IDEV
iShares Core MSCI International Developed Markets ETF
📎 Investment Objective
The iShares Core MSCI International Developed Markets ETF (IDEV) seeks to track the performance of an index composed of large- and mid-capitalization developed market equities, excluding the United States.
Overview
ETF tracking iShares Core MSCI International Developed Markets ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Core MSCI International Developed Markets ETF (IDEV) seeks to track the performance of an index composed of large- and mid-capitalization developed market equities, excluding the United States.
🎯 Investment Strategy
The ETF employs a passively managed, index-based approach, investing in a representative sample of stocks that collectively approximate the index's key characteristics. It aims to provide exposure to the performance of developed market stocks outside the U.S. as an efficient way to diversify an investment portfolio.
✨ Key Features
- Broad exposure to developed international equity markets, excluding the U.S.
- Low-cost index-tracking strategy with a 0.00% expense ratio
- Diversified portfolio of large- and mid-cap stocks across major developed market countries
- Potential for long-term capital appreciation and international diversification
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors.
- Currency risk: Returns may be impacted by fluctuations in the exchange rates between the U.S. dollar and foreign currencies.
- Concentration risk: The ETF's performance may be more volatile due to its focus on developed international markets.
- Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF at the desired price.
👤 Best For
This ETF may be suitable for long-term investors seeking exposure to developed international equity markets as part of a diversified portfolio. It can provide a cost-effective way to gain exposure to non-U.S. stocks, which may help reduce overall portfolio risk through diversification.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | ASML | ASML HOLDING NV | 1.51% | Information Technology |
| 2 | AZN | ASTRAZENECA PLC | 1.03% | Health Care |
| 3 | SAP | SAP | 0.99% | Information Technology |
| 4 | NESN | NESTLE SA | 0.99% | Consumer Staples |
| 5 | HSBA | HSBC HOLDINGS PLC | 0.97% | Financials |
| 6 | ROG | ROCHE HOLDING PAR AG | 0.96% | Health Care |
| 7 | NOVN | NOVARTIS AG | 0.95% | Health Care |
| 8 | SHEL | SHELL PLC | 0.84% | Energy |
| 9 | RY | ROYAL BANK OF CANADA | 0.77% | Financials |
| 10 | SIE | SIEMENS N AG | 0.75% | Industrials |
| 11 | 7203 | TOYOTA MOTOR CORP | 0.73% | Consumer Discretionary |
| 12 | MC | LVMH | 0.70% | Consumer Discretionary |
| 13 | 6758 | SONY GROUP CORP | 0.69% | Consumer Discretionary |
| 14 | 8306 | MITSUBISHI UFJ FINANCIAL GROUP INC | 0.68% | Financials |
| 15 | SHOP | SHOPIFY SUBORDINATE VOTING INC CLA | 0.67% | Information Technology |
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