# iShares MSCI USA UCITS ETF (CU1)

**Source:** https://fundology.uk/fund/cu1 · ISIN IE00B52SFT06 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (iShares), 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 01/10/2026, CU1 (iShares MSCI USA UCITS ETF, ISIN IE00B52SFT06) closed at £599.95 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 01/10/2026 its total return was +84.4%, or +44.2% after UK CPIH inflation.

## Summary

iShares MSCI USA UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2010. It tracks the MSCI USA. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.07% a year — about £7 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: **£599.95** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CU1 |
| ISIN | IE00B52SFT06 |
| Category | US shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI USA |
| Income | Accumulating |
| Ongoing charge | 0.07% a year (£7 per £10,000) |
| Fund size | £2.9bn |
| Launched | 2010 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

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 | +16.71% | +13.04% | income reinvested |
| 3 years | +68.01% | +51.60% | income reinvested |
| 5 years | +84.41% | +44.16% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares MSCI USA UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −10.6%, 2023 +20.7%, 2024 +27.5%, 2025 +9.0%; 2026 to 01/10/2026 +13.6%. Returns of iShares MSCI USA UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +18.4%; to 30/09/2025: +16.9%; to 30/09/2024: +22.6%; to 30/09/2023: +9.1%; to 30/09/2022: +0.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -10.6% | -18.2% | Price |
| 2023 | +20.7% | +15.9% | Price |
| 2024 | +27.5% | +23.2% | Price |
| 2025 | +9.0% | +5.2% | Price |
| 2026 to 01/10/2026 | +13.6% | +10.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.02% | -7.35% |
| 3 years | 13.05% | -19.20% |
| 5 years | 13.72% | -19.20% |

## Largest fall

Volatility of iShares MSCI USA UCITS ETF in pounds, annualised from weekly returns to 01/10/2026: 12.0% over 1 year, 13.0% over 3 years, 13.7% over 5 years. Largest fall in the price of iShares MSCI USA UCITS ETF since October 2021, in pounds: −19.2% from 17/01/2025 to 18/04/2025. The lowest 12-month return of iShares MSCI USA UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −10.6% (12 months to 30/12/2022); the highest was +34.0% (12 months to 22/11/2024). On 01/10/2026 the price of iShares MSCI USA UCITS ETF was 0.9% below its highest weekly close since October 2021 (25/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI USA UCITS ETF 0.07% a year, as of 02/10/2026: 163 of the 208 other US share funds charge more, 16 the same and 29 less (share classes counted once).

## Funds tracking the same index

18 funds track MSCI USA, this one included and share classes counted once; their ongoing charges range from 0.03% to 0.30% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI USA UCITS ETF USD | 0.03% | +16.8% | — | — |
| Amundi Index Solutions SICAV - Amundi Core MSCI USA Swap Capitalisation -UCITS ETF A- | 0.05% | — | — | — |
| BNP PARIBAS EASY I MSCI USA UCITS ETF AccumCAP USD | — | — | — | — |
| Deka MSCI USA UCITS ETF | 0.30% | +16.4% | +65.8% | +81.6% |
| Invesco MSCI USA UCITS ETF Acc | 0.05% | +17.3% | +71.4% | +88.2% |
| Invesco MSCI USA UCITS ETF USD | 0.05% | +17.2% | +71.2% | +88.0% |
| iShares MSCI USA Swap UCITS ETF AccumUSD | 0.07% | +16.8% | +24.9% | — |
| iShares MSCI USA Swap UCITS ETF Hedged GBP | 0.05% | +12.0% | — | — |
| iShares MSCI USA UCITS ETF (this fund) | 0.07% | +16.7% | +68.0% | +84.4% |
| UBS (Irl) Fund Solutions PLC - UBS MSCI USA SF UCITS ETF Accum Shs USD | 0.15% | +18.0% | +66.2% | +83.0% |
| UBS Core MSCI USA UCITS ETF Accum -A- USD | 0.06% | +17.2% | — | +86.6% |
| UBS Core MSCI USA UCITS ETF Class -A- USD | 0.06% | +17.6% | +70.5% | +87.3% |
| UBS ETF SICAV - UBS ETF - MSCI USA UCITS ETF A Distribution | 0.14% | +16.9% | +69.4% | +84.4% |
| Xtrackers (IE) plc - Xtrackers MSCI USA Swap II UCITS ETF Accum-1C- USD | 0.04% | — | — | — |
| Xtrackers MSCI USA Swap II UCITS ETF -1D- USD | 0.04% | — | — | — |
| Xtrackers MSCI USA Swap UCITS ETF | 0.07% | +17.6% | +25.5% | — |
| Xtrackers MSCI USA SWAP UCITS ETF Capitalisation 1C | 0.15% | +16.7% | +68.3% | +85.5% |
| Xtrackers MSCI USA UCITS ETF | 0.07% | +16.7% | +68.0% | +84.7% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.07%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 30/09/2026, CU1 holds 514 positions, according to the holdings iShares publishes. The largest is NVIDIA at 7.94% of the fund; the ten largest make up 38.1%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 7.94% |
| 2 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 7.40% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 5.48% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.65% |
| 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 3.05% |
| 6 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 2.41% |
| 7 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 2.41% |
| 8 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.40% |
| 9 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.82% |
| 10 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.54% |

Source: iShares, holdings as published, as of 30/09/2026.

## 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 30/09/2026.

| Sector | Weight |
|---|---|
| Information Technology | 39.4% |
| Financials | 11.2% |
| Communication Services | 10.0% |
| Health Care | 9.3% |
| Consumer Discretionary | 8.7% |
| Industrials | 8.2% |
| Consumer Staples | 4.3% |
| Energy | 3.5% |
| Other sectors | 5.4% |

### By type of asset

Added up from the holdings iShares publishes, as of 30/09/2026.

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

All 516 holdings: https://fundology.uk/fund/cu1/holdings

## Questions people ask

**What is the ongoing charge of CU1?**

The ongoing charge of CU1 is 0.07% a year — about £7 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 USA UCITS ETF 0.07% a year, as of 02/10/2026: 163 of the 208 other US share funds charge more, 16 the same and 29 less (share classes counted once).

**What does CU1 track?**

CU1 tracks the MSCI USA.

**Is CU1 accumulating or distributing?**

CU1 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 CU1?**

The ISIN of CU1 is IE00B52SFT06. An ISIN identifies one exact share class of a fund; CU1 is its ticker on the London Stock Exchange.

**What does CU1 hold?**

As of 30/09/2026, CU1 holds 514 positions, according to the holdings iShares publishes. The largest is NVIDIA at 7.94% of the fund; the ten largest make up 38.1%. Its ten largest holdings are NVIDIA (7.94%), Apple (7.40%), Microsoft (5.48%), Amazon (3.65%), Alphabet · Class A (3.05%), Alphabet · Class C (2.41%), Meta Platforms · Class A (2.41%), Broadcom (2.40%), Micron Technology (1.82%) and Tesla (1.54%).

**What were CU1’s returns in each of the last five years?**

Calendar-year returns of CU1 in pounds (price, with income reinvested in the fund): 2022 −10.6%, 2023 +20.7%, 2024 +27.5%, 2025 +9.0%; 2026 to 01/10/2026 +13.6%. Past performance is not a guide to future returns.

**How has CU1 done after inflation?**

Over the five years to 01/10/2026 CU1’s total return was +84.4%, or +44.2% after UK CPIH inflation. Past performance is not a guide to future returns.

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

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