# iShares Electric Vehicles & Driving Technology UCITS ETF (GCAR)

**Page:** https://fundology.uk/fund/gcar · ISIN IE00BGL86Z12

## 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, GCAR (iShares Electric Vehicles & Driving Technology UCITS ETF, ISIN IE00BGL86Z12) closed at £8.45 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 +38.9%, or +8.4% after UK CPIH inflation.

## Summary

iShares Electric Vehicles & Driving Technology UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the STOXX Global Electric Vehicles & Driving Technology USD Index - Discontinued as of 29-Jan-2021. 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: **£8.45** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GCAR |
| ISIN | IE00BGL86Z12 |
| Also listed as | ECAR (London Stock Exchange, US dollars), IEVD (Xetra, euros) |
| Category | Technology |
| Type | ETF |
| Provider | iShares |
| Tracks | STOXX Global Electric Vehicles & Driving Technology USD Index - Discontinued as of 29-Jan-2021 |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £410m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/02/2019 |

## 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 | +21.65% | +17.34% | income reinvested |
| 3 years | +61.94% | +46.31% | income reinvested |
| 5 years | +38.91% | +8.42% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Electric Vehicles & Driving Technology UCITS ETF in pounds (price, with income reinvested in the fund): 2025 +16.7%; 2026 to 13/11/2026 +19.5%. Returns of iShares Electric Vehicles & Driving Technology UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +35.2%; to 30/09/2025: +18.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +16.7% | +12.7% | Price |
| 2026 to 13/11/2026 | +19.5% | +15.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 28.42% | -26.59% |

## Largest fall

Volatility of iShares Electric Vehicles & Driving Technology UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 28.4% over 1 year. Largest fall in the price of iShares Electric Vehicles & Driving Technology UCITS ETF since January 2024, in pounds: −26.6% from 29/05/2026 to 06/11/2026. The lowest 12-month return of iShares Electric Vehicles & Driving Technology UCITS ETF in pounds (price, with income reinvested in the fund) since January 2024 was −20.1% (12 months to 04/04/2025); the highest was +97.8% (12 months to 29/05/2026). On 13/11/2026 the price of iShares Electric Vehicles & Driving Technology UCITS ETF was 24.5% below its highest weekly close since January 2024 (29/05/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Electric Vehicles & Driving Technology UCITS ETF 0.40% a year. Compared on 14/11/2026, 78 of the 119 other technology funds charge more, 9 the same and 32 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year (as of 04/11/2026)
- 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, GCAR holds 112 positions, according to its published holdings. The largest is Emerson Electric at 6.45% of the fund; the ten largest make up 48.1%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Emerson Electric | [EMR](https://fundology.uk/stock/EMR) | 6.45% |
| 2 | Texas Instruments | [TXN](https://fundology.uk/stock/TXN) | 5.44% |
| 3 | Advanced Micro Devices | [AMD](https://fundology.uk/stock/AMD) | 5.34% |
| 4 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 5.11% |
| 5 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 5.07% |
| 6 | NXP Semiconductors | [NXPI](https://fundology.uk/stock/NXPI) | 4.72% |
| 7 | Qualcomm | [QCOM](https://fundology.uk/stock/QCOM) | 4.56% |
| 8 | Byd | [002594](https://fundology.uk/stock/002594) | 4.29% |
| 9 | Denso | [6902](https://fundology.uk/stock/6902) | 3.59% |
| 10 | Samsung SDI | [006400](https://fundology.uk/stock/006400) | 3.54% |

## 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 | 53.6% |
| Consumer Discretionary | 35.4% |
| Industrials | 10.6% |
| Cash and derivatives | 0.3% |
| Materials | 0.1% |

### By country

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

| Country | Weight |
|---|---|
| United States | 50.5% |
| China | 16.1% |
| South Korea | 9.1% |
| Japan | 8.2% |
| Germany | 7.1% |
| France | 5.1% |
| Taiwan | 2.6% |
| Cash and derivatives | 0.3% |
| Other countries | 1.0% |

### 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% |

All 117 holdings: https://fundology.uk/fund/gcar/holdings

## Questions people ask

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

The ongoing charge of GCAR 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 Electric Vehicles & Driving Technology UCITS ETF 0.40% a year. Compared on 14/11/2026, 78 of the 119 other technology funds charge more, 9 the same and 32 less (share classes counted once).

**What does GCAR track?**

GCAR tracks the STOXX Global Electric Vehicles & Driving Technology USD Index - Discontinued as of 29-Jan-2021.

**Is GCAR accumulating or distributing?**

GCAR 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 GCAR?**

The ISIN of GCAR is IE00BGL86Z12. An ISIN identifies one exact share class of a fund; GCAR is its ticker on the London Stock Exchange. The same share class is also listed as ECAR (London Stock Exchange, US dollars) and IEVD (Xetra, euros).

**What does GCAR hold?**

As of 06/11/2026, GCAR holds 112 positions, according to its published holdings. The largest is Emerson Electric at 6.45% of the fund; the ten largest make up 48.1%. Its ten largest holdings are Emerson Electric (6.45%), Texas Instruments (5.44%), Advanced Micro Devices (5.34%), Tesla (5.11%), NVIDIA (5.07%), NXP Semiconductors (4.72%), Qualcomm (4.56%), Byd (4.29%), Denso (3.59%) and Samsung SDI (3.54%).

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

Calendar-year returns of GCAR in pounds (price, with income reinvested in the fund): 2025 +16.7%; 2026 to 13/11/2026 +19.5%. Past performance is not a guide to future returns.

**How has GCAR done after inflation?**

Over the five years to 13/11/2026 GCAR’s total return was +38.9%, or +8.4% 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/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-gb-ie00bgl86z12-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ecar-ishares-electric-vehicles-and-driving-technology-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.
