# iShares S&P US Banks UCITS ETF (BNKS)

**Source:** https://fundology.uk/fund/bnks · ISIN IE00BD3V0B10 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 30/09/2026, BNKS (iShares S&P US Banks UCITS ETF, ISIN IE00BD3V0B10) closed at $7.95 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 30/09/2026 its total return was +28.4%, or +0.4% after UK CPIH inflation.

## Summary

iShares S&P US Banks UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the S&P 900 Banks (Industry) 7/4 Capped Index. 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: **$7.95** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | BNKS |
| ISIN | IE00BD3V0B10 |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P 900 Banks (Industry) 7/4 Capped Index |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £593m |
| Launched | 2018 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +11.32% | +7.83% | income reinvested |
| 3 years | +84.69% | +66.66% | income reinvested |
| 5 years | +28.45% | +0.41% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares S&P US Banks UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −9.0%, 2023 −8.3%, 2024 +29.0%, 2025 +13.6%; 2026 to 30/09/2026 +3.7%. Returns of iShares S&P US Banks UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +9.8%; to 30/09/2025: +26.2%; to 30/09/2024: +31.7%; to 30/09/2023: −28.7%; to 30/09/2022: +1.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.0% | -16.7% | Price |
| 2023 | -8.3% | -12.0% | Price |
| 2024 | +29.0% | +24.6% | Price |
| 2025 | +13.6% | +9.7% | Price |
| 2026 to 30/09/2026 | +3.7% | +0.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 21.03% | -14.67% |
| 3 years | 24.78% | -28.69% |
| 5 years | 26.04% | -44.37% |

## Largest fall

Volatility of iShares S&P US Banks UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 21.0% over 1 year, 24.8% over 3 years, 26.0% over 5 years. Largest fall in the price of iShares S&P US Banks UCITS ETF since October 2021, in pounds: −44.4% from 07/01/2022 to 12/05/2023. The lowest 12-month return of iShares S&P US Banks UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −34.4% (12 months to 12/05/2023); the highest was +63.7% (12 months to 22/11/2024). On 30/09/2026 the price of iShares S&P US Banks UCITS ETF was 9.8% below its highest weekly close since October 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares S&P US Banks UCITS ETF 0.35% a year, as of 01/10/2026: 59 of the 141 other single-sector funds charge more, 3 the same and 79 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| Citigroup | 7.13% |
| JPMorgan Chase | 7.09% |
| U.S. Bancorp | 7.02% |
| Wells Fargo | 6.74% |
| Bank of America | 6.59% |
| Fifth Third Bancorp | 4.04% |
| Truist Financial | 3.98% |
| Citizens Financial Group | 3.96% |
| Huntington Bancshares | 3.95% |
| PNC Financial Services Group | 3.94% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by iShares, as of 29/09/2026.

| Sector | Weight |
|---|---|
| Regional Banks | 53.9% |
| Diversified Banks | 45.9% |
| Cash and derivatives | 0.2% |

### By type of asset

Added up from the holdings iShares publishes, as of 29/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.8% |
| Cash and money market | 0.3% |

All 40 holdings: https://fundology.uk/fund/bnks/holdings

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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.