At a glance
EIDO charges 0.59% a year. It has $502.4M in assets; it paid 3.97% of its price in distributions over the past 12 months, semiannual. Over the past year it returned −41.2% with distributions reinvested (S&P 500: +11.5%); over three years it returned −17.2% a year. At its worst it fell 51.1% in the 2020 crash (S&P 500: 33.7%) and 14.9% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 9 months and 26 months after the lows. Its ten largest positions make up 64.3% of the fund, out of 66 in all.
The short version
The iShares MSCI Indonesia ETF (EIDO) is a BlackRock index fund that tracks the MSCI Indonesia IMI 25/50 Index, which holds large, mid-size and small Indonesian companies. It is a single-country fund dominated by banks: Bank Central Asia alone made up about 20% of assets as of August 31, 2026. It charges 0.59% a year and swings sharply in price. It fell 43.7% from the start of 2026 through October 27, 2026.
Price history
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EIDO -41.2% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| EIDO official prospectus, to Dec 31, 2024 | — | -11.41% | — | -3.54% | -1.66% | — |
| MSCI Emerging Markets Index Net index, same period | — | +7.50% | — | +1.70% | +3.64% | — |
| EIDO price data to Oct 27, 2026 | -43.7% | -41.2% | -17.2% | -12.6% | -6.6% | -2.5% |
- Over the year to Oct 27, 2026, EIDO returned -41.2%.
- Its 5-year annualized return was -12.6% and its 10-year -6.6%.
- In the 2020 COVID crash it fell 51.1% and regained its old high 8.8 months after the low.
- Its worst full calendar year was 2013 (-23.4%); its best was 2014 (+21.9%).
- The deepest fall in its price history was 64.3% (May 20, 2013 to Oct 19, 2026), not yet recovered.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | -43.7% | — |
| 2025 | +4.9% | — |
| 2024 | -13.0% | -11.41% |
| 2023 | +2.6% | +2.09% |
| 2022 | -0.1% | -0.43% |
| 2021 | -0.6% | +0.87% |
| 2020 | -7.2% | -8.09% |
| 2019 | +5.3% | +5.01% |
| 2018 | -10.9% | -10.58% |
| 2017 | +19.4% | +18.43% |
| 2016 | +17.0% | +16.83% |
| 2015 | -22.8% | -22.03% |
| 2014 | +21.9% | — |
| 2013 | -23.4% | — |
| 2012 | +4.5% | — |
| 2011 | +1.9% | — |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 51.1% over that stretch · deepest drop along the way 51.1%, back to its old high 8.8 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Gained 1.3% over that stretch · deepest drop along the way 14.9%, back to its old high 26.4 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.2300 | |
| 2025 | $0.6600 | -31.2% |
| 2024 | $0.9600 | +45.5% |
| 2023 | $0.6600 | +15.8% |
| 2022 | $0.5700 | +90.0% |
| 2021 | $0.3000 | -14.3% |
| 2020 | $0.3500 | -23.9% |
| 2019 | $0.4600 | -8.0% |
| 2018 | $0.5000 | +38.9% |
| 2017 | $0.3600 | +28.6% |
| 2016 | $0.2800 | -20.0% |
| 2015 | $0.3500 | -5.4% |
| 2014 | $0.3700 | -19.6% |
| 2013 | $0.4600 | +35.3% |
| 2012 | $0.3400 | -2.9% |
| 2011 | $0.3500 |
What's inside
As of Aug 31, 2026, the fund held 66 securities; the ten largest made up 64.29% of assets.
| Holding | Weight | |
|---|---|---|
| PT Bank Central Asia Tbk | 20.09% | |
| PT Bank Rakyat Indonesia (Persero) Tbk | 11.63% | |
| PT Bank Mandiri (Persero) Tbk | 8.99% | |
| PT Telkom Indonesia (Persero) Tbk | 6.05% | |
| PT Bank Negara Indonesia (Persero) Tbk | 3.76% | |
| PT Astra International Tbk | 3.54% | |
| PT Bumi Resources Minerals Tbk | 3.24% | |
| PT Barito Pacific Tbk | 2.62% | |
| PT Indofood Sukses Makmur Tbk | 2.34% | |
| PT Merdeka Copper Gold Tbk. | 2.04% | |
| PT Alamtri Resources Indonesia Tbk | 1.90% | |
| PT Bumi Resources Tbk | 1.74% | |
| INDONESIAN RUPIAH Other | 1.71% | |
| PT Energi Mega Persada Tbk | 1.53% | |
| PT Sumber Alfaria Trijaya Tbk | 1.48% |
By country
Indonesia 99.76%By asset type
Stocks 98.05%Other 1.71%What changed recently
- Over the three months to Aug 31, 2026, investors added a net $194.0M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: -9.56%, +10.08%, +3.27%.
