# iShares MSCI UK Small Cap UCITS ETF (CUKS)

**Source:** https://fundology.uk/fund/cuks · ISIN IE00B3VWLG82 · 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, 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.

## Summary

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.

Latest close: **£285.98** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CUKS |
| ISIN | IE00B3VWLG82 |
| Category | Smaller companies |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI United Kingdom Small Cap |
| Income | Accumulating |
| Ongoing charge | 0.50% a year (£50 per £10,000) |
| Fund size | £75.0m |
| Launched | 2009 |
| 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 | +12.38% | +8.85% | income reinvested |
| 3 years | +42.98% | +29.02% | income reinvested |
| 5 years | +11.40% | -12.91% | income reinvested |

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

## Calendar-year 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 CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -22.8% | -29.3% | Price |
| 2023 | +9.8% | +5.4% | Price |
| 2024 | +5.2% | +1.6% | Price |
| 2025 | +14.9% | +10.9% | Price |
| 2026 to 30/09/2026 | +9.1% | +6.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 15.13% | -11.99% |
| 3 years | 14.74% | -13.60% |
| 5 years | 16.33% | -30.73% |

## Largest fall

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.

## Charges compared with similar funds

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).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.50%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.