iShares MSCI Emerging Markets Small-Cap ETF (EEMS) is a emerging-markets ETF. As of October 28, 2026, ETF Copilot scores EEMS 3.5 out of 10 — highest on Growth (5.7), lowest on Value (1.8). It trades at 14.9 times earnings, against its own median of 13.9. Its ten largest holdings are 5% of the fund.
What stands out in EEMS's data
Small-cap emerging market stocks, held through a broad, cap-weighted index.
Trades at a richer price than most emerging-market peers — you pay more for each dollar of earnings.
Its EBITDA multiple of 9.7x is among the priciest in the category, above the peer median of 9.0x. Holdings 1,690 — broad coverage, but the earnings quality is below average: EBITDA margin of 21.3% trails the 36.8% category norm.
A broad exposure to small-cap emerging markets — deeper diversification than most, but at a richer price.
Why did EEMS move this week? It fell 2.4% in the week to October 28, 2026 — Sendas Distribuidora and Totvs drove it
EEMS fell 2.4% in the week to October 28, 2026. The holdings that moved it most were Sendas Distribuidora (−46.3%), Totvs (−25.6%) and Taiwan Union Technology (−8.2%); Samsung Engineering (+33.1%) pushed the other way.
How is EEMS rated? ETF Copilot scores iShares MSCI Emerging Markets Small-Cap ETF (EEMS) 3.5 out of 10
As of October 28, 2026, ETF Copilot scores iShares MSCI Emerging Markets Small-Cap ETF (EEMS) 3.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.5 / 10
- Growth: 5.7 / 10
- Value: 1.8 / 10
- Risk: 5.2 / 10
- Quality: 1.9 / 10
- Return: 2.2 / 10
Is EEMS expensive right now? It trades at 14.9 times earnings, against its own median of 13.9
As of October 28, 2026, EEMS is more expensive than 70% of its own last 9 years.
Trailing 12 months, built from EEMS's holdings. How we calculate this →
What's inside EEMS? 25% Tech
What's inside EEMS: Size (Large 0%, Mid 17%, Small 83%); Geography (International 100%, US 0%); Tech 24.6%; Semiconductors 10.3%.
What are EEMS's top holdings? The ten largest are 5% of the fund
Less concentrated than 99% of Emerging Markets ETFs.
Half of EEMS's weight sits in its 335 largest positions, and once those weights are taken into account it behaves like 816 equally weighted holdings.
What is EEMS's expense ratio? 0.72% a year
As of October 28, 2026, EEMS charges 0.72% a year, yields 3.00% and holds $361M in assets across 1690 positions.
| Measure | EEMS |
|---|---|
| Expense ratio | 0.72% |
| Dividend yield | 3.00% |
| Assets under management | $361M |
| Holdings | 1690 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares MSCI Emerging Markets Small-Cap ETF (EEMS) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/eems
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