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iShares MSCI Frontier 100 ETF (FM)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US4642861458
CUSIP
464286145
Issuer
iShares
Inception Date
Sep 12, 2012
Region
Frontier Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
MSCI Frontier Markets 100 Index
Distribution Policy
Accumulating
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares MSCI Frontier 100 ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period


iShares MSCI Frontier 100 ETF

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.18%0.18%
2024-2.09%4.93%6.03%-5.06%4.56%-1.28%1.02%-0.40%-0.36%0.24%-0.13%0.11%7.25%
20233.42%-6.07%3.44%-0.94%-1.10%4.93%9.24%-4.28%-4.18%-4.98%6.05%2.73%7.12%
2022-1.54%-0.62%-3.73%-3.05%-5.04%-8.52%1.38%0.26%-10.67%-3.33%11.81%-2.94%-24.43%
20212.22%-0.41%2.18%4.54%4.25%4.84%-0.99%3.99%-0.76%6.61%-5.20%1.33%24.36%
20200.89%-10.29%-22.28%6.23%3.97%5.46%-1.57%7.22%0.20%2.70%3.50%4.94%-3.36%

Benchmark Metrics

iShares MSCI Frontier 100 ETF has an annualized alpha of -1.93%, beta of 0.53, and R² of 0.37 versus S&P 500 Index. Calculated based on daily prices since September 14, 2012.

  • This ETF participated in 74.33% of S&P 500 Index downside but only 48.94% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.53 may look defensive, but with R² of 0.37 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.37 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-1.93%
Beta
0.53
0.37
Upside Capture
48.94%
Downside Capture
74.33%

Expense Ratio

FM has an expense ratio of 0.79%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares MSCI Frontier 100 ETF (FM) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

iShares MSCI Frontier 100 ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%2.50%3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.202015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018201720162015
Dividend$0.00$1.07$0.95$0.69$0.70$0.83$0.95$1.12$0.68$0.53$0.69

Dividend yield

0.00%3.95%3.62%2.70%2.04%2.91%3.12%4.29%2.04%2.15%2.76%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI Frontier 100 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.62$0.00$0.00$0.00$0.00$0.00$0.45$1.07
2023$0.00$0.00$0.00$0.00$0.00$0.43$0.00$0.00$0.00$0.00$0.00$0.52$0.95
2022$0.00$0.00$0.00$0.00$0.00$0.61$0.00$0.00$0.00$0.00$0.00$0.08$0.69
2021$0.00$0.00$0.00$0.00$0.00$0.49$0.00$0.00$0.00$0.00$0.00$0.21$0.70
2020$0.00$0.00$0.00$0.00$0.00$0.64$0.00$0.00$0.00$0.00$0.00$0.19$0.83

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI Frontier 100 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI Frontier 100 ETF was 41.63%, occurring on Mar 23, 2020. Recovery took 302 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.63%Jan 23, 2018545Mar 23, 2020302Jun 3, 2021847
-36.61%Jul 17, 2014381Jan 20, 2016477Dec 8, 2017858
-34.28%Nov 12, 2021238Oct 24, 2022
-10.71%Jun 4, 201315Jun 24, 201343Aug 23, 201358
-6.78%Jun 9, 201416Jun 30, 20147Jul 10, 201423

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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