# iShares MSCI North America UCITS ETF (INAA) **Source:** https://fundology.uk/fund/inaa · ISIN IE00B14X4M10 · 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, INAA (iShares MSCI North America UCITS ETF, ISIN IE00B14X4M10) closed at £107.61 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 30/09/2026 its total return was +84.4%, or +44.2% after UK CPIH inflation. ## Summary iShares MSCI North America UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2006. It tracks the MSCI North America. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 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: **£107.61** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | INAA | | ISIN | IE00B14X4M10 | | Category | US shares | | Type | ETF | | Provider | iShares | | Tracks | MSCI North America | | Income | Distributing | | Ongoing charge | 0.40% a year (£40 per £10,000) | | Fund size | £923m | | Launched | 2006 | | 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 | +17.25% | +13.57% | income reinvested | | 3 years | +68.77% | +52.30% | income reinvested | | 5 years | +84.42% | +44.17% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares MSCI North America UCITS ETF in pounds (price only, income paid out not included): 2022 −11.2%, 2023 +18.2%, 2024 +25.7%, 2025 +8.4%; 2026 to 30/09/2026 +13.4%. Returns of iShares MSCI North America UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +17.2%; to 30/09/2025: +15.8%; to 30/09/2024: +21.0%; to 30/09/2023: +7.1%; to 30/09/2022: −0.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -11.2% | -18.7% | Price | | 2023 | +18.2% | +13.5% | Price | | 2024 | +25.7% | +21.4% | Price | | 2025 | +8.4% | +4.7% | Price | | 2026 to 30/09/2026 | +13.4% | +10.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.87% | -7.22% | | 3 years | 12.90% | -18.98% | | 5 years | 13.62% | -18.98% | ## Largest fall Volatility of iShares MSCI North America UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 11.9% over 1 year, 12.9% over 3 years, 13.6% over 5 years. Largest fall in the price of iShares MSCI North America UCITS ETF since October 2021, in pounds: −19.0% from 17/01/2025 to 18/04/2025. The lowest 12-month return of iShares MSCI North America UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −11.4% (12 months to 23/12/2022); the highest was +32.2% (12 months to 17/04/2026). On 30/09/2026 the price of iShares MSCI North America UCITS ETF was 0.3% below its highest weekly close since October 2021 (25/09/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares MSCI North America UCITS ETF 0.40% a year, as of 01/10/2026: 14 of the 210 other US share funds charge more, 1 the same and 195 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI North America, this one included and share classes counted once; their ongoing charges range from 0.23% to 0.40% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco MSCI North America Swap UCITS ETF Accum USD | 0.23% | — | — | — | | iShares MSCI North America UCITS ETF (this fund) | 0.40% | +17.3% | +68.8% | +84.4% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.40%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | NVIDIA | 7.55% | | Apple | 6.99% | | Microsoft | 5.19% | | Amazon | 3.45% | | Alphabet · Class A | 2.89% | | Meta Platforms · Class A | 2.34% | | Broadcom | 2.32% | | Alphabet · Class C | 2.28% | | Micron Technology | 1.74% | | Tesla | 1.46% | ## 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 | |---|---| | Information Technology | 37.8% | | Financials | 12.6% | | Communication Services | 9.6% | | Health Care | 9.0% | | Industrials | 8.3% | | Consumer Discretionary | 8.3% | | Consumer Staples | 4.3% | | Energy | 4.0% | | Other sectors | 6.0% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | United States | 95.5% | | Canada | 4.3% | | Cash and derivatives | 0.2% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.8% | | Cash and money market | 0.2% | All 596 holdings: https://fundology.uk/fund/inaa/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.