# iShares MSCI Europe SRI UCITS ETF (IESG)

**Page:** https://fundology.uk/fund/iesg · ISIN IE00B52VJ196

## 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, IESG (iShares MSCI Europe SRI UCITS ETF, ISIN IE00B52VJ196) closed at £67.79 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was +23.0%, or −4.0% after UK CPIH inflation.

## Summary

iShares MSCI Europe SRI UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2011. It tracks the MSCI Europe SRI Select Reduced Fossil Fuel Index — 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 0.2% a year — about £20 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: **£67.79** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IESG |
| ISIN | IE00B52VJ196 |
| Also listed as | IUSK (Xetra, euros) |
| Category | Sustainable & clean energy |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Europe SRI Select Reduced Fossil Fuel Index |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £2.6bn |
| Launched | 2011 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 28/02/2011 |

## 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 | +9.93% | +6.04% | income reinvested |
| 3 years | +29.76% | +17.23% | income reinvested |
| 5 years | +23.05% | -3.96% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares MSCI Europe SRI UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −9.9%, 2023 +14.3%, 2024 +1.2%, 2025 +8.5%; 2026 to 13/11/2026 +10.3%. Returns of iShares MSCI Europe SRI UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +6.5%; to 30/09/2025: +1.7%; to 30/09/2024: +17.1%; to 30/09/2023: +15.6%; to 30/09/2022: −13.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.9% | -17.5% | Price |
| 2023 | +14.3% | +9.7% | Price |
| 2024 | +1.2% | -2.2% | Price |
| 2025 | +8.5% | +4.8% | Price |
| 2026 to 13/11/2026 | +10.3% | +6.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 13.15% | -11.32% |
| 3 years | 12.37% | -11.39% |
| 5 years | 14.10% | -19.76% |

## Largest fall

Volatility of iShares MSCI Europe SRI UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 13.1% over 1 year, 12.4% over 3 years, 14.1% over 5 years. Largest fall in the price of iShares MSCI Europe SRI UCITS ETF since November 2021, in pounds: −18.9% from 19/11/2021 to 14/10/2022. The lowest 12-month return of iShares MSCI Europe SRI UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −14.6% (12 months to 14/10/2022); the highest was +19.3% (12 months to 18/10/2024). On 13/11/2026 the price of iShares MSCI Europe SRI UCITS ETF was at its highest weekly close since November 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI Europe SRI UCITS ETF 0.20% a year. Compared on 14/11/2026, 120 of the 177 other sustainable and clean-energy funds charge more, 15 the same and 42 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** 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.

## What it holds

As of 06/11/2026, IESG holds 121 positions, according to its published holdings. The largest is ASML at 6.00% of the fund; the ten largest make up 34.5%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 6.00% |
| 2 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 5.21% |
| 3 | L'Oréal | [OR](https://fundology.uk/stock/OR) | 3.50% |
| 4 | ABB | [ABBN](https://fundology.uk/stock/ABBN) | 3.36% |
| 5 | Zurich Insurance Group | [ZURN](https://fundology.uk/stock/ZURN) | 3.30% |
| 6 | Schneider Electric | [SU](https://fundology.uk/stock/SU) | 3.21% |
| 7 | ING Groep | [INGA](https://fundology.uk/stock/INGA) | 2.68% |
| 8 | SAP | [SAP](https://fundology.uk/stock/SAP) | 2.57% |
| 9 | EssilorLuxottica | [EL](https://fundology.uk/stock/EL) | 2.36% |
| 10 | Muenchener Rueckversicherungs-Gese | — | 2.35% |

## 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 |
|---|---|
| Financials | 25.9% |
| Industrials | 18.1% |
| Health Care | 13.8% |
| Consumer Staples | 9.7% |
| Information Technology | 9.5% |
| Consumer Discretionary | 6.5% |
| Materials | 6.5% |
| Utilities | 4.2% |
| Other sectors | 5.8% |

### By country

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

| Country | Weight |
|---|---|
| Switzerland | 23.4% |
| France | 17.5% |
| Netherlands | 14.5% |
| United Kingdom | 12.1% |
| Germany | 11.1% |
| Sweden | 4.4% |
| Denmark | 3.9% |
| Spain | 3.1% |
| Other countries | 10.0% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.0% |
| Cash and money market | 1.0% |

All 129 holdings: https://fundology.uk/fund/iesg/holdings

## Questions people ask

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

The ongoing charge of IESG is 0.20% a year — about £20 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 MSCI Europe SRI UCITS ETF 0.20% a year. Compared on 14/11/2026, 120 of the 177 other sustainable and clean-energy funds charge more, 15 the same and 42 less (share classes counted once).

**What does IESG track?**

IESG tracks the MSCI Europe SRI Select Reduced Fossil Fuel Index — large and medium-sized European companies.

**Is IESG accumulating or distributing?**

IESG 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 IESG?**

The ISIN of IESG is IE00B52VJ196. An ISIN identifies one exact share class of a fund; IESG is its ticker on the London Stock Exchange. The same share class is also listed as IUSK (Xetra, euros).

**What does IESG hold?**

As of 06/11/2026, IESG holds 121 positions, according to its published holdings. The largest is ASML at 6.00% of the fund; the ten largest make up 34.5%. Its ten largest holdings are ASML (6.00%), Novartis (5.21%), L'Oréal (3.50%), ABB (3.36%), Zurich Insurance Group (3.30%), Schneider Electric (3.21%), ING Groep (2.68%), SAP (2.57%), EssilorLuxottica (2.36%) and Muenchener Rueckversicherungs-Gese (2.35%).

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

Calendar-year returns of IESG in pounds (price, with income reinvested in the fund): 2022 −9.9%, 2023 +14.3%, 2024 +1.2%, 2025 +8.5%; 2026 to 13/11/2026 +10.3%. Past performance is not a guide to future returns.

**How has IESG done after inflation?**

Over the five years to 13/11/2026 IESG’s total return was +23.0%, or −4.0% 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/251767/ishares-dow-jones-europe-sustainability-screened-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-europe-sri-ucits-etf-eur-acc-gb-ie00b52vj196-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/iese-ishares-msci-europe-sri-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.