# Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD (MWEP) **Page:** https://fundology.uk/fund/mwep · ISIN IE000OEF25S1 ## 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, MWEP (Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD, ISIN IE000OEF25S1) closed at £5.19 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the year to 13/11/2026 its total return was +12.1%, or +8.2% after UK CPIH inflation. ## Summary Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD is an exchange-traded fund (ETF) from Invesco, launched in 2024. It tracks the MSCI World Equal Weighted Index — 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 0.2% 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: **£5.19** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | MWEP | | ISIN | IE000OEF25S1 | | Also listed as | MWEQ (London Stock Exchange, US dollars) | | Category | Global shares | | Type | ETF | | Provider | Invesco | | Tracks | MSCI World Equal Weighted Index | | Income | Accumulating | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £1.8bn | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 04/09/2024 | ## 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 | +12.14% | +8.17% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD in pounds (price, with income reinvested in the fund): 2025 +12.6%; 2026 to 13/11/2026 +13.3%. Returns of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +11.6%; to 30/09/2025: +13.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +12.6% | +8.7% | Price | | 2026 to 13/11/2026 | +13.3% | +9.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 10.68% | -7.71% | ## Largest fall Volatility of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 10.7% over 1 year. Largest fall in the price of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD since September 2024, in pounds: −11.6% from 31/01/2025 to 11/04/2025. The lowest 12-month return of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD in pounds (price, with income reinvested in the fund) since September 2024 was +7.0% (12 months to 21/11/2025); the highest was +26.2% (12 months to 10/04/2026). On 13/11/2026 the price of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD was 0.2% below its highest weekly close since September 2024 (14/08/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD 0.20% a year. Compared on 14/11/2026, 135 of the 207 other global share funds charge more, 17 the same and 55 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 12/11/2026, MWEP holds 1,247 positions, according to its published holdings. The largest is Kimberly-Clark at 0.15% of the fund; the ten largest make up 1.2%. ### Top holdings Largest positions (as of 12/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Kimberly-Clark | [KMB](https://fundology.uk/stock/KMB) | 0.15% | | 2 | Shell | [SHEL](https://fundology.uk/stock/SHEL) | 0.15% | | 3 | Genmab | [GMAB](https://fundology.uk/stock/GMAB) | 0.13% | | 4 | Poste Italiane | [PST](https://fundology.uk/stock/PST) | 0.13% | | 5 | Accenture · Class A | [ACN](https://fundology.uk/stock/ACN) | 0.11% | | 6 | Applovin · Class A | [APP](https://fundology.uk/stock/APP) | 0.11% | | 7 | Cboe Global Markets | [CBOE](https://fundology.uk/stock/CBOE) | 0.11% | | 8 | KONAMI Group | [9766](https://fundology.uk/stock/9766) | 0.11% | | 9 | Obic | [4684](https://fundology.uk/stock/4684) | 0.11% | | 10 | Okta | [OKTA](https://fundology.uk/stock/OKTA) | 0.11% | ## 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 12/11/2026. | Sector | Weight | |---|---| | Industrials | 19.3% | | Financials | 18.6% | | Information Technology | 10.1% | | Health Care | 9.7% | | Consumer Discretionary | 9.4% | | Consumer Staples | 7.3% | | Materials | 6.8% | | Utilities | 6.1% | | Other sectors | 12.8% | ### By country As published for the fund, as of 12/11/2026. | Country | Weight | |---|---| | United States | 42.3% | | Japan | 13.4% | | Canada | 5.9% | | United Kingdom | 4.7% | | France | 3.9% | | Germany | 3.8% | | Australia | 3.6% | | Switzerland | 3.0% | | Other countries | 19.3% | ### By type of asset Added up from the fund’s published holdings, as of 12/11/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | The 1,246 holdings on record (of 1,247 reported): https://fundology.uk/fund/mwep/holdings ## Questions people ask **What is the ongoing charge of MWEP?** The ongoing charge of MWEP 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 Invesco MSCI World Equal Weight UCITS ETF Acc AccumUSD 0.20% a year. Compared on 14/11/2026, 135 of the 207 other global share funds charge more, 17 the same and 55 less (share classes counted once). **What does MWEP track?** MWEP tracks the MSCI World Equal Weighted Index — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US. **Is MWEP accumulating or distributing?** MWEP 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 MWEP?** The ISIN of MWEP is IE000OEF25S1. An ISIN identifies one exact share class of a fund; MWEP is its ticker on the London Stock Exchange. The same share class is also listed as MWEQ (London Stock Exchange, US dollars). **What does MWEP hold?** As of 12/11/2026, MWEP holds 1,247 positions, according to its published holdings. The largest is Kimberly-Clark at 0.15% of the fund; the ten largest make up 1.2%. Its ten largest holdings are Kimberly-Clark (0.15%), Shell (0.15%), Genmab (0.13%), Poste Italiane (0.13%), Accenture · Class A (0.11%), Applovin · Class A (0.11%), Cboe Global Markets (0.11%), KONAMI Group (0.11%), Obic (0.11%) and Okta (0.11%). **What were MWEP’s returns in each of the last five years?** Calendar-year returns of MWEP in pounds (price, with income reinvested in the fund): 2025 +12.6%; 2026 to 13/11/2026 +13.3%. Past performance is not a guide to future returns. **How has MWEP done after inflation?** Over the year to 13/11/2026 MWEP’s total return was +12.1%, or +8.2% 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.