ETF Evaluator: iShares Emerging Markets Infras ETF (EMIF) Follow This ETF

iShares Emerging Markets Infras ETF Overview

iShares Emerging Markets Infras ETF (EMIF) is a passively managed International Equity Diversified Emerging Mkts exchange-traded fund (ETF). iShares launched the ETF in 2009.

The investment seeks to track the investment results of the S&P Emerging Markets Plus Infrastructure Index, which is designed to track the performance of 30 of the largest publicly listed companies in the infrastructure industry in emerging markets. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

About iShares Emerging Markets Infras ETF (EMIF)

There are 4 members of the management team with an average tenure of 4.42 years: Jennifer Hsui (2012), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: S&P Emerging Markets Plus Infra USD index with a weighting of 100%. iShares Emerging Markets Infras ETF has 47 securities in its portfolio. The top 10 holdings constitute 63.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

iShares Emerging Markets Infras ETF is part of the Equity global asset class and is within the International Equity ETF group. iShares Emerging Markets Infras ETF has 98.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 98.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares Emerging Markets Infras ETF has 1.6% of the portfolio in cash.

Assets Under Management

The fund has $13 million in total assets, which is below the $3 billion average for the Diversified Emerging Mkts category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

EMIF Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Emerging Markets Infras ETF expense ratio is above average compared to funds in the Diversified Emerging Mkts category. iShares Emerging Markets Infras ETF has an expense ratio of 0.60%, which is 16% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Emerging Markets Infras ETF has a portfolio turnover rate of 28%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 44% for the Diversified Emerging Mkts category.

Recently, in the month of June 2026, iShares Emerging Markets Infras ETF returned -2.2%, which earned it a grade of D, as the Diversified Emerging Mkts category had an average return of -1.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

iShares Emerging Markets Infras ETF has a trailing yield of 4.22%, which is above the 2.36% category average. The fund normally distributes its income semi-annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

iShares Emerging Markets Infras ETF Grades

Year to date, the ETF has returned 0.7%, 20.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 14.7% over the past year (grade of F), 10.3% over the past three years (grade of F) and 4.9% per year over the past five years (grade of F) and 1.8% per year over the past 10 years (grade of F).

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