# iShares MSCI USA Swap UCITS ETF AccumUSD (MUSD) **Page:** https://fundology.uk/fund/musd · ISIN IE0002W8NB38 ## 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, MUSD (iShares MSCI USA Swap UCITS ETF AccumUSD, ISIN IE0002W8NB38) closed at £7.83 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the year to 13/11/2026 its total return was +11.0%, or +7.0% after UK CPIH inflation. ## Summary iShares MSCI USA Swap UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2022. It tracks the MSCI USA. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.05% a year — about £5 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: **£7.83** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | MUSD | | ISIN | IE0002W8NB38 | | Category | US shares | | Type | ETF | | Provider | iShares | | Tracks | MSCI USA | | Income | Accumulating | | Ongoing charge | 0.05% a year (£5 per £10,000) | | Fund size | £6.0bn | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 27/11/2022 | ## 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 | +10.97% | +7.04% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of iShares MSCI USA Swap UCITS ETF AccumUSD 0.05% a year. Compared on 14/11/2026, 224 of the 254 other US share funds charge more, 16 the same and 14 less (share classes counted once). ## Funds tracking the same index 18 funds track MSCI USA, this one included and share classes counted once; their ongoing charges range from 0.03% to 0.30% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi Core MSCI USA UCITS ETF USD | 0.03% | +10.6% | — | — | | Amundi Index Solutions SICAV - Amundi Core MSCI USA Swap -UCITS ETF GBP H D- Distribution | 0.07% | — | — | — | | Amundi Index Solutions SICAV - Amundi Core MSCI USA Swap Capitalisation -UCITS ETF A- | 0.05% | — | — | — | | Deka MSCI USA UCITS ETF | 0.30% | +5.0% | +56.0% | +59.8% | | Invesco MSCI USA UCITS ETF Acc | 0.05% | +11.6% | +65.7% | +73.6% | | Invesco MSCI USA UCITS ETF USD | 0.05% | +11.5% | +65.5% | +73.5% | | iShares MSCI USA Swap UCITS ETF AccumUSD (this fund) | 0.05% | +11.0% | — | — | | iShares MSCI USA Swap UCITS ETF Hedged GBP | 0.05% | +11.5% | — | — | | iShares MSCI USA UCITS ETF | 0.07% | +10.9% | +65.0% | +71.7% | | UBS (Irl) Fund Solutions PLC - UBS MSCI USA SF UCITS ETF Accum Shs USD | 0.15% | +8.1% | +60.1% | +64.7% | | UBS Core MSCI USA UCITS ETF Accum -A- USD | 0.03% | +11.5% | — | +72.2% | | UBS Core MSCI USA UCITS ETF Class -A- USD | 0.03% | +10.9% | +65.1% | +71.8% | | UBS ETF SICAV - UBS ETF - MSCI USA UCITS ETF A Distribution | 0.14% | +10.8% | +60.1% | +69.5% | | Xtrackers (IE) plc - Xtrackers MSCI USA Swap II UCITS ETF Accum-1C- USD | 0.04% | — | — | — | | Xtrackers MSCI USA Swap II UCITS ETF -1D- USD | 0.04% | — | — | — | | Xtrackers MSCI USA Swap UCITS ETF | 0.07% | +10.9% | — | — | | Xtrackers MSCI USA SWAP UCITS ETF Capitalisation 1C | 0.15% | +10.8% | +65.2% | +72.5% | | Xtrackers MSCI USA UCITS ETF | 0.04% | +10.8% | +64.9% | +71.8% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.05%** 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. ## Questions people ask **What is the ongoing charge of MUSD?** The ongoing charge of MUSD is 0.05% a year — about £5 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 USA Swap UCITS ETF AccumUSD 0.05% a year. Compared on 14/11/2026, 224 of the 254 other US share funds charge more, 16 the same and 14 less (share classes counted once). **What does MUSD track?** MUSD tracks the MSCI USA. **Is MUSD accumulating or distributing?** MUSD 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 MUSD?** The ISIN of MUSD is IE0002W8NB38. An ISIN identifies one exact share class of a fund; MUSD is its ticker on the London Stock Exchange. **How has MUSD done after inflation?** Over the year to 13/11/2026 MUSD’s total return was +11.0%, or +7.0% 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/329501/ishares-msci-usa-swap-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-usa-swap-ucits-etf-usd-acc-gb-ie0002w8nb38-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/musd-ishares-msci-usa-swap-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- 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.