# iShares Emerging Markets Equity Enhanced Active UCITS ETF USD (EMME)

**Page:** https://fundology.uk/fund/emme · ISIN IE000PHR51Q6

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, EMME (iShares Emerging Markets Equity Enhanced Active UCITS ETF USD, ISIN IE000PHR51Q6) closed at £4.23 on the London Stock Exchange. Its ongoing charge is 0.81% a year (about £81 on £10,000). Over the year to 13/11/2026 its total return was +17.9%, or +13.7% after UK CPIH inflation.

## Summary

Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2025. It tracks the No Underlying Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.81% a year — about £81 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£4.23** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | EMME |
| ISIN | IE000PHR51Q6 |
| Category | Emerging markets |
| Type | ETF |
| Provider | iShares |
| Income | Distributing |
| Ongoing charge | 0.81% a year (£81 per £10,000) |
| Fund size | £134m |
| Launched | 2025 |
| Domicile | Ireland |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +17.87% | +13.70% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD in pounds (price only, income paid out not included): 2026 to 13/11/2026 +10.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 13/11/2026 | +10.6% | +7.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 20.37% | -17.32% |

## Largest fall

Volatility of Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 20.4% over 1 year. Largest fall in the price of Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD since November 2025, in pounds: −17.3% from 19/06/2026 to 06/11/2026. On 13/11/2026 the price of Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD was 15.2% below its highest weekly close since November 2025 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD 0.81% a year. Compared on 14/11/2026, 5 of the 151 other emerging-market share funds charge more, 0 the same and 146 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.81%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, EMME holds 526 positions, according to its published holdings. The largest is TSMC at 9.30% of the fund; the ten largest make up 40.9%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 9.30% |
| 2 | Blk Ics US Treas Agency Dis | — | 9.19% |
| 3 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 6.80% |
| 4 | SK hynix | [000660](https://fundology.uk/stock/000660) | 4.49% |
| 5 | Tencent | [700](https://fundology.uk/stock/700) | 3.39% |
| 6 | Alibaba Group | [BABA](https://fundology.uk/stock/BABA) | 2.11% |
| 7 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.63% |
| 8 | China Construction Bank | [601939](https://fundology.uk/stock/601939) | 1.48% |
| 9 | Cash and other net assets | — | 1.40% |
| 10 | Industrial and Commercial Bank of China | [601398](https://fundology.uk/stock/601398) | 1.06% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Information Technology | 36.1% |
| Financials | 19.4% |
| Cash and derivatives | 10.6% |
| Consumer Discretionary | 7.0% |
| Communication Services | 6.1% |
| Materials | 5.4% |
| Industrials | 5.2% |
| Energy | 3.7% |
| Other sectors | 6.4% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| Taiwan | 26.6% |
| China | 20.6% |
| South Korea | 17.1% |
| Cash and derivatives | 10.6% |
| Brazil | 3.9% |
| India | 3.7% |
| South Africa | 3.3% |
| Saudi Arabia | 2.7% |
| Other countries | 11.5% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 89.4% |
| Cash and money market | 10.6% |

The 508 holdings on record (of 526 reported): https://fundology.uk/fund/emme/holdings

## Questions people ask

**What is the ongoing charge of EMME?**

The ongoing charge of EMME is 0.81% a year — about £81 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Ishares Iii PLC - iShares Emerging Markets Equity Enhanced Active UCITS ETF USD 0.81% a year. Compared on 14/11/2026, 5 of the 151 other emerging-market share funds charge more, 0 the same and 146 less (share classes counted once).

**Is EMME accumulating or distributing?**

EMME is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of EMME?**

The ISIN of EMME is IE000PHR51Q6. An ISIN identifies one exact share class of a fund; EMME is its ticker on the London Stock Exchange.

**What does EMME hold?**

As of 06/11/2026, EMME holds 526 positions, according to its published holdings. The largest is TSMC at 9.30% of the fund; the ten largest make up 40.9%. Its ten largest holdings are TSMC (9.30%), Blk Ics US Treas Agency Dis (9.19%), Samsung Electronics (6.80%), SK hynix (4.49%), Tencent (3.39%), Alibaba Group (2.11%), MediaTek (1.63%), China Construction Bank (1.48%), Cash and other net assets (1.40%) and Industrial and Commercial Bank of China (1.06%).

**What were EMME’s returns in each of the last five years?**

Calendar-year returns of EMME in pounds (price only, income paid out not included): 2026 to 13/11/2026 +10.6%. Past performance is not a guide to future returns.

**How has EMME done after inflation?**

Over the year to 13/11/2026 EMME’s total return was +17.9%, or +13.7% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/346439/ishares-emerging-markets-equity-enhanced-active-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-emerging-markets-equity-enhanced-active-ucits-etf-usd-dist-gb-ie000phr51q6-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/emme-ishares-emerging-markets-equity-enhanced-active-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.