iShares MSCI UAE ETF (UAE)
| Assets | $136.89M |
| Expense Ratio | 0.60% |
| PE Ratio | 10.24 |
| Shares Out | 7.35M |
| Dividend (ttm) | $0.55 |
| Dividend Yield | 2.94% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Ratio | 30.09% |
| 1-Year Return | +34.96% |
| Volume | 865,305 |
| Open | 18.59 |
| Previous Close | 18.59 |
| Day's Range | 18.41 - 18.59 |
| 52-Week Low | 13.25 |
| 52-Week High | 18.72 |
| Beta | 0.41 |
| Holdings | 101 |
| Inception Date | Apr 29, 2014 |
About UAE
Fund Home PageThe iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is issued by BlackRock.
Top 10 Holdings
72.31% of assets| Name | Symbol | Weight |
|---|---|---|
| EMAAR PROPERTIES | EMAAR.DB | 17.03% |
| First Abu Dhabi Bank P.J.S.C. | FAB | 14.17% |
| Emirates Telecommunications Group Company PJSC | EAND | 11.56% |
| Abu Dhabi Islamic Bank PJSC | ADIB | 5.30% |
| EMIRATES NBD | EMIRATESNBD.DB | 4.75% |
| DB ISLAMIC BANK | DIB.DB | 4.58% |
| Abu Dhabi Commercial Bank PJSC | ADCB | 4.45% |
| Aldar Properties PJSC | ALDAR | 4.07% |
| ADNOC Drilling Company P.J.S.C. | ADNOCDRILL | 3.66% |
| Abu Dhabi National Oil Company for Distribution PJSC | ADNOCDIST | 2.74% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.01877 | Dec 20, 2024 |
| Jun 11, 2024 | $0.52758 | Jun 17, 2024 |
| Dec 20, 2023 | $0.09431 | Dec 27, 2023 |
| Jun 7, 2023 | $0.38837 | Jun 13, 2023 |
| Dec 13, 2022 | $0.03236 | Dec 19, 2022 |
| Jun 9, 2022 | $0.36617 | Jun 15, 2022 |
News
UAE: This Emirati ETF Faces Significant Concentration Risk
iShares MSCI UAE ETF offers some exposure to the UAE's impressive economy, one of the most rapidly growing of the past half century. Unfortunately, the ETF's historical performance has been underwhelm...
EXCLUSIVE: These Emerging Markets Are The Calm In The Tariff Storm
As global markets spiral from fresh tariff hikes, some emerging markets defy the chaos—surviving and thriving.
UAE: A Diverse Opportunity Set For Fair Value
iShares MSCI UAE ETF offers decent value and yield characteristics, along with diversification benefits. The Macro outlook is positive, with a burgeoning tourism industry, and continued growth in the ...
How The UAE's Trade Pacts Lift The Growth Path
The UAE is pursuing deepening trade and investment relations with countries including India, Turkey, Israel, and Indonesia in the form of Comprehensive Economic Partnership Agreements. he specific sco...
UAE ETF: Not The Worst Option Around
The iShares MSCI UAE ETF, with a listing history of over 9 years and an AUM of $39m, covers 38 stocks exposed to the Middle East's second-largest economy. Despite a weaker growth threshold this year, ...
The Arab Gulf States Defeat Global Slowdown
The Gulf Cooperation Council area has so far withstood global challenges, with year-on-year GDP growth accelerating to 6.9% in 2022, driven by high oil prices and stronger growth rates in non-oil sect...
UAE Non-Oil Sector Maintains Robust Growth Despite Faltering Global Economy
The UAE non-oil sector has seen a robust acceleration in business activity growth since the height of the COVID-19 pandemic. The improvement in business conditions over September was marked by another...
UAE: Risks Are High Despite Steady Economic Expansion
UAE is an around $44 million fund with a portfolio cramming 32 United Arab Emirates equities from the MSCI All UAE Capped Index. The Emirates' economy is growing at a healthy pace, with inflation kept...
UAE - Encouraging Outlook, But The Risk-Reward Isn't Great
UAE suffers from concentration risk and is prone to frequent churn.
UAE: United Arab Emirates Stocks Probably Undervalued, But Long-Term Returns Are Capped
UAE invests in United Arab Emirates equities. The fund is probably undervalued fundamentally, even after its strong recent performance.