UAE holdings and overlap
iShares MSCI UAE ETF (UAE) holds 57 positions in its iShares file of 2026-10-27. Its three largest are First Abu Dhabi Bank (FAB.AE) at 12.92%, Emirates Telecommunications Group (ETISALAT.AE) at 11.29% and Emaar Properties (EMAAR.AE) at 10.73%, and its ten largest make up 66.3% of the fund.
In its iShares file of 2026-10-27, UAE holds none of the mega-cap tech companies and none of the ten largest US companies by market value. By country, 99.8% of UAE is in the United Arab Emirates.
What does UAE hold, as of its issuer file of 2026-10-27?
First Abu Dhabi Bank is 12.92% of UAE on its own, against a median largest position of 14.3% across the 6 Middle East and Africa funds with a page here. The position UAE carries furthest above that group is Emirates Telecommunications Group at 11.29% of the fund, a company the median fund in that group does not hold at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | FAB.AE First Abu Dhabi Bank | 12.92% | |
| 2 | ETISALAT.AE Emirates Telecommunications Group | 11.29% | |
| 3 | EMAAR.AE Emaar Properties | 10.73% | |
| 4 | EMIRATESNBD.AE Emirates NBD | 8.68% | |
| 5 | ADCB.AE Abu Dhabi Commercial Bank | 4.92% | |
| 6 | ADIB.AE Abu Dhabi Islamic Bank | 4.46% | |
| 7 | ALDAR.AE Aldar Properties | 3.94% | |
| 8 | DIB.AE DB Islamic Bank | 3.37% | |
| 9 | ADNOCGAS.AE Adnoc Gas PLC | 3.24% | |
| 10 | DEWA.AE Dubai Electricity and Water Author | 2.79% | |
| 11 | ADNOCDRILL.AE Adnoc Drilling Company | 2.63% | |
| 12 | AIRARABIA.AE Air Arabia | 2.18% | |
| 13 | ADNOCLS.AE Adnoc Logistics & Services PLC | 2.01% | |
| 14 | DU.AE Emirates Integrated Telecommunicat | 1.98% | |
| 15 | ADNOCDIST.AE Abu Dhabi National Oil Company for | 1.96% | |
| 16 | SALIK.AE Salik Company P.J.S.C | 1.68% | |
| 17 | DIC.AE Dubai Investment | 1.47% | |
| 18 | AMR.AE Americana Restaurants Internationa | 1.43% | |
| 19 | EMAARDEV.AE Emaar Development | 1.22% | |
| 20 | AGILITY.AE Agility Global PLC | 1.16% | |
| 21 | SIB.AE Sharjah Islamic Bank | 1.03% | |
| 22 | PARKIN.AE Parkin Company | 0.99% | |
| 23 | DANA.AE Dana Gas | 0.95% | |
| 24 | ADNH.AE Abu Dhabi National Hotels | 0.85% | |
| 25 | EMPOWER.AE Emirates Central Cooling Systems C | 0.71% | |
| 26 | LULU.AE Lulu Retail Holdings PLC | 0.68% | |
| 27 | DUBAIRESI.AE Dubai Residential REIT Unit | 0.61% | |
| 28 | BOS.AE Bank of Sharjah | 0.59% | |
| 29 | SPACE42.AE Space42 PLC | 0.59% | |
| 30 | WAHA.AE Waha Capital | 0.54% | |
| 31 | DFM.AE Dubai Financial Market | 0.53% | |
| 32 | RAKPROP.AE Ras Al Khaimah Properties | 0.47% | |
| 33 | AMANAT.AE Amanat Holding | 0.47% | |
| 34 | AJMANBANK.AE Ajman Bank | 0.46% | |
| 35 | ETIHADENERGY.AE Etihad Energy Holding | 0.44% | |
| 36 | DTC.AE Dubai Taxi Company PJSC | 0.44% | |
| 37 | ALEFEDT.AE Alef Education Holding PLC | 0.44% | |
| 38 | SPINNEYS.AE Spinneys Holding PLC | 0.41% | |
| 39 | ESHRAQ.AE Eshraq Investments | 0.4% | |
| 40 | RAKCEC.AE Rak Ceramics | 0.39% | |
| 41 | ICAP.AE Investcorp Capital | 0.39% | |
| 42 | UPP.AE Union Properties | 0.38% | |
| 43 | ALEC.AE Alec Holdings | 0.38% | |
| 44 | AGTHIA.AE Agthia Group | 0.37% | |
| 45 | TABREED.AE Tabreed | 0.37% | |
| 46 | AMLAK.AE Amlak Finance | 0.3% | |
| 47 | DEYAAR.AE Deyaar Development | 0.3% | |
| 48 | SHUAA.AE Shuaa Capital | 0.26% | |
| 49 | TAALEEM.AE Taaleem Holdings | 0.25% | |
| 50 | MODON.AE Modon Holding | 0.22% | |
| 51 | PHX.AE Phoenix Group PLC | 0.22% | |
| 52 | 2POINTZERO.AE Two Point Zero Group | 0.19% | |
| 53 | NMDCENR.AE NMDC Energy | 0.06% | |
| 54 | APEX.AE Apex Investment | 0.06% | |
| 55 | GGICO.AE Gulf General | 0.0% | |
| 56 | ARTC.AE Arabtec Holding | 0.0% | |
| 57 | NMC.GB NMC Health PLC | 0.0% |
The most recent file iShares has published for UAE is dated 2026-10-27, 1 day before these prices, which is the median for the iShares ETFs covered here. Every one of the 57 positions UAE holds, with its weight, is in the fund's JSON file. See the other 25 ETFs with a page here that hold FAB.AE, and how their weights compare with the 12.92% UAE gives it.
