# iShares Gold Producers UCITS ETF USD (SPGP)

**Page:** https://fundology.uk/fund/spgp · ISIN IE00B6R52036

## 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, SPGP (iShares Gold Producers UCITS ETF USD, ISIN IE00B6R52036) closed at £28.99 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 13/11/2026 its total return was +170.4%, or +111.1% after UK CPIH inflation.

## Summary

iShares Gold Producers UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2011. It tracks the S&P Commodity Producers Gold — the price of gold. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 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: **£28.99** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SPGP |
| ISIN | IE00B6R52036 |
| Also listed as | IAUP (London Stock Exchange, US dollars), IS0E (Xetra, euros) |
| Category | Single sectors |
| Type | ETF |
| Provider | iShares |
| Tracks | S&P Commodity Producers Gold |
| Income | Accumulating |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £3.2bn |
| Launched | 2011 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 19/09/2011 |

## 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 | +13.72% | +9.69% | income reinvested |
| 3 years | +210.07% | +180.14% | income reinvested |
| 5 years | +170.39% | +111.05% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Gold Producers UCITS ETF USD in pounds (price, with income reinvested in the fund): 2022 −0.5%, 2023 +3.7%, 2024 +18.3%, 2025 +119.7%; 2026 to 13/11/2026 +2.5%. Returns of iShares Gold Producers UCITS ETF USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.6%; to 30/09/2025: +94.2%; to 30/09/2024: +39.0%; to 30/09/2023: +3.4%; to 30/09/2022: −1.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -0.5% | -8.9% | Price |
| 2023 | +3.7% | -0.4% | Price |
| 2024 | +18.3% | +14.2% | Price |
| 2025 | +119.7% | +112.1% | Price |
| 2026 to 13/11/2026 | +2.5% | -0.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 50.14% | -37.25% |
| 3 years | 37.53% | -37.25% |
| 5 years | 34.75% | -37.25% |

## Largest fall

Volatility of iShares Gold Producers UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 50.1% over 1 year, 37.5% over 3 years, 34.8% over 5 years. Largest fall in the price of iShares Gold Producers UCITS ETF USD since November 2021, in pounds: −37.2% from 27/02/2026 to 17/07/2026. The lowest 12-month return of iShares Gold Producers UCITS ETF USD in pounds (price, with income reinvested in the fund) since January 2021 was −19.8% (12 months to 10/03/2023); the highest was +172.6% (12 months to 27/02/2026). On 13/11/2026 the price of iShares Gold Producers UCITS ETF USD was 25.6% below its highest weekly close since November 2021 (27/02/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Gold Producers UCITS ETF USD 0.55% a year. Compared on 14/11/2026, 33 of the 164 other single-sector funds charge more, 7 the same and 124 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** per year
- 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, SPGP holds 84 positions, according to its published holdings. The largest is Agnico Eagle Mines at 10.73% of the fund; the ten largest make up 61.1%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Agnico Eagle Mines | [AEM](https://fundology.uk/stock/AEM) | 10.73% |
| 2 | Newmont | [NEM](https://fundology.uk/stock/NEM) | 10.66% |
| 3 | Barrick Mining | [ABX](https://fundology.uk/stock/ABX) | 8.10% |
| 4 | Wheaton Precious Metals | [WPM](https://fundology.uk/stock/WPM) | 7.51% |
| 5 | Franco-Nevada | [FNV](https://fundology.uk/stock/FNV) | 5.98% |
| 6 | AngloGold Ashanti | [AU](https://fundology.uk/stock/AU) | 4.85% |
| 7 | Gold Fields ADR Representing | — | 4.26% |
| 8 | Kinross Gold | [K](https://fundology.uk/stock/K) | 3.20% |
| 9 | Northern Star Resources | [NST](https://fundology.uk/stock/NST) | 3.05% |
| 10 | Royal Gold | [RGLD](https://fundology.uk/stock/RGLD) | 2.74% |

## 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 |
|---|---|
| Materials | 99.9% |
| Cash and derivatives | 0.1% |

### By country

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

| Country | Weight |
|---|---|
| Canada | 54.7% |
| United States | 15.8% |
| Australia | 11.2% |
| South Africa | 10.4% |
| China | 5.3% |
| United Kingdom | 2.1% |
| Cash and derivatives | 0.1% |
| Other | 0.6% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Equity | 99.9% |
| Cash and money market | 0.1% |

The 82 holdings on record (of 84 reported): https://fundology.uk/fund/spgp/holdings

## Questions people ask

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

The ongoing charge of SPGP is 0.55% a year — about £55 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 Gold Producers UCITS ETF USD 0.55% a year. Compared on 14/11/2026, 33 of the 164 other single-sector funds charge more, 7 the same and 124 less (share classes counted once).

**What does SPGP track?**

SPGP tracks the S&P Commodity Producers Gold — the price of gold.

**Is SPGP accumulating or distributing?**

SPGP 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 SPGP?**

The ISIN of SPGP is IE00B6R52036. An ISIN identifies one exact share class of a fund; SPGP is its ticker on the London Stock Exchange. The same share class is also listed as IAUP (London Stock Exchange, US dollars) and IS0E (Xetra, euros).

**What does SPGP hold?**

As of 06/11/2026, SPGP holds 84 positions, according to its published holdings. The largest is Agnico Eagle Mines at 10.73% of the fund; the ten largest make up 61.1%. Its ten largest holdings are Agnico Eagle Mines (10.73%), Newmont (10.66%), Barrick Mining (8.10%), Wheaton Precious Metals (7.51%), Franco-Nevada (5.98%), AngloGold Ashanti (4.85%), Gold Fields ADR Representing (4.26%), Kinross Gold (3.20%), Northern Star Resources (3.05%) and Royal Gold (2.74%).

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

Calendar-year returns of SPGP in pounds (price, with income reinvested in the fund): 2022 −0.5%, 2023 +3.7%, 2024 +18.3%, 2025 +119.7%; 2026 to 13/11/2026 +2.5%. Past performance is not a guide to future returns.

**How has SPGP done after inflation?**

Over the five years to 13/11/2026 SPGP’s total return was +170.4%, or +111.1% 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/251908/ishares-gold-producers-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-gold-producers-ucits-etf-usd-acc-gb-ie00b6r52036-en.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.