iShares Trust iShares MSCI Kuwait ETFii

iShares Trust iShares MSCI Kuwait ETF

38.56USDR
+0.14+0.36%
As of today at 15:23 GMT
USD
No trades
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Key stats


Assets under management (AUM)
‪82.18 M‬USD
Fund flows (1Y)
‪9.00 M‬USD
Dividend yield (indicated)
3.37%
Discount/Premium to NAV
0.02%
Shares outstanding
‪2.15 M‬
Expense ratio
0.74%

About iShares Trust iShares MSCI Kuwait ETF


Brand
iShares
Home page
Inception date
Sep 1, 2020
Structure
Open-Ended Fund
Index tracked
MSCI All Kuwait Select Size Liquidity Capped Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
KWT tracks an index that aims to provide broad exposure to companies headquartered or listed in Kuwait and carry out the majority of their operations in the area. The underlying index applies size and liquidity caps to the MSCI All Kuwait 30 Index. The index is market-cap weighted with large- and midcap companies being capped at 25% and all issuers with a weight above 5% do not cumulatively exceed 50% weight in the index. Small-cap companies and less liquid securities are represented at their weight as in the Parent Index, therefore not subject to capping. Investors should take note of sector exposure as this will change over time. The fund can concentrate its investments in a particular industry or group, which may or may not be energy.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
Kuwait
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
100%
Top 10 holdings
Symbol
Assets
Symbol
Assets
N
National Bank of Kuwait K.S.C.NBK
22.95%
K
Kuwait Finance House K.S.C.KFH
22.90%
Z
Mobile Telecommunications Company K.S.C.PZAIN
4.12%
W
Warba Bank KSCWARBABANK
3.87%
G
Gulf Bank K.S.C.GBK
3.40%
M
Mabanee Company (SAKC)MABANEE
3.03%
N
National Industries Group (Holding) SAKNIND
2.40%
B
Boursa Kuwait Securities Company (K.P.S.C)BOURSA
2.09%
K
Kuwait International Bank KSCKIB
1.91%
A
Commercial Real Estate Co.ALTIJARIA
1.90%
Top 10 weight68.56%
39 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KWT trades at 38.56 USD today, its price has risen 0.36% in the past 24 hours. Track more dynamics on KWT price chart.
KWT net asset value is 38.38 today — it's risen 2.72% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KWT assets under management is ‪83.01 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KWT price has risen by 3.23% over the last month, and its yearly performance shows a 18.90% increase. See more dynamics on KWT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.72% over the last month, showed a 10.30% increase in three-month performance and has increased by 21.75% in a year.
KWT fund flows account for ‪9.00 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KWT invests in stocks. See more details in our Analysis section.
KWT expense ratio is 0.74%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KWT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, KWT technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating KWT shows the buy signal. See more of KWT technicals for a more comprehensive analysis.
Yes, KWT pays dividends to its holders with the dividend yield of 3.38%.
KWT trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KWT shares are issued by BlackRock, Inc.
KWT follows the MSCI All Kuwait Select Size Liquidity Capped Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 1, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.