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iShares Emerging Markets Fundamental Index ETF (CWO : NEO)

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Emerging Markets Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2019

Click for more information on Fundata’s FundGrade

Close
(05-15-2025) 		$43.19
Change
-$0.23 (-0.53%)
Open $43.42
Day Range $43.42 - $43.42
Volume 179

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2017Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-012025-01…$25.00$30.00$35.00$40.00$45.000200,00025,00050,000Period
Created with Highcharts 10.3.3Jul 2017Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-012025-0…-20%0%20%40%-40%-10%-5%5%10%15%Period

Legend

iShares Emerging Markets Fundamental Index ETF

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Fund Returns

Inception Return (April 07, 2009): 7.68%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -4.45% -1.60% 1.76% 0.93% 14.45% 14.46% 11.30% 6.41% 9.71% 4.72% 4.37% 5.14% 8.09% 5.38%
Benchmark -3.13% -3.16% -1.45% -2.14% 10.27% 11.53% 7.80% 2.35% 7.32% 4.41% 3.97% 5.00% 7.54% 5.27%
Category Average -2.02% 0.15% 0.15% 0.66% 6.85% 8.59% 5.63% -1.22% 5.92% 2.97% 2.19% 3.40% 5.63% 3.55%
Category Rank 329 / 337 96 / 335 82 / 335 68 / 335 4 / 328 14 / 303 9 / 294 2 / 273 35 / 261 78 / 245 44 / 198 42 / 189 27 / 157 41 / 143
Quartile Ranking 4 2 1 1 1 1 1 1 1 2 1 1 1 2

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25-10%-5%0%5%10%15%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.29% 1.75% 0.21% 0.35% 9.40% -0.81% -2.75% 3.67% 2.57% 1.27% 1.69% -4.45%
Benchmark 0.38% 3.25% 1.30% -0.40% 7.98% -0.88% -2.18% 2.94% 1.05% -0.22% 0.19% -3.13%

Best Monthly Return Since Inception

17.02% (May 2009)

Worst Monthly Return Since Inception

-18.81% (September 2011)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -6.76% 27.38% 16.88% 0.11% 10.79% -2.81% 6.05% -8.53% 9.13% 23.80%
Benchmark 2.69% 7.90% 26.42% -6.05% 15.55% 11.45% 0.08% -12.38% 7.03% 21.65%
Category Average -3.92% 6.53% 28.88% -11.86% 15.06% 17.52% -3.30% -17.32% 8.68% 12.46%
Quartile Ranking 4 1 4 1 4 4 1 1 2 1
Category Rank 139/ 142 1/ 153 180/ 184 2/ 197 198/ 241 258/ 261 12/ 264 6/ 282 137/ 301 3/ 315

Best Calendar Return (Last 10 years)

27.38% (2016)

Worst Calendar Return (Last 10 years)

-8.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 98.94
Income Trust Units 1.00
Canadian Equity 0.07
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 33.06
Technology 20.79
Energy 11.01
Basic Materials 9.69
Consumer Goods 6.16
Other 19.29

Geographic Allocation

Geographic Allocation
Name Percent
Asia 74.54
Latin America 17.65
Africa and Middle East 5.69
Europe 1.66
North America 0.07
Other 0.39

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd 4.50
Alibaba Group Holding Ltd 2.99
China Construction Bank Corp Cl H 2.61
Vale SA 2.60
Ind and Commercial Bank of China Ltd Cl H 2.56
Tencent Holdings Ltd 2.33
Ping An Insurance Grp Co of China Ltd - Commn Cl H 1.95
Bank of China Ltd Cl H 1.85
Hon Hai Precision Industry Co Ltd 1.64
Reliance Industries Ltd 1.61

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return91011121314151617181920-5%0%5%10%15%20%

iShares Emerging Markets Fundamental Index ETF

Median

Other - Emerging Markets Equity

3 Yr Annualized

Standard Deviation 13.54% 13.19% 14.47%
Beta 1.02% 0.97% 1.00%
Alpha 0.03% 0.03% 0.00%
Rsquared 0.94% 0.82% 0.81%
Sharpe 0.57% 0.59% 0.32%
Sortino 1.22% 0.97% 0.35%
Treynor 0.08% 0.08% 0.05%
Tax Efficiency 85.02% 83.31% 74.64%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.87% 13.54% 13.19% 14.47%
Beta 1.12% 1.02% 0.97% 1.00%
Alpha 0.03% 0.03% 0.03% 0.00%
Rsquared 0.89% 0.94% 0.82% 0.81%
Sharpe 0.88% 0.57% 0.59% 0.32%
Sortino 1.97% 1.22% 0.97% 0.35%
Treynor 0.09% 0.08% 0.08% 0.05%
Tax Efficiency 89.56% 85.02% 83.31% 74.64%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A17.9​17.935.0​35.00%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A16.7​16.724.2​24.20%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A25.8​25.842.4​42.40%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.5​14.526.5​26.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date April 07, 2009
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Semi Annual
Assets ($mil) $59
52 Week High $44.17
52 Week Low $35.33
Annual Dividend $1.39
Annual Yield -
Index FTSE RAFI Emerging Markets Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

iShares Broad Emerging Markets Fund seeks to track, less fees and expenses, the FTSE RAFI Emerging Index - a broad and diversified index of emerging market companies, which takes account of total cash dividends, free cash flow, total sales, and book value of each constituent. The Manager may (at its discretion and without unit holder approval) change to another widely recognized emerging markets index.

Investment Strategy

CWO’s current principal investment strategy is to employ a Sampling Strategy. In addition to or as an alternative to this strategy, CWO may invest by employing a Replicating Strategy, by investing in one or more iShares ETFs and/or through the use of derivatives.

Portfolio Management

Portfolio Manager

BlackRock Asset Management Canada Limited
Sub-Advisor

BlackRock Institutional Trust Company, N.A.

Management and Organization

Fund Manager

BlackRock Asset Management Canada Limited
Custodian

State Street Trust Company Canada
Registrar

State Street Trust Company Canada
Distributor

-

Fees

MER 0.72%
Management Fee 0.65%

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