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ETFs

iShares Core MSCI International Developed Markets ETF

IDEV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 21 2017
Expense Ratio
0.04%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$30,255,075
AUM
$10,177,346,525
Associated Index
MSCI World ex USA Investable Market Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NESN
Nestle SA
1.68%
ASML
ASML HOLDING NV
1.34%
NOVOB
NOVO NORDISK A/S-B
1.25%
MC
LVMH
1.24%
AZN
ASTRAZENECA PLC
1.07%
SHEL
SHELL PLC
1.03%
ROG
Roche Holding AG
1.02%
NOVN
Novartis AG - Registered Shares
0.91%
BHP
BHP Group Limited
0.76%
TTE
TOTALENERGIES SE
0.75%
Invest with IDEV

What is IDEV?

The iShares Core MSCI International Developed Markets ETF seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the United States. The Fund seeks to track the investment results of the MSCI World ex USA Investable Market Index (the Underlying Index ), which has been developed by MSCI Inc. (the Index Provider or MSCI ) as an equity benchmark for international stock performance in non-U.S. developed markets. The Underlying Index is free float adjusted, market cap weighted, and is designed to measure large-, mid-and small-capitalization equity market performance.

ETFs related toIDEV

ETFs correlated to IDEV include VEA, SCHF, SPDW

IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIDEV

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IDEV using Composer

FAQ

IDEV is a Global Ex. US Equities ETF. The iShares Core MSCI International Developed Markets ETF seeks to track the investment results of an index composed of large-, mid- and small-capitalization developed market equities, excluding the United States. The Fund seeks to track the investment results of the MSCI World ex USA Investable Market Index (the Underlying Index ), which has been developed by MSCI Inc. (the Index Provider or MSCI ) as an equity benchmark for international stock performance in non-U.S. developed markets. The Underlying Index is free float adjusted, market cap weighted, and is designed to measure large-, mid-and small-capitalization equity market performance.

IDEV tracks the MSCI World ex USA Investable Market Index.

No, IDEV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IDEV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IDEV is -0.015%. This is the percent change in the value of IDEV over the most recent 1-month period. The 3-month return on IDEV is 0.0474%. This is the percent change in the value of IDEV over the most recent 3-month period.

The standard deviation of IDEV for the past year is 0.2131%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IDEV include EZU, IEV, and FEZ.

ETFs correlated to IDEV include VEA, SCHF, and SPDW.

ETFs that are inversely correlated to IDEV include EFZ, EPV, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.