Average Daily Volume
1.98M
Fund Overview
The iShares Core MSCI International Developed Markets ETF (IDEV) seeks to track the investment results of the MSCI World ex USA IMI Index, which is composed of large-, mid-, and small-cap equities from developed markets outside the United States. The fund provides broad exposure to companies in countries such as Japan, the United Kingdom, France, Germany, and Canada, among others. IDEV is designed to be a cost-efficient way for investors to gain diversified international equity exposure, making it a core holding for those looking to complement their U.S. equity investments with global diversification. The ETF is passively managed and aims to replicate the performance of its benchmark index before fees and expenses.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 2.52 %
- Currency Hedged
-
No
- Portfolio Turnover
-
3 %
- Dividend Date
-
Why Invest in the IDEV ETF?
Potential Benefits
- Provides diversified exposure to developed international markets, reducing reliance on U.S. equities.
- Low expense ratio compared to actively managed international funds, making it cost-effective for long-term investors.
- Includes small- and mid-cap stocks, offering broader market coverage than many competing funds.
- Passively managed, ensuring transparency and alignment with the underlying index.
- Liquidity and tradability, as it is one of the largest ETFs in its category.
Potential Risks
- Exposure to currency fluctuations, as the fund holds non-U.S. dollar-denominated assets.
- Political and economic risks in developed markets, which can impact performance.
- Market volatility, particularly during global economic downturns or geopolitical events.
- Potential underperformance relative to U.S. equities during periods of dollar strength.
- Limited exposure to emerging markets, which may offer higher growth potential.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+4.6%
|
+5.0%
|
-7.8%
|
+5.7%
|
+2.3%
|
-0.1%
|
+1.7%
|
+2.4%
|
-3.4%
|
+0.4%
|
-
|
-
|
| 2025 |
+4.4%
|
+2.2%
|
+0.1%
|
+4.0%
|
+5.0%
|
+2.8%
|
-1.6%
|
+4.7%
|
+2.3%
|
+0.7%
|
+1.3%
|
+2.8%
|
| 2024 |
-0.7%
|
+2.6%
|
+3.5%
|
-3.3%
|
+5.1%
|
-2.1%
|
+3.2%
|
+3.4%
|
+1.2%
|
-5.0%
|
+0.6%
|
-3.3%
|
| 2023 |
+8.9%
|
-3.3%
|
+2.5%
|
+2.8%
|
-4.1%
|
+4.4%
|
+3.0%
|
-3.8%
|
-3.8%
|
-3.3%
|
+8.4%
|
+5.6%
|
| 2022 |
-3.8%
|
-3.0%
|
+0.9%
|
-6.8%
|
+1.7%
|
-9.1%
|
+5.4%
|
-5.9%
|
-9.4%
|
+5.9%
|
+12.3%
|
-2.0%
|
| 2021 |
-0.7%
|
+2.9%
|
+2.7%
|
+3.0%
|
+3.7%
|
-1.0%
|
+0.9%
|
+1.5%
|
-3.2%
|
+3.6%
|
-4.6%
|
+4.2%
|
| 2020 |
-2.4%
|
-7.7%
|
-15.4%
|
+7.1%
|
+5.5%
|
+3.2%
|
+2.4%
|
+5.2%
|
-2.0%
|
-3.4%
|
+13.7%
|
+5.1%
|
| 2019 |
+7.0%
|
+2.6%
|
+0.9%
|
+2.8%
|
-4.9%
|
+5.6%
|
-1.8%
|
-1.3%
|
+2.8%
|
+3.9%
|
+0.8%
|
+3.0%
|
| 2018 |
+4.8%
|
-4.9%
|
-0.3%
|
+1.2%
|
-1.7%
|
-1.2%
|
+2.5%
|
-1.8%
|
+0.7%
|
-8.1%
|
+0.1%
|
-5.5%
|
| 2017 |
-
|
-
|
-
|
+2.5%
|
+3.1%
|
+0.6%
|
+2.8%
|
+0.2%
|
+2.0%
|
+2.1%
|
+0.6%
|
+1.6%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
RY
|
ROYAL BANK OF CANADA |
0.7 % |
|
SHOP
|
n/a |
0.5 % |
|
TD
|
THE TORONTO-DOMINION BANK |
0.5 % |
|
ENB
|
ENBRIDGE INC |
0.4 % |
|
SPOT
|
SPOTIFY TECHNOLOGY SA |
0.4 % |
|
BN
|
n/a |
0.3 % |
|
BMO
|
BANK OF MONTREAL |
0.3 % |
|
CP
|
CANADIAN PACIFIC KANSAS CITY LTD |
0.3 % |
|
CNQ
|
CANADIAN NATURAL RESOURCES LTD |
0.3 % |
|
BNS
|
BANK OF NOVA SCOTIA |
0.3 % |
Top 10 holdings shown, out of 2 total holdings.
Related ETFs: IDEV vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
IDEV tracks the MSCI World ex USA IMI Index, which includes large-, mid-, and small-cap stocks from developed markets outside the U.S. The index is market-cap weighted, meaning larger companies have a greater impact on performance. The fund holds physical securities (common stocks) to replicate the index and is rebalanced quarterly to align with index changes. This passive approach minimizes turnover and keeps costs low while providing broad market exposure.
Frequently Asked Questions
What countries does IDEV invest in?
IDEV invests in developed markets outside the U.S., including Japan, the U.K., France, Germany, Canada, and others.
Does IDEV include emerging markets?
No, IDEV focuses exclusively on developed markets. For emerging markets exposure, consider ETFs like IEMG or VWO.
How often is IDEV rebalanced?
IDEV is rebalanced quarterly to align with changes in the MSCI World ex USA IMI Index.
What is IDEV's expense ratio?
IDEV has a low expense ratio of 0.05%, making it one of the most cost-effective options in its category.
Industry Overview
The iShares Core MSCI International Developed Markets ETF (IDEV) provides exposure to equities from developed markets outside the U.S., including countries like Japan, the U.K., and Germany. Investing in international developed markets can offer diversification benefits and exposure to economies at different stages of growth compared to the U.S. While these markets are generally more stable than emerging markets, they still face risks such as currency fluctuations and regional economic slowdowns. IDEV is a popular choice for investors seeking broad, low-cost exposure to these markets as part of a globally diversified portfolio.
Alternative Comparison
Compared to EFA (iShares MSCI EAFE ETF), IDEV includes small-cap stocks and covers a broader range of developed markets, offering more comprehensive exposure. VEA (Vanguard FTSE Developed Markets ETF) is another close competitor, but IDEV's inclusion of small-caps may appeal to investors seeking additional diversification. IDEV's expense ratio is competitive with these peers, making it a cost-efficient choice for core international exposure.
Issuer Overview
iShares, a division of BlackRock, is the largest ETF provider globally, known for its wide range of low-cost, index-tracking funds. With trillions in assets under management, iShares offers investors access to diverse markets and asset classes through its ETFs. The firm is recognized for its robust risk management, liquidity, and investor education resources.
Conclusion
IDEV is a well-rounded ETF for investors seeking diversified exposure to developed international markets at a low cost. Its inclusion of small- and mid-cap stocks sets it apart from many peers, providing broader market coverage. While it carries risks like currency fluctuations and regional economic volatility, its passive, index-tracking approach makes it a reliable core holding for long-term portfolios.
Boost Your Returns with SectorSurfer
Award-winning investment strategy automation