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ETFs

iShares Trust iShares MSCI UAE ETF

UAE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 29 2014
Expense Ratio
0.58%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$243,845
AUM
$35,597,185
Associated Index
MSCI All UAE Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EAND
EMIRATES TELECOM GROUP CO
20.71%
FAB
FIRST ABU DHABI BANK PJSC
15.11%
EMAAR
EMAAR PROPERTIES PJSC
7.87%
ADNOCDIS
ABU DHABI NATIONAL OIL CO FO
4.63%
EMIRATES
EMIRATES NBD PJSC
4.52%
ADCB
ABU DHABI COMMERCIAL BANK
4.44%
DIB
DUBAI ISLAMIC BANK
4.43%
ADIB
ABU DHABI ISLAMIC BANK
4.43%
ALDAR
ALDAR PROPERTIES PJSC
4.17%
MULTIPLY
MULTIPLY GROUP
3.71%
Invest with UAE

What is UAE?

The iShares MSCI UAE Capped ETF seeks to track the investment results of a broad-based index composed of UAE equities. Exposure to a broad range of companies in the United Arab Emirates (UAE). Targeted access to UAE stocks.

ETFs related toUAE

ETFs correlated to UAE include EMXC, EELV, JPEM

UAE
BlackRock Institutional Trust Company N.A. - iShares MSCI UAE ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
JPEM
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return Emerging Markets Equity ETF
EEMV
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Min Vol Factor ETF
EWX
SSgA Active Trust - SPDR S&P Emerging Markets Small Cap ETF
EMGF
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Equity Factor ETF
FEMS
First Trust Exchange-Traded Fund III - First Trust Emerging Markets Small Cap AlphaDEX Fund
KSA
BlackRock Institutional Trust Company N.A. - iShares MSCI Saudi Arabia ETF
AVES
American Century ETF Trust - Avantis Emerging Markets Value ETF
FEM
First Trust Exchange-Traded Fund III - First Trust Emerging Markets AlphaDEX Fund

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 toUAE

#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 UAE using Composer

FAQ

UAE is a Global Ex. US Equities ETF. The iShares MSCI UAE Capped ETF seeks to track the investment results of a broad-based index composed of UAE equities. Exposure to a broad range of companies in the United Arab Emirates (UAE). Targeted access to UAE stocks.

UAE tracks the MSCI All UAE Capped Index.

No, UAE 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, UAE 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 UAE is -0.0491%. This is the percent change in the value of UAE over the most recent 1-month period. The 3-month return on UAE is -0.0918%. This is the percent change in the value of UAE over the most recent 3-month period.

The standard deviation of UAE for the past year is 0.2042%. 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 UAE include EWJ, EWW, and EWZ.

ETFs correlated to UAE include EMXC, EELV, and JPEM.

ETFs that are inversely correlated to UAE include EUM, EDZ, and TAIL.

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.