Summary
iShares International Country Rotation Active ETF is an ETF - a fund traded on an exchange like a stock - run by IShares. Positions inside: 2,020. The ten largest make up 15% of the fund.
- Yearly costs
- 1.06%
- Fund size
- $13.1B
- Positions
- 2,020
- Dividend yield
- 0.84%
- Running since
- 2024
What speaks for it
- Widely spread: the ten largest positions make up only 15% of the fund.
- A large fund with $13.1B under management.
- Easy to buy and sell: about $97.3M changes hands a day.
What to watch
- Costs of 1.06% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.8%
- 3 months
- -0.4%
- This year
- +14%
- 1 year
- +15%
- Avg. market cap
- $556.6B
- P/E
- 15.5x
- Forward P/E
- 15.4x
- P/S
- 3.3x
- P/B
- 3.1x
- P/FCF
- 12.0x
- EV/EBITDA
- 11.9x
- Dividend yield
- 1.42%
- ROIC
- 19.7%
- ROE
- 30.0%
- Gross margin
- 55.5%
- Operating margin
- 34.5%
- Net margin
- 30.5%
- Payout ratio
- 22.0%
- Net debt/EBITDA
- 0.4x
- Beta
- 0.67
Weighted average of the 50 largest companies, which make up 36% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 TSTSMC TSM 4.6%
- 2 RORoche Holding AG ROP.SW 1.3%
- 3 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 1.3%
- 4 00Samsung Electronics Co., Ltd. 005930.KS 1.2%
- 5 RYRoyal Bank of Canada RY.TO 1.2%
- 6 00SK hynix Inc. 000660.KS 1.2%
- 7 NONovartis AG NOVN.SW 1.2%
- 8 NENestlé S.A. NESN.SW 1.0%
- 9 SHShopify Inc. SHOP.TO 1.0%
- 10 12AIA Group Limited 1299.HK 1.0%
Positions in the fund: 2,020. The ten largest make up 15% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Industrials 15%
- Energy 5.5%
- Utilities 3.8%
- Real estate 1.7%
- Other 74%
By country
- Japan 19%
- Canada 14%
- Switzerland 9.4%
- United Kingdom 5.3%
- Other countries 52%
By company size
- Mega cap 21%
- Large cap 73%
- Mid cap 5.9%
- Small cap 0.5%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 91% of the fund.
Largest sector: Industrials (15%). Largest country: Japan (19%). Largest size group: Large cap (73%).
What does it cost me?
Expensive- A year from $10,000
- $106
- Over 20 years
- $4,873
From every $10,000 invested the fund takes $106 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,873.
How has it done?
Growing over the long run- Over the last year
- +15%
- Deepest drop
- -14%
- Yearly volatility
- 18%
Growth over the last year: 15%. Deepest drop in these years: 14% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.84%
- Last payment
- £0.30
Over the last 12 months it paid £0.30 per share, which is 0.84% of today's price. The last payment was £0.30 on Jul 2, 2026.
Is it easy to buy and sell?
Very easy- Traded a day
- $97.3M
- Shares a day
- 2.8M
On an average day about $97.3M of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 15.5
- Average Bulios Score
- 73 out of 100
Weight by Bulios Fair Price
- Undervalued 23%
- Fairly valued 14%
- Overvalued 63%
On average the companies inside trade for 15.5 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 36% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
XU XUSE.AS iShares MSCI World ex-USA UCITS ETF USD (Acc) | Ireland | 0.15% | $3.71B | +13% | - | 60% |
IX IXUA.DE iShares MSCI World ex-USA UCITS ETF USD (Acc) | Ireland | 0.15% | $3.69B | +17% | - | 60% |
DM DMXU Xtrackers Bloomberg Developed Markets Ex US Equity ETF | United States | 0.03% | $64.7M | +4.2% | Pays out | 59% |
EX EXUS.DE Xtrackers MSCI World ex USA UCITS ETF 1C | Ireland | 0.15% | $6.85B | +18% | Reinvests | 59% |
EX EXUS.AX Betashares Global Shares Ex US ETF | Australia | 0.14% | $73.7M | - | - | 59% |
WE WEXU.DE Amundi MSCI World Ex USA ETF Acc | Ireland | 0.15% | $919.7M | +14% | Reinvests | 59% |