# iShares Edge S&P 500 Minimum Volatility UCITS ETF (MVUS)

**Page:** https://fundology.uk/fund/mvus · ISIN IE00B6SPMN59

## 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, MVUS (iShares Edge S&P 500 Minimum Volatility UCITS ETF, ISIN IE00B6SPMN59) closed at £91.91 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 total return was +53.7%, or +20.0% after UK CPIH inflation.

## Summary

iShares Edge S&P 500 Minimum Volatility UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2012. It tracks the S&P 500 Minimum Volatility 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 0.2% 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: **£91.91** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | MVUS |
| ISIN | IE00B6SPMN59 |
| Also listed as | SPMV (London Stock Exchange, US dollars), IBCK (Xetra, euros) |
| Category | US shares |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P 500 Minimum Volatility Index |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £1.6bn |
| Launched | 2012 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 30/11/2012 |

## 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 | +12.44% | +8.46% | income reinvested |
| 3 years | +45.56% | +31.51% | income reinvested |
| 5 years | +53.68% | +19.96% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Edge S&P 500 Minimum Volatility UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −0.4%, 2023 +3.8%, 2024 +22.0%, 2025 +1.5%; 2026 to 13/11/2026 +14.7%. Returns of iShares Edge S&P 500 Minimum Volatility UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +11.1%; to 30/09/2025: +7.5%; to 30/09/2024: +19.0%; to 30/09/2023: −1.2%; to 30/09/2022: +13.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -0.4% | -8.8% | Price |
| 2023 | +3.8% | -0.3% | Price |
| 2024 | +22.0% | +17.8% | Price |
| 2025 | +1.5% | -2.0% | Price |
| 2026 to 13/11/2026 | +14.7% | +11.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 9.26% | -5.08% |
| 3 years | 9.66% | -11.84% |
| 5 years | 11.11% | -11.84% |

## Largest fall

Volatility of iShares Edge S&P 500 Minimum Volatility UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 9.3% over 1 year, 9.7% over 3 years, 11.1% over 5 years. Largest fall in the price of iShares Edge S&P 500 Minimum Volatility UCITS ETF since November 2021, in pounds: −11.8% from 07/02/2025 to 11/04/2025. The lowest 12-month return of iShares Edge S&P 500 Minimum Volatility UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −9.8% (12 months to 18/08/2023); the highest was +27.3% (12 months to 22/11/2024). On 13/11/2026 the price of iShares Edge S&P 500 Minimum Volatility UCITS ETF was at its highest weekly close since November 2021, in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Edge S&P 500 Minimum Volatility UCITS ETF 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).

## Funds tracking the same index

2 funds track S&P 500 Minimum Volatility Index, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.20% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Edge S&P 500 Minimum Volatility UCITS ETF (this fund) | 0.20% | +12.4% | +45.6% | +53.7% |
| iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist | 0.20% | +13.0% | +45.7% | +54.0% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- 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, MVUS holds 127 positions, according to its published holdings. The largest is Procter & Gamble at 2.31% of the fund; the ten largest make up 21.5%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Procter & Gamble | [PG](https://fundology.uk/stock/PG) | 2.31% |
| 2 | Visa · Class A | [V](https://fundology.uk/stock/V) | 2.29% |
| 3 | AbbVie | [ABBV](https://fundology.uk/stock/ABBV) | 2.25% |
| 4 | Berkshire Hathaway · Class B | [BRK.B](https://fundology.uk/stock/BRK.B) | 2.17% |
| 5 | Coca-Cola | [KO](https://fundology.uk/stock/KO) | 2.17% |
| 6 | Apple | [AAPL](https://fundology.uk/stock/AAPL) | 2.16% |
| 7 | Microsoft | [MSFT](https://fundology.uk/stock/MSFT) | 2.14% |
| 8 | Amazon | [AMZN](https://fundology.uk/stock/AMZN) | 2.04% |
| 9 | Accenture · Class A | [ACN](https://fundology.uk/stock/ACN) | 2.00% |
| 10 | ExxonMobil | [XOM](https://fundology.uk/stock/XOM) | 1.99% |

## 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 | 30.7% |
| Financials | 15.9% |
| Health Care | 15.4% |
| Consumer Staples | 10.4% |
| Energy | 8.3% |
| Consumer Discretionary | 6.0% |
| Industrials | 5.8% |
| Communication Services | 4.4% |
| Other sectors | 3.1% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.8% |
| Cash and money market | 0.1% |

All 129 holdings: https://fundology.uk/fund/mvus/holdings

## Questions people ask

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

The ongoing charge of MVUS 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 S&P 500 Minimum Volatility UCITS ETF 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 MVUS track?**

MVUS tracks the S&P 500 Minimum Volatility Index — about 500 of the largest companies listed in the US.

**Is MVUS accumulating or distributing?**

MVUS 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 MVUS?**

The ISIN of MVUS is IE00B6SPMN59. An ISIN identifies one exact share class of a fund; MVUS is its ticker on the London Stock Exchange. The same share class is also listed as SPMV (London Stock Exchange, US dollars) and IBCK (Xetra, euros).

**What does MVUS hold?**

As of 06/11/2026, MVUS holds 127 positions, according to its published holdings. The largest is Procter & Gamble at 2.31% of the fund; the ten largest make up 21.5%. Its ten largest holdings are Procter & Gamble (2.31%), Visa · Class A (2.29%), AbbVie (2.25%), Berkshire Hathaway · Class B (2.17%), Coca-Cola (2.17%), Apple (2.16%), Microsoft (2.14%), Amazon (2.04%), Accenture · Class A (2.00%) and ExxonMobil (1.99%).

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

Calendar-year returns of MVUS in pounds (price, with income reinvested in the fund): 2022 −0.4%, 2023 +3.8%, 2024 +22.0%, 2025 +1.5%; 2026 to 13/11/2026 +14.7%. Past performance is not a guide to future returns.

**How has MVUS done after inflation?**

Over the five years to 13/11/2026 MVUS’s total return was +53.7%, or +20.0% 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/251383/ishares-sp-500-minimum-volatility-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-edge-sp-500-minimum-volatility-ucits-etf-usd-acc-gb-ie00b6spmn59-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/spmv-ishares-edge-s-p-500-minimum-volatility-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.