# iShares MSCI Europe Screened UCITS ETF EUR (SDUE)

**Page:** https://fundology.uk/fund/sdue · ISIN IE00BFNM3F38

## 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, SDUE (iShares MSCI Europe Screened UCITS ETF EUR, ISIN IE00BFNM3F38) closed at £7.72 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +52.8%, or +19.2% after UK CPIH inflation.

## Summary

iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the MSCI Europe Screened Index — large and medium-sized European companies. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£7.72** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SDUE |
| ISIN | IE00BFNM3F38 |
| Also listed as | SLMD (Xetra, euros) |
| Category | European shares |
| Type | ETF |
| Provider | iShares |
| Tracks | MSCI Europe Screened Index |
| Income | Distributing |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £417m |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 19/10/2018 |

## 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 | +10.76% | +6.84% | income reinvested |
| 3 years | +53.36% | +38.56% | income reinvested |
| 5 years | +52.75% | +19.23% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR in pounds (price only, income paid out not included): 2022 −8.6%, 2023 +11.9%, 2024 +1.4%, 2025 +21.6%; 2026 to 13/11/2026 +7.2%. Returns of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +8.8%; to 30/09/2025: +12.0%; to 30/09/2024: +13.7%; to 30/09/2023: +15.4%; to 30/09/2022: −12.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -8.6% | -16.3% | Price |
| 2023 | +11.9% | +7.5% | Price |
| 2024 | +1.4% | -2.1% | Price |
| 2025 | +21.6% | +17.4% | Price |
| 2026 to 13/11/2026 | +7.2% | +3.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 13.95% | -11.10% |
| 3 years | 12.84% | -11.10% |
| 5 years | 14.30% | -18.97% |

## Largest fall

Volatility of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR in pounds, annualised from weekly returns to 13/11/2026: 14.0% over 1 year, 12.8% over 3 years, 14.3% over 5 years. Largest fall in the price of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR since November 2021, in pounds: −17.8% from 19/11/2021 to 14/10/2022. The lowest 12-month return of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR in pounds (price only, income paid out not included) since January 2021 was −14.6% (12 months to 14/10/2022); the highest was +24.9% (12 months to 10/04/2026). On 13/11/2026 the price of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR was 1.5% below its highest weekly close since November 2021 (14/08/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR 0.12% a year. Compared on 14/11/2026, 187 of the 242 other European share funds charge more, 17 the same and 38 less (share classes counted once).

## Funds tracking the same index

2 funds track MSCI Europe Screened Index, this one included and share classes counted once; their ongoing charges range from 0.12% to 0.12% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares IV PLC - iShares MSCI Europe Screened UCITS ETF AccumEUR | 0.12% | +10.8% | +53.3% | +52.6% |
| iShares IV PLC - iShares MSCI Europe Screened UCITS ETF EUR (this fund) | 0.12% | +10.8% | +53.4% | +52.8% |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** 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 06/11/2026, SDUE holds 362 positions, according to its published holdings. The largest is ASML at 4.65% of the fund; the ten largest make up 23.0%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | ASML | [ASML](https://fundology.uk/stock/ASML) | 4.65% |
| 2 | Roche Ps Par | — | 2.80% |
| 3 | HSBC | [HSBA](https://fundology.uk/stock/HSBA) | 2.51% |
| 4 | Novartis | [NOVN](https://fundology.uk/stock/NOVN) | 2.49% |
| 5 | AstraZeneca | [AZN](https://fundology.uk/stock/AZN) | 2.35% |
| 6 | SAP | [SAP](https://fundology.uk/stock/SAP) | 1.99% |
| 7 | Siemens | [SIE](https://fundology.uk/stock/SIE) | 1.78% |
| 8 | Allianz | [ALV](https://fundology.uk/stock/ALV) | 1.60% |
| 9 | TotalEnergies | [TTE](https://fundology.uk/stock/TTE) | 1.44% |
| 10 | Banco Santander | [SAN](https://fundology.uk/stock/SAN) | 1.43% |

## 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 |
|---|---|
| Financials | 28.1% |
| Industrials | 17.1% |
| Health Care | 15.9% |
| Information Technology | 9.6% |
| Consumer Staples | 5.5% |
| Consumer Discretionary | 5.5% |
| Utilities | 5.5% |
| Materials | 5.4% |
| Other sectors | 7.3% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United Kingdom | 19.8% |
| Switzerland | 14.3% |
| France | 14.3% |
| Germany | 13.8% |
| Netherlands | 9.4% |
| Sweden | 6.3% |
| Spain | 6.1% |
| Italy | 5.6% |
| Other countries | 10.4% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.5% |
| Cash and money market | 0.5% |

All 368 holdings: https://fundology.uk/fund/sdue/holdings

## Questions people ask

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

The ongoing charge of SDUE is 0.12% a year — about £12 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 IV PLC - iShares MSCI Europe Screened UCITS ETF EUR 0.12% a year. Compared on 14/11/2026, 187 of the 242 other European share funds charge more, 17 the same and 38 less (share classes counted once).

**What does SDUE track?**

SDUE tracks the MSCI Europe Screened Index — large and medium-sized European companies.

**Is SDUE accumulating or distributing?**

SDUE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of SDUE?**

The ISIN of SDUE is IE00BFNM3F38. An ISIN identifies one exact share class of a fund; SDUE is its ticker on the London Stock Exchange. The same share class is also listed as SLMD (Xetra, euros).

**What does SDUE hold?**

As of 06/11/2026, SDUE holds 362 positions, according to its published holdings. The largest is ASML at 4.65% of the fund; the ten largest make up 23.0%. Its ten largest holdings are ASML (4.65%), Roche Ps Par (2.80%), HSBC (2.51%), Novartis (2.49%), AstraZeneca (2.35%), SAP (1.99%), Siemens (1.78%), Allianz (1.60%), TotalEnergies (1.44%) and Banco Santander (1.43%).

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

Calendar-year returns of SDUE in pounds (price only, income paid out not included): 2022 −8.6%, 2023 +11.9%, 2024 +1.4%, 2025 +21.6%; 2026 to 13/11/2026 +7.2%. Past performance is not a guide to future returns.

**How has SDUE done after inflation?**

Over the five years to 13/11/2026 SDUE’s total return was +52.8%, or +19.2% 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/305364/ishares-msci-europe-screened-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-msci-europe-screened-ucits-etf-eur-dist-gb-ie00bfnm3f38-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/sdue-ishares-msci-europe-screened-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.