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 managed by iShares with $1.63 billion in assets under management. Trading at $73.13, the fund holds an overall rank of #282 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of C with a score of 58.1. It charges an expense ratio of 0.6% while offering a dividend yield of 1.67%. The fund operates within a category containing 22 ETFs tracked by ETFValuer. Its asset size of $1.63 billion suggests a moderate level of investor adoption relative to the broader universe of 458 funds. The combination of a mid-tier rank and a C grade reflects its current standing among peers in the International Developed space. Investors seeking exposure to this sector must weigh the 0.6% cost against the 1.67% income potential provided by the fund.

Over the last day, the fund posted a return of +0.36%, which extended to +0.54% over one week. Monthly performance accelerated to +1.91% over one month and further increased to +4.51% over three months. The six-month return stood at +3.81%, indicating a slight deceleration compared to the three-month figure, while year-to-date gains reached +7.19%. Annual returns showed significant strength at +17.06%, and the three-year total return was +57.68%. This trajectory demonstrates a pattern where short-term gains have been positive, with the three-year horizon showing the most substantial cumulative growth. The data indicates a generally upward trend across all measured periods from one day to three years.

The fund carries a Moderate volatility label and a beta of 0.88, suggesting it moves less than the broader market. A Sharpe ratio of 0.75 indicates the fund has generated a moderate amount of excess return per unit of risk taken. During market downturns, the fund experienced a maximum drawdown of -14.63%. This combination of a beta below 1.0 and a moderate drawdown implies the fund has historically offered some downside protection relative to a benchmark with a beta of 1.0. The Sharpe ratio of 0.75 suggests that despite the -14.63% peak decline, the risk-adjusted returns over the measured period have been reasonable. Investors should note that the Moderate volatility classification aligns with the observed beta and drawdown figures.

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

IEV Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 20.9% 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 (19.5% 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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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.

IEV Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 126K/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 $1.63B 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