- Emaar Properties PJSC (EMAAR.AE): 14.36%
- First Abu Dhabi Bank PJSC (FAB.AB): 11.42%
- Emirates Telecommunications Group Co PJSC (EAND.AB): 9.13%
- Emirates NBD PJSC (EMIRATESNBD.AE): 8.05%
- Abu Dhabi Commercial Bank (ADCB.AB): 4.52%
- Abu Dhabi Islamic Bank (ADIB.AB): 4.48%
- Aldar Properties PJSC (ALDAR.AB): 4.13%
- Dubai Islamic Bank PJSC (DIB.AE): 3.65%
- ADNOC Gas PLC (ADNOCGAS.AB): 3.20%
- Dubai Electricity & Water Authority PJSC (DEWA.AE): 2.80%
iShares MSCI UAE ETF (UAE) ETF Analysis
The iShares MSCI UAE ETF (UAE) provides exposure to the United Arab Emirates equity market. With an AUM of $0.18 billion and an expense ratio of 0.59%, UAE tracks an index composed of UAE equities.
A key differentiator is its focused exposure to the UAE market, offering investors a targeted way to participate in the region's economic growth. The fund's top holdings include Emaar Properties PJSC and First Abu Dhabi Bank PJSC, reflecting the fund's concentration in the real estate and financial sectors.
iShares MSCI UAE ETF (UAE) ETF — Price, Holdings & Analysis
The iShares MSCI UAE ETF (UAE) provides exposure to the United Arab Emirates equity market. With an AUM of $0.18 billion and an expense ratio of 0.59%, UAE tracks an index composed of UAE equities. A key differentiator is its focused exposure to the UAE market, offering investors a targeted way to participate in the region's economic growth. The fund's top holdings include Emaar Properties PJSC and First Abu Dhabi Bank PJSC, reflecting the fund's concentration in the real estate and financial sectors.
ETF Overview
The iShares MSCI UAE ETF seeks to track the investment results of an index composed of UAE equities.
The iShares MSCI UAE ETF (UAE) aims to replicate the investment results of an index composed of equities from the United Arab Emirates. This ETF provides a focused approach for investors seeking exposure to the UAE equity market. The fund's strategy involves holding a basket of stocks representing the UAE economy, with significant allocations to Financial Services (37.4%) and Real Estate (24.1%). Top holdings include Emaar Properties PJSC (14.36%), First Abu Dhabi Bank PJSC (11.42%), and Emirates Telecommunications Group Co PJSC (9.13%). The fund's sector allocation reflects the composition of the UAE economy, with a strong emphasis on financials and real estate. Investors may use this ETF to diversify their portfolios geographically or to express a specific view on the UAE economy. With 56 holdings, the fund offers a relatively concentrated exposure to the UAE market, which may appeal to investors seeking targeted regional exposure.
Risk Metrics
The iShares MSCI UAE ETF (UAE) carries several risks that investors may want to research. The fund exhibits concentration risk, with its top 10 holdings accounting for a significant portion of its assets. Emaar Properties PJSC alone represents 14.36% of the fund. Sector concentration is also a factor, with Financial Services and Real Estate comprising over 61% of the portfolio. This makes the fund vulnerable to downturns in these specific sectors. With a beta of 0.52, UAE is less volatile than the broader market, but it still carries market risk. The expense ratio of 0.59% can create a drag on returns, especially in periods of low market performance. The fund's country exposure is also heavily weighted towards 'Other' at 63.1% and 36.9% to the United Arab Emirates, which may introduce additional geopolitical and currency risks.
Expense Ratio
0.59%
What does UAE hold?
How Is the Fund Allocated?
