iShares International Country Rotation Active ETF
BlackRock ETF Trust
Fund classification
Classified from what the fund holds · as of 2026 Q2
iShares International Country Rotation Active ETF is an actively managed U.S. equity ETF.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Features
- Non-diversified · Fund of funds
Fund profile
As filed in the prospectus · 2025 Q4
The iShares International Country Rotation Active ETF (the Fund) seeks long-term capital appreciation.
The fund rotates allocations among developed and emerging markets countries, overweighting those the manager expects to outperform relative to the MSCI ACWI ex-US Index based on proprietary quantitative models and fundamental analysis, adjusting positions nominally each month. It gains exposure primarily through affiliated equity index ETFs and may also hold individual securities and derivatives. The fund is non-diversified, meaning it may hold a small number of issuers or countries in concentrated positions. Because allocations shift based on the manager's forward-looking views rather than index constituents, performance will diverge from the benchmark.
| Share class | Gross | Net |
|---|---|---|
| C000254669 | 1.06% | 0.55% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 52.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.16% |
| Cash & short-term | 17.69% |
| Other | 1.13% |
| Derivatives | 0.20% |
Look-through blends 26 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
New: iShares MSCI Italy ETF, iShares MSCI Norway ETF, iShares MSCI Thailand ETF, iShares MSCI New Zealand ETF, Morgan Stanley & Co. International PLC, BNP Paribas SA, Goldman Sachs International, UBS AG
Exited: iShares MSCI Germany ETF, iShares MSCI Mexico ETF, iShares MSCI Peru and Global Exposure ETF
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | iShares MSCI Japan ETF | 17.32% | $89.10 | $626.12M | 7.0M |
| — | BlackRock Funds III | 16.19% | — | $585.38M | — |
| — | iShares MSCI Canada ETF | 13.53% | $58.60 | $488.99M | 8.3M |
| — | iShares MSCI United Kingdom ETF | 10.63% | $47.15 | $384.31M | 8.2M |
| — | iShares MSCI South Korea ETF | 7.88% | $160.76 | $284.90M | 1.8M |
| — | iShares MSCI China ETF | 6.67% | $57.57 | $241.11M | 4.2M |
| — | iShares MSCI Spain ETF | 6.35% | $56.67 | $229.59M | 4.1M |
| — | iShares MSCI Taiwan ETF | 4.41% | $89.88 | $159.32M | 1.8M |
| — | iShares Core S&P 500 ETF | 4.13% | $722.07 | $149.18M | 206.6K |
| — | iShares MSCI Netherlands ETF | 3.80% | $62.71 | $137.53M | 2.2M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 90.91% of net assets, top 25 114.93%, across 31 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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