UAE Performance — iShares MSCI UAE ETF
Data updated: 2026-07-27
UAE returned −0.01% year to date and +9.00% over one year to May 2026. Annualised returns are +13.87% over 3 years and +9.70% over 5 years. The fund beat its United Arab Emirates Equity category average: $100 invested three years ago grew to $148, against $148 for the category, and to $109 over one year, against $109. Volatility over the past three years was 15.83% a year. In the 12 months to May 2026 the fund took in a net $136.3M, and assets reached $274.87M.
UAE Growth of $100
What $100 invested in iShares MSCI UAE ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the United Arab Emirates Equity category average over the same months.
| Period | UAE | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $109 | $109 |
| 3 years (Jun 2023 – May 2026) | $148 | $148 |
| 5 years (Jun 2021 – May 2026) | $159 | $159 |
| Since data start (Sep 2019 – May 2026) | $174 | $174 |
UAE Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.01% |
| 1 year | +9.00% |
| 3 years (annualised) | +13.87% |
| 5 years (annualised) | +9.70% |
UAE Annual Returns
Calendar-year total returns of iShares MSCI UAE ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −0.01% |
| 2025 | +21.62% |
| 2024 | +15.84% |
| 2023 | +2.77% |
| 2022 | −6.05% |
| 2021 | +44.74% |
| 2020 | −7.54% |
| 2019 (Sep–Dec) | −4.61% |
UAE Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.6% | +3.5% | −13.4% | +4.9% | −0.3% | — | — | — | — | — | — | — |
| 2025 | +4.0% | +0.7% | −1.4% | +4.9% | +3.0% | +5.1% | +8.1% | −3.6% | −2.7% | +3.9% | −5.8% | +4.5% |
| 2024 | −0.6% | −1.6% | +1.7% | −2.1% | −3.5% | +3.3% | +5.6% | +2.1% | +1.8% | −0.9% | +2.0% | +7.7% |
| 2023 | −3.3% | +1.8% | −4.2% | +8.3% | −4.0% | +3.1% | +4.8% | −1.9% | +2.7% | −9.2% | +5.0% | +1.0% |
| 2022 | +2.6% | +5.1% | +7.5% | +0.8% | −7.3% | −9.0% | +4.4% | −0.9% | −5.5% | +3.0% | 0.0% | −5.3% |
| 2021 | +11.2% | −2.8% | +4.2% | +1.1% | +8.9% | −0.9% | +0.7% | +5.3% | −1.2% | +2.2% | +9.1% | +0.9% |
| 2020 | −2.4% | −5.9% | −25.7% | +16.4% | −3.9% | +4.5% | +3.0% | +4.0% | −1.1% | −0.9% | +8.0% | +2.1% |
| 2019 | — | — | — | — | — | — | — | — | −2.1% | −0.1% | −2.0% | −0.5% |
UAE Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 15.83%
- 3-year Sharpe ratio: 0.59 (vs 4.5% risk-free rate)
- Best month: +8.09% (Jul 2025)
- Worst month: −13.35% (Mar 2026)
UAE Fund Flows
Monthly money in and out of iShares MSCI UAE ETF, from SEC Form N-PORT.
- 12-month net flow: $136.3M
- 12-month gross sales (incl. reinvestments): $200.6M
- Sales ÷ redemptions: 3.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $6.7M | −$6.7M |
| Apr 2026 | $3.9M | $6.7M | −$2.8M |
| Mar 2026 | $88.3M | $11.4M | $76.9M |
| Feb 2026 | $52.4M | $0 | $52.4M |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $16.5M | $0 | $16.5M |
| Nov 2025 | $4.9M | $4.6M | $225K |
| Oct 2025 | $0 | $21.3M | −$21.3M |
| Sep 2025 | $0 | $3.8M | −$3.8M |
| Aug 2025 | $13.9M | $8.1M | $5.8M |
| Jul 2025 | $10.9M | $0 | $10.9M |
| Jun 2025 | $9.7M | $1.7M | $8.0M |
UAE Assets Under Management
Net assets of iShares MSCI UAE ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $274.87M |
| 2026-02-28 | $224.03M |
| 2025-11-30 | $136.08M |
| 2025-08-31 | $168.05M |
| 2025-05-31 | $134.90M |
| 2025-02-28 | $85.27M |
| 2024-11-30 | $53.53M |
| 2024-08-31 | $35.66M |
| 2024-05-31 | $39.52M |
| 2024-02-29 | $39.01M |
| 2023-11-30 | $36.81M |
| 2023-08-31 | $36.85M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.