Category: Middle East and Africa, set by TickerInside from the ETF's own latest file. In its file of 2026-10-27, 100% of its stocks with a known country are in the United Arab Emirates, which this site counts in Middle East and Africa. How categories are set.
https://tickerinside.com/api/v1/fund/uae.jsonhttps://tickerinside.com/api/v1/fund/uae.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/uae.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/uae.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/uae.jsonHow much money went into or out of UAE?
On the close of Friday, October 23, 2026, UAE neither created nor redeemed shares. Over its last 5 closes, a net inflow of $0.
From UAE's own holdings files. Every ETF's latest flows.
How is UAE split by sector and country?
A sector is found for 17.9% of UAE's stock weight, under the 50% from which this page states sector weights; the weights found are in the fund's JSON file.
| Country | Weight | Weight bar |
|---|---|---|
| United Arab Emirates | 99.8% |
From its iShares file of 2026-10-27. How these are measured.
What did UAE hold in its SEC reports since 2019?
UAE's largest position in its SEC filings has been First Abu Dhabi Bank PJSC (FAB.AE) since 2019-11-30: 20.97% then and 12.16% in its report for 2026-05-31, across 27 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-11-30 | 27 | FAB.AE 20.97% | 72.8% |
| 2020-11-30 | 26 | FAB.AE 16.56% | 75.2% |
| 2021-11-30 | 27 | FAB.AE 23.20% | 76.3% |
| 2022-11-30 | 29 | EAND.AE 22.67% | 79.7% |
| 2023-11-30 | 38 | EAND.AE 17.20% | 75.1% |
| 2024-11-30 | 46 | EMAAR.AE 14.75% | 71.2% |
| 2025-11-30 | 53 | EMAAR.AE 14.11% | 66.3% |
| 2026-05-31 | 54 | FAB.AE 12.16% | 66.5% |
The first report, then the last of each year, of the 27 reports UAE filed on SEC Form N-PORT from 2019-11-30 to 2026-05-31, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/uae/{date}.json. How these are read.
What does UAE share with other ETFs?
The ETF nearest to UAE is EDIV: the two hold 4.7% of their weight in common, in the 4 companies both own, and 17.0% of UAE itself is also held there. UAE barely overlaps any covered ETF.
| ETF | Overlap by weight | Of UAE held there | Of that ETF in UAE | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| EDIV | 4.7% | 17.0% | 4.7% | 4 | |
| VNQI | 2.9% | 17.7% | 2.9% | 7 | |
| EMIF | 2.6% | 2.6% | 6.2% | 1 | |
| EELV | 2.3% | 22.7% | 2.4% | 5 | |
| EMXF | 2.3% | 64.3% | 2.3% | 10 | |
| EQLT | 2.0% | 38.4% | 2.0% | 8 | |
| SPEM | 1.6% | 87.0% | 1.6% | 37 | |
| EMGF | 1.6% | 60.1% | 1.6% | 10 | |
| EMXC | 1.6% | 80.2% | 1.6% | 17 | |
| LDEM | 1.6% | 37.0% | 1.6% | 6 | |
| EEMX | 1.3% | 78.2% | 1.4% | 16 | |
| EEM | 1.3% | 80.2% | 1.3% | 17 |
VNQI's holdings are from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-28. The other ETFs' holdings are from their issuers' latest files. Check UAE against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to UAE?
IYR shares 0% of weight with UAE and its weekly returns correlate with it at 0.20 over three years. The table lists the covered ETFs with the least in common with UAE, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| IYR | iShares U.S. Real Estate ETF | 0.0% | 0.20 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.21 | 0 |
| USMV | iShares MSCI USA Min Vol Factor ETF | 0.0% | 0.28 | 0 |
| REET | iShares Global REIT ETF | 0.0% | 0.29 | 1 |
| SOXX | iShares Semiconductor ETF | 0.0% | 0.39 | 0 |
| IJR | iShares Core S&P Small-Cap ETF | 0.0% | 0.41 | 0 |
| THRO | iShares U.S. Thematic Rotation Active ETF | 0.0% | 0.43 | 0 |
| VLUE | iShares MSCI USA Value Factor ETF | 0.0% | 0.44 | 0 |
Cost, returns and risk
| Expense ratio | 0.59% |
|---|---|
| Dividend yield | 4.25% |
| Total return, 1 year | 3.2% |
| Total return, 3 years cumulative | 51.2% |
| Total return, 5 years cumulative | 49.0% |
| Volatility, annualised | 19.0% |
| Worst fall, 3 years | -20.5% |
| Beta against SPY, 3 years of weekly returns | 0.63 |
| Weight in the ten largest positions | 66.3% |
| Largest single position | 12.9% |
| Assets under management | $0.3B |
Expense ratio, yield and assets are reference data (the expense ratio from UAE's SEC filing of 2025-12-19); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-27; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.46loosely linked | 121 |
| QQQ | 0.41loosely linked | 152 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | 5.2% |
| 2025 | 21.3% |
| 2024 | 15.3% |
| 2023 | 2.9% |
| 2022 | -5.4% |
One year
Where to go next
- EIS, iShares MSCI Israel ETF
- EZA, iShares MSCI South Africa ETF
- KSA, iShares MSCI Saudi Arabia ETF
- KWT, iShares MSCI Kuwait ETF
- Run a portfolio x-ray to see what UAE carries once you look through it
- Compare UAE against any other ETF in the builder
Holdings from the most recent file iShares has published, dated 2026-10-27. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, iShares MSCI UAE ETF (UAE), holdings from the issuer's file of 2026-10-27, https://tickerinside.com/etf/uae/, CC BY 4.0
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