mkts1.1198%
Liquidity Measures
Avg. volume (000)3
Turnover0.6%
Avg. Bid/Ask (% of price)0.33%
ADV of underlying (mns)$18,285
Technical Indicators
Recent close$48.82
30d moving avg.$49.05
Annualized volatility19.5%
Relative strength (RSI)51
Short interest (ETF)0.2%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Risk and Returns: LDEM vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2020 2021 2022 2023 2024 2025E 2026E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2024 2025E Fwd Est 2026E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.3 8.2 1.2 2.6% --
Based on closing prices from 4/2/2025
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
LDEM



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™

LDEM

12.9%

Cat. Avg

9.9%


ALTAR Score™ Calculation

Category Overview
There are 156 funds in the Emerging Equity category, with an average ALTAR Score™ of 9.9% and a standard deviation of 4.1%. LDEM's ALTAR Score™ is approximately 0.7 standard deviations above the category average. This places LDEM in the 77th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

LDEM
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Emerging Market Equity ETFs
# of ETFs 103
Avg. Expense Ratio 64.6 bp
Std. Deviation 29 bp
LDEM (17 bp) Percentile rank 5
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
LDEM 17.0 33.2 50.2
Peer Avg. 48.3 42.3 90.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .