iShares MSCI UAE ETF (UAE US)
UAE US$19.16
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 19.16
- Change
- ▼ -0.27 (-1.39)
- Bid / Ask
- 19.08 - 21.71
- Volume
- 15,878
- Turnover
- 276,115
- Open
- 19.13
- Day Range
- 19.13 - 19.19
- VWAP
- 19.16
- Prev Close
- 19.43
- Last Trade
- 29/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$298.6M
OCT 2026
Distributions
Semi-Annually
Since inception
12.5 yrs
APR 2014
- Legal name
- iShares MSCI UAE ETF
- Issuer
- iShares
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Focused Region
- Category index
- MSCI ACWI Ex USA NR USD
- Benchmark
- MSCI EM NR USD
- ETF net assets
- $298.6M
- Units on issue
- 15.6M
- Management fee
- 0.59% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 29 APR 2014
- Listed
- 1 MAY 2014
- Index provider
- MSCI Inc.
Objective and strategy
The investment seeks to track the investment results of the MSCI All UAE Capped Index composed of UAE equities. The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is designed to measure the equity market in the United Arab Emirates ("UAE"). The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 99.84%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.84 | 99.84 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 0.16 | 7.84 | 7.68 |
| Other | 0.00 | 0.00 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 63.15%Sensitive 31.43%Defensive 5.42%
- Basic Materials
- 0.00%
- Consumer Cyclical
- 4.89%
- Financial Services
- 38.49%
- Real Estate
- 19.77%
- Communication Services
- 13.08%
- Energy
- 6.98%
- Industrials
- 10.47%
- Technology
- 0.91%
- Consumer Defensive
- 1.50%
- Healthcare
- 0.00%
- Utilities
- 3.92%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 100.00%Emerging markets 0.00%
- North America
- 0.00%
- Latin America
- 0.00%
- United Kingdom
- 0.00%
- Europe Developed
- 0.00%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 100.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- Other Countries
- 100.00%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Value
Size score
203
Small
Mid
Large
Value-growth score
43
Value
Blend
Growth
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 0.00%
- Large
- 61.14%
- Mid
- 26.56%
- Small
- 10.10%
- Micro
- 2.21%
Large 61%Mid 27%Small 10%Micro 2%
- Average market cap
- $18.74B
- Number of holdings
- 116
- Shares held
- 57
Portfolio statistics · 12 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 9.12
- Price / book
- 1.59
- Price / sales
- 2.69
- Price / cash flow
- 7.00
- Dividend yield
- 4.97%
- Assets in top 10
- 65.90%
- Return on equity
- 22.13%
- Net margin
- 35.80%
- Earnings growth (3 yr)
- 20.51%
Top holdings · top 10 = 66.32% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| First Abu Dhabi Bank PJSC FAB | 13.04 | FEB 2026 | 42.4M | AED | 7.9M | Financial Services | United Arab Emirates | |
| Emirates Telecommunications Group Co PJSC EAND | 11.18 | FEB 2026 | 36.3M | AED | 6.2M | Communication Services | United Arab Emirates | |
| Emaar Properties PJSC EMAAR | 10.58 | FEB 2026 | 34.4M | AED | 10.9M | Real Estate | United Arab Emirates | |
| Emirates NBD PJSC EMIRATESNB | 8.68 | FEB 2026 | 28.2M | AED | 3.3M | Financial Services | United Arab Emirates | |
| Abu Dhabi Commercial Bank ADCB | 4.78 | FEB 2026 | 15.6M | AED | 3.4M | Financial Services | United Arab Emirates | |
| Abu Dhabi Islamic Bank ADIB | 4.48 | FEB 2026 | 14.6M | AED | 2.3M | Financial Services | United Arab Emirates | |
| Aldar Properties PJSC ALDAR | 4.13 | FEB 2026 | 13.4M | AED | 6.0M | Real Estate | United Arab Emirates | |
| Dubai Islamic Bank PJSC DIB | 3.39 | FEB 2026 | 11.0M | AED | 5.6M | Financial Services | United Arab Emirates | |
| ADNOC Gas PLC ADNOCGAS | 3.35 | FEB 2026 | 10.9M | AED | 12.0M | Energy | United Arab Emirates | |
| Dubai Electricity & Water Authority PJSC DEWA | 2.70 | FEB 2026 | 8.8M | AED | 11.9M | Utilities | United Arab Emirates |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
3.3
3M
5.3
6M
13.2
YTD
8.2
1Y
10.7
3Y
