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-capitalization weighted index composed of developed market equities, excluding the U.S. The fund provides exposure to a diversified portfolio of international developed market stocks, excluding US equities, offering a core building block for international diversification.

Reputation and Reliability

iShares is a well-established and reputable issuer of ETFs, known for its broad range of investment products and strong track record.

Management Expertise

BlackRock, the parent company of iShares, has extensive experience and expertise in managing ETFs and other investment products, with a large team of experienced investment professionals.

Goal

The fund seeks to track the investment results of the MSCI EAFE IMI Index, which represents large, mid and small-cap equity performance across developed markets, excluding the US & Canada.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, aiming to replicate the performance of its benchmark index.

Composition The ETF primarily holds stocks from developed countries, excluding the United States, offering exposure to a wide range of sectors and industries.

Market Share: IDEV holds a significant market share within the international developed markets ETF category.

Total Net Assets (AUM): 37440000000

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 highly competitive. IDEV offers a broad market exposure and benefit from iShares' brand recognition and liquidity. Compared to competitors like VEA, IDEV has a slightly lower expense ratio, potentially attracting cost-conscious investors. Its disadvantages may include tracking error relative to its index due to fund management and sampling.

Historical Performance: Historical performance varies depending on the time period; review fund factsheet for specific returns.

Benchmark Comparison: The ETF's performance closely tracks the MSCI EAFE IMI Index.

Expense Ratio: 0.05

Average Trading Volume

IDEV exhibits strong liquidity, typically trading a high volume of shares daily.

Bid-Ask Spread

The bid-ask spread for IDEV is generally tight, reflecting its high liquidity and trading activity.

Market Environment Factors

Global economic growth, currency fluctuations, geopolitical events, and interest rate policies in developed countries significantly influence IDEV's performance.

Growth Trajectory

IDEV's growth mirrors the economic performance and equity market trends of developed countries outside the U.S. Changes in index composition and geographic allocations impact its holdings.

Competitive Edge

IDEVu2019s advantages includes its wide diversification across developed market equities, excluding U.S. equities and Canada. BlackRock's expertise in ETF management and iShares' brand recognition contribute to its competitive edge. Its low expense ratio makes it attractive to cost-conscious investors. The ETF benefits from its status as a core building block for international diversification strategies, making it a staple in many investment portfolios.

Volatility

IDEV's volatility mirrors that of the international developed equity markets, influenced by global economic and political events.

Market Risk

The ETF is subject to market risk, including fluctuations in equity prices, currency risk, and geopolitical risks associated with international investments.

Ideal Investor Profile

IDEV is suitable for investors seeking broad exposure to international developed market equities, excluding U.S. equities, for diversification purposes.

Market Risk

IDEV is appropriate for long-term investors seeking to diversify their portfolio with international equities, particularly those following a passive investment strategy.

The iShares Core MSCI International Developed Markets ETF (IDEV) is designed to track the MSCI EAFE IMI Index, providing exposure to a broad range of international developed market equities outside the U.S. IDEV's low expense ratio and strong liquidity make it a competitive choice for investors seeking international diversification. Its performance is closely tied to the economic performance and market trends of developed economies. Investors should consider the inherent market risk, currency risk, and geopolitical factors when investing in IDEV.

Data Sources:

• iShares.com
• Morningstar.com
• Bloomberg.com

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and after consulting with a financial advisor.