# Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR (DFEU)

**Source:** https://fundology.uk/fund/dfeu · ISIN IE000IAXNM41 · 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, DFEU (Ishares Europe Defence Ucits ETF, ISIN IE000IAXNM41) closed at £4.46 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the year to 30/09/2026 its total return was +1.9%, or −1.3% after UK CPIH inflation.

## Summary

Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR is an exchange-traded fund (ETF) from iShares, launched in 2025. It tracks the STOXX Europe Targeted Defence Index - EUR - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.39% a year — about £39 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: **£4.46** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | DFEU |
| ISIN | IE000IAXNM41 |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | STOXX Europe Targeted Defence Index - EUR - Benchmark TR Gross |
| Income | Accumulating |
| Ongoing charge | 0.39% a year (£39 per £10,000) |
| Fund size | £227m |
| Launched | 2025 |
| 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 | +1.90% | -1.29% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR in pounds (price, with income reinvested in the fund): 2026 to 30/09/2026 +1.9%. Returns of Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −9.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 30/09/2026 | +1.9% | -0.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 35.50% | -18.81% |

## Largest fall

Volatility of Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR in pounds, annualised from weekly returns to 30/09/2026: 35.5% over 1 year. Largest fall in the price of Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR since July 2025, in pounds: −18.8% from 16/01/2026 to 26/06/2026. On 30/09/2026 the price of Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR was 14.6% below its highest weekly close since July 2025 (16/01/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Ishares V Plc - Ishares Europe Defence Ucits ETF Accum Shs EUR 0.39% a year, as of 01/10/2026: 58 of the 141 other single-sector funds charge more, 0 the same and 83 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.39%** 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.