# iShares MSCI EMU Large Cap UCITS ETF EUR (0MUL)

**Page:** https://fundology.uk/fund/0mul · ISIN IE00BCLWRF22

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 0MUL (iShares MSCI EMU Large Cap UCITS ETF EUR, ISIN IE00BCLWRF22) closed at €78.27 on the London Stock Exchange. Its ongoing charge is 0.49% a year (about £49 on £10,000). Over the five years to 13/11/2026 its total return was +55.6%, or +21.4% after UK CPIH inflation.

## Summary

iShares MSCI EMU Large Cap UCITS ETF EUR is an exchange-traded fund (ETF) from iShares, launched in 2013. It tracks the MSCI EMU Large Cap. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **€78.27** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0MUL |
| ISIN | IE00BCLWRF22 |
| Also listed as | IS3G (Xetra, euros) |
| Category | European shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI EMU Large Cap |
| Income | Accumulating |
| Ongoing charge | 0.49% a year (£49 per £10,000) |
| Fund size | £136m |
| Launched | 2013 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 16/09/2013 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +8.30% | +4.47% | income reinvested |
| 3 years | +54.02% | +39.15% | income reinvested |
| 5 years | +55.56% | +21.42% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares MSCI EMU Large Cap UCITS ETF EUR in pounds (price, with income reinvested in the fund): 2025 +29.9%; 2026 to 13/11/2026 +6.4%. Returns of iShares MSCI EMU Large Cap UCITS ETF EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +12.6%; to 30/09/2025: +19.9%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +29.9% | +25.4% | Price |
| 2026 to 13/11/2026 | +6.4% | +3.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.31% | -11.21% |
| 3 years | 16.23% | -11.21% |

## Largest fall

Volatility of iShares MSCI EMU Large Cap UCITS ETF EUR in pounds, annualised from weekly returns to 13/11/2026: 17.3% over 1 year, 16.2% over 3 years. The lowest 12-month return of iShares MSCI EMU Large Cap UCITS ETF EUR in pounds (price, with income reinvested in the fund) since February 2024 was −0.4% (12 months to 11/04/2025); the highest was +31.2% (12 months to 14/11/2025).

## Charges compared with similar funds

Ongoing charge of iShares MSCI EMU Large Cap UCITS ETF EUR 0.49% a year. Compared on 14/11/2026, 14 of the 242 other European share funds charge more, 2 the same and 226 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.49%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, 0MUL holds 97 positions, according to its published holdings. The largest is ASML at 9.27% of the fund; the ten largest make up 35.2%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 9.27% |
| 2 | SAP | [SAP](https://fundology.uk/stock/SAP) | 3.98% |
| 3 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 3.55% |
| 4 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 3.19% |
| 5 | TotalEnergies | [TTE](https://fundology.uk/stock/TTE) | 2.88% |
| 6 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 2.84% |
| 7 | Iberdrola | [IBE](https://fundology.uk/stock/IBE) | 2.62% |
| 8 | Banco Bilbao Vizcaya Argentaria | [BBVA](https://fundology.uk/stock/BBVA) | 2.36% |
| 9 | Schneider Electric | [SU](https://fundology.uk/stock/SU) | 2.34% |
| 10 | Airbus Group | — | 2.17% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Financials | 26.4% |
| Industrials | 17.7% |
| Information Technology | 16.8% |
| Consumer Discretionary | 8.5% |
| Utilities | 7.2% |
| Health Care | 6.4% |
| Consumer Staples | 5.9% |
| Materials | 3.9% |
| Other sectors | 7.1% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| France | 29.9% |
| Germany | 28.4% |
| Netherlands | 15.2% |
| Spain | 11.8% |
| Italy | 7.6% |
| Belgium | 3.4% |
| Finland | 2.4% |
| Cash and derivatives | 0.4% |
| Other countries | 0.9% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.6% |
| Cash and money market | 0.4% |

All 101 holdings: https://fundology.uk/fund/0mul/holdings

## Questions people ask

**What is the ongoing charge of 0MUL?**

The ongoing charge of 0MUL is 0.49% a year — about £49 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares MSCI EMU Large Cap UCITS ETF EUR 0.49% a year. Compared on 14/11/2026, 14 of the 242 other European share funds charge more, 2 the same and 226 less (share classes counted once).

**What does 0MUL track?**

0MUL tracks the MSCI EMU Large Cap.

**Is 0MUL accumulating or distributing?**

0MUL is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0MUL?**

The ISIN of 0MUL is IE00BCLWRF22. An ISIN identifies one exact share class of a fund; 0MUL is its ticker on the London Stock Exchange. The same share class is also listed as IS3G (Xetra, euros).

**What does 0MUL hold?**

As of 06/11/2026, 0MUL holds 97 positions, according to its published holdings. The largest is ASML at 9.27% of the fund; the ten largest make up 35.2%. Its ten largest holdings are ASML (9.27%), SAP (3.98%), Siemens (3.55%), Allianz (3.19%), TotalEnergies (2.88%), Banco Santander (2.84%), Iberdrola (2.62%), Banco Bilbao Vizcaya Argentaria (2.36%), Schneider Electric (2.34%) and Airbus Group (2.17%).

**What were 0MUL’s returns in each of the last five years?**

Calendar-year returns of 0MUL in pounds (price, with income reinvested in the fund): 2025 +29.9%; 2026 to 13/11/2026 +6.4%. Past performance is not a guide to future returns.

**How has 0MUL done after inflation?**

Over the five years to 13/11/2026 0MUL’s total return was +55.6%, or +21.4% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/257265/ishares-msci-emu-large-cap-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-emu-large-cap-ucits-etf-eur-acc-gb-ie00bclwrf22-en.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.