IEV — iShares Europe ETF

IEV Price Performance — Growth of $10,000

Value of a $10,000 investment in IEV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IEV Drawdown

The "underwater" chart: IEV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Europe ETF (IEV) is an International Developed fund issued by iShares with $1.68 billion in assets under management. It holds a C grade (60.6/100) and ranks 21st out of 22 peers in its category, placing it near the bottom of the group. The fund’s 0.6% expense ratio is significantly higher than the category median of 0.165%, while its 1.63% dividend yield trails the median of 2.53%. Top holdings account for 21.8% of assets, with ASML Holding N.V. representing the largest single position at 5.5%.

Price action shows the fund trading at $75.01, which sits at 89.5% of its 52-week range. Short-term returns have been negative over the last day, week, and month, contrasting with a +6.66% gain over three months. Longer-term performance remains stronger, with a one-year return of +20.76% and a three-year total of +65.89%. However, the one-year figure lags the category median of +22.96%. The ETFValuer grade has remained unchanged at C across the last 35 tracked days, and price history is available for 3.0 years.

The fund exhibits a beta of 0.87, indicating it moves less than the broader market. Annualized volatility stands at 15.79%, which is labeled as Moderate, while the maximum drawdown has reached -14.63%. A Sharpe ratio of 1.00 suggests reasonable risk-adjusted returns relative to the volatility experienced. Liquidity is characterized by an average daily volume of 96,111 shares and a bid/ask spread of 7.96%.

AI-generated summary based on the data on this page.

IEV Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 21.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how IEV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IEV

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IEV's top 10 — IEUR overlaps most, holding 9 of the same companies as IEV's top 10 (20.5% of IEV's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 118.75 (as of 2026-08-28) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

IEV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 7.96% and average daily volume is 96K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.68B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IEV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IEV Performance History

How IEV Compares to Other International Developed ETFs