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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.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2019

Click for more information on Fundata’s FundGrade

Close
(06-13-2025) 		$42.76
Change
-$0.58 (-1.34%)
Open $42.90
Day Range $42.76 - $42.94
Volume 2,130

As at May 31, 2025

As at May 31, 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 2025Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$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 2025Jul 2024Aug 2024Sep 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%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): 7.87%

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 3.57% 0.64% 8.38% 4.54% 17.03% 18.08% 12.32% 6.66% 10.49% 6.10% 5.49% 5.76% 9.07% 6.04%
Benchmark 3.89% 0.83% 4.66% 1.67% 14.14% 14.84% 9.55% 3.14% 8.08% 6.03% 4.85% 5.43% 7.86% 5.63%
Category Average 4.80% 6.77% 6.77% 5.49% 11.63% 12.05% 7.39% -0.22% 6.58% 4.73% 3.20% 3.79% 6.08% 4.11%
Category Rank 280 / 329 279 / 327 72 / 326 137 / 326 21 / 322 13 / 297 23 / 286 2 / 266 33 / 253 87 / 239 33 / 196 37 / 188 9 / 173 36 / 139
Quartile Ranking 4 4 1 2 1 1 1 1 1 2 1 1 1 2

Monthly Return

Created with Highcharts 10.3.3Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25-10%-5%0%5%10%15%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.75% 0.21% 0.35% 9.40% -0.81% -2.75% 3.67% 2.57% 1.27% 1.69% -4.45% 3.57%
Benchmark 3.25% 1.30% -0.40% 7.98% -0.88% -2.18% 2.94% 1.05% -0.22% 0.19% -3.13% 3.89%

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 135/ 138 1/ 149 174/ 178 2/ 191 192/ 233 250/ 253 10/ 256 6/ 274 130/ 293 3/ 307

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 98.96
Income Trust Units 0.97
Canadian Equity 0.07

Sector Allocation

Sector Allocation
Name Percent
Financial Services 33.36
Technology 21.26
Energy 10.94
Basic Materials 9.53
Consumer Goods 5.98
Other 18.93

Geographic Allocation

Geographic Allocation
Name Percent
Asia 75.39
Latin America 17.26
Africa and Middle East 5.41
Europe 1.86
North America 0.07
Other 0.01

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd 4.85
Alibaba Group Holding Ltd 2.76
China Construction Bank Corp Cl H 2.74
Ind and Commercial Bank of China Ltd Cl H 2.62
Vale SA 2.44
Tencent Holdings Ltd 2.32
Bank of China Ltd Cl H 1.85
Ping An Insurance Grp Co of China Ltd - Commn Cl H 1.84
Hon Hai Precision Industry Co Ltd 1.81
Reliance Industries Ltd 1.54

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 13.63% 13.24% 14.47%
Beta 1.02% 0.97% 1.00%
Alpha 0.02% 0.03% 0.01%
Rsquared 0.94% 0.82% 0.81%
Sharpe 0.63% 0.63% 0.36%
Sortino 1.35% 1.07% 0.41%
Treynor 0.08% 0.09% 0.05%
Tax Efficiency 86.41% 84.67% 77.51%
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 12.11% 13.63% 13.24% 14.47%
Beta 1.09% 1.02% 0.97% 1.00%
Alpha 0.01% 0.02% 0.03% 0.01%
Rsquared 0.90% 0.94% 0.82% 0.81%
Sharpe 1.07% 0.63% 0.63% 0.36%
Sortino 2.38% 1.35% 1.07% 0.41%
Treynor 0.12% 0.08% 0.09% 0.05%
Tax Efficiency 91.19% 86.41% 84.67% 77.51%

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) $61
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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