# iShares S&P 500 Health Care Sector UCITS ETF (IHCU)

**Page:** https://fundology.uk/fund/ihcu · ISIN IE00B43HR379

## 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, IHCU (iShares S&P 500 Health Care Sector UCITS ETF, ISIN IE00B43HR379) closed at £11.51 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was +52.7%, or +19.2% after UK CPIH inflation.

## Summary

iShares S&P 500 Health Care Sector UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2015. It tracks the S&P 500 CAPPED 35/20 HEALTH CARE  NTR — 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 0.15% a year — about £15 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: **£11.51** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IHCU |
| ISIN | IE00B43HR379 |
| Also listed as | IUHC (London Stock Exchange, US dollars), QDVG (Xetra, euros) |
| Category | Healthcare |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P 500 CAPPED 35/20 HEALTH CARE  NTR |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £2.7bn |
| Launched | 2015 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 23/11/2015 |

## 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 | +25.90% | +21.44% | income reinvested |
| 3 years | +43.31% | +29.48% | income reinvested |
| 5 years | +52.66% | +19.16% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares S&P 500 Health Care Sector UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +9.0%, 2023 −3.9%, 2024 +5.7%, 2025 +4.4%; 2026 to 13/11/2026 +25.0%. Returns of iShares S&P 500 Health Care Sector UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +20.7%; to 30/09/2025: −5.1%; to 30/09/2024: +9.8%; to 30/09/2023: −2.9%; to 30/09/2022: +20.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +9.0% | -0.2% | Price |
| 2023 | -3.9% | -7.7% | Price |
| 2024 | +5.7% | +2.1% | Price |
| 2025 | +4.4% | +0.8% | Price |
| 2026 to 13/11/2026 | +25.0% | +21.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 17.08% | -10.70% |
| 3 years | 14.56% | -19.00% |
| 5 years | 14.19% | -19.00% |

## Largest fall

Volatility of iShares S&P 500 Health Care Sector UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 17.1% over 1 year, 14.6% over 3 years, 14.2% over 5 years. Largest fall in the price of iShares S&P 500 Health Care Sector UCITS ETF since November 2021, in pounds: −19.0% from 31/01/2025 to 23/05/2025. The lowest 12-month return of iShares S&P 500 Health Care Sector UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −16.8% (12 months to 08/08/2025); the highest was +30.1% (12 months to 08/04/2022). On 13/11/2026 the price of iShares S&P 500 Health Care Sector UCITS ETF was at its highest weekly close since November 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of iShares S&P 500 Health Care Sector UCITS ETF 0.15% a year. Compared on 14/11/2026, 25 of the 28 other healthcare funds charge more, 1 the same and 2 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** 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, IHCU holds 61 positions, according to its published holdings. The largest is Eli Lilly at 16.17% of the fund; the ten largest make up 60.5%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Eli Lilly | [LLY](https://fundology.uk/stock/LLY) | 16.17% |
| 2 | Johnson & Johnson | [JNJ](https://fundology.uk/stock/JNJ) | 9.93% |
| 3 | AbbVie | [ABBV](https://fundology.uk/stock/ABBV) | 7.68% |
| 4 | Merck | [MRK](https://fundology.uk/stock/MRK) | 5.41% |
| 5 | UnitedHealth Group | [UNH](https://fundology.uk/stock/UNH) | 5.28% |
| 6 | Thermo Fisher Scientific | [TMO](https://fundology.uk/stock/TMO) | 3.84% |
| 7 | Amgen | [AMGN](https://fundology.uk/stock/AMGN) | 3.72% |
| 8 | Gilead Sciences | [GILD](https://fundology.uk/stock/GILD) | 3.09% |
| 9 | Abbott Laboratories | [ABT](https://fundology.uk/stock/ABT) | 2.84% |
| 10 | Pfizer | [PFE](https://fundology.uk/stock/PFE) | 2.50% |

## 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 |
|---|---|
| Pharmaceuticals | 36.7% |
| Biotechnology | 20.1% |
| Health Care Equipment | 14.8% |
| Life Sciences Tools & Services | 9.9% |
| Managed Health Care | 8.0% |
| Health Care Distributors | 3.9% |
| Health Care Services | 3.7% |
| Health Care Facilities | 1.5% |
| Other sectors | 1.4% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.8% |
| Cash and money market | 0.2% |

All 62 holdings: https://fundology.uk/fund/ihcu/holdings

## Questions people ask

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

The ongoing charge of IHCU is 0.15% a year — about £15 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 S&P 500 Health Care Sector UCITS ETF 0.15% a year. Compared on 14/11/2026, 25 of the 28 other healthcare funds charge more, 1 the same and 2 less (share classes counted once).

**What does IHCU track?**

IHCU tracks the S&P 500 CAPPED 35/20 HEALTH CARE  NTR — about 500 of the largest companies listed in the US.

**Is IHCU accumulating or distributing?**

IHCU 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 IHCU?**

The ISIN of IHCU is IE00B43HR379. An ISIN identifies one exact share class of a fund; IHCU is its ticker on the London Stock Exchange. The same share class is also listed as IUHC (London Stock Exchange, US dollars) and QDVG (Xetra, euros).

**What does IHCU hold?**

As of 06/11/2026, IHCU holds 61 positions, according to its published holdings. The largest is Eli Lilly at 16.17% of the fund; the ten largest make up 60.5%. Its ten largest holdings are Eli Lilly (16.17%), Johnson & Johnson (9.93%), AbbVie (7.68%), Merck (5.41%), UnitedHealth Group (5.28%), Thermo Fisher Scientific (3.84%), Amgen (3.72%), Gilead Sciences (3.09%), Abbott Laboratories (2.84%) and Pfizer (2.50%).

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

Calendar-year returns of IHCU in pounds (price, with income reinvested in the fund): 2022 +9.0%, 2023 −3.9%, 2024 +5.7%, 2025 +4.4%; 2026 to 13/11/2026 +25.0%. Past performance is not a guide to future returns.

**How has IHCU done after inflation?**

Over the five years to 13/11/2026 IHCU’s total return was +52.7%, or +19.2% 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/280507/ishares-sp-500-health-care-sector-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-sp-500-health-care-sector-ucits-etf-usd-acc-gb-ie00b43hr379-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/iuhc-ishares-s-p-500-health-care-sector-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.