Lower Costs Helps iShares Emerging Market ETF Top Its Older In-House Rival

It took the iShares Core MSCI Emerging Markets ETF, symbol IEMG, four-and-a-half years from its 2012 launch to eclipse its 14-year-old iShares peer and become the second-biggest developing market equity exchange-traded fund. The iShares MSCI Emerging Markets ETF, ticker EEM, peaked at $53 billion in 2013, but it has been slowly ceding ground to the fund’s in-house rival, which has a lower expense ratio and holds more than twice as many stocks. IEMG’s assets now stand at $32.6 billion, compared with $32.4 billion for EEM.

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