IEUR — iShares Core MSCI Europe ETF

IEUR Price Performance — Growth of $10,000

Value of a $10,000 investment in IEUR 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.

IEUR Drawdown

The "underwater" chart: IEUR'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 Core MSCI Europe ETF (IEUR) is an International Developed fund issued by iShares with $8.64 billion in assets under management. Trading at $75.28 per share, the fund holds an overall rank of #120 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 69.0. Investors can access this fund with an expense ratio of 0.1% while receiving a dividend yield of 3.19%. The substantial asset base and moderate trading price suggest significant investor adoption within the 22 ETFs tracked in the International Developed category. The combination of a low cost structure and a yield above 3% positions the fund as a cost-effective income vehicle relative to its peers. Its ranking places it in the middle tier of the broader ETF universe, indicating a balanced profile among the available options. The fund's size and yield metrics reflect its established role in providing exposure to developed European markets.

Over the last day and week, the fund posted identical declines of -0.26%, indicating a period of short-term stagnation. Momentum shifted positively over the following month with a gain of +0.67%, which accelerated significantly to +4.62% over the three-month period. The six-month return of +1.92% suggests a deceleration in growth compared to the three-month surge, while the year-to-date return of +7.19% confirms a solid positive trend for the current calendar year. Long-term performance shows strong acceleration, with the one-year return reaching +17.77% and the three-year return climbing to +58.08%. This trajectory illustrates a pattern where short-term volatility is overshadowed by robust multi-year gains. The divergence between the modest six-month figure and the strong one-year result highlights the fund's ability to recover and grow over extended horizons.

The fund carries a Moderate volatility label and a beta of 0.90, implying that its price movements are generally less volatile than the broader market. A Sharpe ratio of 0.81 indicates that the fund has generated a reasonable amount of excess return for each unit of risk taken over the measured period. Despite these metrics, the maximum drawdown of -14.25% demonstrates the potential for significant temporary losses during market downturns. The combination of a beta below 1.0 and a moderate volatility rating suggests the fund tends to dampen market swings rather than amplify them. However, the drawdown figure serves as a reminder that even funds with lower beta can experience substantial declines. The Sharpe ratio of 0.81 balances the moderate risk profile with the observed returns to show a consistent, albeit not risk-free, performance history.

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

IEUR Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 18.1% 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 IEUR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With IEUR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with IEUR's top 10 — IEV overlaps most, holding 9 of the same companies as IEUR's top 10 (16.9% of IEUR'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: 4.61% (as of 2026-07-28) — 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): 18.21 (as of 2026-07-28) — 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 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 120.71 (as of 2026-07-24) — 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.

IEUR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 5.42% and average daily volume is 985K/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 $8.64B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IEUR 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.

IEUR Performance History

How IEUR Compares to Other International Developed ETFs