# iShares MSCI EM Swap UCITS ETF Accum- USD (ESWP)

**Page:** https://fundology.uk/fund/eswp · ISIN IE000S3N6R34

## 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, ESWP (iShares MSCI EM Swap UCITS ETF Accum- USD, ISIN IE000S3N6R34) closed at £3.78 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000).

## Summary

iShares VI PLC - iShares MSCI EM Swap UCITS ETF Accum- USD is an exchange-traded fund (ETF) from iShares, launched in 2026. It tracks the MSCI EM (Emerging Markets) — 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 0.14% a year — about £14 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: **£3.78** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ESWP |
| ISIN | IE000S3N6R34 |
| Also listed as | EPSW (Xetra, euros) |
| Category | Emerging markets |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI EM (Emerging Markets) |
| Income | Accumulating |
| Ongoing charge | 0.14% a year (£14 per £10,000) |
| Fund size | £192m |
| Launched | 2026 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 23/02/2026 |

## Charges compared with similar funds

Ongoing charge of iShares VI PLC - iShares MSCI EM Swap UCITS ETF Accum- USD 0.14% a year. Compared on 14/11/2026, 143 of the 151 other emerging-market share funds charge more, 3 the same and 5 less (share classes counted once).

## Funds tracking the same index

20 funds track MSCI EM (Emerging Markets), this one included and share classes counted once; their ongoing charges range from 0.09% to 0.55% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Capitalisation | 0.18% | +11.8% | +59.0% | +37.7% |
| Amundi Core MSCI Emerging Markets -UCITS ETF DR- Distribution | 0.24% | +11.4% | +62.1% | +37.5% |
| Amundi MSCI Emerging Markets Swap -UCITS ETF USD C- Capitalisation | 0.20% | +13.7% | +63.6% | +40.6% |
| Amundi MSCI Emerging Markets Swap II UCITS ETF Act -USD Acc- | 0.55% | +11.5% | +61.8% | +35.6% |
| BNP PARIBAS EASY MSCI EMERGING Capitalisation -UCITS ETF- | 0.09% | — | — | — |
| HSBC MSCI Emerging Markets UCITS ETF | 0.15% | +13.7% | +62.6% | +39.9% |
| HSBC MSCI EMERGING MARKETS UCITS ETF AccumUSD | 0.15% | +13.7% | — | — |
| Invesco MSCI Emerging Markets UCITS ETF | 0.19% | +13.4% | +62.3% | +39.0% |
| iShares MSCI EM UCITS ETF USD (Acc) | 0.18% | +13.5% | +63.8% | +41.0% |
| iShares MSCI EM UCITS ETF USD (Dist) | 0.18% | +13.5% | +63.7% | +40.8% |
| iShares VI PLC - iShares MSCI EM Swap UCITS ETF Accum- USD (this fund) | 0.14% | — | — | — |
| Multi Units LU - Amundi MSCI Emerging Markets II | 0.14% | +13.7% | +64.1% | — |
| Multi Units LU - Amundi MSCI Emerging Markets II Acc | 0.14% | +14.3% | +64.2% | — |
| State Street SPDR MSCI Emerging Markets UCITS ETF Accum.Shs USD | 0.18% | +12.2% | +60.6% | +38.4% |
| UBS (Irl) Fund Solutions PLC - UBS MSCI EM SF UCITS ETF Accum Shs USD | 0.14% | +13.6% | +58.7% | +40.7% |
| UBS ETF SICAV - UBS ETF - MSCI Emerging Markets UCITS ETF A Distribution | 0.15% | +11.9% | +64.0% | +39.7% |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF | 0.12% | +14.2% | — | — |
| Xtrackers MSCI Emerging Markets Swap UCITS ETF Capitalisation 1C | 0.12% | +13.5% | +62.6% | +39.3% |
| Xtrackers MSCI Emerging Markets UCITS ETF | 0.18% | +13.5% | +63.6% | +40.3% |
| Xtrackers MSCI Emerging Markets UCITS ETF USD | 0.18% | +14.1% | +63.7% | — |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.14%** 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.

## Questions people ask

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

The ongoing charge of ESWP is 0.14% a year — about £14 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 VI PLC - iShares MSCI EM Swap UCITS ETF Accum- USD 0.14% a year. Compared on 14/11/2026, 143 of the 151 other emerging-market share funds charge more, 3 the same and 5 less (share classes counted once).

**What does ESWP track?**

ESWP tracks the MSCI EM (Emerging Markets) — companies in emerging economies such as China, India, Taiwan and Brazil.

**Is ESWP accumulating or distributing?**

ESWP 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 ESWP?**

The ISIN of ESWP is IE000S3N6R34. An ISIN identifies one exact share class of a fund; ESWP is its ticker on the London Stock Exchange. The same share class is also listed as EPSW (Xetra, euros).

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/345650/ishares-msci-em-swap-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-em-swap-ucits-etf-usd-acc-gb-ie000s3n6r34-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/eswp-ishares-msci-em-swap-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.
