# iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR (ESIH)

**Source:** https://fundology.uk/fund/esih · ISIN IE00BMW42181 · 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, ESIH (iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR, ISIN IE00BMW42181) closed at £5.96 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 30/09/2026 its total return was +10.2%, or −13.8% after UK CPIH inflation.

## Summary

iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR is an exchange-traded fund (ETF) from iShares, launched in 2020. It tracks the MSCI Europe Health Care 20/35 Capped Index - EUR — 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.

Latest close: **£5.96** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ESIH |
| ISIN | IE00BMW42181 |
| Category | Healthcare |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Europe Health Care 20/35 Capped Index - EUR |
| Income | Accumulating |
| Ongoing charge | 0.18% a year (£18 per £10,000) |
| Fund size | £555m |
| Launched | 2020 |
| 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 | +8.79% | +5.37% | income reinvested |
| 3 years | +8.72% | -1.89% | income reinvested |
| 5 years | +10.20% | -13.85% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund): 2022 +1.6%, 2023 +5.4%, 2024 −0.5%, 2025 +13.4%; 2026 to 30/09/2026 −4.1%. Returns of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.8%; to 30/09/2025: −10.5%; to 30/09/2024: +10.7%; to 30/09/2023: +14.2%; to 30/09/2022: −0.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +1.6% | -7.0% | Price |
| 2023 | +5.4% | +1.2% | Price |
| 2024 | -0.5% | -3.9% | Price |
| 2025 | +13.4% | +9.5% | Price |
| 2026 to 30/09/2026 | -4.1% | -6.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 18.06% | -12.62% |
| 3 years | 17.13% | -21.48% |
| 5 years | 16.12% | -21.48% |

## Largest fall

Volatility of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR in pounds, annualised from weekly returns to 30/09/2026: 18.1% over 1 year, 17.1% over 3 years, 16.1% over 5 years. Largest fall in the price of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR since October 2021, in pounds: −21.5% from 30/08/2024 to 11/04/2025. The lowest 12-month return of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR in pounds (price, with income reinvested in the fund) since January 2021 was −17.1% (12 months to 08/08/2025); the highest was +26.4% (12 months to 08/04/2022). On 30/09/2026 the price of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR was 10.8% below its highest weekly close since October 2021 (20/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCIEurope Health Care Sector UCITS ETF AccumEUR 0.18% a year, as of 01/10/2026: 11 of the 17 other healthcare funds charge more, 2 the same and 4 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.18%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| Roche Ps Par | 16.80% |
| Novartis | 15.16% |
| AstraZeneca | 14.18% |
| Novo Nordisk · Class B | 7.02% |
| GSK | 5.67% |
| Sanofi | 5.06% |
| Argenx | 3.44% |
| Bayer | 3.11% |
| Lonza Group | 2.81% |
| EssilorLuxottica | 2.72% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by iShares, as of 29/09/2026.

| Sector | Weight |
|---|---|
| Health Care | 99.6% |
| Cash and derivatives | 0.4% |

### By country

As published by iShares, as of 29/09/2026.

| Country | Weight |
|---|---|
| Switzerland | 43.0% |
| United Kingdom | 22.7% |
| France | 9.6% |
| Denmark | 8.9% |
| Germany | 7.7% |
| Belgium | 5.3% |
| Netherlands | 1.1% |
| Cash and derivatives | 0.4% |
| Other countries | 1.3% |

### By type of asset

Added up from the holdings iShares publishes, as of 29/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.6% |
| Cash and money market | 0.4% |

All 44 holdings: https://fundology.uk/fund/esih/holdings

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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.