# iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD (MVEA)

**Page:** https://fundology.uk/fund/mvea · ISIN IE00BKVL7331

## 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, MVEA (iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD, ISIN IE00BKVL7331) closed at £7.14 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its price changed by +36.5%, or +6.5% after UK CPIH inflation.

## Summary

iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2020. It tracks the MSCI USA Minimum Volatility Advanced Select Index. 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: **£7.14** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | MVEA |
| ISIN | IE00BKVL7331 |
| Category | US shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI USA Minimum Volatility Advanced Select Index |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £98.9m |
| Launched | 2020 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/04/2020 |

## 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 | +11.74% | +7.79% | income reinvested |
| 3 years | +30.83% | +18.20% | income reinvested |
| 5 years | +36.46% | +6.52% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2022 −1.4%, 2023 +6.4%, 2024 +16.5%, 2025 −5.4%; 2026 to 13/11/2026 +14.7%. Returns of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +6.2%; to 30/09/2025: +1.1%; to 30/09/2024: +15.8%; to 30/09/2023: +2.1%; to 30/09/2022: +8.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -1.4% | -9.7% | Price |
| 2023 | +6.4% | +2.1% | Price |
| 2024 | +16.5% | +12.5% | Price |
| 2025 | -5.4% | -8.6% | Price |
| 2026 to 13/11/2026 | +14.7% | +11.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 9.27% | -4.92% |
| 3 years | 9.64% | -12.21% |
| 5 years | 11.27% | -12.21% |

## Largest fall

Volatility of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 9.3% over 1 year, 9.6% over 3 years, 11.3% over 5 years. Largest fall in the price of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD since November 2021, in pounds: −12.2% from 22/11/2024 to 11/04/2025. The lowest 12-month return of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since January 2021 was −8.9% (12 months to 30/01/2026); the highest was +25.3% (12 months to 22/11/2024). On 13/11/2026 the price of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD was at its highest weekly close since November 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Edge MSCI USA Minimum Volatility Advanced UCITS ETF AccumUSD 0.20% a year. Compared on 14/11/2026, 85 of the 254 other US share funds charge more, 44 the same and 125 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** 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, MVEA holds 164 positions, according to its published holdings. The largest is McKesson at 1.80% of the fund; the ten largest make up 16.0%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | McKesson | [MCK](https://fundology.uk/stock/MCK) | 1.80% |
| 2 | Mastercard · Class A | [MA](https://fundology.uk/stock/MA) | 1.64% |
| 3 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 1.63% |
| 4 | Travelers Companies | [TRV](https://fundology.uk/stock/TRV) | 1.62% |
| 5 | Motorola Solutions | [MSI](https://fundology.uk/stock/MSI) | 1.59% |
| 6 | Coca-Cola | [KO](https://fundology.uk/stock/KO) | 1.58% |
| 7 | Visa · Class A | [V](https://fundology.uk/stock/V) | 1.56% |
| 8 | Chubb | [CB](https://fundology.uk/stock/CB) | 1.54% |
| 9 | Welltower | [WELL](https://fundology.uk/stock/WELL) | 1.54% |
| 10 | Chevron | [CVX](https://fundology.uk/stock/CVX) | 1.51% |

## 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 |
|---|---|
| Information Technology | 29.8% |
| Financials | 15.3% |
| Health Care | 15.1% |
| Consumer Staples | 10.1% |
| Industrials | 6.1% |
| Energy | 5.2% |
| Utilities | 4.3% |
| Consumer Discretionary | 4.3% |
| Other sectors | 9.8% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.5% |
| Cash and money market | 0.5% |

All 166 holdings: https://fundology.uk/fund/mvea/holdings

## Questions people ask

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

The ongoing charge of MVEA 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 Minimum Volatility Advanced UCITS ETF AccumUSD 0.20% a year. Compared on 14/11/2026, 85 of the 254 other US share funds charge more, 44 the same and 125 less (share classes counted once).

**What does MVEA track?**

MVEA tracks the MSCI USA Minimum Volatility Advanced Select Index.

**Is MVEA accumulating or distributing?**

MVEA 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 MVEA?**

The ISIN of MVEA is IE00BKVL7331. An ISIN identifies one exact share class of a fund; MVEA is its ticker on the London Stock Exchange.

**What does MVEA hold?**

As of 06/11/2026, MVEA holds 164 positions, according to its published holdings. The largest is McKesson at 1.80% of the fund; the ten largest make up 16.0%. Its ten largest holdings are McKesson (1.80%), Mastercard · Class A (1.64%), Microsoft (1.63%), Travelers Companies (1.62%), Motorola Solutions (1.59%), Coca-Cola (1.58%), Visa · Class A (1.56%), Chubb (1.54%), Welltower (1.54%) and Chevron (1.51%).

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

Calendar-year returns of MVEA in pounds (price, with income reinvested in the fund): 2022 −1.4%, 2023 +6.4%, 2024 +16.5%, 2025 −5.4%; 2026 to 13/11/2026 +14.7%. Past performance is not a guide to future returns.

**How has MVEA done after inflation?**

Over the five years to 13/11/2026 MVEA’s price changed by +36.5%, or +6.5% 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/313214/ishares-edge-msci-usa-minimum-volatility-advanced-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-edge-msci-usa-minimum-volatility-advanced-ucits-etf-usd-acc-gb-ie00bkvl7331-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/mvea-ishares-edge-msci-usa-minimum-volatility-advanced-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.