# iShares MSCI France UCITS ETF (ISFR)

**Page:** https://fundology.uk/fund/isfr · ISIN IE00BP3QZJ36

## 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, ISFR (iShares MSCI France UCITS ETF, ISIN IE00BP3QZJ36) closed at £55.10 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was +31.8%, or +2.9% after UK CPIH inflation.

## Summary

iShares MSCI France UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2014. It tracks the MSCI France. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 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: **£55.10** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ISFR |
| ISIN | IE00BP3QZJ36 |
| Also listed as | IS3U (Xetra, euros) |
| Category | European shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI France |
| Income | Accumulating |
| Ongoing charge | 0.25% a year (£25 per £10,000) |
| Fund size | £147m |
| Launched | 2014 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 05/09/2014 |

## 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 | +0.38% | -3.17% | income reinvested |
| 3 years | +24.68% | +12.64% | income reinvested |
| 5 years | +31.85% | +2.91% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares MSCI France UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −1.2%, 2023 +15.1%, 2024 −4.8%, 2025 +21.7%; 2026 to 13/11/2026 +1.1%. Returns of iShares MSCI France UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +0.1%; to 30/09/2025: +11.5%; to 30/09/2024: +8.7%; to 30/09/2023: +23.5%; to 30/09/2022: −7.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -1.2% | -9.5% | Price |
| 2023 | +15.1% | +10.5% | Price |
| 2024 | -4.8% | -8.1% | Price |
| 2025 | +21.7% | +17.5% | Price |
| 2026 to 13/11/2026 | +1.1% | -2.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 15.74% | -12.20% |
| 3 years | 14.62% | -12.93% |
| 5 years | 16.16% | -16.98% |

## Largest fall

Volatility of iShares MSCI France UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 15.7% over 1 year, 14.6% over 3 years, 16.2% over 5 years. Largest fall in the price of iShares MSCI France UCITS ETF since November 2021, in pounds: −16.4% from 07/01/2022 to 04/03/2022. The lowest 12-month return of iShares MSCI France UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −8.2% (12 months to 17/06/2022); the highest was +32.1% (12 months to 03/03/2023). On 13/11/2026 the price of iShares MSCI France UCITS ETF was 5.9% below its highest weekly close since November 2021 (04/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI France UCITS ETF 0.25% a year. Compared on 14/11/2026, 88 of the 242 other European share funds charge more, 24 the same and 130 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.25%** per year
- 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 06/11/2026, ISFR holds 54 positions, according to its published holdings. The largest is TotalEnergies at 8.47% of the fund; the ten largest make up 59.0%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | TotalEnergies | [TTE](https://fundology.uk/stock/TTE) | 8.47% |
| 2 | Schneider Electric | [SU](https://fundology.uk/stock/SU) | 6.89% |
| 3 | Airbus Group | — | 6.40% |
| 4 | Lair Liquide Societe Anonyme Pour | — | 6.40% |
| 5 | L'Oréal | [OR](https://fundology.uk/stock/OR) | 5.90% |
| 6 | Safran | [SAF](https://fundology.uk/stock/SAF) | 5.59% |
| 7 | LVMH | — | 5.55% |
| 8 | Sanofi | [SAN](https://fundology.uk/stock/EURONEXT:SAN) | 5.02% |
| 9 | BNP Paribas | [BNP](https://fundology.uk/stock/BNP) | 4.99% |
| 10 | AXA | [CS](https://fundology.uk/stock/CS) | 3.84% |

## 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 06/11/2026.

| Sector | Weight |
|---|---|
| Industrials | 29.5% |
| Financials | 12.9% |
| Consumer Discretionary | 11.0% |
| Health Care | 9.8% |
| Consumer Staples | 9.4% |
| Energy | 8.5% |
| Materials | 7.7% |
| Utilities | 3.5% |
| Other sectors | 7.8% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

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

All 59 holdings: https://fundology.uk/fund/isfr/holdings

## Questions people ask

**What is the ongoing charge of ISFR?**

The ongoing charge of ISFR is 0.25% a year — about £25 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 MSCI France UCITS ETF 0.25% a year. Compared on 14/11/2026, 88 of the 242 other European share funds charge more, 24 the same and 130 less (share classes counted once).

**What does ISFR track?**

ISFR tracks the MSCI France.

**Is ISFR accumulating or distributing?**

ISFR 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 ISFR?**

The ISIN of ISFR is IE00BP3QZJ36. An ISIN identifies one exact share class of a fund; ISFR is its ticker on the London Stock Exchange. The same share class is also listed as IS3U (Xetra, euros).

**What does ISFR hold?**

As of 06/11/2026, ISFR holds 54 positions, according to its published holdings. The largest is TotalEnergies at 8.47% of the fund; the ten largest make up 59.0%. Its ten largest holdings are TotalEnergies (8.47%), Schneider Electric (6.89%), Airbus Group (6.40%), Lair Liquide Societe Anonyme Pour (6.40%), L'Oréal (5.90%), Safran (5.59%), LVMH (5.55%), Sanofi (5.02%), BNP Paribas (4.99%) and AXA (3.84%).

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

Calendar-year returns of ISFR in pounds (price, with income reinvested in the fund): 2022 −1.2%, 2023 +15.1%, 2024 −4.8%, 2025 +21.7%; 2026 to 13/11/2026 +1.1%. Past performance is not a guide to future returns.

**How has ISFR done after inflation?**

Over the five years to 13/11/2026 ISFR’s total return was +31.8%, or +2.9% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/269829/ishares-msci-france-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-france-ucits-etf-eur-acc-gb-ie00bp3qzj36-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ifre-ishares-msci-france-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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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.