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Launched · SEC filings

iShares MSCI UAE ETF

UAENasdaqiSharesC

$19.22+0.22 (+1.16%)

At close: Nov 2, 2026, 4:00 PM ET

C53/ 100

Rank 7 of 22 in Emerging Markets Single Country

C53/100Rank 7 of 22inEmerging Markets Single Country
Intraday session: up, 79 prints from 19.00 to 19.22. Range 19.17 to 19.40. Use the arrow keys to read each point.19.1019.3019.4010 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$298M
1Y total return
+0.8%
Yield · Last 12 months
4.48%
Holdings
62
Avg volume · 30D
215K sh
52W range
low $17.29high $22.29
Launched
Filings
SEC EDGAR

The ETF.net UAE Grade

C

Score 53 out of 100

Category
Emerging Markets Single Country⁠
Rank
7 of 22
Six-pillar profile for UAE. Scores out of 100: Cost 50, Risk 55, Mission 51, Tradability 54, Holdings 66, Durability 67. Strongest: Durability (67). Weakest: Cost (50). Leans toward Durability and Holdings.

Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C50 out of 100
    Rank 7 of 22

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C51 out of 100
    Rank 7 of 22

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 9 of 22

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C54 out of 100
    Rank 9 of 22

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B66 out of 100
    Rank 7 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B67 out of 100
    Rank 7 of 22

Our read on UAE

ETF.net Research

In short

CA one-ticker slice of the Emirati stock market. It tracks a capped MSCI index of roughly 60 UAE companies, so no single name can swallow the fund, and it has been doing that job since 2014.

Stated mandate

The Fund seeks to track the MSCI All UAE Capped Index, an index of UAE equities, using representative sampling rather than attempting to outperform the index.

Why people hold it

  • One ticker, one market: UAE-listed equities in a standard US fund that tracks the MSCI All UAE Capped Index instead of picking stocks.ishares.com
  • The word 'capped' is doing work. The index limits how large any single holding can grow, spreading the bet across roughly 60 names.ishares.com
  • At 0.59% it sits right at the middle of the single-country emerging-market pack, the same sticker as iShares' Poland (EPOL) and South Africa (EZA) funds.
  • A decade-plus as a plain index tracker: representative sampling of the benchmark, no manager discretion bolted on.

Worth knowing

  • 0.59% is real money next to broad emerging-market index funds, and cheaper single-country options exist (Franklin's Mexico fund, FLMX, charges 0.19%).
  • About 60 stocks from a single country. Results ride on a narrow set of companies and on what happens in the UAE economy.
  • Volume is moderate rather than deep and the fund is mid-sized, so bid-ask spreads can run wider than on giant US index funds. Payouts come once or twice a year.

UAE Performance

Launched Apr 29, 2014

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UAE$10,075
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. UAE $10,075. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for UAE. Periods over one year show the average yearly return.
PeriodUAE
Year to date+2.7%
1 month−5.3%
3 months+0.4%
1 year+0.8%
3 yearsper year+15.9%
5 yearsper year+9.2%
10 yearsper year+5.9%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UAE
YearReturn barUAE
2026 YTD+2.7%
2025+21.3%
2024+15.3%
2023+2.9%
2022−5.3%
2021+44.1%
2020−7.3%

UAE in the news

UAE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.48%Last 12 months
Payout per share
$0.85Last 12 months
Last payment
$0.66 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 18 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.47; Dec 19, 2017 $0.10; Jun 19, 2018 $0.69; Dec 18, 2018 $0.07; Jun 17, 2019 $0.48; Jun 15, 2020 $0.55; Dec 14, 2020 $0.0076; Jun 10, 2021 $0.51; Dec 13, 2021 $0.28; Jun 9, 2022 $0.37; Dec 13, 2022 $0.03; Jun 7, 2023 $0.39; Dec 20, 2023 $0.09; Jun 11, 2024 $0.53; Dec 17, 2024 $0.02; Jun 16, 2025 $0.60; Dec 16, 2025 $0.19; Jun 15, 2026 $0.66. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.66
Dec 16, 2025Dec 19, 2025$0.19
Jun 16, 2025Jun 20, 2025$0.60
Dec 17, 2024Dec 20, 2024$0.02
Jun 11, 2024Jun 17, 2024$0.53
Dec 20, 2023Dec 27, 2023$0.09
Jun 7, 2023Jun 13, 2023$0.39
Dec 13, 2022Dec 19, 2022$0.03
Jun 9, 2022Jun 15, 2022$0.37
Dec 13, 2021Dec 17, 2021$0.28
Jun 10, 2021Jun 16, 2021$0.51
Dec 14, 2020Dec 18, 2020$0.0076

See all 26 payments⁠

$10,000 in UAE 10 years ago paid $3,884 in dividends.⁠

UAE Risk

Risk pillarB55 out of 100Rank 9 of 22 in Emerging Markets Single Country
How much the fund’s monthly returns vary, scaled to a year.
14.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.78
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−27.4%
Trough Mar 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.64
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

UAE Cost

Compare UAE and FLMX

Overpaying vs FLMX, cheapest in Emerging Markets Single Country

$7,683

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UAE 0.59%

    $11,635

  • FLMX 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • UAE 0.59%
  • FLMX 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530UAE $11,635FLMX $3,952

Year by year

YearUAEFLMXOverpaying
10$1,058$347$711
20$4,051$1,351$2,700
30$11,635$3,952$7,683

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