# iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD (EEWG)

**Page:** https://fundology.uk/fund/eewg · ISIN IE00BG11HV38

## 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, EEWG (iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD, ISIN IE00BG11HV38) closed at £8.57 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was +55.9%, or +21.7% after UK CPIH inflation.

## Summary

iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the MSCI World ESG Enhanced CTB Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 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: **£8.57** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | EEWG |
| ISIN | IE00BG11HV38 |
| Also listed as | EEWD (London Stock Exchange, US dollars), EMND (Xetra, euros) |
| Category | Global shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI World ESG Enhanced CTB Index |
| Income | Distributing |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £575m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/03/2019 |

## 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 | +10.60% | +6.68% | income reinvested |
| 3 years | +58.38% | +43.09% | income reinvested |
| 5 years | +55.91% | +21.70% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD in pounds (price only, income paid out not included): 2022 −12.2%, 2023 +14.5%, 2024 +19.5%, 2025 +8.2%; 2026 to 13/11/2026 +10.8%. Returns of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +14.1%; to 30/09/2025: +14.2%; to 30/09/2024: +18.3%; to 30/09/2023: +6.6%; to 30/09/2022: −4.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -12.2% | -19.7% | Price |
| 2023 | +14.5% | +9.9% | Price |
| 2024 | +19.5% | +15.4% | Price |
| 2025 | +8.2% | +4.5% | Price |
| 2026 to 13/11/2026 | +10.8% | +7.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 11.15% | -6.88% |
| 3 years | 11.73% | -16.05% |
| 5 years | 12.84% | -17.50% |

## Largest fall

Volatility of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD in pounds, annualised from weekly returns to 13/11/2026: 11.1% over 1 year, 11.7% over 3 years, 12.8% over 5 years. Largest fall in the price of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD since November 2021, in pounds: −17.5% from 10/12/2021 to 17/06/2022. The lowest 12-month return of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD in pounds (price only, income paid out not included) since January 2021 was −12.3% (12 months to 16/12/2022); the highest was +29.0% (12 months to 17/04/2026). On 13/11/2026 the price of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD was 1.9% below its highest weekly close since November 2021 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD 0.20% a year. Compared on 14/11/2026, 135 of the 207 other global share funds charge more, 17 the same and 55 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI World ESG Enhanced CTB Index, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.20% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Accum Shs Unhedged USD | 0.20% | +10.6% | +58.4% | +55.9% |
| iShares IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD (this fund) | 0.20% | +10.6% | +58.4% | +55.9% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** 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, EEWG holds 1,081 positions, according to its published holdings. The largest is Apple at 5.87% of the fund; the ten largest make up 27.8%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.87% |
| 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 4.94% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 4.31% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 2.96% |
| 5 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 2.89% |
| 6 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 1.57% |
| 7 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 1.55% |
| 8 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.29% |
| 9 | Johnson & Johnson | [JNJ](https://fundology.uk/stock/JNJ) | 1.21% |
| 10 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.20% |

## 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 |
|---|---|
| Information Technology | 28.4% |
| Financials | 17.4% |
| Health Care | 10.7% |
| Industrials | 10.5% |
| Consumer Discretionary | 9.0% |
| Communication Services | 7.5% |
| Consumer Staples | 4.5% |
| Energy | 3.9% |
| Other sectors | 8.0% |

### By country

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

| Country | Weight |
|---|---|
| United States | 72.3% |
| Japan | 5.5% |
| Canada | 3.7% |
| United Kingdom | 2.9% |
| France | 2.4% |
| Switzerland | 2.3% |
| Germany | 1.9% |
| Australia | 1.6% |
| Other countries | 7.3% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.7% |
| Cash and money market | 0.3% |

The 878 holdings on record (of 1,081 reported): https://fundology.uk/fund/eewg/holdings

## Questions people ask

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

The ongoing charge of EEWG is 0.20% a year — about £20 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 IV PLC - iShares MSCI World CTB Enhanced ESG UCITS ETF Unhedged USD 0.20% a year. Compared on 14/11/2026, 135 of the 207 other global share funds charge more, 17 the same and 55 less (share classes counted once).

**What does EEWG track?**

EEWG tracks the MSCI World ESG Enhanced CTB Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is EEWG accumulating or distributing?**

EEWG 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 EEWG?**

The ISIN of EEWG is IE00BG11HV38. An ISIN identifies one exact share class of a fund; EEWG is its ticker on the London Stock Exchange. The same share class is also listed as EEWD (London Stock Exchange, US dollars) and EMND (Xetra, euros).

**What does EEWG hold?**

As of 06/11/2026, EEWG holds 1,081 positions, according to its published holdings. The largest is Apple at 5.87% of the fund; the ten largest make up 27.8%. Its ten largest holdings are Apple (5.87%), NVIDIA (4.94%), Microsoft (4.31%), Amazon (2.96%), Alphabet · Class C (2.89%), Meta Platforms · Class A (1.57%), Broadcom (1.55%), Tesla (1.29%), Johnson & Johnson (1.21%) and Eli Lilly (1.20%).

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

Calendar-year returns of EEWG in pounds (price only, income paid out not included): 2022 −12.2%, 2023 +14.5%, 2024 +19.5%, 2025 +8.2%; 2026 to 13/11/2026 +10.8%. Past performance is not a guide to future returns.

**How has EEWG done after inflation?**

Over the five years to 13/11/2026 EEWG’s total return was +55.9%, or +21.7% 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/307558/ishares-msci-world-ctb-enhanced-esg-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-world-ctb-enhanced-esg-ucits-etf-usd-dist-gb-ie00bg11hv38-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/eewd-ishares-msci-world-ctb-enhanced-esg-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.