# VanEck Circular Economy UCITS ETF Accum A USD (REUG)

**Source:** https://fundology.uk/fund/reug · ISIN IE0001J5A2T9 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (VanEck), 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, REUG (VanEck Circular Economy UCITS ETF Accum A USD, ISIN IE0001J5A2T9) closed at £20.52 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the three years to 01/10/2026 its total return was +12.9%, or +1.9% after UK CPIH inflation.

## Summary

VanEck Circular Economy UCITS ETF Accum A USD is an exchange-traded fund (ETF) from VanEck, launched in 2022. It tracks the MVIS Global Circular Economy ESG Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 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: **£20.52** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | REUG |
| ISIN | IE0001J5A2T9 |
| Category | Global shares |
| Type | ETF |
| Provider | VanEck |
| Tracks | MVIS Global Circular Economy ESG Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £10.8m |
| Launched | 2022 |
| 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 | +8.36% | +4.96% | income reinvested |
| 3 years | +12.90% | +1.88% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of VanEck Circular Economy UCITS ETF Accum A USD 0.40% a year, as of 02/10/2026: 61 of the 212 other global share funds charge more, 5 the same and 146 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year
- ISA eligible: yes
- SIPP eligible: yes

## What it holds

As of 30/09/2026, REUG holds 27 positions, according to the holdings VanEck publishes. The largest is Republic Services at 7.85% of the fund; the ten largest make up 60.4%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Republic Services | [RSG](https://fundology.uk/stock/RSG) | 7.85% |
| 2 | Waste Management | [WM](https://fundology.uk/stock/WM) | 7.84% |
| 3 | Veralto | [VLTO](https://fundology.uk/stock/VLTO) | 7.25% |
| 4 | Upm-Kymmene | — | 6.41% |
| 5 | Brambles | [BXB](https://fundology.uk/stock/BXB) | 6.27% |
| 6 | GFL Environmental | [GFL](https://fundology.uk/stock/GFL) | 5.70% |
| 7 | Smurfit WestRock | [SW](https://fundology.uk/stock/SW) | 4.89% |
| 8 | Severn Trent | [SVT](https://fundology.uk/stock/SVT) | 4.85% |
| 9 | Darling Ingredients | [DAR](https://fundology.uk/stock/DAR) | 4.67% |
| 10 | Kurita Water Industries | [6370](https://fundology.uk/stock/6370) | 4.63% |

Source: VanEck, 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

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

| Sector | Weight |
|---|---|
| Industrials | 57.6% |
| Materials | 32.5% |
| Utilities | 4.8% |
| Consumer Staples | 4.7% |
| Not classified | 0.4% |

### By country

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

| Country | Weight |
|---|---|
| United States | 44.7% |
| Japan | 12.2% |
| Australia | 8.6% |
| Finland | 6.4% |
| Canada | 5.7% |
| Ireland | 4.9% |
| United Kingdom | 4.8% |
| Belgium | 4.2% |
| Other countries | 8.1% |
| Not classified | 0.4% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.6% |
| Cash and money market | 0.4% |

All 27 holdings: https://fundology.uk/fund/reug/holdings

## Questions people ask

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

The ongoing charge of REUG is 0.40% a year — about £40 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 VanEck Circular Economy UCITS ETF Accum A USD 0.40% a year, as of 02/10/2026: 61 of the 212 other global share funds charge more, 5 the same and 146 less (share classes counted once).

**What does REUG track?**

REUG tracks the MVIS Global Circular Economy ESG Index - Benchmark TR Net.

**Is REUG accumulating or distributing?**

REUG 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 REUG?**

The ISIN of REUG is IE0001J5A2T9. An ISIN identifies one exact share class of a fund; REUG is its ticker on the London Stock Exchange.

**What does REUG hold?**

As of 30/09/2026, REUG holds 27 positions, according to the holdings VanEck publishes. The largest is Republic Services at 7.85% of the fund; the ten largest make up 60.4%. Its ten largest holdings are Republic Services (7.85%), Waste Management (7.84%), Veralto (7.25%), Upm-Kymmene (6.41%), Brambles (6.27%), GFL Environmental (5.70%), Smurfit WestRock (4.89%), Severn Trent (4.85%), Darling Ingredients (4.67%) and Kurita Water Industries (4.63%).

**How has REUG done after inflation?**

Over the three years to 01/10/2026 REUG’s total return was +12.9%, or +1.9% 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.