Key stats
About iShares MSCI UAE ETF
Expense ratio
0.59%
Home page
Inception date
Apr 29, 2014
UAE offers vanilla coverage to a truly emerging market. The United Arab Emirates has progressed from frontier market status to emerging market status in the eyes of indexing-giant MSCI, and iShares wasted little time in bringing UAE to market. UAEs basket, while market-like, is nonetheless concentrated in a handful of stocks. The fund tracks a capped version of the benchmark index, which is a free float-adjusted, market capitalization-weighted index with a capping methodology applied such that individual components do not exceed more than 25% of the Underlying Index weight, and those with a weight more than 5% do not cumulatively exceed 50% of the underlying index weight. This places an upper bound on concentration. All in all, UAE offers exposure to a hard-to-access corner of the equity market.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Communications
Stocks99.80%
Finance63.32%
Communications12.31%
Transportation6.10%
Industrial Services5.30%
Energy Minerals4.13%
Consumer Services3.66%
Non-Energy Minerals1.37%
Process Industries0.93%
Utilities0.78%
Technology Services0.64%
Retail Trade0.60%
Producer Manufacturing0.60%
Commercial Services0.05%
Bonds, Cash & Other0.20%
Cash0.20%
Miscellaneous0.00%
Stock breakdown by region
Middle East100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history