# iShares MSCI World GBP Hedged UCITS ETF (Acc) (IGWD)

**Page:** https://fundology.uk/fund/igwd · ISIN IE00B42YS929

## 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, IGWD (iShares MSCI World GBP Hedged UCITS ETF (Acc), ISIN IE00B42YS929) closed at £132.74 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 13/11/2026 its total return was +64.5%, or +28.4% after UK CPIH inflation.

## Summary

iShares MSCI World GBP Hedged UCITS ETF (Acc) is an exchange-traded fund (ETF) from iShares, launched in 2010. It tracks the MSCI World 100% Hedged to GBP Net Variant — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it 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 0.55% a year — about £55 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£132.74** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IGWD |
| ISIN | IE00B42YS929 |
| Category | Global shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI World 100% Hedged to GBP Net Variant |
| Income | Accumulating |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £453m |
| Launched | 2010 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/10/2010 |

## 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 | +12.78% | +8.79% | income reinvested |
| 3 years | +73.25% | +56.53% | income reinvested |
| 5 years | +64.46% | +28.37% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares MSCI World GBP Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund): 2022 −17.6%, 2023 +22.4%, 2024 +21.4%, 2025 +18.4%; 2026 to 13/11/2026 +10.9%. Returns of iShares MSCI World GBP Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.5%; to 30/09/2025: +18.2%; to 30/09/2024: +29.5%; to 30/09/2023: +17.6%; to 30/09/2022: −15.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -17.6% | -24.6% | Price |
| 2023 | +22.4% | +17.5% | Price |
| 2024 | +21.4% | +17.2% | Price |
| 2025 | +18.4% | +14.4% | Price |
| 2026 to 13/11/2026 | +10.9% | +7.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 10.09% | -7.22% |
| 3 years | 11.98% | -14.00% |
| 5 years | 13.86% | -21.84% |

## Largest fall

Volatility of iShares MSCI World GBP Hedged UCITS ETF (Acc) in pounds, annualised from weekly returns to 13/11/2026: 10.1% over 1 year, 12.0% over 3 years, 13.9% over 5 years. Largest fall in the price of iShares MSCI World GBP Hedged UCITS ETF (Acc) since November 2021, in pounds: −21.8% from 31/12/2021 to 14/10/2022. The lowest 12-month return of iShares MSCI World GBP Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) since January 2021 was −19.0% (12 months to 04/11/2022); the highest was +36.4% (12 months to 25/10/2024). On 13/11/2026 the price of iShares MSCI World GBP Hedged UCITS ETF (Acc) was 3.1% below its highest weekly close since November 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI World GBP Hedged UCITS ETF (Acc) 0.55% a year. Compared on 14/11/2026, 14 of the 207 other global share funds charge more, 3 the same and 190 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI World 100% Hedged to GBP Net Variant, this one included and share classes counted once; their ongoing charges range from 0.17% to 0.55% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares MSCI World GBP Hedged UCITS ETF (Acc) (this fund) | 0.55% | +12.8% | +73.3% | +64.5% |
| State Street SPDR MSCI World UCITS ETF Hedged GBP | 0.17% | +12.8% | — | — |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** per year
- 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, IGWD holds 1,248 positions, according to its published holdings. The largest is Apple at 5.71% of the fund; the ten largest make up 26.5%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.71% |
| 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 4.88% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 4.26% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 2.85% |
| 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 1.90% |
| 6 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 1.52% |
| 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 1.51% |
| 8 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 1.51% |
| 9 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 1.23% |
| 10 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.16% |

## 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 | 28.2% |
| Financials | 16.6% |
| Industrials | 10.6% |
| Health Care | 10.3% |
| Consumer Discretionary | 9.1% |
| Communication Services | 7.4% |
| Consumer Staples | 5.5% |
| Energy | 4.2% |
| Other sectors | 8.2% |

### By country

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

| Country | Weight |
|---|---|
| United States | 72.1% |
| Japan | 5.4% |
| United Kingdom | 3.5% |
| Canada | 3.5% |
| Switzerland | 2.4% |
| France | 2.3% |
| Germany | 2.1% |
| Australia | 1.6% |
| Other countries | 7.2% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.1% |
| Cash and money market | 0.9% |

The 1,218 holdings on record (of 1,248 reported): https://fundology.uk/fund/igwd/holdings

## Questions people ask

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

The ongoing charge of IGWD is 0.55% a year — about £55 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 World GBP Hedged UCITS ETF (Acc) 0.55% a year. Compared on 14/11/2026, 14 of the 207 other global share funds charge more, 3 the same and 190 less (share classes counted once).

**What does IGWD track?**

IGWD tracks the MSCI World 100% Hedged to GBP Net Variant — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is IGWD accumulating or distributing?**

IGWD 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 IGWD?**

The ISIN of IGWD is IE00B42YS929. An ISIN identifies one exact share class of a fund; IGWD is its ticker on the London Stock Exchange.

**What does IGWD hold?**

As of 06/11/2026, IGWD holds 1,248 positions, according to its published holdings. The largest is Apple at 5.71% of the fund; the ten largest make up 26.5%. Its ten largest holdings are Apple (5.71%), NVIDIA (4.88%), Microsoft (4.26%), Amazon (2.85%), Alphabet · Class A (1.90%), Meta Platforms · Class A (1.52%), Alphabet · Class C (1.51%), Broadcom (1.51%), Eli Lilly (1.23%) and Tesla (1.16%).

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

Calendar-year returns of IGWD in pounds (price, with income reinvested in the fund): 2022 −17.6%, 2023 +22.4%, 2024 +21.4%, 2025 +18.4%; 2026 to 13/11/2026 +10.9%. Past performance is not a guide to future returns.

**How has IGWD done after inflation?**

Over the five years to 13/11/2026 IGWD’s total return was +64.5%, or +28.4% 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/251892/ishares-msci-world-gbp-hedged-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-world-gbp-hedged-ucits-etf-acc-gb-ie00b42ys929-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/igwd-ishares-msci-world-gbp-hedged-ucits-etf-acc-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.