# iShares Core MSCI Europe UCITS ETF (IMEU)

**Source:** https://fundology.uk/fund/imeu · ISIN IE00B1YZSC51 · 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, 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.

## Summary

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.

Latest close: **£33.80** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IMEU |
| ISIN | IE00B1YZSC51 |
| Category | European shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Europe |
| Income | Distributing |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £6.8bn |
| Launched | 2007 |
| 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 | +15.77% | +12.14% | income reinvested |
| 3 years | +51.57% | +36.77% | income reinvested |
| 5 years | +63.35% | +27.70% | income reinvested |

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

## Calendar-year 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%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -6.1% | -14.0% | Income reinvested |
| 2023 | +9.7% | +5.3% | Income reinvested |
| 2024 | +0.7% | -2.7% | Income reinvested |
| 2025 | +22.6% | +18.4% | Income reinvested |
| 2026 to 30/09/2026 | +5.9% | +2.9% | Partly income reinvested |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.45% | -10.59% |
| 3 years | 11.73% | -10.59% |
| 5 years | 13.35% | -16.40% |

## Largest fall

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).

## Charges compared with similar funds

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).

## 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).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - MSCI Europe UCITS ETF DR | 0.15% | +15.8% | +51.5% | +63.1% |
| Amundi Index Solutions - MSCI Europe UCITS ETF DR | 0.20% | +15.8% | +51.5% | +63.1% |
| Amundi MSCI Europe UCITS ETF Act -Acc- | 0.25% | +15.8% | +51.0% | +62.2% |
| BNP PARIBAS EASY MSCI EUROPE ETF Capitalisation -UCITS ETF- | — | — | — | — |
| Deka MSCI Europe UCITS ETF | 0.30% | +15.3% | +50.9% | +56.3% |
| HSBC MSCI Europe UCITS ETF Accum EUR | 0.14% | +15.7% | +36.9% | — |
| HSBC MSCI Europe UCITS ETF EUR | 0.14% | +15.7% | +51.5% | +63.2% |
| Invesco MSCI Europe UCITS ETF | 0.19% | +15.7% | +47.4% | +60.5% |
| iShares Core MSCI Europe UCITS ETF (this fund) | 0.12% | +15.8% | +51.6% | +63.4% |
| iShares Core MSCI Europe UCITS ETF Accum Shs Hedged MXN | 0.17% | — | — | — |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.12% | +15.8% | +51.6% | +63.3% |
| State Street SPDR MSCI Europe UCITS ETF | 0.25% | +15.7% | +51.2% | +62.4% |
| UBS (Lux) Fund Solutions SICAV - UBS Core MSCI Europe UCITS ETF EUR dis- Distribution | 0.10% | +15.9% | +51.8% | +63.2% |
| UBS Core MSCI Europe UCITS ETF Capitalisation -USD- | — | — | — | — |
| UBS Core MSCI Europe UCITS ETF Capitalisation A | 0.10% | +8.8% | — | — |
| Xtrackers MSCI EUROPE UCITS ETF Capitalisation 1C | 0.13% | +15.7% | +51.3% | +63.3% |
| Xtrackers MSCI EUROPE UCITS ETF Capitalisation 2C | 0.31% | +21.0% | +47.9% | +80.5% |
| Xtrackers MSCI EUROPE UCITS ETF Distribution 1D | 0.13% | +15.3% | +51.1% | +63.1% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| ASML | 5.11% |
| HSBC | 2.49% |
| Roche Ps Par | 2.13% |
| Shell | 1.99% |
| Novartis | 1.92% |
| AstraZeneca | 1.80% |
| Nestle | 1.71% |
| Siemens N | 1.68% |
| SAP | 1.54% |
| Banco Santander | 1.47% |

## 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 | 25.5% |
| Industrials | 18.6% |
| Health Care | 12.7% |
| Information Technology | 9.7% |
| Consumer Staples | 8.2% |
| Consumer Discretionary | 6.0% |
| Energy | 5.4% |
| Materials | 5.3% |
| Other sectors | 8.7% |

### By country

As published by iShares, as of 29/09/2026.

| Country | Weight |
|---|---|
| United Kingdom | 22.3% |
| France | 14.8% |
| Switzerland | 14.1% |
| Germany | 13.6% |
| Netherlands | 9.4% |
| Spain | 6.3% |
| Sweden | 5.3% |
| Italy | 5.1% |
| Other countries | 9.1% |

### By type of asset

Added up from the holdings iShares publishes, as of 29/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.6% |
| Cash and money market | 0.4% |

All 391 holdings: https://fundology.uk/fund/imeu/holdings

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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.
