# iShares S&P 500 Communication Sector UCITS ETF (IUCM)

**Page:** https://fundology.uk/fund/iucm · ISIN IE00BDDRF478

## 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, IUCM (iShares S&P 500 Communication Sector UCITS ETF, ISIN IE00BDDRF478) closed at $13.30 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was +52.5%, or +19.0% after UK CPIH inflation.

## Summary

iShares S&P 500 Communication Sector UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the S&P 500 Capped 35/20 Communication Services Index — about 500 of the largest companies listed in the US. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 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: **$13.30** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IUCM |
| ISIN | IE00BDDRF478 |
| Also listed as | IU5C (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P 500 Capped 35/20 Communication Services Index |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £881m |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 17/09/2018 |

## 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 | -4.23% | -7.62% | income reinvested |
| 3 years | +63.81% | +48.00% | income reinvested |
| 5 years | +52.49% | +19.03% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares S&P 500 Communication Sector UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −33.4%, 2023 +47.3%, 2024 +42.4%, 2025 +15.2%; 2026 to 13/11/2026 −3.3%. Returns of iShares S&P 500 Communication Sector UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +5.9%; to 30/09/2025: +33.1%; to 30/09/2024: +28.2%; to 30/09/2023: +21.9%; to 30/09/2022: −25.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -33.4% | -39.0% | Price |
| 2023 | +47.3% | +41.4% | Price |
| 2024 | +42.4% | +37.6% | Price |
| 2025 | +15.2% | +11.3% | Price |
| 2026 to 13/11/2026 | -3.3% | -6.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 16.80% | -16.33% |
| 3 years | 15.70% | -19.35% |
| 5 years | 17.79% | -35.78% |

## Largest fall

Volatility of iShares S&P 500 Communication Sector UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 16.8% over 1 year, 15.7% over 3 years, 17.8% over 5 years. Largest fall in the price of iShares S&P 500 Communication Sector UCITS ETF since November 2021, in pounds: −35.4% from 19/11/2021 to 16/12/2022. The lowest 12-month return of iShares S&P 500 Communication Sector UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −35.4% (12 months to 04/11/2022); the highest was +48.0% (12 months to 13/12/2024). On 13/11/2026 the price of iShares S&P 500 Communication Sector UCITS ETF was 9.9% below its highest weekly close since November 2021 (15/05/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares S&P 500 Communication Sector UCITS ETF 0.15% a year. Compared on 14/11/2026, 134 of the 164 other single-sector funds charge more, 15 the same and 15 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** 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 06/11/2026, IUCM holds 22 positions, according to its published holdings. The largest is Meta Platforms · Class A at 16.05% of the fund; the ten largest make up 91.7%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 16.05% |
| 2 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 15.44% |
| 3 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 12.47% |
| 4 | Netflix | [NFLX](https://fundology.uk/stock/NFLX) | 11.74% |
| 5 | Walt Disney | [DIS](https://fundology.uk/stock/DIS) | 8.96% |
| 6 | Verizon Communications | [VZ](https://fundology.uk/stock/VZ) | 8.44% |
| 7 | AT&T | [T](https://fundology.uk/stock/T) | 6.59% |
| 8 | Applovin · Class A | [APP](https://fundology.uk/stock/APP) | 4.71% |
| 9 | Comcast · Class A | [CMCSA](https://fundology.uk/stock/CMCSA) | 3.84% |
| 10 | T-Mobile US | [TMUS](https://fundology.uk/stock/TMUS) | 3.48% |

## 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 |
|---|---|
| Interactive Media & Services | 44.6% |
| Movies & Entertainment | 22.4% |
| Integrated Telecommunication Services | 18.9% |
| Advertising | 5.8% |
| Wireless Telecommunication Services | 3.5% |
| Interactive Home | 1.7% |
| Cable & Satellite | 1.2% |
| Broadcasting | 1.1% |
| Other sectors | 0.9% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.7% |
| Cash and money market | 0.3% |

All 25 holdings: https://fundology.uk/fund/iucm/holdings

## Questions people ask

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

The ongoing charge of IUCM is 0.15% a year — about £15 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 S&P 500 Communication Sector UCITS ETF 0.15% a year. Compared on 14/11/2026, 134 of the 164 other single-sector funds charge more, 15 the same and 15 less (share classes counted once).

**What does IUCM track?**

IUCM tracks the S&P 500 Capped 35/20 Communication Services Index — about 500 of the largest companies listed in the US.

**Is IUCM accumulating or distributing?**

IUCM 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 IUCM?**

The ISIN of IUCM is IE00BDDRF478. An ISIN identifies one exact share class of a fund; IUCM is its ticker on the London Stock Exchange. The same share class is also listed as IU5C (Xetra, euros).

**What does IUCM hold?**

As of 06/11/2026, IUCM holds 22 positions, according to its published holdings. The largest is Meta Platforms · Class A at 16.05% of the fund; the ten largest make up 91.7%. Its ten largest holdings are Meta Platforms · Class A (16.05%), Alphabet · Class A (15.44%), Alphabet · Class C (12.47%), Netflix (11.74%), Walt Disney (8.96%), Verizon Communications (8.44%), AT&T (6.59%), Applovin · Class A (4.71%), Comcast · Class A (3.84%) and T-Mobile US (3.48%).

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

Calendar-year returns of IUCM in pounds (price, with income reinvested in the fund): 2022 −33.4%, 2023 +47.3%, 2024 +42.4%, 2025 +15.2%; 2026 to 13/11/2026 −3.3%. Past performance is not a guide to future returns.

**How has IUCM done after inflation?**

Over the five years to 13/11/2026 IUCM’s total return was +52.5%, or +19.0% 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/304659/ishares-s-p-500-communication-sector-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-sp-500-communication-sector-ucits-etf-usd-acc-gb-ie00bddrf478-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/iucm-ishares-s-p-500-communication-sector-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.