Skip to Content
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)
$17,563,906
AUM
$856,479,350
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
13.24%
SNB
THE SAUDI NATIONAL BANK
9.34%
SABIC
SAUDI BASIC INDUSTRIES CORP
7.27%
ARAMCO
SAUDI ARABIAN OIL CO
6.83%
STC
SAUDI TELECOM CO
4.81%
MAADEN
SAUDI ARABIAN MINING CO
4.22%
RIBL
RIYAD BANK
3.89%
SABB
SAUDI BRITISH BANK
3.07%
ALINMA
ALINMA BANK
2.86%
SAFCO
SABIC AGRI-NUTRIENTS CO
2.40%
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 JIRE, AVGE, EEMV

KSA
BlackRock Institutional Trust Company N.A. - iShares MSCI Saudi Arabia ETF
JIRE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan International Research Enhanced Equity ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
EEMV
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Min Vol Factor ETF
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
JPEM
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return Emerging Markets Equity ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield 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

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

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 0.0305%. This is the percent change in the value of KSA over the most recent 1-month period. The 3-month return on KSA is 0.0194%. 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 0.1971%. 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 EWJ, EWW, and EWZ.

ETFs correlated to KSA include JIRE, AVGE, and EEMV.

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.