ETF Evaluator:
iShares MSCI Poland ETF (EPOL)
Follow This ETF
(as of Jul 31)
Best Performing in Focused Region Over the Last Year
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Risk
Index
Risk
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ETF Details
iShares MSCI Poland ETF Overview
iShares MSCI Poland ETF (EPOL) is a passively managed International Equity Focused Region exchange-traded fund (ETF). iShares launched the ETF in 2010.
The investment seeks to track the investment results of the MSCI Poland IMI 25/50 Index.
The fund generally will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is a free float-adjusted market capitalization-weighted index that is designed to measure the performance of the large-, mid- and small-capitalization segments of the equity market in Poland. The fund is non-diversified.
About iShares MSCI Poland ETF (EPOL)
There are 4 members of the management team with an average tenure of 4.31 years: Jennifer Hsui (2012), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI EM NR USD index with a weighting of 100% and MSCI Poland IMI 25-50 NR USD index with a weighting of 100%. iShares MSCI Poland ETF has 43 securities in its portfolio. The top 10 holdings constitute 66.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares MSCI Poland ETF is part of the Equity global asset class and is within the International Equity ETF group. iShares MSCI Poland ETF has 98.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 98.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares MSCI Poland ETF has 1.5% of the portfolio in cash.
Assets Under Management
The fund has $679 million in total assets, which is below the $1 billion average for the Focused Region category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
EPOL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares MSCI Poland ETF expense ratio is average compared to funds in the Focused Region category. iShares MSCI Poland ETF has an expense ratio of 0.59%, which is 14% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares MSCI Poland ETF has a portfolio turnover rate of 12%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 26% for the Focused Region category.
Recently, in the month of June 2026, iShares MSCI Poland ETF returned -4.4%, which earned it a grade of F, as the Focused Region category had an average return of -2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares MSCI Poland ETF has a trailing yield of 3.81%, which is below the 5.65% category average.
The fund normally distributes its income semi-annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares MSCI Poland ETF Grades
Year to date, the ETF has returned 11.1%, 1.9 percentage points better than the category, which translates into a grade of B. The fund has returned 25.0% over the past year (grade of C), 32.4% over the past three years (grade of A) and 16.5% per year over the past five years (grade of A) and 11.7% per year over the past 10 years (grade of A).
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EPOL Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| EPOL Return (NAV) | -4.4% | 8.0% | 25.0% | 32.4% | 16.5% | 11.7% |
| EPOL Return (Price) | -4.0% | 6.8% | 24.7% | 32.5% | 16.6% | 11.6% |
| NAV +/- Price Return | -0.426% | 1.134% | 0.317% | -0.035% | -0.057% | 0.090% |
| Focused Region Avg | -2.1% | 5.8% | 27.1% | 86.8% | 8.6% | 8.7% |
| EPOL Grade (NAV) | F | B | C | A | A | A |
| +/- Category (NAV) | -2.3% | 2.2% | -2.1% | -54.4% | 7.9% | 3.0% |
| EPOL Tax-Cost Ratio | na | na | 1.1% | 1.5% | 1.1% | 0.8% |
EPOL Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| EPOL Return (NAV) | 11.1% | 76.2% | -2.6% | 50.1% | -24.5% | 12.1% | -8.2% | -5.6% | -14.3% | 52.7% | 2.8% |
| EPOL Return (Price) | 10.5% | 77.4% | -2.5% | 50.8% | -24.6% | 12.2% | -8.4% | -6.1% | -13.8% | 52.4% | 2.4% |
| NAV +/- Price Ret | -0.045% | 0.015% | -0.043% | 0.013% | 0.004% | 0.006% | 0.025% | 10.3% | -3.7% | -0.5% | -11.3% |
| Focused Region Avg | 9.1% | 40.1% | 7.5% | 33.4% | -15.0% | 8.3% | 3.6% | 20.0% | -13.7% | 26.4% | 13.0% |
| EPOL Grade (NAV) | B | A | D | A | D | C | D | F | C | A | C |
| +/- Category | 1.9% | 36.1% | -10.1% | 16.7% | -9.6% | 3.9% | -11.8% | -25.5% | -0.6% | 26.3% | -10.3% |
| Risk Measures | |
| Beta: | 0.85 |
| R-Squared: | 31% |
| Standard Deviation: | 21.2% |
| Category Risk Index: | 0.26 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.75 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 3.8% |
| Total Assets: | $ 679 Mil |
| Share Class Assets: | $ 679 Mil |
| Turnover: | 12.0% |
| Expense Ratio: | 0.59% |
| Index Fund: | Yes |
| Index Tracked: | MSCI EM NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 13.5 years | |||
| Average Tenure: 4.3 years | |||
| Managers (Year): Hsui Jennifer (2012), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 43 |
| % in Top 10 Holdings: | 66.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 98.5% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 98.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | www.ishares.com |
| Inception Date: | May 25, 2010 |
Expenses and Fees
| Expense Ratio (%): | 0.59% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.52% |