How it works
EIDO follows the MSCI Indonesia IMI 25/50 Index, which MSCI builds and maintains. The index covers large, mid-size and small Indonesian companies. It weights them by free-float market capitalization, meaning each company's size is measured using only the shares that are available for public trading. A cap keeps any single "group entity" below 25% of the index. A group entity is a set of affiliated companies, such as a parent and the listed companies it controls. The cap also limits all group entities above 5% to 50% combined. MSCI reviews these groupings once a year.
BlackRock Fund Advisors uses representative sampling. This means the fund may hold a sample of index stocks that together behave like the full index, rather than every stock. At least 80% of assets go into index stocks or close equivalents. Up to 20% can go into futures, options, swaps, cash and money market funds. The fund does not try to beat the index, and it does not move into cash when markets fall. Portfolio turnover was 16%.
As of August 31, 2026, the fund held 66 issuers, and its top ten made up 64.3% of assets. About 98% was in stocks and 1.7% was in Indonesian rupiah. The fund reports its value in US dollars, so a falling rupiah reduces returns.
What it really costs
- EIDO charges 0.59% a year.
- Using the prospectus's standard example, $10,000 invested would cost about $60 in the first year and $738 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| EIDO | $60 | $189 | $329 | $738 |
In a retirement portfolio
It is a concentrated bet on one emerging market and one sector, with deep, long-lasting losses in its history.
EIDO could serve as a small add-on for someone who wants more exposure to Indonesia than a broad emerging-markets fund gives. Its history shows the risks of that exposure. The fund launched in 2010, after the 2008 crisis. In the 2020 COVID crash it fell 51.1% in about five weeks and recovered by December 16, 2020. A 14.9% drop in mid-2022 took 26.4 months to recover. Its worst calendar year was 2013, at −23.4%. Its deepest drop, 64.3% from a May 2013 peak to an October 19, 2026 low, had not been recovered as of October 27, 2026. Anyone forced to sell in a slump could lock in large losses. The fund yielded 3.97%, paid twice a year, as of October 27, 2026. It costs 0.59% a year, or $60 in year one on $10,000 under the SEC's standard example. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors seeking targeted exposure to Indonesian stocks, including smaller companies, as a small addition to an already diversified portfolio.
- Those comfortable with heavy bank exposure: Bank Central Asia, Bank Rakyat Indonesia and Bank Mandiri held about 41% of assets as of August 31, 2026.
- Holders who value income paid twice a year; the trailing yield was 3.97% as of October 27, 2026.
Look elsewhere if
- Anyone who may need to sell during a downturn: the fund fell 51.1% in early 2020 and 43.7% in 2026 through October 27.
- Investors focused on long-term results: it lost 1.66% a year over 10 years through 2024, while the MSCI Emerging Markets Index gained 3.64%.
- Those wanting broad diversification: 99.8% of assets were in Indonesia, and swings in the rupiah against the dollar directly affect returns.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
No close alternatives found.
Questions investors ask
Is EIDO a good investment for retirement?
EIDO fits better as a small, higher-risk satellite position than as a core retirement holding. As of December 31, 2024, it had lost an average of 1.66% a year over 10 years. As of October 27, 2026, it was still down from its 64.3% drop from a May 2013 peak, and its price volatility over the prior year was 33.2%. Someone drawing income may find those swings hard to live with.
Does EIDO pay dividends?
Yes. EIDO pays dividends twice a year. Over the 12 months to October 27, 2026, it paid about $0.41 per share, a trailing yield of 3.97%. Payments depend on dividends from Indonesian companies, mainly large banks, and on the rupiah's value against the US dollar. Both can change, so the income is not fixed from one payment to the next.
What is EIDO's expense ratio?
EIDO's expense ratio is 0.59% a year, based on the prospectus filed December 19, 2025, with no fee waiver. Under the SEC's standard example ($10,000 invested, a 5% yearly return, shares sold at the end of each period), total costs would be about $60 after one year, $189 after three, $329 after five and $738 after ten.
What are EIDO's top holdings?
EIDO's largest holdings are Indonesian banks. As of August 31, 2026, Bank Central Asia made up about 20.1% of assets, Bank Rakyat Indonesia 11.6%, Bank Mandiri 9.0% and Bank Negara Indonesia 3.8%. Telkom Indonesia (6.1%) and Astra International (3.5%) were also in the top ten. The top ten held 64.3% of assets, spread across 66 issuers.
EIDO vs an emerging markets ETF: what's the difference?
EIDO holds only Indonesian stocks, while a broad emerging-markets index spreads money across many countries. That focus has hurt EIDO. As of December 31, 2024, the prospectus shows average annual returns of −11.41% over one year, −3.54% over five years and −1.66% over ten. The MSCI Emerging Markets Index returned 7.5%, 1.7% and 3.64% over the same periods. EIDO adds more country, currency and banking-sector risk.