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Fundology

ETF · iShares

IMEU iShares Core MSCI Europe UCITS ETF

ISIN IE00B1YZSC51London Stock Exchange: IMEUBlackRock, Inc.

Latest close

LSE

£33.80

on

Ongoing charge
0.12% a year
Fund size
£6.8bn

Source: TradingView, as of , at least 15 min delayed

At a glance

As of 30/09/2026, IMEU (iShares Core MSCI Europe UCITS ETF, ISIN IE00B1YZSC51) closed at £33.80 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 30/09/2026 its total return was +63.4%, or +27.7% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 30/09/2026
+15.8%
+12.1% after inflation
3 years to 30/09/2026
+51.6%
+36.8% after inflation
5 years to 30/09/2026
+63.4%
+27.7% after inflation

£1,000 put in five years ago would have been worth about £1,634 on 30/09/2026 — about £1,277 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

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

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of iShares Core MSCI Europe UCITS ETF in pounds (income reinvested to 10/07/2026, price only after): 2022 −6.1%, 2023 +9.7%, 2024 +0.7%, 2025 +22.6%; 2026 to 30/09/2026 +5.9%. Returns of iShares Core MSCI Europe UCITS ETF in pounds (income reinvested to 10/07/2026, price only after) over the 12 months to 30/09/2026: +12.4%; to 30/09/2025: +9.7%; to 30/09/2024: +12.3%; to 30/09/2023: +14.5%; to 30/09/2022: −12.2%.

Calendar-year returns of IMEU, in pounds (income reinvested to 10/07/2026, price only after — income paid out since then is not included), to 30/09/2026
YearReturnAfter inflation
to +5.9%+2.9%
+22.6%+18.4%
+0.7%−2.7%
+9.7%+5.3%
−6.1%−14.0%
Returns of IMEU over 12-month periods to 30/09/2026, in pounds (income reinvested to 10/07/2026, price only after — income paid out since then is not included)
12 months toReturnAfter inflation
from +12.4%Not available
from +9.7%+5.5%
from +12.3%+9.5%
from +14.5%+7.7%
from −12.2%−19.3%

Source: Fundology, from recorded closes, as of , inflation: ONS CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record the returns come from, in pounds.

Volatility (annualised)

13.4%over 5 years

Volatility, annualised from weekly returns, by period
1 year12.5%
3 years11.7%
5 years13.4%

Annualised from weekly returns. Higher means bumpier.

Largest fall since October 2021
−16.4%
From to
Lowest 12-month return
−12.5%
12 months to
Highest 12-month return
+26.3%
12 months to
Below its highest weekly close since October 2021
4.4%
High of , latest

In words: Volatility of iShares Core MSCI Europe UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 12.5% over 1 year, 11.7% over 3 years, 13.4% over 5 years. Largest fall of iShares Core MSCI Europe UCITS ETF since October 2021, in pounds (income reinvested to 10/07/2026, price only after): −16.4% from 05/11/2021 to 14/10/2022. The lowest 12-month return of iShares Core MSCI Europe UCITS ETF in pounds (income reinvested to 10/07/2026, price only after) since July 2021 was −12.5% (12 months to 14/10/2022); the highest was +26.3% (12 months to 10/04/2026). On 30/09/2026 the price of iShares Core MSCI Europe UCITS ETF was 4.4% below its highest weekly close since October 2021 (07/08/2026), in pounds (income reinvested to 10/07/2026, price only after).

Source: Fundology, from recorded closes, as of , income reinvested to 10/07/2026, price only after — income paid out since then is not included

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.12%
a year
On £10,000
£12
a year, roughly
Over five years
£60
of £10,000, before growth
Among 226 European share funds, share classes counted once
  • 29 charge less
  • 18 the same
  • 178 charge more

Ongoing charge of iShares Core MSCI Europe UCITS ETF 0.12% a year, as of 01/10/2026: 178 of the 225 other European share funds charge more, 18 the same and 29 less (share classes counted once).

