EMXC Stock Summary and Trading Ideas (iShares MSCI Emerging Markets Ex China ETF | NASDAQ:EMXC)

The iShares MSCI Emerging Markets ex China ETF seeks to track the investment results of an index composed of large- and mid-capitalization emerging market equities, excluding China. The MSCI Emerging Markets ex China Index captures large and mid cap representation across 22 of the 23 Emerging Markets (EM) countries excluding China. With 682 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country.

iShares MSCI Emerging Markets Ex China ETF trades on the NASDAQ stock market under the symbol EMXC.

As of April 29, 2024, EMXC stock price climbed to $57.10 with 867,883 million shares trading.

EMXC has a beta of 0.86, meaning it tends to be less sensitive to market movements. EMXC has a correlation of 0.67 to the broad based SPY ETF.

EMXC has a market cap of $12.93 billion. This is considered a Large Cap stock.

In the last 3 years, EMXC stock traded as high as $63.74 and as low as $43.73.

EMXC stock has underperformed the market in the last year with a return of +16.5%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in EMXC shares. However, EMXC has outperformed the market in the last 3 month and 2 week periods, returning +4.4% and +1.5%, while SPY returned +4.1% and +1.1%, respectively. This indicates EMXC has been having a stronger performance recently.

EMXC support price is $56.01 and resistance is $57.01 (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 EMXC stock will trade within this expected range on the day.