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ETFs

iShares MSCI Saudi Arabia ETF

KSA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 16 2015
Expense Ratio
0.74%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$16,515,386
AUM
$924,694,741
Associated Index
MSCI Saudi Arabia IMI 25/50 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

RJHI
AL RAJHI BANK
11.65%
SNB
THE SAUDI NATIONAL BANK
8.49%
ARAMCO
SAUDI ARABIAN OIL
7.89%
SABIC
SAUDI BASIC INDUSTRIES
6.49%
STC
SAUDI TELECOM
6.09%
MAADEN
SAUDI ARABIAN MINING
3.93%
RIBL
RIYAD BANK
3.60%
ALINMA
ALINMA BANK
2.98%
SABB
SAUDI AWWAL BANK
2.94%
SAFCO
SABIC AGRI-NUTRIENTS
2.34%
Invest with KSA

What is KSA?

The iShares MSCI Saudi Arabia Capped ETF seeks to track the investment results of a broad-based index composed of Saudi Arabian equities. The MSCI Saudi Arabia IMI 25/50 Index is designed to measure the performance of the large, mid and small cap segments of theSaudi Arabia market. The index incorporates foreign ownership limit restrictions. It also applies certain investment limits that areimposed on regulated investment companies, or RICs, under the current US Internal Revenue Code. With 57 constituents, the index coversapproximately 99% of the free float-adjusted market capitalization in Saudi Arabia.

ETFs related toKSA

ETFs correlated to KSA include EMC, XAUG, VYMI

KSA
BlackRock Institutional Trust Company N.A. - iShares MSCI Saudi Arabia ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
IPKW
Invesco Capital Management LLC - Invesco International BuyBack Achievers TM ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 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 toKSA

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with KSA using Composer

FAQ

KSA is a Global Ex. US Equities ETF. The iShares MSCI Saudi Arabia Capped ETF seeks to track the investment results of a broad-based index composed of Saudi Arabian equities. The MSCI Saudi Arabia IMI 25/50 Index is designed to measure the performance of the large, mid and small cap segments of theSaudi Arabia market. The index incorporates foreign ownership limit restrictions. It also applies certain investment limits that areimposed on regulated investment companies, or RICs, under the current US Internal Revenue Code. With 57 constituents, the index coversapproximately 99% of the free float-adjusted market capitalization in Saudi Arabia.

KSA tracks the MSCI Saudi Arabia IMI 25/50 Index.

No, KSA 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, KSA 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 KSA is -0.0401%. This is the percent change in the value of KSA over the most recent 1-month period. The 3-month return on KSA is -0.0526%. This is the percent change in the value of KSA over the most recent 3-month period.

The standard deviation of KSA for the past year is 0.1626%. 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 KSA include EWZ, EWW, and EWT.

ETFs correlated to KSA include EMC, XAUG, and VYMI.

ETFs that are inversely correlated to KSA include EFZ, EPV, and EDZ.

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.