FM Performance — iShares Frontier and Select EM ETF
Data updated: 2025-01-24
FM returned +9.68% over one year to Nov 2024. Annualised returns are −4.40% over 3 years and +1.57% over 5 years. The fund trailed its Alternative category average: $100 invested three years ago grew to $87, against $141 for the category, and to $110 over one year, against $146. Volatility over the past three years was 14.84% a year. In the 12 months to Nov 2024 the fund lost a net $436.2M, and assets reached $195.93M.
FM Growth of $100
What $100 invested in iShares Frontier and Select EM ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | FM | Category average |
|---|---|---|
| 1 year (Dec 2023 – Nov 2024) | $110 | $146 |
| 3 years (Dec 2021 – Nov 2024) | $87 | $141 |
| 5 years (Dec 2019 – Nov 2024) | $108 | $165 |
| Since data start (Sep 2019 – Nov 2024) | $110 | $169 |
FM Trailing Returns
Total returns to Nov 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.68% |
| 3 years (annualised) | −4.40% |
| 5 years (annualised) | +1.57% |
FM Annual Returns
Calendar-year total returns of iShares Frontier and Select EM ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Nov) | +6.75% |
| 2023 | +9.80% |
| 2022 | −25.93% |
| 2021 | +22.60% |
| 2020 | −1.31% |
| 2019 (Sep–Dec) | +4.55% |
FM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −1.8% | +4.7% | +6.0% | −4.0% | +3.7% | −1.0% | +0.1% | −1.0% | +0.1% | +0.3% | −0.1% | — |
| 2023 | +4.9% | −5.2% | +1.8% | +0.9% | −0.5% | +4.3% | +6.8% | −2.2% | −3.6% | −6.5% | +7.0% | +2.7% |
| 2022 | −1.7% | −1.3% | −0.7% | −4.5% | −5.3% | −8.6% | +0.7% | +0.5% | −10.1% | −3.5% | +8.2% | −2.3% |
| 2021 | +2.7% | −0.3% | +0.7% | +5.8% | +3.5% | +2.5% | −0.7% | +4.0% | +1.2% | +4.4% | −3.6% | +0.7% |
| 2020 | +0.6% | −6.7% | −22.1% | +4.4% | +5.1% | +1.7% | −0.8% | +8.2% | +0.5% | +1.2% | +4.9% | +5.6% |
| 2019 | — | — | — | — | — | — | — | — | −1.7% | +0.6% | +2.7% | +2.9% |
FM Risk
Risk measures from monthly returns over Dec 2021 – Nov 2024.
- 3-year volatility (annualised): 14.84%
- 3-year Sharpe ratio: -0.60 (vs 4.5% risk-free rate)
- Best month: +8.23% (Nov 2022)
- Worst month: −10.06% (Sep 2022)
FM Fund Flows
Monthly money in and out of iShares Frontier and Select EM ETF, from SEC Form N-PORT.
- 12-month net flow: −$436.2M
- 12-month gross sales (incl. reinvestments): $2.6M
- Sales ÷ redemptions: 0.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2024 | $0 | $6.9M | −$6.9M |
| Oct 2024 | $0 | $12.4M | −$12.4M |
| Sep 2024 | $0 | $6.9M | −$6.9M |
| Aug 2024 | $0 | $34.7M | −$34.7M |
| Jul 2024 | $0 | $73.7M | −$73.7M |
| Jun 2024 | $0 | $80.7M | −$80.7M |
| May 2024 | $0 | $0 | $0 |
| Apr 2024 | $0 | $25.1M | −$25.1M |
| Mar 2024 | $0 | $0 | $0 |
| Feb 2024 | $0 | $23.9M | −$23.9M |
| Jan 2024 | $0 | $66.3M | −$66.3M |
| Dec 2023 | $2.6M | $108.2M | −$105.6M |
FM Assets Under Management
Net assets of iShares Frontier and Select EM ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-11-30 | $195.93M |
| 2024-08-31 | $221.58M |
| 2024-05-31 | $425.99M |
| 2024-02-29 | $427.95M |
| 2023-11-30 | $607.50M |
| 2023-08-31 | $641.58M |
| 2023-05-31 | $662.15M |
| 2023-02-28 | $676.16M |
| 2022-11-30 | $421.81M |
| 2022-08-31 | $350.67M |
| 2022-05-31 | $408.12M |
| 2022-02-28 | $494.43M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.