If you want ETF exposure tied to the UAE market or UAE economy, the investable universe is much smaller than in the US or Europe. We could pad this out with an extended list, but have decided instead to keep this shortlist focused on four genuinely relevant funds: two UAE equity ETFs listed on ADX, one UAE bond ETF, and one US-listed UAE ETF for offshore investors.
| Ticker | Fund | Core exposure | Fee / TER | AUM / net assets | Holdings | Yield / income profile | Best for |
|---|---|---|---|---|---|---|---|
| UAED | Chimera S&P UAE UCITS ETF - Income | Broad UAE equities | 0.60% | AED 163.72m | 30 | 3.36% trailing ETF distribution yield | Core UAE equity exposure |
| UAEA | Chimera S&P UAE Shariah ETF - Accumulating | Shariah-compliant UAE equities | 0.70% | AED 142.22m | 30 | Accumulating structure | Shariah-compliant growth |
| BONDAE | Chimera JP Morgan UAE Bond UCITS ETF - Income | UAE investment-grade bonds | 0.40% | AED 17.13m | 23 | Income-oriented bond exposure | Lower-volatility UAE access |
| UAE | iShares MSCI UAE ETF | Broad UAE equities, offshore-listed | 0.59% | $264.2m | 56 | 3.71% trailing yield | International access to UAE equities |
Top UAE ETFs right now
1) UAED: Chimera S&P UAE UCITS ETF – Income
UAED tracks the S&P UAE BMI Liquid 20/35 Capped Index, had AED 163.72 million AUM, 30 holdings, a 0.60% TER, and a 3.36% trailing distribution yield in its Q1 2026 factsheet. UAED offers diversified local market exposure with an income profile, making it the cleanest core UAE equity ETF on the list.
The UAED combines broad local-market exposure with an income format, putting a 30-holding portfolio and benchmark design that make it suitable as a core UAE allocation. The fact that it distributes income also makes it easier to position for investors who want visible cash generation.
Best for: The investor who wants core UAE stock market exposure with income along the way.
2) UAEA: Chimera S&P UAE Shariah ETF – Accumulating
The Shariah-compliant option makes it especially relevant for investors who want UAE exposure but do not want to compromise on portfolio construction rules. The trade-off is that it is narrower in audience and slightly pricier than UAED. UAEA is built then for investors who want UAE equity exposure while staying within portfolio rules, and it uses an accumulating structure.
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UAEA tracks the S&P UAE Domestic Shariah Liquid 35/20 Capped Index, had AED 142.22 million AUM, 30 holdings, and a 0.70% TER in its end of year factsheet. As an accumulating fund, it is built more for reinvestment than payout-focused investors
Best for: The investor who wants Shariah-compliant UAE equity exposure and prefers reinvestment over income payouts.
3) BONDAE: Chimera JP Morgan UAE Bond UCITS ETF – Income
The fixed-income UAE play. BONDAE gives investors access to UAE investment-grade bonds rather than stocks, which makes it the most defensive vehicle in the group. BONDAE tracks the J.P. Morgan MECI UAE Investment Grade Custom Index, with AED 17.13 million AUM, 23 holdings, and a 0.40% TER.
BONDAE tracks a UAE investment-grade bond index, which means it can play a very different role from the equity funds: not necessarily maximum upside, but potentially smoother behaviour and better suitability for income or diversification. The small AUM means it is more specialist than mainstream, but it fills an important gap in the list.
Best for: The investor who wants UAE exposure with lower equity risk and a more income-oriented profile.
4) UAE: iShares MSCI UAE ETF
The offshore-access version. UAE is the most convenient way for many international investors to access UAE equities through a familiar US-listed ETF structure. The iShares fund is listed in the US, tracks the MSCI All UAE Capped Index, and at the end of March 2026 showed $264.2 million net assets, 56 holdings, a 0.59% expense ratio, 3.71% trailing yield, 8.97x P/E, and 0.24 equity beta.
This is probably the easiest one of the list to understand for investors who aren’t based in the UAE, and might only have an international broker. It has more holdings than the local Chimera equity funds, meaningful net assets, and a simple international wrapper. Its valuation metrics are also interesting, as they are relatively modest compared with many developed-market equity funds.
Best for: The global investor who wants liquid, internationally accessible UAE exposure through a standard brokerage account.
In Summary
UAED and UAE are the broadest UAE equity choices in the group, but they serve different buyers: UAED is the more local-market product, while UAE is the more convenient option for global brokerage accounts. UAEA is the specialist pick for Shariah-compliant investors, and BONDAE is the only one here that gives dedicated UAE bond exposure.
