MER · Top 50%AUM · Top 10%1Y Return · Top 10%3Y Return · Top 10%5Y Return · Top 10%
What's new this monthData to 30 September 2026
+7.5% in September (total return), ahead of the median international shares ETF at +0.0%.
Investors added a net $7.2m (0.4% of the fund).
The unit price closed the month at $206.98, 6% below its 12-month high (range $126.80 to $220.50).
About IAA
IAA is the iShares Asia 50 ETF. It tracks the S&P Asia 50 Index, which holds 50 of the largest companies in China, Hong Kong, South Korea, Taiwan and Singapore. It is passive and unhedged. Japan, India and Australia are not included.
IAA is very concentrated. Taiwan Semiconductor alone makes up a large share of the fund, and together with Samsung and SK hynix the big chipmakers account for a large part of the total, so technology dominates. Chinese internet groups such as Tencent and Alibaba and a handful of banks make up much of the rest. That means returns are heavily tied to the global semiconductor cycle and to political risk in the region. Income is modest and unfranked, and returns are affected by Asian currencies against the Australian dollar.
IAA is often used as a satellite for investors who want a focused bet on Asia's largest companies. Alternatives include the tech focused ASIA and the broader VAE. See IAA vs ASIA and IAA vs VAE.
IAA distributions and dividend dates
IAA pays distributions half-yearly, usually going ex-distribution in July and December, with payment about 11 days after the ex-date.
The latest distribution was $1.9592 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 13 July 2026. To receive it you need to own IAA before the ex-date.
Its distribution yield over the past 12 months is about 1.6%. Distributions vary and past payments are not a guide to future ones.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
1 year ago$15,0103 years ago$25,1205 years ago$20,226
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
IAA at a glance: strengths and things to watch
👍 Strengths
Low cost. At 0.29% a year it is cheaper than 85% of international shares ETFs.
Large and established. $1.8bn under management, number 45 of 508 ETFs in Australia by size.
Ahead of its peers. +15.1% a year over 5 years, against +8.8% for the median international shares ETF.
Long track record. Listed since 2008, through several market cycles.
⚠️ Things to watch
Concentrated. The top 10 holdings make up 72% of the fund, so a few companies drive the result.
Worked out from IAA's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.
IAA's moving averages are tangled and the price is moving sideways. The trend hasn't picked a direction yet.
Why it matters: Bases are where the next big move starts. A breakout can begin a new uptrend, while a breakdown can start a long fall. Buying a satellite before the breakout often means waiting months for nothing to happen.
At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.
Holdings from the issuer's published portfolio as at 30 October 2026. Breakdowns are based on the largest 59 positions, covering 100% of the fund. Compare IAA's holdings with other ETFs →
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Same holdings is the share of IAA's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like IAA →
IAA vs its closest alternatives
What actually differs between IAA and the ETFs most like it. Data to 30 Sep 2026.
IAA charges a management fee (MER) of 0.29% a year, according to the TMX Australia monthly funds report as at 30 September 2026.
How big is IAA?
IAA had $1.8bn in funds under management as at 30 September 2026.
How has IAA performed?
IAA returned +50.1% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +35.9% a year. Past performance is not a reliable indicator of future performance.
Who manages IAA?
IAA is managed by iShares and has been listed since September 2008.
Does IAA pay monthly?
IAA pays distributions twice a year, usually going ex-distribution in July and December. It does not pay monthly. If you want monthly income, see the ETF dividend calendar on ReviewETF for funds that pay every month.
When is the next IAA distribution?
Based on its usual schedule, IAA's next distribution should go ex around the start of December (around day 29), with payment about 11 days later. Dates can move, so check iShares' announcements to confirm.
What is IAA's dividend yield?
IAA's distribution yield over the past 12 months was about 1.5%. Yields change with the unit price and each payment, and are not a forecast.
What does IAA hold?
IAA's largest holdings are Taiwan Semiconductor Manufacturing Co Ltd (29.1%), Samsung Electronics Co Ltd (12.8%), SK hynix Inc (10.3%), Tencent Holdings Ltd (5.0%), Alibaba Group Holding Ltd (4.1%). It holds about 59 investments in total. The biggest sector is information technology at 71%. Holdings as at 30 October 2026.
Is IAA currency hedged?
No, IAA is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.
Disclaimer
This review is general information only and does not take into account your objectives, financial situation or needs. Consider the iShares product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.
etf