MSCI Emerging Markets (EM) Index
The MSCI Emerging Markets index holds large- and mid-caps from 24 emerging markets. Country weights are highly concentrated: China, India, Taiwan and South Korea together make up most of the index.
The ten largest holdings make up 38.0% of the MSCI Emerging Markets, out of 1,173 holdings in total; the largest sector is Information Technology at 42.5% (as of Oct 29, 2026).
Composition – 50 Largest Holdings
Based on: State Street® SPDR® MSCI Emerging Markets UCITS ETF · as of Oct 29, 2026 · 1173 holdings
| # | Stock | Ticker | Sector | Country | Weight |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing Co. Ltd. | 2330 | Information Technology | Taiwan | 15.93% |
| 2 |  Samsung Electronics Co. Ltd. | 005930 | Information Technology | Korea | 7.08% |
| 3 |  SK hynix Inc. | 000660 | Information Technology | Korea | 5.50% |
| 4 | Tencent Holdings Ltd | 700 | Communication Services | China | 2.58% |
| 5 | Alibaba Group Holding Limited | 9988 | Consumer Discretionary | China | 1.80% |
| 6 |  MediaTek Inc | 2454 | Information Technology | Taiwan | 1.57% |
| 7 | Samsung Electronics Co Ltd Pfd Non-Voting | 005935 | Information Technology | Korea | 0.97% |
| 8 | China Construction Bank Corporation Class H | 939 | Financials | China | 0.97% |
| 9 |  Hon Hai Precision Industry Co. Ltd. | 2317 | Information Technology | Taiwan | 0.82% |
| 10 |  Delta Electronics Inc. | 2308 | Information Technology | Taiwan | 0.76% |
Show holdings 11 to 50
- HDFC Bank Limited 0.70%
- ICICI Bank Limited 0.66%
Reliance Industries Limited 0.63%- ASE Technology Holding Co. Ltd. 0.61%
SK Square Co. Ltd. 0.57%
Industrial and Commercial Bank of China Limited Class H 0.54%- Xiaomi Corporation Class B 0.49%
Bharti Airtel Limited 0.48%- Samsung Electro-Mechanics Co. Ltd 0.47%
- Bank of China Limited Class H 0.45%
Al Rajhi Bank 0.41%- Nan Ya Plastics Corporation 0.40%
Meituan Class B 0.39%
Unimicron Technology Corp. 0.38%
Nu Holdings Ltd. Class A 0.38%- Elite Material Co. Ltd. 0.38%
- Anglogold Ashanti PLC 0.37%
- Petroleo Brasileiro Pref SA 0.37%
- Petroleo Brasileiro SA 0.36%
PDD Holdings Inc. Sponsored ADR Class A 0.36%- KB Financial Group Inc. 0.35%
- United Microelectronics Corp. 0.35%
- Itau Unibanco Holding Pref SA 0.35%
- Ping An Insurance (Group) Company of China Ltd. Class H 0.34%
- CTBC Financial Holding Company Ltd. 0.34%
Fubon Financial Holding Co. Ltd. 0.34%
Saudi Arabian Oil Co. 0.34%- Netease Inc 0.34%
- Vale S.A. 0.34%
- Grupo Mexico S.A.B. de C.V. Class B 0.33%
Infosys Limited 0.32%- Naspers Limited Class N 0.28%
- Cathay Financial Holdings Co. Ltd. 0.28%
Gold Fields Limited 0.28%- BYD Company Limited Class H 0.27%
- Axis Bank Limited 0.27%
TS Financial Holding Co. Ltd. 0.26%- JD.com Inc. Class A 0.26%
- Asia Vital Components Co. Ltd. 0.26%
Hyundai Motor Company 0.26%
Sectors
Countries
MSCI Emerging Markets Price Chart
The chart shows daily closing prices and is set to the current year by default. The price is up 11.6% year to date and up 10.1% over twelve months. The last recorded close on October 30, 2026, was at 45% of the 52-week range.
Price series from our database since Aug 2, 2024, 564 daily values.
MSCI Emerging Markets Performance
| Year to date | +11.6% | 1 month | -8.6% |
|---|---|---|---|
| 3 months | -4.8% | 1 year | +10.1% |
| Calendar year 2025 | +30.8% |
MSCI Emerging Markets Index Funds and ETFs
ETFs Tracking This Index
Portfolios With the MSCI Emerging Markets
These three portfolios from our overview hold an ETF on the MSCI Emerging Markets. The calculation is based on the funds' daily net asset values and includes fund costs. The ETF overview compares all portfolios from a shared starting day.
70/30 World and Emerging Markets
MSCI World + MSCI Emerging Markets
- 70.0% MSCI World (EUNL)
- 30.0% MSCI Emerging Markets (SPYM)
The classic: emerging markets weighted above their market value, closer to their share of the world economy.
Rebalanced to target weights once a year. Letting it run would have produced 9.28% per year – 0.36 points more.
60/40 World and Emerging Markets
MSCI World + MSCI Emerging Markets
- 60.0% MSCI World (EUNL)
- 40.0% MSCI Emerging Markets (SPYM)
The same two funds, with emerging markets weighted higher still.
Rebalanced to target weights once a year. Letting it run would have produced 8.74% per year – 0.43 points more.
50/30/20 With Europe
MSCI World + MSCI Emerging Markets + MSCI Europe
- 50.0% MSCI World (EUNL)
- 30.0% MSCI Emerging Markets (SPYM)
- 20.0% MSCI Europe (XMEU)
Europe on top, against the roughly 73 percent US weight in the world index.
Rebalanced to target weights once a year. Letting it run would have produced 8.59% per year – 0.36 points more.
Next Events
Technical Analysis: MSCI Emerging Markets
Risk Metrics
Correlations (90 Trading Days)
| Instrument | r | −1 … +1 |
|---|---|---|
| MSCI EM IMI | +1.00 | |
| Nasdaq 100 | +0.85 | |
| S&P 500 Informationstechnologie | +0.85 | |
| Marsh & McLennan Companies Inc. | -0.61 | |
| Republic Services Inc. | -0.61 | |
| Waste Management Inc. | -0.60 |
The strongest co-movers are listed at the top, the strongest inverse movers at the bottom. Low or negative correlations can help spread risk more broadly across a portfolio.
