KSA
iShares MSCI Saudi Arabia ETF
#10 of 10 in Emerging Markets by own-history percentile (high → low)
Relative to SPY
Relative price history
KSA ÷ SPY, 10-year range, as of Jul 17, 2026
How the reading moved
These changes re-score an older KSA÷SPY ratio against today's 10-year window, so they show whether the relative price has drifted toward the highs or lows of its own history — not a peer ranking and not a return forecast.
- About one week: -1.3 pts (from 1.5% on Jun 30, 2026 to 0.2% now)
- About one month: -2.1 pts (from 2.3% on May 29, 2026 to 0.2% now)
Emerging Markets
Where this sits among peers
Emerging Markets · KSA highlighted · same axes as the category chart on the home page
Top holdings
Holdings snapshot as of Jul 17, 2026.
What moves this
KSA is dominated by oil-linked and state-affiliated companies, so its relative valuation tracks crude oil prices closely, and the fund's daily trading reflects a free float that is considerably smaller than the underlying companies' total market capitalization would imply — a structural factor worth keeping in mind alongside its shorter listed history versus most other funds on this site.
FAQ
Why does 'free float' matter for this fund specifically?
Several of the largest companies in this index have a relatively small share of shares actually available for public trading, since large stakes remain state-held — that can make the fund's tradable price behave somewhat differently than the companies' full market value might suggest.
Does oil price directly drive this fund's valuation?
Closely — a large share of the index is oil-linked or state-affiliated, so crude-price cycles are one of the more direct commodity-to-valuation links among the funds on this site.
Why does this fund have a shorter history than most other countries here?
It launched more recently than most other single-country funds on this site, so its 10-year percentile window covers close to the fund's entire trading history rather than a subset of a much longer record.
Emerging Markets