EEM Stock Summary and Trading Ideas (iShares MSCI Emerging Markets ETF | ARCA:EEM)

The iShares MSCI Emerging Markets Index Fund seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of publicly traded securities in emerging markets as represented by the MSCI Emerging Markets Index.

iShares MSCI Emerging Markets ETF trades on the ARCA stock market under the symbol EEM.

As of April 22, 2024, EEM stock price climbed to $40.14 with 20,070,812 million shares trading.

EEM has a beta of 0.86, meaning it tends to be less sensitive to market movements. EEM has a correlation of 0.54 to the broad based SPY ETF.

EEM has a market cap of $16.83 billion. This is considered a Large Cap stock.

In the last 3 years, EEM stock traded as high as $56.18 and as low as $33.49.

EEM stock has underperformed the market in the last year with a return of +5.6%, while SPY returned +22.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EEM shares. However, EEM has outperformed the market in the last 3 month and 2 week periods, returning +5.5% and -3.3%, while SPY returned +3.7% and -3.7%, respectively. This indicates EEM has been having a stronger performance recently.

EEM support price is $39.37 and resistance is $40.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EEM stock will trade within this expected range on the day.