iShares MSCI Emerging Markets ex China ETF

EMXC: The Emerging Markets Rally Has More Room To Run

I rate the iShares MSCI Emerging Markets ex China ETF a buy, driven by strong exposure to Taiwanese and South Korean semiconductor manufacturers. EMXC benefits from robust earnings momentum in technology, with 51.46% sector allocation and key holdings like TSM, Samsung Electronics, and SK hynix. Despite recent outperformance, EMXC trades at a 35% forward P/E discount to developed markets, with continued AI infrastructure investment underpinning the bullish thesis.

S&P 500 Earnings Yield Jumps Over 5%; Sold The EMXC

The S&P 500 “earnings yield” jumped over 5% to 5.28% as of Friday's close. In early April '25 and late March '26, each time the S&P 500's earnings yield has closed the week above 5%, the S&P 500 has seen a nice rally following the 5% or better close. The current calendar 2026 S&P 500 EPS estimate is expecting $365.70 when the fourth quarter is wrapped up by mid-Feb '27, and then the current LSEG data is expecting $424 for calendar '27 and $492.62 for calendar '28. The iShares MSCI Emerging Markets ex-China was our fifth-largest position as of September 30th (and the fourth-largest equity position), but with the exception of some tax-sensitive, brokerage accounts which prefer capital gains kept to a minimum, the EMXC was mostly sold by Friday morning, October 16th.

iShares MSCI Emerging Markets ex China ETF $EMXC Stock Acquired by Ayalon Insurance Comp Ltd.

iShares MSCI Emerging Markets ex China ETF (NASDAQ:EMXC) Stock Short Interest Rises 48.2%

iShares MSCI Emerging Markets ex China ETF (NASDAQ: EMXC - Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,912,612 shares, an increase of 48.2% from the August 31st total of 1,290,500 shares. Currently, 0.7% of the shares of the stock

Double-Digit Returns, Single-Minded Focus: Revisiting Your Emerging Markets ETF

It's been a great time to be an emerging markets equity ETF investor, but it may also be a great time to revisit your EM ETF.

International Investing: International Outperformance Vs. S&P 500 Is Healthy, And It's Still Early

International or non-US investing has been quietly putting up robust numbers for shareholders. Today, we are seeing international, gold and even grains of late start to rally, without much give-back in the S&P 500 or Nasdaq.

EMXC: The Next AI Gains Need More Than Chips And Memory

iShares MSCI Emerging Markets ex China ETF is rated HOLD due to its concentrated exposure to Asian semiconductor leaders and recent rally. EMXC's returns are driven by TSMC, Samsung, and SK hynix, making it highly sensitive to the semiconductor cycle and AI infrastructure spending. Despite broad holdings, EMXC's performance is not diversified; volatility is high and future returns likely to be more moderate and uneven.

Emerging Markets Without the China Drag: Up 38% While Broad EM Lagged

When Chinese equities perform well, the fund benefits from that allocation. When China struggles, the country's weighting can become a drag on overall emerging market returns.