# iShares Edge MSCI USA Value Factor UCITS ETF (IUVF) **Source:** https://fundology.uk/fund/iuvf · ISIN IE00BD1F4M44 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (iShares), 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 01/10/2026, IUVF (iShares Edge MSCI USA Value Factor UCITS ETF, ISIN IE00BD1F4M44) closed at £14.30 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 01/10/2026 its total return was +118.6%, or +70.9% after UK CPIH inflation. ## Summary iShares Edge MSCI USA Value Factor UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2016. It tracks the MSCI USA Enhanced Value. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 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: **£14.30** (01/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IUVF | | ISIN | IE00BD1F4M44 | | Category | US shares | | Type | ETF | | Provider | iShares | | Tracks | MSCI USA Enhanced Value | | Income | Accumulating | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £2.1bn | | Launched | 2016 | | Domicile | Ireland | ## Past returns (periods to 01/10/2026) 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 | +63.12% | +58.00% | income reinvested | | 3 years | +112.94% | +92.16% | income reinvested | | 5 years | +118.64% | +70.92% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares Edge MSCI USA Value Factor UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −4.6%, 2023 +8.3%, 2024 +8.5%, 2025 +22.3%; 2026 to 01/10/2026 +48.8%. Returns of iShares Edge MSCI USA Value Factor UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +64.8%; to 30/09/2025: +15.9%; to 30/09/2024: +12.0%; to 30/09/2023: +2.4%; to 30/09/2022: +2.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -4.6% | -12.7% | Price | | 2023 | +8.3% | +4.0% | Price | | 2024 | +8.5% | +4.8% | Price | | 2025 | +22.3% | +18.1% | Price | | 2026 to 01/10/2026 | +48.8% | +44.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 16.89% | -7.80% | | 3 years | 15.39% | -18.10% | | 5 years | 15.62% | -18.10% | ## Largest fall Volatility of iShares Edge MSCI USA Value Factor UCITS ETF in pounds, annualised from weekly returns to 01/10/2026: 16.9% over 1 year, 15.4% over 3 years, 15.6% over 5 years. Largest fall in the price of iShares Edge MSCI USA Value Factor UCITS ETF since October 2021, in pounds: −18.1% from 22/11/2024 to 11/04/2025. The lowest 12-month return of iShares Edge MSCI USA Value Factor UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −11.0% (12 months to 05/05/2023); the highest was +89.6% (12 months to 29/05/2026). On 01/10/2026 the price of iShares Edge MSCI USA Value Factor UCITS ETF was 2.3% below its highest weekly close since October 2021 (26/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Edge MSCI USA Value Factor UCITS ETF 0.20% a year, as of 02/10/2026: 67 of the 208 other US share funds charge more, 33 the same and 108 less (share classes counted once). ## Funds tracking the same index 2 funds track MSCI USA Enhanced Value, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.20% a year (01/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares Edge MSCI USA Value Factor UCITS ETF (this fund) | 0.20% | +63.1% | +112.9% | +118.6% | | iShares Edge MSCI USA Value Factor UCITS ETF | 0.20% | +63.8% | +116.3% | +121.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes ## What it holds As of 30/09/2026, IUVF holds 146 positions, according to the holdings iShares publishes. The largest is Micron Technology at 23.81% of the fund; the ten largest make up 46.0%. ### Top holdings Largest positions (as of 30/09/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 23.81% | | 2 | Cisco Systems | [CSCO](https://fundology.uk/stock/CSCO) | 4.19% | | 3 | General Motors | [GM](https://fundology.uk/stock/GM) | 3.35% | | 4 | Verizon Communications | [VZ](https://fundology.uk/stock/VZ) | 2.82% | | 5 | AT&T | [T](https://fundology.uk/stock/T) | 2.59% | | 6 | Hewlett Packard Enterprise | [HPE](https://fundology.uk/stock/HPE) | 2.03% | | 7 | Bank of America | [BAC](https://fundology.uk/stock/BAC) | 1.88% | | 8 | Dell Technologies · Class C | [DELL](https://fundology.uk/stock/DELL) | 1.83% | | 9 | Pfizer | [PFE](https://fundology.uk/stock/PFE) | 1.77% | | 10 | Qualcomm | [QCOM](https://fundology.uk/stock/QCOM) | 1.72% | Source: iShares, holdings as published, as of 30/09/2026. ## 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 30/09/2026. | Sector | Weight | |---|---| | Information Technology | 43.5% | | Financials | 10.6% | | Communication Services | 9.3% | | Consumer Discretionary | 8.5% | | Health Care | 8.0% | | Industrials | 7.5% | | Consumer Staples | 4.3% | | Energy | 3.3% | | Other sectors | 5.1% | ### By type of asset Added up from the holdings iShares publishes, as of 30/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.7% | | Cash and money market | 0.4% | All 150 holdings: https://fundology.uk/fund/iuvf/holdings ## Questions people ask **What is the ongoing charge of IUVF?** The ongoing charge of IUVF is 0.20% a year — about £20 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 Edge MSCI USA Value Factor UCITS ETF 0.20% a year, as of 02/10/2026: 67 of the 208 other US share funds charge more, 33 the same and 108 less (share classes counted once). **What does IUVF track?** IUVF tracks the MSCI USA Enhanced Value. **Is IUVF accumulating or distributing?** IUVF 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 IUVF?** The ISIN of IUVF is IE00BD1F4M44. An ISIN identifies one exact share class of a fund; IUVF is its ticker on the London Stock Exchange. **What does IUVF hold?** As of 30/09/2026, IUVF holds 146 positions, according to the holdings iShares publishes. The largest is Micron Technology at 23.81% of the fund; the ten largest make up 46.0%. Its ten largest holdings are Micron Technology (23.81%), Cisco Systems (4.19%), General Motors (3.35%), Verizon Communications (2.82%), AT&T (2.59%), Hewlett Packard Enterprise (2.03%), Bank of America (1.88%), Dell Technologies · Class C (1.83%), Pfizer (1.77%) and Qualcomm (1.72%). **What were IUVF’s returns in each of the last five years?** Calendar-year returns of IUVF in pounds (price, with income reinvested in the fund): 2022 −4.6%, 2023 +8.3%, 2024 +8.5%, 2025 +22.3%; 2026 to 01/10/2026 +48.8%. Past performance is not a guide to future returns. **How has IUVF done after inflation?** Over the five years to 01/10/2026 IUVF’s total return was +118.6%, or +70.9% 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.