# Amundi Index Solutions - Russell 2000 UCITS ETF (RS2G)

**Page:** https://fundology.uk/fund/rs2g · ISIN LU1681038839

## 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, RS2G (Amundi Index Solutions - Russell 2000 UCITS ETF, ISIN LU1681038839) closed at £316.65 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +23.3%, or −3.8% after UK CPIH inflation.

## Summary

Amundi Index Solutions - Russell 2000 UCITS ETF is an exchange-traded fund (ETF) from Amundi, launched in 2018. It tracks the Russell 2000. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.35% a year — about £35 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: **£316.65** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | RS2G |
| ISIN | LU1681038839 |
| Also listed as | RS2U (London Stock Exchange, US dollars) |
| Category | US shares |
| Type | ETF |
| Provider | Amundi |
| Tracks | Russell 2000 |
| Income | Accumulating |
| Ongoing charge | 0.35% a year (£35 per £10,000) |
| Fund size | £198m |
| Launched | 2018 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/03/2018 |

## 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 | +14.17% | +10.13% | income reinvested |
| 3 years | +50.93% | +36.36% | income reinvested |
| 5 years | +23.28% | -3.77% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Amundi Index Solutions - Russell 2000 UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −11.4%, 2023 +12.5%, 2024 +13.3%, 2025 +2.9%; 2026 to 13/11/2026 +14.4%. Returns of Amundi Index Solutions - Russell 2000 UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.7%; to 30/09/2025: +11.3%; to 30/09/2024: +15.0%; to 30/09/2023: −2.5%; to 30/09/2022: −6.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -11.4% | -18.9% | Price |
| 2023 | +12.5% | +8.0% | Price |
| 2024 | +13.3% | +9.5% | Price |
| 2025 | +2.9% | -0.6% | Price |
| 2026 to 13/11/2026 | +14.4% | +10.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.99% | -9.62% |
| 3 years | 18.32% | -27.61% |
| 5 years | 18.86% | -27.61% |

## Largest fall

Volatility of Amundi Index Solutions - Russell 2000 UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 15.0% over 1 year, 18.3% over 3 years, 18.9% over 5 years. Largest fall in the price of Amundi Index Solutions - Russell 2000 UCITS ETF since November 2021, in pounds: −27.6% from 29/11/2024 to 11/04/2025. The lowest 12-month return of Amundi Index Solutions - Russell 2000 UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −15.4% (12 months to 17/06/2022); the highest was +46.6% (12 months to 17/04/2026). On 13/11/2026 the price of Amundi Index Solutions - Russell 2000 UCITS ETF was 7.5% below its highest weekly close since November 2021 (26/06/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Amundi Index Solutions - Russell 2000 UCITS ETF 0.35% a year. Compared on 14/11/2026, 38 of the 254 other US share funds charge more, 10 the same and 206 less (share classes counted once).

## Funds tracking the same index

5 funds track Russell 2000, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.35% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - Russell 2000 UCITS ETF (this fund) | 0.35% | +14.2% | +50.9% | +23.3% |
| Invesco Russell 2000 UCITS ETF | 0.25% | +16.5% | +59.5% | +27.0% |
| iShares Russell 2000 Swap UCITS ETF Accum- GBP | 0.20% | +16.0% | — | — |
| State Street SPDR RUSSELL 2000 U.S. SMALL CAP UCITS ETF Accum Ptg USD | 0.30% | +14.3% | +51.1% | +23.1% |
| Xtrackers Russell 2000 UCITS ETF | 0.30% | +15.5% | +58.3% | +25.9% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.35%** 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

RS2G is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Siemens Energy | [ENR](https://fundology.uk/stock/ENR) | 9.23% |
| 2 | ASML | [ASML](https://fundology.uk/stock/ASML) | 9.00% |
| 3 | Trane Technologies | [TT](https://fundology.uk/stock/TT) | 6.39% |
| 4 | Infineon Technologies | [IFX](https://fundology.uk/stock/IFX) | 6.02% |
| 5 | TE Connectivity | [TEL](https://fundology.uk/stock/TEL) | 5.17% |
| 6 | Dhl | [DHL](https://fundology.uk/stock/DHL) | 4.58% |
| 7 | Deutsche Telekom | [DTE](https://fundology.uk/stock/DTE) | 4.08% |
| 8 | ING Groep | [INGA](https://fundology.uk/stock/INGA) | 3.34% |
| 9 | Johnson Controls International | [JCI](https://fundology.uk/stock/JCI) | 3.25% |
| 10 | Medtronic | [MDT](https://fundology.uk/stock/MDT) | 3.07% |

The 66 holdings on record (of 68 reported): https://fundology.uk/fund/rs2g/holdings

## Questions people ask

**What is the ongoing charge of RS2G?**

The ongoing charge of RS2G is 0.35% a year — about £35 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 Amundi Index Solutions - Russell 2000 UCITS ETF 0.35% a year. Compared on 14/11/2026, 38 of the 254 other US share funds charge more, 10 the same and 206 less (share classes counted once).

**What does RS2G track?**

RS2G tracks the Russell 2000.

**Is RS2G accumulating or distributing?**

RS2G 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 RS2G?**

The ISIN of RS2G is LU1681038839. An ISIN identifies one exact share class of a fund; RS2G is its ticker on the London Stock Exchange. The same share class is also listed as RS2U (London Stock Exchange, US dollars).

**What does RS2G hold?**

RS2G is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.

**What were RS2G’s returns in each of the last five years?**

Calendar-year returns of RS2G in pounds (price, with income reinvested in the fund): 2022 −11.4%, 2023 +12.5%, 2024 +13.3%, 2025 +2.9%; 2026 to 13/11/2026 +14.4%. Past performance is not a guide to future returns.

**How has RS2G done after inflation?**

Over the five years to 13/11/2026 RS2G’s total return was +23.3%, or −3.8% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-russell-2000-ucits-etf-usd-acc/lu1681038839)
- 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.
