# iShares Edge MSCI EM Value Factor UCITS ETF (EMVL)

**Page:** https://fundology.uk/fund/emvl · ISIN IE00BG0SKF03

## 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, EMVL (iShares Edge MSCI EM Value Factor UCITS ETF, ISIN IE00BG0SKF03) closed at $91.31 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was +114.6%, or +67.5% after UK CPIH inflation.

## Summary

iShares Edge MSCI EM Value Factor UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the MSCI EM Select Value Factor Focus — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 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: **$91.31** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | EMVL |
| ISIN | IE00BG0SKF03 |
| Also listed as | 5MVL (Xetra, euros) |
| Category | Emerging markets |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI EM Select Value Factor Focus |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £1.2bn |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/12/2018 |

## 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 | +29.95% | +25.34% | income reinvested |
| 3 years | +116.11% | +95.25% | income reinvested |
| 5 years | +114.64% | +67.54% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Edge MSCI EM Value Factor UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −6.2%, 2023 +12.0%, 2024 +16.9%, 2025 +35.4%; 2026 to 13/11/2026 +26.7%. Returns of iShares Edge MSCI EM Value Factor UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +56.3%; to 30/09/2025: +23.0%; to 30/09/2024: +21.8%; to 30/09/2023: +12.5%; to 30/09/2022: −9.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -6.2% | -14.1% | Price |
| 2023 | +12.0% | +7.5% | Price |
| 2024 | +16.9% | +12.9% | Price |
| 2025 | +35.4% | +30.8% | Price |
| 2026 to 13/11/2026 | +26.7% | +22.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 22.33% | -14.30% |
| 3 years | 17.31% | -14.30% |
| 5 years | 16.36% | -17.96% |

## Largest fall

Volatility of iShares Edge MSCI EM Value Factor UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 22.3% over 1 year, 17.3% over 3 years, 16.4% over 5 years. Largest fall in the price of iShares Edge MSCI EM Value Factor UCITS ETF since November 2021, in pounds: −18.0% from 11/02/2022 to 28/10/2022. The lowest 12-month return of iShares Edge MSCI EM Value Factor UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −12.4% (12 months to 24/06/2022); the highest was +90.6% (12 months to 29/05/2026). On 13/11/2026 the price of iShares Edge MSCI EM Value Factor UCITS ETF was 12.2% below its highest weekly close since November 2021 (19/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Edge MSCI EM Value Factor UCITS ETF 0.40% a year. Compared on 14/11/2026, 70 of the 151 other emerging-market share funds charge more, 6 the same and 75 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year
- 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, EMVL holds 151 positions, according to its published holdings. The largest is TSMC at 12.69% of the fund; the ten largest make up 45.6%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 12.69% |
| 2 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 7.58% |
| 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 5.76% |
| 4 | China Construction Bank | [601939](https://fundology.uk/stock/601939) | 3.58% |
| 5 | Industrial and Commercial Bank of China | [601398](https://fundology.uk/stock/601398) | 3.06% |
| 6 | Bank of China | [601988](https://fundology.uk/stock/601988) | 2.96% |
| 7 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 2.80% |
| 8 | Hon Hai Precision Industry | [2317](https://fundology.uk/stock/2317) | 2.67% |
| 9 | Petroleo Brasileiro | [PETR3](https://fundology.uk/stock/PETR3) | 2.27% |
| 10 | Petroleo Brasileiro | [PETR3](https://fundology.uk/stock/PETR3) | 2.26% |

## 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 |
|---|---|
| Semiconductors | 19.9% |
| Diversified Banks | 18.4% |
| Technology Hardware, Storage & Peripherals | 15.9% |
| Integrated Oil & Gas | 6.9% |
| Steel | 3.2% |
| Electronic Manufacturing Services | 3.2% |
| Electronic Components | 2.9% |
| Automobile Manufacturers | 2.8% |
| Other sectors | 26.8% |

### By country

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

| Country | Weight |
|---|---|
| China | 30.0% |
| Taiwan | 23.6% |
| South Korea | 21.1% |
| Brazil | 8.3% |
| India | 6.6% |
| South Africa | 2.3% |
| United Arab Emirates | 2.2% |
| Poland | 1.4% |
| Other countries | 4.4% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.2% |
| Cash and money market | 0.8% |

All 156 holdings: https://fundology.uk/fund/emvl/holdings

## Questions people ask

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

The ongoing charge of EMVL is 0.40% a year — about £40 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 Edge MSCI EM Value Factor UCITS ETF 0.40% a year. Compared on 14/11/2026, 70 of the 151 other emerging-market share funds charge more, 6 the same and 75 less (share classes counted once).

**What does EMVL track?**

EMVL tracks the MSCI EM Select Value Factor Focus — companies in emerging economies such as China, India, Taiwan and Brazil.

**Is EMVL accumulating or distributing?**

EMVL 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 EMVL?**

The ISIN of EMVL is IE00BG0SKF03. An ISIN identifies one exact share class of a fund; EMVL is its ticker on the London Stock Exchange. The same share class is also listed as 5MVL (Xetra, euros).

**What does EMVL hold?**

As of 06/11/2026, EMVL holds 151 positions, according to its published holdings. The largest is TSMC at 12.69% of the fund; the ten largest make up 45.6%. Its ten largest holdings are TSMC (12.69%), Samsung Electronics (7.58%), SK hynix (5.76%), China Construction Bank (3.58%), Industrial and Commercial Bank of China (3.06%), Bank of China (2.96%), Samsung Electronics (2.80%), Hon Hai Precision Industry (2.67%), Petroleo Brasileiro (2.27%) and Petroleo Brasileiro (2.26%).

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

Calendar-year returns of EMVL in pounds (price, with income reinvested in the fund): 2022 −6.2%, 2023 +12.0%, 2024 +16.9%, 2025 +35.4%; 2026 to 13/11/2026 +26.7%. Past performance is not a guide to future returns.

**How has EMVL done after inflation?**

Over the five years to 13/11/2026 EMVL’s total return was +114.6%, or +67.5% 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/297452/ishares-edge-msci-em-value-factor-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-edge-msci-em-value-factor-ucits-etf-usd-acc-gb-ie00bg0skf03-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/emvl-ishares-edge-msci-em-value-factor-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.