# iShares Core S&P 500 UCITS ETF (GSPX)

**Source:** https://fundology.uk/fund/gspx · ISIN IE00BD8KRH84 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (iShares), 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 01/10/2026, GSPX (iShares Core S&P 500 UCITS ETF, ISIN IE00BD8KRH84) closed at £12.75 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 01/10/2026 its total return was +76.5%, or +37.9% after UK CPIH inflation.

## Summary

iShares Core S&P 500 UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the S&P 500 — about 500 of the largest companies listed in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£12.75** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GSPX |
| ISIN | IE00BD8KRH84 |
| Category | US shares |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P 500 |
| Income | Distributing |
| Ongoing charge | 0.10% a year (£10 per £10,000) |
| Fund size | £1.1bn |
| Launched | 2018 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

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 | +14.89% | +11.29% | income reinvested |
| 3 years | +81.38% | +63.67% | income reinvested |
| 5 years | +76.46% | +37.94% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Core S&P 500 UCITS ETF in pounds (price only, income paid out not included): 2022 −21.6%, 2023 +23.3%, 2024 +24.0%, 2025 +15.7%; 2026 to 01/10/2026 +9.8%. Returns of iShares Core S&P 500 UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +15.9%; to 30/09/2025: +15.0%; to 30/09/2024: +32.3%; to 30/09/2023: +15.5%; to 30/09/2022: −18.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -21.6% | -28.2% | Price |
| 2023 | +23.3% | +18.4% | Price |
| 2024 | +24.0% | +19.7% | Price |
| 2025 | +15.7% | +11.7% | Price |
| 2026 to 01/10/2026 | +9.8% | +6.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.10% | -8.12% |
| 3 years | 13.23% | -15.45% |
| 5 years | 15.06% | -25.79% |

## Largest fall

Volatility of iShares Core S&P 500 UCITS ETF in pounds, annualised from weekly returns to 01/10/2026: 12.1% over 1 year, 13.2% over 3 years, 15.1% over 5 years. Largest fall in the price of iShares Core S&P 500 UCITS ETF since October 2021, in pounds: −25.8% from 31/12/2021 to 14/10/2022. The lowest 12-month return of iShares Core S&P 500 UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −22.5% (12 months to 04/11/2022); the highest was +39.7% (12 months to 25/10/2024). On 01/10/2026 the price of iShares Core S&P 500 UCITS ETF was 2.2% below its highest weekly close since October 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Core S&P 500 UCITS ETF 0.10% a year, as of 02/10/2026: 143 of the 208 other US share funds charge more, 8 the same and 57 less (share classes counted once).

