# iShares Smart City Infrastructure UCITS ETF USD (CT2B)

**Page:** https://fundology.uk/fund/ct2b · ISIN IE00BKTLJB70

## 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, CT2B (iShares Smart City Infrastructure UCITS ETF USD, ISIN IE00BKTLJB70) closed at £7.21 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was +26.5%, or −1.3% after UK CPIH inflation.

## Summary

iShares Smart City Infrastructure UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2020. It tracks the STOXX Global Smart City Infrastructure. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£7.21** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CT2B |
| ISIN | IE00BKTLJB70 |
| Also listed as | AYEV (Xetra, euros) |
| Category | Property & infrastructure |
| Type | ETF |
| Provider | iShares |
| Tracks | STOXX Global Smart City Infrastructure |
| Income | Distributing |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £39.9m |
| Launched | 2020 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 05/03/2020 |

## 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 | +10.80% | +6.88% | income reinvested |
| 3 years | +55.98% | +40.93% | income reinvested |
| 5 years | +26.46% | -1.29% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Smart City Infrastructure UCITS ETF USD in pounds (price only, income paid out not included): 2022 −13.9%, 2023 +11.9%, 2024 +11.8%, 2025 +9.4%; 2026 to 13/11/2026 +12.2%. Returns of iShares Smart City Infrastructure UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +12.2%; to 30/09/2025: +13.9%; to 30/09/2024: +15.4%; to 30/09/2023: +4.2%; to 30/09/2022: −8.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -13.9% | -21.2% | Price |
| 2023 | +11.9% | +7.5% | Price |
| 2024 | +11.8% | +8.0% | Price |
| 2025 | +9.4% | +5.7% | Price |
| 2026 to 13/11/2026 | +12.2% | +8.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 13.87% | -8.44% |
| 3 years | 13.89% | -16.31% |
| 5 years | 14.89% | -21.26% |

## Largest fall

Volatility of iShares Smart City Infrastructure UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 13.9% over 1 year, 13.9% over 3 years, 14.9% over 5 years. Largest fall in the price of iShares Smart City Infrastructure UCITS ETF USD since November 2021, in pounds: −20.9% from 19/11/2021 to 17/06/2022. The lowest 12-month return of iShares Smart City Infrastructure UCITS ETF USD in pounds (price only, income paid out not included) since February 2021 was −13.9% (12 months to 30/12/2022); the highest was +34.7% (12 months to 17/04/2026). On 13/11/2026 the price of iShares Smart City Infrastructure UCITS ETF USD was 4.3% below its highest weekly close since November 2021 (29/05/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Smart City Infrastructure UCITS ETF USD 0.40% a year. Compared on 14/11/2026, 25 of the 45 other property and infrastructure funds charge more, 9 the same and 11 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** 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, CT2B holds 154 positions, according to its published holdings. The largest is Tyler Technologies at 2.00% of the fund; the ten largest make up 18.1%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Tyler Technologies | [TYL](https://fundology.uk/stock/TYL) | 2.00% |
| 2 | Veralto | [VLTO](https://fundology.uk/stock/VLTO) | 1.99% |
| 3 | Cgi · Class A | [GIB.A](https://fundology.uk/stock/GIB.A) | 1.82% |
| 4 | Motorola Solutions | [MSI](https://fundology.uk/stock/MSI) | 1.82% |
| 5 | GFL Environmental | [GFL](https://fundology.uk/stock/TSX:GFL) | 1.80% |
| 6 | Palantir Technologies · Class A | [PLTR](https://fundology.uk/stock/PLTR) | 1.78% |
| 7 | Palo Alto Networks | [PANW](https://fundology.uk/stock/PANW) | 1.77% |
| 8 | Waste Connections | [WCN](https://fundology.uk/stock/WCN) | 1.76% |
| 9 | Republic Services | [RSG](https://fundology.uk/stock/RSG) | 1.72% |
| 10 | Emerson Electric | [EMR](https://fundology.uk/stock/EMR) | 1.68% |

## 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 |
|---|---|
| Industrials | 56.5% |
| Information Technology | 31.6% |
| Real Estate | 4.2% |
| Communication Services | 3.5% |
| Materials | 2.9% |
| Consumer Discretionary | 0.8% |
| Cash and derivatives | 0.4% |
| Utilities | 0.1% |
| Other sectors | 0.1% |

### By country

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

| Country | Weight |
|---|---|
| United States | 53.8% |
| Japan | 9.8% |
| Canada | 7.8% |
| Sweden | 5.2% |
| United Kingdom | 4.3% |
| France | 2.7% |
| Switzerland | 2.5% |
| Ireland | 1.6% |
| Other countries | 12.3% |

### 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 165 holdings: https://fundology.uk/fund/ct2b/holdings

## Questions people ask

**What is the ongoing charge of CT2B?**

The ongoing charge of CT2B is 0.40% a year — about £40 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 Smart City Infrastructure UCITS ETF USD 0.40% a year. Compared on 14/11/2026, 25 of the 45 other property and infrastructure funds charge more, 9 the same and 11 less (share classes counted once).

**What does CT2B track?**

CT2B tracks the STOXX Global Smart City Infrastructure.

**Is CT2B accumulating or distributing?**

CT2B is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of CT2B?**

The ISIN of CT2B is IE00BKTLJB70. An ISIN identifies one exact share class of a fund; CT2B is its ticker on the London Stock Exchange. The same share class is also listed as AYEV (Xetra, euros).

**What does CT2B hold?**

As of 06/11/2026, CT2B holds 154 positions, according to its published holdings. The largest is Tyler Technologies at 2.00% of the fund; the ten largest make up 18.1%. Its ten largest holdings are Tyler Technologies (2.00%), Veralto (1.99%), Cgi · Class A (1.82%), Motorola Solutions (1.82%), GFL Environmental (1.80%), Palantir Technologies · Class A (1.78%), Palo Alto Networks (1.77%), Waste Connections (1.76%), Republic Services (1.72%) and Emerson Electric (1.68%).

**What were CT2B’s returns in each of the last five years?**

Calendar-year returns of CT2B in pounds (price only, income paid out not included): 2022 −13.9%, 2023 +11.9%, 2024 +11.8%, 2025 +9.4%; 2026 to 13/11/2026 +12.2%. Past performance is not a guide to future returns.

**How has CT2B done after inflation?**

Over the five years to 13/11/2026 CT2B’s total return was +26.5%, or −1.3% 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/310713/ishares-smart-city-infrastructure-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-smart-city-infrastructure-ucits-etf-usd-dist-gb-ie00bktljb70-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ct2b-ishares-smart-city-infrastructure-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.