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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)
$548,791
AUM
$40,057,825
Associated Index
MSCI All UAE Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EAND
Emirates Telecommunication Group Company
17.50%
FAB
First Abu Dhabi Bank PJSC
14.56%
EMAAR
Emaar Properties
12.35%
ALDAR
Al Dar Properties
4.78%
EMIRATESNBD
Emirates NBD PJSC.
4.62%
ADCB
Abu Dhabi Commercial Bank
4.43%
DIB
Dubai Islamic Bank
4.38%
ADIB
Abu Dhabi Islamic Bank
4.07%
MULTIPLY
Multiply Group PJSC
4.00%
ADNOCDIST
Abu Dhabi National Oil Company For Distribution PJSC
3.40%
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 IBDY, BINC, EMC

UAE
BlackRock Institutional Trust Company N.A. - iShares MSCI UAE ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
JPLD
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Limited Duration Bond ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
INDA
BlackRock Institutional Trust Company N.A. - iShares MSCI India ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
INDY
BlackRock Institutional Trust Company N.A. - iShares India 50 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 toUAE

#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 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 0.0338%. This is the percent change in the value of UAE over the most recent 1-month period. The 3-month return on UAE is 0.0678%. 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 0.1544%. 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 EWZ, EWW, and EWT.

ETFs correlated to UAE include IBDY, BINC, and EMC.

ETFs that are inversely correlated to UAE include FAZ, DXD, and SDOW.

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.