ETF · iShares
CUKS iShares MSCI UK Small Cap UCITS ETF
ISIN IE00B3VWLG82London Stock Exchange: CUKSBlackRock, Inc.
- Smaller companies
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£285.98
on
- Ongoing charge
- 0.50% a year
- Fund size
- £75.0m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, CUKS (iShares MSCI UK Small Cap UCITS ETF, ISIN IE00B3VWLG82) closed at £285.98 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 30/09/2026 its total return was +11.4%, or −12.9% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +12.4%
- +8.9% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +43.0%
- +29.0% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +11.4%
- −12.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,114 on 30/09/2026 — about £871 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares MSCI UK Small Cap UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −22.8%, 2023 +9.8%, 2024 +5.2%, 2025 +14.9%; 2026 to 30/09/2026 +9.1%. Returns of iShares MSCI UK Small Cap UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +14.0%; to 30/09/2025: +4.4%; to 30/09/2024: +20.3%; to 30/09/2023: +11.5%; to 30/09/2022: −31.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +9.1% | +6.0% | |
| +14.9% | +10.9% | ||
| +5.2% | +1.6% | ||
| +9.8% | +5.4% | ||
| −22.8% | −29.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +14.0% | Not available |
| from | +4.4% | +0.3% |
| from | +20.3% | +17.2% |
| from | +11.5% | +4.8% |
| from | −31.3% | −36.8% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
16.3%over 5 years
| 1 year | 15.1% |
|---|---|
| 3 years | 14.7% |
| 5 years | 16.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −30.7%
- From to
- Lowest 12-month return
- −29.6%
- 12 months to
- Highest 12-month return
- +28.8%
- 12 months to
- Below its highest weekly close since October 2021
- 2.9%
- High of , latest
In words: Volatility of iShares MSCI UK Small Cap UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 15.1% over 1 year, 14.7% over 3 years, 16.3% over 5 years. Largest fall in the price of iShares MSCI UK Small Cap UCITS ETF since October 2021, in pounds: −30.7% from 05/11/2021 to 14/10/2022. The lowest 12-month return of iShares MSCI UK Small Cap UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −29.6% (12 months to 14/10/2022); the highest was +28.8% (12 months to 18/10/2024). On 30/09/2026 the price of iShares MSCI UK Small Cap UCITS ETF was 2.9% below its highest weekly close since October 2021 (28/08/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.50%
- a year
- On £10,000
- £50
- a year, roughly
- Over five years
- £248
- of £10,000, before growth
- 26 charge less
- 0 the same
- 6 charge more
Ongoing charge of iShares MSCI UK Small Cap UCITS ETF 0.50% a year, as of 01/10/2026: 6 of the 32 other smaller-company funds charge more, 0 the same and 26 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MSCI UK Small Cap UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2009.
It tracks the MSCI United Kingdom Small Cap.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.5% a year — about £50 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.
Smaller companies: Smaller firms, which can grow faster than large ones but whose prices usually swing more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- CUKS
- ISIN
- IE00B3VWLG82
- Provider
- iShares
- Tracks
- MSCI United Kingdom Small Cap
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.50% a year · about £50 on £10,000
- Fund size
- £75.0m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Smaller companies
Price chart
Since 31/07/2026, the closing price went from £282.32 on 31/07/2026 to £285.98 on 30/09/2026 (+1.3%). The lowest close shown was £279.85 on 10/09/2026 and the highest £294.55 on 28/08/2026.
Chart: closing prices we have recorded since 31/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core FTSE 100 UCITS ETF GBP (Acc), over the three years to 30/09/2026 (153 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of CUKS?
The ongoing charge of CUKS is 0.50% a year — about £50 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 UK Small Cap UCITS ETF 0.50% a year, as of 01/10/2026: 6 of the 32 other smaller-company funds charge more, 0 the same and 26 less (share classes counted once).
What does CUKS track?
CUKS tracks the MSCI United Kingdom Small Cap.
Is CUKS accumulating or distributing?
CUKS 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 CUKS?
The ISIN of CUKS is IE00B3VWLG82. An ISIN identifies one exact share class of a fund; CUKS is its ticker on the London Stock Exchange.
What were CUKS’s returns in each of the last five years?
Calendar-year returns of CUKS in pounds (price, with income reinvested in the fund): 2022 −22.8%, 2023 +9.8%, 2024 +5.2%, 2025 +14.9%; 2026 to 30/09/2026 +9.1%. Past performance is not a guide to future returns.
How has CUKS done after inflation?
Over the five years to 30/09/2026 CUKS’s total return was +11.4%, or −12.9% after UK CPIH inflation. Past performance is not a guide to future returns.
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- WOSCState Street SPDR MSCI World Small Cap UCITS ETF0.47% a year · £1.1bn
- AVSGAvantis Global Small Cap Value UCITS ETF AccumUSD0.39% a year · £858m
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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