KSA
iShares MSCI Saudi Arabia ETF · BlackRock
Country ETFs
1Y Return
+1.7%
Expense Ratio
0.75%
AUM
$622M
Dividend Yield
2.74%
Avg Annual Growth (Since Inception)
+2.9%
Issuer
BlackRock / iShares

Overview

Saudi equity via Saudi Aramco, Al Rajhi Bank, and SABIC. Vision 2030 economic diversification story. NEOM mega-project and giga-projects represent multi-decade infrastructure investments. Tadawul exchange inclusion in global indices drives inflows.

Top Holdings

TickerHoldingWeight
2222Saudi Aramco21.8%
1180Al Rajhi Bank14.4%
2010SABIC7.8%
1120Al Rajhi Takaful6.4%
4200Saudi Telecom5.8%
1150Alinma Bank4.8%
2350Saudi Kayan4.4%
2280Almarai3.8%
4190Jarir Marketing3.4%
1211Ma'aden Mining2.9%

Fund Details

Index
MSCI Saudi Arabia Index
# Holdings
~50
Inception
Sep 2015
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Annual
Avg Annual Growth (Since Inception)
+2.9%
Avg Annual Yield (Since Inception)
1.98%

Investment Thesis

Saudi Arabia represents one of the most ambitious economic transformation stories in the world through Vision 2030 — Crown Prince Mohammed bin Salman's plan to diversify from oil dependency into tourism, technology, entertainment, and advanced manufacturing. Saudi Aramco's partial privatization marked the kingdom's commitment to capital market development. NEOM megacity, Red Sea tourism development, and Qiddiya entertainment city are multi-decade infrastructure investments reshaping the Saudi economy. The Tadawul exchange's inclusion in major global indices has driven structural foreign portfolio investment inflows.

Who It's For

Investors with a specific thesis on Saudi economic diversification, Gulf Cooperation Council growth, and one of the world's largest oil economies transitioning toward a knowledge-based economy. KSA suits those building a Middle East and Africa allocation. The higher 0.74% expense ratio reflects the complexity of accessing Tadawul-listed securities. Religious considerations around Sharia compliance may affect suitability for some investors.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018$32.42--
2019$36.82+13.6%
2020$34.82-5.4%
2021$42.82+23.0%
2022$46.82+9.3%
2023$44.42-5.1%
2024$36.42-18.0%
2025$37.44+2.8%
Annual Dividend Yield
YearYield
2016--
2017--
20182.18%
20192.08%
20201.82%
20211.62%
20222.08%
20231.88%
20241.98%
20252.18%
Annual AUM
YearAUM% Chg
2016----
2017----
2018$0.4B--
2019$0.8B+100.0%
2020$0.7B-12.5%
2021$1.2B+71.4%
2022$1.2B0.0%
2023$1.0B-16.7%
2024$1.0B0.0%
2025$0.95B-5.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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