ETF · Invesco
IQEX Invesco Europe Enhanced Equity UCITS ETF
ISIN IE000YNVI4W4London Stock Exchange: IQEXInvesco Ltd.
- European shares
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£5.27
on
- Ongoing charge
- 0.24% a year
- Fund size
- £402m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, IQEX (Invesco Europe Enhanced Equity UCITS ETF, ISIN IE000YNVI4W4) closed at £5.27 on the London Stock Exchange. Its ongoing charge is 0.24% a year (about £24 on £10,000). Over the year to 13/11/2026 its total return was +10.9%, or +7.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +10.9%
- +7.0% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +10.3%. Returns of Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +10.3% | +6.8% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +15.0% | +10.9% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
13.3%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since September 2025
- −10.3%
- From to
- Below its highest weekly close since September 2025
- 1.9%
- High of , latest
In words: Volatility of Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 13.3% over 1 year. Largest fall in the price of Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF since September 2025, in pounds: −10.3% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF was 1.9% below its highest weekly close since September 2025 (07/08/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.24%
- a year
- On £10,000
- £24
- a year, roughly
- Over five years
- £119
- of £10,000, before growth
- 128 charge less
- 1 the same
- 113 charge more
Ongoing charge of Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF 0.24% a year. Compared on 14/11/2026, 113 of the 242 other European share funds charge more, 1 the same and 128 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2025.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.24% a year — about £24 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.
European shares: Companies across Europe. Some funds include the UK and some leave it out — the fund name says which.
Key facts
- Ticker
- IQEX
- ISIN
- IE000YNVI4W4
- Also listed as
- IQEA (London Stock Exchange, US dollars), IQHE (Xetra, euros)
- Provider
- Invesco
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.24% a year · about £24 on £10,000
- Fund size
- £402m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- European shares
Price chart
Over the last year, the closing price went from £4.65 on 14/11/2025 to £5.27 on 13/11/2026 (+13.5%). The lowest close shown was £4.56 on 21/11/2025 and the highest £5.38 on 07/08/2026.
One close a week. Before 18/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
59 weekly closes, from 26/09/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with 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
- Holdings
- 241
- on record
- Ten largest
- 23.0%
- of the whole fund
- Effective number of holdings
- 94
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 4.3%
- ASML
Top 10 holdings
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Financials26.0%
- Industrials19.1%
- Health Care13.1%
- Consumer Staples8.4%
- Information Technology8.0%
- Energy6.1%
- Consumer Discretionary5.6%
- Materials5.5%
- Other sectors8.1%
By country
- United Kingdom18.9%
- France14.8%
- Germany13.7%
- Switzerland10.9%
- Netherlands8.3%
- United States6.6%
- Spain6.2%
- Sweden4.4%
- Other countries16.2%
By type of asset
- Equity99.9%
- Cash and money market0.1%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 241 holdings; the ten largest make up 23.0% of it.
Create a free account to see the full holdings list
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
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 3 largest falls since September 2025, 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 and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1 year among up to 210 European share funds, not currency-hedged, highest first.
Pro
Pro — currently by invitation
Pro includes the rank among similar funds
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 IQEX?
The ongoing charge of IQEX is 0.24% a year — about £24 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 Invesco Markets II PLC - Invesco Europe Enhanced Equity UCITS ETF 0.24% a year. Compared on 14/11/2026, 113 of the 242 other European share funds charge more, 1 the same and 128 less (share classes counted once).
Is IQEX accumulating or distributing?
IQEX 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 IQEX?
The ISIN of IQEX is IE000YNVI4W4. An ISIN identifies one exact share class of a fund; IQEX is its ticker on the London Stock Exchange. The same share class is also listed as IQEA (London Stock Exchange, US dollars) and IQHE (Xetra, euros).
What does IQEX hold?
As of 12/11/2026, IQEX holds 241 positions, according to its published holdings. The largest is ASML at 4.26% of the fund; the ten largest make up 23.0%. Its ten largest holdings are ASML (4.26%), Roche (2.76%), Novartis (2.61%), HSBC (2.42%), Shell (2.33%), AstraZeneca (1.92%), Nestle (1.89%), AXA (1.63%), Siemens (1.63%) and SAP (1.58%).
What were IQEX’s returns in each of the last five years?
Calendar-year returns of IQEX in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +10.3%. Past performance is not a guide to future returns.
How has IQEX done after inflation?
Over the year to 13/11/2026 IQEX’s total return was +10.9%, or +7.0% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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