## Funds tracking the same index

41 funds track S&P 500, this one included and share classes counted once; their ongoing charges range from 0.03% to 0.45% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - S&P 500 UCITS ETF | 0.15% | +17.1% | +68.1% | +89.1% |
| Amundi Index Solutions - S&P 500 UCITS ETF | 0.15% | +17.5% | +70.6% | +35.5% |
| BNP PARIBAS EASY - S&P 500 II | 0.08% | +15.9% | — | — |
| BNP Paribas Easy S&P 500 UCITS ETF Act. EUR HDG | 0.15% | +12.5% | +71.6% | +62.6% |
| BNP Paribas Easy S&P 500 UCITS ETF Class C USD | 0.15% | +18.0% | +69.8% | +90.2% |
| BNP Paribas Easy SICAV - S&P 500 II -UCITS ETF- Distribution | 0.08% | +15.9% | — | — |
| Global X ETFs ICAV-Global X S&P 500Covered Call UCITS ETF USD | 0.45% | +18.5% | +12.9% | — |
| HSBC ETFs PLC - HSBC S&P 500 UCITS ETF Accum USD | 0.09% | +17.0% | +24.8% | — |
| HSBC S&P 500 UCITS ETF USD | 0.09% | +17.0% | +67.7% | +88.1% |
| Invesco S&P 500 UCITS ETF | 0.05% | +17.2% | +68.6% | +90.0% |
| Invesco S&P 500 UCITS ETF | 0.05% | +17.7% | +71.3% | +92.7% |
| Invesco S&P 500 UCITS ETF Hedged GBP | 0.05% | +15.0% | +82.7% | +32.0% |
| iShares Core S&P 500 UCITS ETF | 0.07% | +17.0% | +67.8% | +88.3% |
| iShares Core S&P 500 UCITS ETF (this fund) | 0.10% | +14.9% | +81.4% | +76.5% |
| iShares Core S&P 500 UCITS ETF | 0.12% | — | — | — |
| iShares Core S&P 500 UCITS ETF USD (Dist) | 0.07% | +17.0% | +67.8% | +88.2% |
| iShares S&P 500 GBP Hedged UCITS ETF (Acc) | 0.20% | +14.7% | +81.1% | +75.7% |
| iShares S&P 500 Swap UCITS ETF AccumUSD | 0.05% | +17.2% | +68.7% | +25.2% |
| iShares S&P 500 Swap UCITS ETF USD | 0.05% | +17.2% | +25.2% | — |
| iShares VI PLC - iShares S&P 500 Swap UCITS ETF Hedged USD | 0.05% | +15.1% | — | — |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap C-EUR | 0.09% | +26.1% | +66.2% | +94.2% |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap D USD | 0.05% | +17.2% | +68.6% | +89.8% |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged D EUR | 0.07% | +10.9% | +71.4% | +65.9% |
| Multi Units Luxembourg SICAV - Amundi Core S&P 500 Swap Daily Hedged to GBP D | 0.05% | +15.1% | +82.8% | +78.9% |
| State Street SPDR S&P 500 UCITS ETF Accum shs - USD | 0.03% | +17.1% | — | — |
| State Street SPDR S&P 500 UCITS ETF USD | 0.03% | +17.1% | +67.8% | +88.2% |
| UBS (Irl) Fund Solutions PLC- UBS S&P 500 SF UCITS ETF Accum Shs USD | 0.19% | +18.3% | +65.9% | +92.3% |
| UBS Core S&P 500 UCITS ETF -A- Hedged GBP | 0.06% | +15.3% | +83.3% | +78.1% |
| UBS Core S&P 500 UCITS ETF Accum -A- Hedged CHF | 0.06% | +7.3% | +62.6% | +71.4% |
| UBS Core S&P 500 UCITS ETF AccumUSD | — | +14.4% | — | — |
| UBS Core S&P 500 UCITS ETF Class -A- USD | 0.03% | +17.1% | +67.8% | +88.1% |
| Vanguard S&P 500 UCITS ETF | 0.07% | +17.4% | +68.2% | +88.8% |
| Vanguard S&P 500 UCITS ETF | 0.07% | +17.4% | +68.2% | +88.8% |
| Xtrackers S&P 500 Swap II UCITS ETF -1D- USD | 0.04% | +14.7% | — | — |
| Xtrackers S&P 500 Swap UCITS ETF | 0.07% | +17.2% | +25.1% | — |
| Xtrackers S&P 500 Swap UCITS ETF | 0.20% | +14.8% | +81.5% | +31.3% |
| Xtrackers S&P 500 SWAP UCITS ETF Capitalisation 1C | 0.15% | +17.1% | +68.2% | +89.2% |
| Xtrackers S&P 500 UCITS ETF | 0.17% | +17.1% | +24.9% | — |
| Xtrackers S&P 500 UCITS ETF | 0.32% | +10.7% | +70.4% | +63.4% |
| Xtrackers S&P 500 UCITS ETF -4D- USD | 0.19% | +11.0% | — | — |
| Xtrackers S&P 500 UCITS ETF Accum Shs -2C- Hedged GBP | 0.21% | +14.9% | +81.5% | +76.0% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.10%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 30/09/2026, GSPX holds 504 positions, according to the holdings iShares publishes. The largest is NVIDIA at 8.37% of the fund; the ten largest make up 39.0%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 8.37% |
| 2 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 7.36% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 5.77% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 3.70% |
| 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 3.06% |
| 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.53% |
| 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 2.45% |
| 8 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 2.42% |
| 9 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.82% |
| 10 | Advanced Micro Devices | [AMD](https://fundology.uk/stock/AMD) | 1.51% |

Source: iShares, holdings as published, as of 30/09/2026.

## 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 30/09/2026.

| Sector | Weight |
|---|---|
| Information Technology | 39.6% |
| Financials | 11.4% |
| Communication Services | 9.9% |
| Health Care | 9.2% |
| Consumer Discretionary | 8.6% |
| Industrials | 8.0% |
| Consumer Staples | 4.4% |
| Energy | 3.4% |
| Other sectors | 5.5% |

### By type of asset

Added up from the holdings iShares publishes, as of 30/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.9% |
| Cash and money market | 0.2% |

All 505 holdings: https://fundology.uk/fund/gspx/holdings

## Questions people ask

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

The ongoing charge of GSPX is 0.10% a year — about £10 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 Core S&P 500 UCITS ETF 0.10% a year, as of 02/10/2026: 143 of the 208 other US share funds charge more, 8 the same and 57 less (share classes counted once).

**What does GSPX track?**

GSPX tracks the S&P 500 — about 500 of the largest companies listed in the US.

**Is GSPX accumulating or distributing?**

GSPX is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of GSPX?**

The ISIN of GSPX is IE00BD8KRH84. An ISIN identifies one exact share class of a fund; GSPX is its ticker on the London Stock Exchange.

**What does GSPX hold?**

As of 30/09/2026, GSPX holds 504 positions, according to the holdings iShares publishes. The largest is NVIDIA at 8.37% of the fund; the ten largest make up 39.0%. Its ten largest holdings are NVIDIA (8.37%), Apple (7.36%), Microsoft (5.77%), Amazon (3.70%), Alphabet · Class A (3.06%), Broadcom (2.53%), Alphabet · Class C (2.45%), Meta Platforms · Class A (2.42%), Micron Technology (1.82%) and Advanced Micro Devices (1.51%).

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

Calendar-year returns of GSPX in pounds (price only, income paid out not included): 2022 −21.6%, 2023 +23.3%, 2024 +24.0%, 2025 +15.7%; 2026 to 01/10/2026 +9.8%. Past performance is not a guide to future returns.

**How has GSPX done after inflation?**

Over the five years to 01/10/2026 GSPX’s total return was +76.5%, or +37.9% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.