Middle East & Africa ETFs invest in the equity of companies from the Middle East and Africa region. The region is known for its rich energy and minerals sector, alongside a buoyant financial industry and a nascent technology sector.
Middle East & Africa ETFs are part of the following market segments:
With 12 ETFs traded in the U.S. markets, Middle East and Africa ETFs gather total assets under management of $1.25B. The average expense ratio is 0.72%. Middle East and Africa ETFs can be found in the following asset classes:
The largest Middle East and Africa ETF is the iShares MSCI South Africa ETF EZA with $523.44M in assets. In the last trailing year, the best performing Middle East and Africa ETF was the NGE at 47.52%. The most-recent ETF launched in the Middle East and Africa space was the ARK Israel Innovative Technology ETF IZRL in 12/05/17.