# iShares Russell 2000 Swap UCITS ETF Accum- GBP (RU2K) **Page:** https://fundology.uk/fund/ru2k · ISIN IE0007O06KL9 ## 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, RU2K (iShares Russell 2000 Swap UCITS ETF Accum- GBP, ISIN IE0007O06KL9) closed at £4.84 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 +16.0%, or +11.9% after UK CPIH inflation. ## Summary iShares Russell 2000 Swap UCITS ETF Accum- GBP is an exchange-traded fund (ETF) from iShares, launched in 2024. 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 0.2% 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: **£4.84** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | RU2K | | ISIN | IE0007O06KL9 | | Category | US shares | | Type | ETF | | Provider | iShares | | Tracks | Russell 2000 | | Income | Accumulating | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £55.8m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 02/09/2024 | ## 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 | +16.01% | +11.90% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares Russell 2000 Swap UCITS ETF Accum- GBP in pounds (price, with income reinvested in the fund): 2025 +3.4%; 2026 to 13/11/2026 +14.8%. Returns of iShares Russell 2000 Swap UCITS ETF Accum- GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +16.2%; to 30/09/2025: +11.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +3.4% | -0.1% | Price | | 2026 to 13/11/2026 | +14.8% | +11.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.51% | -9.39% | ## Largest fall Volatility of iShares Russell 2000 Swap UCITS ETF Accum- GBP in pounds, annualised from weekly returns to 13/11/2026: 14.5% over 1 year. Largest fall in the price of iShares Russell 2000 Swap UCITS ETF Accum- GBP since October 2024, in pounds: −27.4% from 29/11/2024 to 11/04/2025. The lowest 12-month return of iShares Russell 2000 Swap UCITS ETF Accum- GBP in pounds (price, with income reinvested in the fund) since October 2024 was −5.1% (12 months to 21/11/2025); the highest was +47.2% (12 months to 17/04/2026). On 13/11/2026 the price of iShares Russell 2000 Swap UCITS ETF Accum- GBP was 7.2% below its highest weekly close since October 2024 (26/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Russell 2000 Swap UCITS ETF Accum- GBP 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 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 | 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 (this fund) | 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): **0.20%** 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. ## Questions people ask **What is the ongoing charge of RU2K?** The ongoing charge of RU2K 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 Russell 2000 Swap UCITS ETF Accum- GBP 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 RU2K track?** RU2K tracks the Russell 2000. **Is RU2K accumulating or distributing?** RU2K 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 RU2K?** The ISIN of RU2K is IE0007O06KL9. An ISIN identifies one exact share class of a fund; RU2K is its ticker on the London Stock Exchange. **What were RU2K’s returns in each of the last five years?** Calendar-year returns of RU2K in pounds (price, with income reinvested in the fund): 2025 +3.4%; 2026 to 13/11/2026 +14.8%. Past performance is not a guide to future returns. **How has RU2K done after inflation?** Over the year to 13/11/2026 RU2K’s total return was +16.0%, or +11.9% 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/338199/ishares-russell-2000-swap-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-russell-2000-swap-ucits-etf-usd-acc-gb-ie0007o06kl9-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ru2k-ishares-russell-2000-swap-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- 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.