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UAE

GradeCNASDAQ Global Market

iShares MSCI UAE ETF

Countries & Regions · IShares · Inception 2014-04-28 · SEC filings

$20.16−0.04 (−0.17%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 68 prints from 20.19 to 20.16. Range 20.13 to 20.26. Use the arrow keys to read each point.$20.20$20.2510 AM12 PM2 PM4 PM
Expense ratio
0.59%
Fund size
$293M
1Y return
+7.8%
Yield · Last 12 months
4.22%
Holdings
57
Volume · 30D
0.3M sh
NAV per share
$19.94
52W range
low $17.29high $22.29

The ETF.net UAE Grade

C

50/ 100

Rank 9 of 22 in Emerging Markets Single Country⁠

Confidence High

Six-pillar profile for UAE. Scores out of 100: Cost 50, Risk 46, Mission 48, Tradability 45, Holdings 66, Durability 66. Strongest: Holdings (66). Weakest: Tradability (45). Leans toward Holdings and Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank16/22 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 48
    Category rank7/22 · top 32%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 46
    Category rank14/22 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 45
    Category rank14/22 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 66
    Category rank7/20 · top 35%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank7/22 · top 32%

Graded as of Sep 22, 2026

Our read on UAE

ETF.net Research

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

  1. 01One 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
  2. 02The word 'capped' is doing work. The index limits how large any single holding can grow, spreading the bet across roughly 60 names.ishares.com
  3. 03At 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.
  4. 04A decade-plus as a plain index tracker: representative sampling of the benchmark, no manager discretion bolted on.

Worth knowing

  1. 010.59% is real money next to broad emerging-market index funds, and cheaper single-country options exist (Franklin's Mexico fund, FLMX, charges 0.19%).
  2. 02About 60 stocks from a single country. Results ride on a narrow set of companies and on what happens in the UAE economy.
  3. 03Volume 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 Holdings

As of Sep 22, 2026, 3:52 AM
Asset class
Stocks
Holdings
57
Top-10 weight
66%
Largest holding
FIRST ABU DHABI BANK13.0%

Sectors

  • Financials39.0%
  • Real Estate18.9%
  • Communication13.2%
  • Industrials10.6%
  • Energy7.1%
  • Consumer Discr.4.9%
  • Utilities3.9%
  • Cons. Staples1.5%
  • Technology0.8%

Geography

  • United Arab Emirates100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—FIRST ABU DHABI BANK13.00%7,113,682$38M39
002—EMIRATES TELECOM11.21%5,574,629$33M46
003EMAAR.AEEMAAR PROPERTIES10.68%9,871,837$31M90
004EMIRATESNBD.AEEMIRATES NBD8.50%3,002,006$25M72
005—ABU DHABI COMMERCIAL BANK4.60%3,083,732$13M49
006—ABU DHABI ISLAMIC BANK4.41%2,057,603$13M54
007—ALDAR PROPERTIES4.07%5,462,514$12M48
008DIB.AEDB ISLAMIC BANK3.41%5,063,027$10M65
009—ADNOC GAS PLC3.30%10,846,024$10M36
010DEWA.AEDUBAI ELECTRICITY AND WATER AUTHOR2.72%10,741,743$8M60
011—ADNOC DRILLING COMPANY2.55%4,821,897$7M47
012—ADNOC LOGISTICS & SERVICES PLC2.13%3,092,477$6M42
013—ABU DHABI NATIONAL OIL COMPANY FOR2.03%5,419,306$6M42
014AIRARABIA.AEAIR ARABIA1.98%4,348,801$6M52
015DU.AEEMIRATES INTEGRATED TELECOMMUNICAT1.87%1,678,541$5M46

Showing 1–15 of 61 holdings

UAE Performance

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

UAE$10,778
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. UAE $10,778. SPY $11,723. Use the arrow keys to read each point.$8,793$10,387$11,982Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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+9.1%
1 month+3.6%
3 months+1.1%
1 year+7.8%
3 years+13.6%per year
5 years+10.4%per year
10 years+6.0%per year

As of the close, 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+9.1%
2025+21.3%
2024+15.3%
2023+2.9%
2022−5.3%
2021+44.1%
2020−7.3%

UAE in the news

ETF.net Research hasn’t filed on UAE yet — coverage lands here as it’s written.

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 Sep 22, 2026.
4.22%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

UAE Risk

How much the fund’s monthly returns vary, scaled to a year.
15.5%
Annualised · 36 months to Aug 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.
0.61
vs 3-month T-bills · to Aug 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.

UAE Cost

Expense ratio0.59%
  • The middle half of Emerging Markets Single Country funds
  • Median 0.59%

6 of the 21 Emerging Markets Single Country funds charge less.

UAE costs $59.00 a year on $10,000. The median Emerging Markets Single Country fund costs $59.00.