# iShares MSCI World EUR Hedged UCITS ETF (Acc) (IWDE)

**Source:** https://fundology.uk/fund/iwde · ISIN IE00B441G979 · 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, IWDE (iShares MSCI World EUR Hedged UCITS ETF (Acc), ISIN IE00B441G979) closed at €118.21 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 01/10/2026 its total return was +62.2%, or +26.8% after UK CPIH inflation.

## Summary

iShares MSCI World EUR Hedged UCITS ETF (Acc) is an exchange-traded fund (ETF) from iShares, launched in 2010. It tracks the MSCI World 100% Hedged to EUR Net Variant — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it 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 0.55% a year — about £55 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **€118.21** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IWDE |
| ISIN | IE00B441G979 |
| Category | Global shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI World 100% Hedged to EUR Net Variant |
| Income | Accumulating |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £3.5bn |
| Launched | 2010 |
| 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 | +11.91% | +8.39% | income reinvested |
| 3 years | +66.81% | +50.53% | income reinvested |
| 5 years | +62.24% | +26.82% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares MSCI World EUR Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund): 2022 −13.8%, 2023 +18.7%, 2024 +15.3%, 2025 +21.7%; 2026 to 01/10/2026 +7.0%. Returns of iShares MSCI World EUR Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +13.3%; to 30/09/2025: +19.3%; to 30/09/2024: +23.5%; to 30/09/2023: +13.8%; to 30/09/2022: −15.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -13.8% | -21.1% | Price |
| 2023 | +18.7% | +14.0% | Price |
| 2024 | +15.3% | +11.4% | Price |
| 2025 | +21.7% | +17.5% | Price |
| 2026 to 01/10/2026 | +7.0% | +4.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.33% | -8.33% |
| 3 years | 12.45% | -13.07% |
| 5 years | 14.14% | -21.14% |

## Largest fall

Volatility of iShares MSCI World EUR Hedged UCITS ETF (Acc) in pounds, annualised from weekly returns to 01/10/2026: 12.3% over 1 year, 12.4% over 3 years, 14.1% over 5 years. Largest fall in the price of iShares MSCI World EUR Hedged UCITS ETF (Acc) since October 2021, in pounds: −21.1% from 05/11/2021 to 14/10/2022. The lowest 12-month return of iShares MSCI World EUR Hedged UCITS ETF (Acc) in pounds (price, with income reinvested in the fund) since January 2021 was −17.9% (12 months to 04/11/2022); the highest was +33.9% (12 months to 17/04/2026). On 01/10/2026 the price of iShares MSCI World EUR Hedged UCITS ETF (Acc) was 2.8% below its highest weekly close since October 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares MSCI World EUR Hedged UCITS ETF (Acc) 0.55% a year, as of 02/10/2026: 28 of the 212 other global share funds charge more, 3 the same and 181 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 30/09/2026, IWDE holds 1,249 positions, according to the holdings iShares publishes. The largest is NVIDIA at 5.75% of the fund; the ten largest make up 28.3%.

### Top holdings

Largest positions (as of 30/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA | [NVDA](https://fundology.uk/stock/NVDA) | 5.75% |
| 2 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 5.35% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 3.96% |
| 4 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 2.64% |
| 5 | Alphabet · Class A | [GOOGL](https://fundology.uk/stock/GOOGL) | 2.21% |
| 6 | USD Cash | — | 1.83% |
| 7 | Alphabet · Class C | [GOOG](https://fundology.uk/stock/GOOG) | 1.74% |
| 8 | Broadcom | [AVGO](https://fundology.uk/stock/AVGO) | 1.74% |
| 9 | Meta Platforms · Class A | [META](https://fundology.uk/stock/META) | 1.74% |
| 10 | Micron Technology | [MU](https://fundology.uk/stock/MU) | 1.32% |

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 | 31.5% |
| Financials | 15.6% |
| Industrials | 10.7% |
| Health Care | 9.1% |
| Consumer Discretionary | 8.3% |
| Communication Services | 8.2% |
| Consumer Staples | 4.7% |
| Energy | 4.0% |
| Other sectors | 8.0% |

### By country

As published by iShares, as of 30/09/2026.

| Country | Weight |
|---|---|
| United States | 72.2% |
| Japan | 5.9% |
| United Kingdom | 3.4% |
| Canada | 3.3% |
| France | 2.2% |
| Switzerland | 2.1% |
| Germany | 2.0% |
| Australia | 1.5% |
| Other countries | 7.5% |

### By type of asset

Added up from the holdings iShares publishes, as of 30/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 99.1% |
| Cash and money market | 3.0% |
| Derivatives | 0.1% |

The 1,221 holdings on record (of 1,249 iShares reports): https://fundology.uk/fund/iwde/holdings

## Questions people ask

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

The ongoing charge of IWDE is 0.55% a year — about £55 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 World EUR Hedged UCITS ETF (Acc) 0.55% a year, as of 02/10/2026: 28 of the 212 other global share funds charge more, 3 the same and 181 less (share classes counted once).

**What does IWDE track?**

IWDE tracks the MSCI World 100% Hedged to EUR Net Variant — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.

**Is IWDE accumulating or distributing?**

IWDE 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 IWDE?**

The ISIN of IWDE is IE00B441G979. An ISIN identifies one exact share class of a fund; IWDE is its ticker on the London Stock Exchange.

**What does IWDE hold?**

As of 30/09/2026, IWDE holds 1,249 positions, according to the holdings iShares publishes. The largest is NVIDIA at 5.75% of the fund; the ten largest make up 28.3%. Its ten largest holdings are NVIDIA (5.75%), Apple (5.35%), Microsoft (3.96%), Amazon (2.64%), Alphabet · Class A (2.21%), USD Cash (1.83%), Alphabet · Class C (1.74%), Broadcom (1.74%), Meta Platforms · Class A (1.74%) and Micron Technology (1.32%).

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

Calendar-year returns of IWDE in pounds (price, with income reinvested in the fund): 2022 −13.8%, 2023 +18.7%, 2024 +15.3%, 2025 +21.7%; 2026 to 01/10/2026 +7.0%. Past performance is not a guide to future returns.

**How has IWDE done after inflation?**

Over the five years to 01/10/2026 IWDE’s total return was +62.2%, or +26.8% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.