# iShares Edge MSCI Europe Value Factor UCITS ETF (IEFV) **Source:** https://fundology.uk/fund/iefv · ISIN IE00BQN1K901 · 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, IEFV (iShares Edge MSCI Europe Value Factor UCITS ETF, ISIN IE00BQN1K901) closed at £11.59 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was +99.2%, or +55.7% after UK CPIH inflation. ## Summary iShares Edge MSCI Europe Value Factor UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2015. It tracks the MSCI Europe Enhanced Value — 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 0.25% a year — about £25 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: **£11.59** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IEFV | | ISIN | IE00BQN1K901 | | Category | European shares | | Type | ETF | | Provider | iShares | | Tracks | MSCI Europe Enhanced Value | | Income | Accumulating | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £1.7bn | | Launched | 2015 | | 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 | +25.63% | +21.69% | income reinvested | | 3 years | +75.49% | +58.36% | income reinvested | | 5 years | +99.22% | +55.73% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares Edge MSCI Europe Value Factor UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +1.5%, 2023 +11.4%, 2024 +4.8%, 2025 +42.1%; 2026 to 30/09/2026 +12.6%. Returns of iShares Edge MSCI Europe Value Factor UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +24.5%; to 30/09/2025: +24.3%; to 30/09/2024: +12.4%; to 30/09/2023: +20.7%; to 30/09/2022: −5.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +1.5% | -7.1% | Price | | 2023 | +11.4% | +7.0% | Price | | 2024 | +4.8% | +1.2% | Price | | 2025 | +42.1% | +37.2% | Price | | 2026 to 30/09/2026 | +12.6% | +9.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.11% | -10.57% | | 3 years | 13.61% | -10.95% | | 5 years | 14.99% | -14.79% | ## Largest fall Volatility of iShares Edge MSCI Europe Value Factor UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 14.1% over 1 year, 13.6% over 3 years, 15.0% over 5 years. Largest fall in the price of iShares Edge MSCI Europe Value Factor UCITS ETF since October 2021, in pounds: −14.8% from 11/02/2022 to 04/03/2022. The lowest 12-month return of iShares Edge MSCI Europe Value Factor UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −5.8% (12 months to 14/10/2022); the highest was +49.0% (12 months to 10/04/2026). On 30/09/2026 the price of iShares Edge MSCI Europe Value Factor UCITS ETF was 4.1% below its highest weekly close since October 2021 (06/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Edge MSCI Europe Value Factor UCITS ETF 0.25% a year, as of 01/10/2026: 86 of the 225 other European share funds charge more, 21 the same and 118 less (share classes counted once). ## Funds tracking the same index 3 funds track MSCI Europe Enhanced Value, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.25% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares Edge MSCI Europe Value Factor UCITS ETF | 0.25% | +25.2% | +75.4% | +99.4% | | iShares Edge MSCI Europe Value Factor UCITS ETF (this fund) | 0.25% | +25.6% | +75.5% | +99.2% | | Xtrackers MSCI Europe Value Factor UCITS ETF (DR) Capitalisation 1C | 0.15% | +25.3% | +75.7% | +99.9% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Siemens N | 4.25% | | Sanofi | 3.96% | | Bayer | 3.31% | | British American Tobacco p.l.c | 3.12% | | HSBC | 3.07% | | GSK | 2.93% | | BNP Paribas | 2.64% | | Banco Santander | 2.54% | | Infineon Technologies | 2.01% | | Dhl | 1.95% | ## 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 | |---|---| | Financials | 27.2% | | Industrials | 19.3% | | Health Care | 13.5% | | Consumer Staples | 7.8% | | Information Technology | 7.5% | | Energy | 5.5% | | Materials | 5.3% | | Consumer Discretionary | 5.1% | | Other sectors | 8.9% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | Germany | 24.2% | | United Kingdom | 23.2% | | France | 22.6% | | Spain | 6.2% | | Italy | 5.3% | | Netherlands | 5.3% | | Sweden | 4.5% | | Finland | 2.3% | | Other countries | 6.4% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.4% | | Cash and money market | 0.5% | All 154 holdings: https://fundology.uk/fund/iefv/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.