# Invesco US Enhanced Equity UCITS ETF (IQUX) **Page:** https://fundology.uk/fund/iqux · ISIN IE0009EGAHL0 ## 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, IQUX (Invesco US Enhanced Equity UCITS ETF, ISIN IE0009EGAHL0) closed at £4.39 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the year to 13/11/2026 its total return was +15.4%, or +11.3% after UK CPIH inflation. ## Summary Invesco Markets II PLC - Invesco US Enhanced Equity UCITS ETF Accum Shs USD 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 0.17% a year — about £17 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: **£4.39** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IQUX | | ISIN | IE0009EGAHL0 | | Also listed as | IQUA (London Stock Exchange, US dollars) | | Category | US shares | | Type | ETF | | Provider | Invesco | | Income | Accumulating | | Ongoing charge | 0.17% a year (£17 per £10,000) | | Fund size | £237m | | Launched | 2025 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/10/2025 | ## 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 | +15.42% | +11.34% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco Markets II PLC - Invesco US Enhanced Equity UCITS ETF Accum Shs USD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +14.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +14.6% | +10.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 11.19% | -5.95% | ## Largest fall Volatility of Invesco Markets II PLC - Invesco US Enhanced Equity UCITS ETF Accum Shs USD in pounds, annualised from weekly returns to 13/11/2026: 11.2% over 1 year. Largest fall in the price of Invesco Markets II PLC - Invesco US Enhanced Equity UCITS ETF Accum Shs USD since October 2025, in pounds: −5.9% from 09/10/2026 to 06/11/2026. On 13/11/2026 the price of Invesco Markets II PLC - Invesco US Enhanced Equity UCITS ETF Accum Shs USD was 3.4% below its highest weekly close since October 2025 (09/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco Markets II PLC - Invesco US Enhanced Equity UCITS ETF Accum Shs USD 0.17% a year. Compared on 14/11/2026, 139 of the 254 other US share funds charge more, 6 the same and 109 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.17%** 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 12/11/2026, IQUX holds 251 positions, according to its published holdings. The largest is Apple at 8.00% of the fund; the ten largest make up 37.3%. ### Top holdings Largest positions (as of 12/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 8.00% | | 2 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 6.20% | | 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 5.80% | | 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 4.00% | | 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 3.80% | | 6 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 2.50% | | 7 | Meta Platforms | [META](https://fundology.uk/stock/META) | 2.10% | | 8 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 1.70% | | 9 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.60% | | 10 | Tesla | [TSLA](https://fundology.uk/stock/TSLA) | 1.60% | ## 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 12/11/2026. | Sector | Weight | |---|---| | Information Technology | 36.3% | | Financials | 13.7% | | Consumer Discretionary | 10.6% | | Health Care | 9.8% | | Communication Services | 8.1% | | Industrials | 7.4% | | Energy | 4.5% | | Consumer Staples | 4.5% | | Other sectors | 5.2% | ### By country As published for the fund, as of 12/11/2026. | Country | Weight | |---|---| | United States | 99.2% | | Switzerland | 0.5% | | Bermuda | 0.2% | | United Kingdom | 0.1% | | Netherlands | 0.1% | All 251 holdings: https://fundology.uk/fund/iqux/holdings ## Questions people ask **What is the ongoing charge of IQUX?** The ongoing charge of IQUX is 0.17% a year — about £17 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 US Enhanced Equity UCITS ETF Accum Shs USD 0.17% a year. Compared on 14/11/2026, 139 of the 254 other US share funds charge more, 6 the same and 109 less (share classes counted once). **Is IQUX accumulating or distributing?** IQUX 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 IQUX?** The ISIN of IQUX is IE0009EGAHL0. An ISIN identifies one exact share class of a fund; IQUX is its ticker on the London Stock Exchange. The same share class is also listed as IQUA (London Stock Exchange, US dollars). **What does IQUX hold?** As of 12/11/2026, IQUX holds 251 positions, according to its published holdings. The largest is Apple at 8.00% of the fund; the ten largest make up 37.3%. Its ten largest holdings are Apple (8.00%), NVIDIA (6.20%), Microsoft (5.80%), Amazon (4.00%), Alphabet · Class A (3.80%), Broadcom (2.50%), Meta Platforms (2.10%), Berkshire Hathaway · Class B (1.70%), Micron Technology (1.60%) and Tesla (1.60%). **What were IQUX’s returns in each of the last five years?** Calendar-year returns of IQUX in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +14.6%. Past performance is not a guide to future returns. **How has IQUX done after inflation?** Over the year to 13/11/2026 IQUX’s total return was +15.4%, or +11.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- 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.