13.6
5Y
10.6
10Y
5.8
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | 3.31 | 3.19 | 3.36 | — |
| 3 months | 5.31 | 5.58 | 5.46 | — |
| 6 months | 13.18 | 11.22 | 13.51 | — |
| Year to date | 8.20 | 8.48 | 8.67 | — |
| 1 year | 10.67 | 10.88 | 11.32 | — |
| 3 years p.a. | 13.64 | 14.05 | 14.32 | — |
| 5 years p.a. | 10.62 | 10.34 | 11.28 | — |
| 10 years p.a. | 5.83 | 5.87 | 6.45 | — |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2016
11.9
2017
3.2
2018
-12.5
2019
-0.6
2020
-7.5
2021
44.7
2022
-6.0
2023
2.8
2024
15.9
2025
21.6
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 21.61 | 16.80 | — |
| 2024 | 15.85 | 12.15 | — |
| 2023 | 2.76 | -0.51 | — |
| 2022 | -6.04 | -8.50 | — |
| 2021 | 44.73 | 37.96 | — |
| 2020 | -7.53 | -11.70 | — |
| 2019 | -0.64 | -4.03 | — |
| 2018 | -12.49 | -17.04 | — |
| 2017 | 3.25 | -0.15 | — |
| 2016 | 11.88 | 6.87 | — |
| 2015 | -15.16 | -18.30 | — |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -5.41 | -0.25 | 4.91 | 0.07 |
| Beta | 0.85 | 0.65 | 0.40 | 0.62 |
| R-squared | 61.17 | 30.13 | 14.88 | 28.39 |
| Standard deviation | 19.23 | 15.63 | 16.06 | 17.53 |
| Sharpe ratio | 0.42 | 0.61 | 0.47 | 0.27 |
| Sortino ratio | 0.54 | 0.85 | 0.66 | 0.38 |
| Tracking error | 12.29 | 13.90 | 17.47 | 15.89 |
| Information ratio | -0.76 | -0.50 | 0.06 | -0.22 |
| Upside capture % | 74.57 | 54.30 | 49.27 | 53.28 |
| Downside capture % | 99.37 | 29.41 | 17.47 | 48.50 |
| Maximum drawdown % | -13.31 | -13.31 | -23.78 | -42.84 |
Measured against MSCI ACWI Ex USA NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
76.0
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 4.035
- Est. holding cost %
- 0.660
- Market impact cost %
- 0.075
- Best quarter
- 23.05% · APR 2016
- Worst quarter
- -31.65% · MAR 2020
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.59% p.a.
- PDS dated
- 30 DEC 2025
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.6631
- Ex Date
- 15 JUN 2026
- Record Date
- 15 JUN 2026
- Pay Date
- 18 JUN 2026
- NAV at ex date
- 19.06
- Paid this year
- 0.6631
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.8
2023
0.5
2022
0.5
2021
0.4
2020
0.8
2019
0.6
2018
0.5
2017
0.8
2016
0.6
2015
0.8
| Year | Per unit ($) |
|---|---|
| 2024 | 0.7843 |
| 2023 | 0.5463 |
| 2022 | 0.4827 |
| 2021 | 0.3985 |
| 2020 | 0.7880 |
| 2019 | 0.5604 |
| 2018 | 0.4759 |
| 2017 | 0.7619 |
| 2016 | 0.5687 |
| 2015 | 0.7836 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 15 JUN 2026 | 0.6631 |
| 16 DEC 2025 | 0.1883 |
| 16 JUN 2025 | 0.5960 |
| 17 DEC 2024 | 0.0188 |
| 11 JUN 2024 | 0.5276 |
| 20 DEC 2023 | 0.0943 |
| 7 JUN 2023 | 0.3884 |
| 13 DEC 2022 | 0.0324 |
| 9 JUN 2022 | 0.3662 |
| 13 DEC 2021 | 0.2829 |
| 10 JUN 2021 | 0.5052 |
| 14 DEC 2020 | 0.0076 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Low
ESG risk score
23.34
Negligible
Low
Medium
High
Severe
Category average 20.31
- Rank in category
- 91st percentile of 1,774 funds
- Environmental risk
- 3.90
- Social risk
- 7.61
- Governance risk
- 6.22
- Portfolio covered
- 91.6%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.00%
- Low
- 42.19%
- Medium
- 42.85%
- High
- 10.89%
- Severe
- 4.07%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
11.96
Low
Medium
High
Severe
Category average 11.06
- Carbon risk
- Medium Risk
- Rank in category
- 76th percentile of 388 funds
- Fossil fuel involvement
- 13.86%
- Category average
- 15.05%
- Low Carbon Designation
- No
- Portfolio covered
- 90.4%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Jennifer Hsui
- Peter Sietsema
- Matt Waldron
- Steven White
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 4
- Average tenure
- 4.3 years
- Longest tenure
- 12.5 years
- Longest serving
- Jennifer Hsui · since 29 APR 2014
- Most recent appointment
- Peter Sietsema, Matt Waldron, Steven White · since 1 APR 2025
- Managed since
- 29 APR 2014
- Other funds managed
- 388
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
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