iShares Poland ETF Gains 38.5% in One Year, Yields 2.89%
iShares Poland ETF returned 38.53% over the past year and 127.78% over five years, compared with 20.19% and 60.45% for the broad Europe ETF, on $643 million in assets. The fund charges a 0.59% expense ratio and yields 2.89%, with top holdings in financials, energy, and materials.
1. ETF Overview
The iShares MSCI Poland IMI 25/50 Index ETF offers single-country exposure to Polish equities across large, mid and small caps. Trading since May 2010, it holds $643 million in net assets, carries a 0.59% expense ratio and distributes a 2.89% dividend yield.
2. Recent Performance
Over the past year, the ETF climbed 38.53% and has risen 127.78% over five years, substantially outpacing the 20.19% one-year and 60.45% five-year returns of the broad Europe ETF. This performance gap underscores strong earnings growth in Polish businesses.
3. Portfolio Composition
Top holdings concentrate in financials, energy and materials, led by PKO Bank Polski, PKN Orlen, KGHM and Allegro. Domestic consumption trends and institutional credibility from NATO and EU membership have driven steady earnings growth in these sectors.
4. Key Risks
The ETF’s single-country focus exposes investors to Polish economic and currency fluctuations, with the zloty trading near $0.27 per PLN affecting U.S. returns. Geopolitical proximity to the Russia-Ukraine conflict adds a regional risk premium not seen in most Western European markets.