ETF · iShares
ESIF iShares MSCIEurope Financials Sector UCITS ETF AccumEUR
ISIN IE00BMW42306London Stock Exchange: ESIFBlackRock, Inc.
- Single sectors
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£14.24
on
- Ongoing charge
- 0.18% a year
- Fund size
- £553m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, ESIF (iShares MSCIEurope Financials Sector UCITS ETF AccumEUR, ISIN IE00BMW42306) closed at £14.24 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 13/11/2026 its price changed by +148.1%, or +93.7% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +18.0%
- +13.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +125.2%
- +103.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +148.1%
- +93.7% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £2,481 on 13/11/2026 — about £1,937 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK 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 MSCIEurope Financials Sector UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund): 2022 +3.6%, 2023 +18.8%, 2024 +20.4%, 2025 +54.5%; 2026 to 13/11/2026 +11.8%. Returns of iShares MSCIEurope Financials Sector UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +23.5%; to 30/09/2025: +44.0%; to 30/09/2024: +26.8%; to 30/09/2023: +28.6%; to 30/09/2022: −6.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +11.8% | +8.3% | |
| to | +54.5% | +49.2% | |
| to | +20.4% | +16.3% | |
| +18.8% | +14.1% | ||
| +3.6% | −5.2% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +23.5% | +19.1% |
| from | +44.0% | +38.4% |
| from | +26.8% | +23.5% |
| from | +28.6% | +20.9% |
| from | −6.8% | −14.3% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
18.7%over 5 years
| 1 year | 18.9% |
|---|---|
| 3 years | 16.3% |
| 5 years | 18.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −20.4%
- From to
- Lowest 12-month return
- −10.2%
- 12 months to
- Highest 12-month return
- +56.2%
- 12 months to
- Below its highest weekly close since November 2021
- 5.5%
- High of , latest
In words: Volatility of iShares MSCIEurope Financials Sector UCITS ETF AccumEUR in pounds, annualised from weekly returns to 13/11/2026: 18.9% over 1 year, 16.3% over 3 years, 18.7% over 5 years. Largest fall in the price of iShares MSCIEurope Financials Sector UCITS ETF AccumEUR since November 2021, in pounds: −20.4% from 11/02/2022 to 04/03/2022. The lowest 12-month return of iShares MSCIEurope Financials Sector UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) since January 2021 was −10.2% (12 months to 14/10/2022); the highest was +56.2% (12 months to 19/12/2025). On 13/11/2026 the price of iShares MSCIEurope Financials Sector UCITS ETF AccumEUR was 5.5% below its highest weekly close since November 2021 (04/09/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.18%
- a year
- On £10,000
- £18
- a year, roughly
- Over five years
- £90
- of £10,000, before growth
- 32 charge less
- 17 the same
- 115 charge more
Ongoing charge of iShares MSCIEurope Financials Sector UCITS ETF AccumEUR 0.18% a year. Compared on 14/11/2026, 115 of the 164 other single-sector funds charge more, 17 the same and 32 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MSCIEurope Financials Sector UCITS ETF AccumEUR is an exchange-traded fund (ETF) from iShares, launched in 2020.
It tracks the MSCI Europe Financials 20/35 Capped Index - EUR - Benchmark TR Net — large and medium-sized European companies.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.18% a year — about £18 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.
Single sectors: Funds focused on one industry — banks, energy, defence, mining and so on.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- ESIF
- ISIN
- IE00BMW42306
- Provider
- iShares
- Tracks
- MSCI Europe Financials 20/35 Capped Index
- 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
- 0.18% a year · about £18 on £10,000
- Fund size
- £553m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Single sectors
Price chart
Over the last year, the closing price went from £11.96 on 14/11/2025 to £14.24 on 13/11/2026 (+19.0%). The lowest close shown was £11.52 on 20/03/2026 and the highest £15.06 on 04/09/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with 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
What it holds
- Holdings
- 90
- on record
- Ten largest
- 43.4%
- of the whole fund
- Effective number of holdings
- 35
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.8%
- HSBC
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | HSBCHSBAFinancials | 8.82% |
| 2 | AllianzALVFinancials | 5.63% |
| 3 | Banco SantanderSANFinancials | 5.01% |
| 4 | UBS GroupUBSGFinancials | 4.42% |
| 5 | Banco Bilbao Vizcaya ArgentariaBBVAFinancials | 4.16% |
| 6 | UniCreditUCGFinancials | 3.42% |
| 7 | Zurich Insurance GroupZURNFinancials | 3.34% |
| 8 | BNP ParibasBNPFinancials | 2.99% |
| 9 | Intesa SanpaoloFinancials | 2.87% |
| 10 | ING GroepINGAFinancials | 2.71% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Financials99.1%
- Cash and derivatives0.9%
By country
- United Kingdom22.7%
- Germany13.3%
- Switzerland12.1%
- Spain11.5%
- Italy10.6%
- France7.7%
- Netherlands6.0%
- Sweden5.7%
- Other countries10.4%
By type of asset
- Equity99.1%
- Cash and money market0.9%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 90 largest and what changed since .
More of the portfolio
The fund publishes 83 holdings; the ten largest make up 43.4% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
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 254 rolling 12-month returns since January 2021, and of 150 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 November 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 MSCI Europe UCITS ETF EUR (Acc), over the three years to 13/11/2026 (129 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 ESIF?
The ongoing charge of ESIF is 0.18% a year — about £18 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 MSCIEurope Financials Sector UCITS ETF AccumEUR 0.18% a year. Compared on 14/11/2026, 115 of the 164 other single-sector funds charge more, 17 the same and 32 less (share classes counted once).
What does ESIF track?
ESIF tracks the MSCI Europe Financials 20/35 Capped Index - EUR - Benchmark TR Net — large and medium-sized European companies.
Is ESIF accumulating or distributing?
ESIF 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 ESIF?
The ISIN of ESIF is IE00BMW42306. An ISIN identifies one exact share class of a fund; ESIF is its ticker on the London Stock Exchange.
What does ESIF hold?
As of 06/11/2026, ESIF holds 83 positions, according to its published holdings. The largest is HSBC at 8.82% of the fund; the ten largest make up 43.4%. Its ten largest holdings are HSBC (8.82%), Allianz (5.63%), Banco Santander (5.01%), UBS Group (4.42%), Banco Bilbao Vizcaya Argentaria (4.16%), UniCredit (3.42%), Zurich Insurance Group (3.34%), BNP Paribas (2.99%), Intesa Sanpaolo (2.87%) and ING Groep (2.71%).
What were ESIF’s returns in each of the last five years?
Calendar-year returns of ESIF in pounds (price, with income reinvested in the fund): 2022 +3.6%, 2023 +18.8%, 2024 +20.4%, 2025 +54.5%; 2026 to 13/11/2026 +11.8%. Past performance is not a guide to future returns.
How has ESIF done after inflation?
Over the five years to 13/11/2026 ESIF’s price changed by +148.1%, or +93.7% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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