UAEiShares MSCI UAE ETF
UAE Fund Description
UAE tracks a market-cap-weighted index of large-, mid and small-cap UAE companies.
UAE Factset Analytics Insight
UAE offers vanilla coverage to a truly emerging market. The United Arab Emirates has progressed from frontier market status to emerging market status in the eyes of indexing-giant MSCI, and iShares wasted little time in bringing UAE to market. UAE’s basket, while market-like, is nonetheless concentrated in a handful of stocks. The fund tracks a capped version of the benchmark index, which is a free float-adjusted, market capitalization-weighted index with a capping methodology applied — such that individual components do not exceed more than 25% of the Underlying Index weight, and those with a weight more than 5% do not cumulatively exceed 50% of the underlying index weight. This places an upper bound on concentration. All in all, UAE offers exposure to a hard-to-access corner of the equity market.
UAE MSCI ESG Analytics Insight
iShares MSCI UAE ETF has an MSCI ESG Fund Rating of BBB based on a score of 6.04 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares MSCI UAE ETF ranks in the 42nd percentile within its peer group and in the 75th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
UAE MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
UAE Portfolio Data
UAE Index Data
UAE Portfolio Management
UAE Tax Exposures
UAE Fund Structure
UAE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of UAE. UAE is rated a 1 out of 5.
UAE Sector/Industry Breakdown
UAE Top 10 Holdings[View All]
UAE Economic Development
UAE Performance Statistics
UAE MSCI ESG Ratings
UAE Benchmark Comparison Summary
UAE Benchmark Comparison Market Cap Size