Source: Fund ongoing charges via TradingView, as of

A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

iShares Core MSCI Europe UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2007.

It tracks the MSCI Europe — 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 0.12% a year — about £12 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.

European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.

Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN

Key facts

Ticker
IMEU
ISIN
IE00B1YZSC51
Provider
iShares
Tracks
MSCI Europe
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Distributing, paid quarterly
Income is paid out to holders as cash, usually a few times a year.
Ongoing charge
0.12% a year · about £12 on £10,000
Fund size
£6.8bn
Launched
Domicile
Ireland
Can be held in
ISA and SIPP
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£33.80+10.7% over 1 year · closing price
IMEU closing price: £30.53 on 05/10/2025, £33.80 on 30/09/2026 (+10.7%); low £30.53, high £35.37.

Over the last year, the closing price went from £30.53 on 05/10/2025 to £33.80 on 30/09/2026 (+10.7%). The lowest close shown was £30.53 on 05/10/2025 and the highest £35.37 on 07/08/2026.

Chart: closing prices we have recorded since 05/10/2025. Points up to mid-2026 have income reinvested; later ones are the price as traded, so the line is not measured the same way throughout.

Source: TradingView, as of , at least 15 min delayed

Five years of prices, and after inflation

256 weekly closes, from 26/09/2021 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

What it holds

The ten largest holdings make up 21.8% of the fund, as of .

Top 10 holdings

Top holdings of IMEU: the ten largest, as a percentage of the whole fund, as of 29/09/2026
Rank#HoldingWeight as a percentage of the fund
1ASMLASML5.11%
2HSBCHSBA2.49%
3Roche Ps Par2.13%
4ShellSHEL1.99%
5NovartisNOVN1.92%
6AstraZenecaAZN1.80%
7NestleNESN1.71%
8Siemens N1.68%
9SAPSAP1.54%
10Banco SantanderSAN1.47%

Source: iShares, holdings as published, as of , company pages by TradingView

Where it invests

The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

By sector

  1. Financials25.5%
  2. Industrials18.6%
  3. Health Care12.7%
  4. Information Technology9.7%
  5. Consumer Staples8.2%
  6. Consumer Discretionary6.0%
  7. Energy5.4%
  8. Materials5.3%
  9. Other sectors8.7%
As published by iShares, as of 29/09/2026.

By country

  1. United Kingdom22.3%
  2. France14.8%
  3. Switzerland14.1%
  4. Germany13.6%
  5. Netherlands9.4%
  6. Spain6.3%
  7. Sweden5.3%
  8. Italy5.1%
  9. Other countries9.1%
As published by iShares, as of 29/09/2026.

By type of asset

  1. Equity99.6%
  2. Cash and money market0.4%
Added up from the holdings iShares publishes, as of 29/09/2026.

391 holdings are listed for this fund. All 391 holdings of IMEU, with the full split by sector, country and type of asset.

More of the portfolio

The fund publishes 391 holdings; the ten largest make up 21.8% of it. The fund's portfolio is also split by currency.

Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns

Sign-up takes an email address. There is no card to enter and nothing to pay.

Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured

Funds tracking the same index

18 funds track MSCI Europe, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.31% a year (30/09/2026).