- Financial Services: 37.4%
- Real Estate: 24.1%
- Industrials: 10.3%
- Communication Services: 9.2%
- Energy: 7.1%
- Consumer Cyclical: 5.0%
- Utilities: 4.3%
- Consumer Defensive: 1.7%
- Technology: 0.9%
- Basic Materials: 0.1%
- Other: 63.1%
- United Arab Emirates: 36.9%
Dividend Yield
0.00%
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
- iShares Russell 2000 ETF (IWM) (Equity) — 0.19% expense ratio
- iShares MSCI EAFE ETF (EFA) (Equity) — 0.32% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) (Equity) — 0.72% expense ratio
- iShares Russell Mid-Cap ETF (IWR) (Equity) — 0.18% expense ratio
- iShares MSCI Emerging Markets Small-Cap ETF (EEMS) (Equity) — 0.72% expense ratio
- iShares MSCI USA Momentum Factor ETF (MTUM) (Equity) — 0.15% expense ratio
Risk Metrics
- Beta: 0.52
Questions & Answers
What is UAE and what does it track?
The iShares MSCI UAE ETF (UAE) is an exchange-traded fund designed to track the investment results of an index composed of equities from the United Arab Emirates. This means the fund invests in a basket of stocks that represent the UAE equity market. By investing in UAE, investors gain exposure to the performance of the UAE's economy and its leading companies. The fund's top holdings include companies like Emaar Properties PJSC and First Abu Dhabi Bank PJSC, reflecting the fund's focus on the UAE's financial and real estate sectors. The ETF provides a convenient way to invest in a diversified portfolio of UAE stocks without having to purchase individual securities.
What is the expense ratio for UAE?
The iShares MSCI UAE ETF (UAE) has an expense ratio of 0.59%. This means that for every $10,000 invested in the fund, $59 is deducted annually to cover the fund's operating expenses. While this provides access to the UAE equity market, the expense ratio is higher than some broad market ETFs. the may be worth researching expense ratio as part of their overall investment decision, as it can impact the fund's net returns over time. It is important to compare this expense ratio to other ETFs with similar regional or sector focuses to determine its competitiveness.
What are the top holdings in UAE?
The iShares MSCI UAE ETF (UAE) has a concentrated portfolio, with its top holdings representing a significant portion of its assets. As of 2026-03-15, the top three holdings are: Emaar Properties PJSC (14.36%), First Abu Dhabi Bank PJSC (11.42%), and Emirates Telecommunications Group Co PJSC (9.13%). These companies operate in the real estate, financial services, and communication services sectors, respectively. The fund's allocation to these top holdings reflects the composition of the UAE economy and the relative size of these companies within the market. Investors should be aware of the concentration risk associated with these top holdings, as their performance can significantly impact the overall performance of the ETF.
Is UAE a good long-term investment?
Whether the iShares MSCI UAE ETF (UAE) is a good long-term investment depends on an investor's individual circumstances and investment objectives. The fund provides exposure to the UAE equity market, which may offer growth opportunities but also carries specific risks. The ETF's performance will be influenced by factors such as the UAE's economic growth, political stability, and the performance of its constituent companies. The fund's expense ratio of 0.59% should also be considered, as it can impact long-term returns. Investors should carefully evaluate their risk tolerance and investment horizon before investing in UAE. Past performance does not guarantee future results.
How does UAE compare to similar ETFs?
The iShares MSCI UAE ETF (UAE) distinguishes itself through its focused exposure to the United Arab Emirates equity market. While other regional or emerging market ETFs may offer broader diversification, UAE provides a targeted approach for investors specifically interested in the UAE. With an AUM of $0.18 billion, it may be smaller than some of its broader counterparts, potentially impacting liquidity. Its expense ratio of 0.59% is a factor to consider when comparing it to other ETFs with similar regional focuses. Investors should evaluate their specific investment goals and risk tolerance when choosing between UAE and other similar ETFs, considering factors such as geographical focus, expense ratio, and liquidity.
Does UAE pay dividends?
According to the latest data, the iShares MSCI UAE ETF (UAE) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield. The absence of dividends may be due to the dividend policies of the underlying companies in the UAE equity market or the fund's investment strategy. Investors should review the fund's prospectus for more information on its dividend policy.