iShares Core MSCI International Developed Market (IDEV)

Overview

The iShares Core MSCI International Developed Markets ETF (IDEV) seeks to track the investment results of a broad, market-cap-weighted index composed of developed market equities excluding the United States and Canada. It provides exposure to a wide range of developed international markets, offering diversification beyond North America.

Reputation and Reliability

iShares, a part of BlackRock, is a reputable and reliable issuer with a strong track record in the ETF market.

Management Expertise

BlackRock possesses significant management expertise in ETFs, leveraging their global investment platform and experienced portfolio managers.

Goal

To track the investment results of an index composed of developed-market equities outside the U.S. and Canada.

Investment Approach and Strategy

Strategy: This ETF aims to replicate the MSCI EAFE IMI Index, which represents large-, mid- and small-capitalization companies across developed markets, excluding the U.S. and Canada.

Composition The ETF holds a diversified portfolio of stocks from developed international markets, excluding the United States and Canada. The holdings are primarily equities.

Market Share: IDEV holds a significant market share within the category of international developed markets ETFs, due to its low expense ratio and broad market coverage.

Total Net Assets (AUM): 37810000000

Key Competitors

• Vanguard FTSE Developed Markets ETF (VEA)
• Schwab International Equity ETF (SCHF)
• SPDR Portfolio Developed World ex-US ETF (SPDW)

Competitive Landscape

The international developed markets ETF space is competitive, with several large players. IDEV's competitive advantages include a well-known brand (iShares), significant AUM which suggests investor trust, and a relatively low expense ratio compared to some peers. VEA has the largest AUM and lowest expense ratio. SCHF is known for its even lower expense ratio. SPDW is a low-cost alternative but with less AUM.

Historical Performance: Historical performance data is available in the fund's factsheet and third-party financial websites.

Benchmark Comparison: IDEV is designed to closely track the performance of the MSCI EAFE IMI Index, and its performance should be comparable to the index over time. Differences can occur due to tracking error and expense ratio.

Expense Ratio: 0.05

Average Trading Volume

IDEV demonstrates high liquidity, consistently exhibiting a substantial average daily trading volume.

Bid-Ask Spread

The bid-ask spread for IDEV is generally tight, reflecting its high liquidity and popularity among investors.

Market Environment Factors

Economic indicators, political stability, and currency fluctuations in developed international markets all influence the performance of IDEV.

Growth Trajectory

The growth trajectory of IDEV depends on the performance of developed international economies and investor demand for international equity exposure; changes in MSCI index methodology and fund holdings may also impact growth.

Competitive Edge

IDEV benefits from BlackRock's scale and brand recognition, resulting in a competitive edge. Its low expense ratio attracts cost-conscious investors. The fund's broad diversification across developed international markets reduces risk and provides comprehensive exposure. This combination of low cost and broad coverage makes it a popular choice for investors looking for diversified international equity exposure. The fund's adherence to the widely-followed MSCI index family also increases its appeal.

Volatility

IDEV's volatility reflects the volatility of the underlying developed international markets, and is typically similar to other ETFs tracking the same index.

Market Risk

IDEV is subject to market risk, including fluctuations in equity prices, currency risk, and geopolitical risk associated with the countries included in the index.

Ideal Investor Profile

The ideal investor for IDEV is one seeking broad exposure to developed international equities for diversification purposes.

Market Risk

IDEV is suitable for long-term investors seeking to diversify their portfolios with international exposure, as well as passive index followers.

IDEV provides diversified exposure to developed international equities at a low cost. It's a popular choice for investors seeking to complement their domestic holdings with international diversification. BlackRock's strong reputation and the fund's liquidity enhance its appeal. The ETF's performance closely tracks the MSCI EAFE IMI Index, making it a suitable option for passive index followers. However, investors should be aware of currency risk and geopolitical factors affecting international markets.

Data Sources:

• iShares website
• MSCI website
• Morningstar
• ETF.com

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.