# iShares AI Adopters & Applications UCITS ETF (AIAA)

**Page:** https://fundology.uk/fund/aiaa · ISIN IE000Q9W2IR3

## 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, AIAA (iShares AI Adopters & Applications UCITS ETF, ISIN IE000Q9W2IR3) closed at £4.68 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the year to 13/11/2026 its total return was +8.3%, or +4.4% after UK CPIH inflation.

## Summary

iShares AI Adopters & Applications UCITS ETF Accum Shs USD is an exchange-traded fund (ETF) from iShares, launched in 2024. It tracks the STOXX Global AI Adopters and Applications Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 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: **£4.68** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | AIAA |
| ISIN | IE000Q9W2IR3 |
| Category | Technology |
| Type | ETF |
| Provider | iShares |
| Tracks | STOXX Global AI Adopters and Applications Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £234m |
| Launched | 2024 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/12/2024 |

## 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 | +8.26% | +4.43% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares AI Adopters & Applications UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund): 2025 +8.1%; 2026 to 13/11/2026 +9.1%. Returns of iShares AI Adopters & Applications UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +10.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +8.1% | +4.4% | Price |
| 2026 to 13/11/2026 | +9.1% | +5.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 13.98% | -13.22% |

## Largest fall

Volatility of iShares AI Adopters & Applications UCITS ETF Accum Shs USD in pounds, annualised from weekly returns to 13/11/2026: 14.0% over 1 year. Largest fall in the price of iShares AI Adopters & Applications UCITS ETF Accum Shs USD since December 2024, in pounds: −19.0% from 31/01/2025 to 11/04/2025. On 13/11/2026 the price of iShares AI Adopters & Applications UCITS ETF Accum Shs USD was 1.0% below its highest weekly close since December 2024 (23/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares AI Adopters & Applications UCITS ETF Accum Shs USD 0.35% a year. Compared on 14/11/2026, 93 of the 119 other technology funds charge more, 6 the same and 20 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** 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, AIAA holds 100 positions, according to its published holdings. The largest is Accenture · Class A at 2.44% of the fund; the ten largest make up 20.0%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Accenture · Class A | [ACN](https://fundology.uk/stock/ACN) | 2.44% |
| 2 | Intuitive Surgical | [ISRG](https://fundology.uk/stock/ISRG) | 2.09% |
| 3 | Stryker | [SYK](https://fundology.uk/stock/SYK) | 2.01% |
| 4 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 1.95% |
| 5 | Gilead Sciences | [GILD](https://fundology.uk/stock/GILD) | 1.93% |
| 6 | Mastercard · Class A | [MA](https://fundology.uk/stock/MA) | 1.93% |
| 7 | Danaher | [DHR](https://fundology.uk/stock/DHR) | 1.92% |
| 8 | Thermo Fisher Scientific | [TMO](https://fundology.uk/stock/TMO) | 1.92% |
| 9 | Visa · Class A | [V](https://fundology.uk/stock/V) | 1.92% |
| 10 | SAP | [SAP](https://fundology.uk/stock/SAP) | 1.90% |

## 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 |
|---|---|
| Information Technology | 33.3% |
| Health Care | 33.1% |
| Industrials | 11.9% |
| Financials | 11.6% |
| Communication Services | 7.1% |
| Consumer Discretionary | 2.8% |
| Cash and derivatives | 0.3% |

### By country

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

| Country | Weight |
|---|---|
| United States | 75.1% |
| Japan | 8.1% |
| Germany | 5.3% |
| United Kingdom | 3.4% |
| Switzerland | 3.3% |
| Sweden | 1.9% |
| China | 1.2% |
| Cash and derivatives | 0.3% |
| Other countries | 1.4% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.7% |
| Cash and money market | 0.3% |

All 103 holdings: https://fundology.uk/fund/aiaa/holdings

## Questions people ask

**What is the ongoing charge of AIAA?**

The ongoing charge of AIAA is 0.35% a year — about £35 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 AI Adopters & Applications UCITS ETF Accum Shs USD 0.35% a year. Compared on 14/11/2026, 93 of the 119 other technology funds charge more, 6 the same and 20 less (share classes counted once).

**What does AIAA track?**

AIAA tracks the STOXX Global AI Adopters and Applications Index - Benchmark TR Net.

**Is AIAA accumulating or distributing?**

AIAA 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 AIAA?**

The ISIN of AIAA is IE000Q9W2IR3. An ISIN identifies one exact share class of a fund; AIAA is its ticker on the London Stock Exchange.

**What does AIAA hold?**

As of 06/11/2026, AIAA holds 100 positions, according to its published holdings. The largest is Accenture · Class A at 2.44% of the fund; the ten largest make up 20.0%. Its ten largest holdings are Accenture · Class A (2.44%), Intuitive Surgical (2.09%), Stryker (2.01%), AstraZeneca (1.95%), Gilead Sciences (1.93%), Mastercard · Class A (1.93%), Danaher (1.92%), Thermo Fisher Scientific (1.92%), Visa · Class A (1.92%) and SAP (1.90%).

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

Calendar-year returns of AIAA in pounds (price, with income reinvested in the fund): 2025 +8.1%; 2026 to 13/11/2026 +9.1%. Past performance is not a guide to future returns.

**How has AIAA done after inflation?**

Over the year to 13/11/2026 AIAA’s total return was +8.3%, or +4.4% 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/338787/ishares-ai-adopters-applications-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-ai-adopters-applications-ucits-etf-usd-acc-gb-ie000q9w2ir3-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/aiaa-ishares-ai-adopters-applications-ucits-etf-fund-fact-sheet-en-gb.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.