18 funds that track the MSCI Europe, listed by name. Returns are the data vendor’s, in pounds, with income reinvested unless marked “price”.
Fund1 year5 years
Amundi Index Solutions - MSCI Europe UCITS ETF DRAccumulating · 0.15% a year+15.8%+63.1%
Amundi Index Solutions - MSCI Europe UCITS ETF DRDistributing · 0.20% a year+15.8%+63.1%
Amundi MSCI Europe UCITS ETF Act -Acc-Accumulating · 0.25% a year+15.8%+62.2%
BNP PARIBAS EASY MSCI EUROPE ETF Capitalisation -UCITS ETF-AccumulatingNot reportedNot reported
Deka MSCI Europe UCITS ETFDistributing · 0.30% a year+15.3%+56.3%
HSBC MSCI Europe UCITS ETF Accum EURAccumulating · 0.14% a year+15.7%Not reported
HSBC MSCI Europe UCITS ETF EURDistributing · 0.14% a year+15.7%+63.2%
Invesco MSCI Europe UCITS ETFAccumulating · 0.19% a year+15.7%+60.5%
iShares Core MSCI Europe UCITS ETFThis fundDistributing · 0.12% a year+15.8%+63.4%
iShares Core MSCI Europe UCITS ETFAccumulating · Currency hedged · 0.17% a yearNot reportedNot reported
iShares Core MSCI Europe UCITS ETF EUR (Acc)Accumulating · 0.12% a year+15.8%+63.3%
State Street SPDR MSCI Europe UCITS ETFAccumulating · 0.25% a year+15.7%+62.4%
UBS Core MSCI Europe UCITS ETF EUR dis- DistributionDistributing · 0.10% a year+15.9%+63.2%
UBS Core MSCI Europe UCITS ETF Capitalisation -USD-AccumulatingNot reportedNot reported
UBS Core MSCI Europe UCITS ETF Capitalisation AAccumulating · 0.10% a year+8.8%Not reported
Xtrackers MSCI EUROPE UCITS ETF Capitalisation 1CAccumulating · 0.13% a year+15.7%+63.3%
Xtrackers MSCI EUROPE UCITS ETF Capitalisation 2CAccumulating · 0.31% a year+21.0%+80.5%
Xtrackers MSCI EUROPE UCITS ETF Distribution 1DDistributing · 0.13% a year+15.3%+63.1%

Source: TradingView reported returns and fund ongoing charges, as of

Read more:Index fundsTracking differenceHow funds are compared

Other versions of this fund

iShares’s other share classes and funds on the MSCI Europe. They can differ in how income is paid, currency hedging and charge.

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 220 rolling 12-month returns since July 2021, and of 116 rolling three-year returns, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

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  • Rank among similar funds

    Rank by total return over 1, 3 and 5 years among up to 196 European share funds, not currency-hedged, highest first.

    Pro
  • Moves compared with a similar fund

    Correlation and beta of weekly returns in pounds against iShares Core MSCI Europe UCITS ETF EUR (Acc), over the three years to 30/09/2026 (133 weeks).

    Pro

Pro — currently by invitation

Pro includes the rank among similar funds and moves against a comparable fund

Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].

Questions people ask

What is the ongoing charge of IMEU?

The ongoing charge of IMEU is 0.12% a year — about £12 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 MSCI Europe UCITS ETF 0.12% a year, as of 01/10/2026: 178 of the 225 other European share funds charge more, 18 the same and 29 less (share classes counted once).

What does IMEU track?

IMEU tracks the MSCI Europe — large and medium-sized European companies.

Is IMEU accumulating or distributing?

IMEU is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

What is the ISIN of IMEU?

The ISIN of IMEU is IE00B1YZSC51. An ISIN identifies one exact share class of a fund; IMEU is its ticker on the London Stock Exchange.

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

Calendar-year returns of IMEU in pounds (income reinvested to 10/07/2026, price only after): 2022 −6.1%, 2023 +9.7%, 2024 +0.7%, 2025 +22.6%; 2026 to 30/09/2026 +5.9%. Past performance is not a guide to future returns.

How has IMEU done after inflation?

Over the five years to 30/09/2026 IMEU’s total return was +63.4%, or +27.7% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More European share funds, largest first. Size is a fact, not a verdict.

Sources and dates

Prices
London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
Returns
TradingView reported returns (net asset value with income reinvested where available)
Calendar years, risk
Fundology, from recorded closes (weekly history from the data vendor where our record is short)
Inflation
ONS CPIH, latest month used August 2026
Charges
The fund’s ongoing charges figure, via TradingView
Holdings
iShares, as published,
Identity
FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Fund size
TradingView, converted to pounds at the latest ECB reference rate

Methodology:Data sourcesReturnsCategoriesAll methods

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