ETF · iShares
SPMD iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist
ISIN IE00BD93YH54London Stock Exchange: SPMDBlackRock, Inc.
Latest close
LSE$10.67
on
- Ongoing charge
- 0.20% a year
- Fund size
- £98.5m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, SPMD (iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist, ISIN IE00BD93YH54) closed at $10.67 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was +54.0%, or +20.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +13.0%
- +9.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +45.7%
- +31.6% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +54.0%
- +20.2% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,540 on 13/11/2026 — about £1,202 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist in pounds (price only, income paid out not included): 2022 −1.5%, 2023 +2.3%, 2024 +20.0%, 2025 +0.6%; 2026 to 13/11/2026 +12.9%. Returns of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +9.5%; to 30/09/2025: +6.2%; to 30/09/2024: +17.7%; to 30/09/2023: −3.9%; to 30/09/2022: +13.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +12.9% | +9.3% | |
| to | +0.6% | −2.8% | |
| to | +20.0% | +15.9% | |
| +2.3% | −1.8% | ||
| −1.5% | −9.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +9.5% | +5.7% |
| from | +6.2% | +2.1% |
| from | +17.7% | +14.7% |
| from | −3.9% | −9.6% |
| from | +13.1% | +4.0% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
11.3%over 5 years
| 1 year | 8.6% |
|---|---|
| 3 years | 9.8% |
| 5 years | 11.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −12.0%
- From to
- Lowest 12-month return
- −10.8%
- 12 months to
- Highest 12-month return
- +25.2%
- 12 months to
- Below its highest weekly close since November 2021
- 0.0%
- High of , latest
In words: Volatility of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist in pounds, annualised from weekly returns to 13/11/2026: 8.6% over 1 year, 9.8% over 3 years, 11.3% over 5 years. Largest fall in the price of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist since November 2021, in pounds: −12.0% from 17/01/2025 to 11/04/2025. The lowest 12-month return of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist in pounds (price only, income paid out not included) since January 2021 was −10.8% (12 months to 18/08/2023); the highest was +25.2% (12 months to 22/11/2024). On 13/11/2026 the price of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist was at its highest weekly close since November 2021, in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 125 charge less
- 44 the same
- 85 charge more
Ongoing charge of iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist 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).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares Edge S&P 500 Minimum Volatility UCITS ETF Dist is an exchange-traded fund (ETF) from iShares, launched in 2018.
It tracks the S&P 500 Minimum Volatility Index — about 500 of the largest companies listed in the US.
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 paid out to holders as cash, usually a few times a year.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- SPMD
- ISIN
- IE00BD93YH54
- Provider
- iShares
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £98.5m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- US shares
Price chart
Over the last year, the closing price went from $9.52 on 14/11/2025 to $10.67 on 13/11/2026 (+12.1%). The lowest close shown was $9.18 on 27/03/2026 and the highest $10.70 on 30/10/2026.
One close a week. Before 14/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
261 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 129
- on record
- Ten largest
- 21.5%
- of the whole fund
- Effective number of holdings
- 77
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 2.3%
- Procter & Gamble
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Procter & GamblePGConsumer Staples | 2.31% |
| 2 | Visa · Class AVFinancials | 2.29% |
| 3 | AbbVieABBVHealth Care | 2.25% |
| 4 | Berkshire Hathaway · Class BBRK.BFinancials | 2.17% |
| 5 | Coca-ColaKOConsumer Staples | 2.17% |
| 6 | AppleAAPLInformation Technology | 2.16% |
| 7 | MicrosoftMSFTInformation Technology | 2.14% |
| 8 | AmazonAMZNConsumer Discretionary | 2.04% |
| 9 | Accenture · Class AACNInformation Technology | 2.00% |
| 10 | ExxonMobilXOMEnergy | 1.99% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Information Technology30.7%
- Financials15.9%
- Health Care15.4%
- Consumer Staples10.4%
- Energy8.3%
- Consumer Discretionary6.0%
- Industrials5.8%
- Communication Services4.4%
- Other sectors3.1%
By type of asset
- Equity99.8%
- Cash and money market0.1%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 127 holdings; the ten largest make up 21.5% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track S&P 500 Minimum Volatility Index, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.20% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Edge S&P 500 Minimum Volatility UCITS ETFAccumulating · 0.20% a year | 0.20% | +12.4% | +45.6% | +53.7% |
| iShares Edge S&P 500 Minimum Volatility UCITS ETF DistThis fundDistributing · 0.20% a year | 0.20% | +13.0% | +45.7% | +54.0% |
As of
S&P 500 Minimum Volatility funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 253 rolling 12-month returns since January 2021, and of 149 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 192 US share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core S&P 500 UCITS ETF, over the three years to 13/11/2026 (154 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of SPMD?
The ongoing charge of SPMD 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 Edge S&P 500 Minimum Volatility UCITS ETF Dist 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 SPMD track?
SPMD tracks the S&P 500 Minimum Volatility Index — about 500 of the largest companies listed in the US.
Is SPMD accumulating or distributing?
SPMD 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 SPMD?
The ISIN of SPMD is IE00BD93YH54. An ISIN identifies one exact share class of a fund; SPMD is its ticker on the London Stock Exchange.
What does SPMD hold?
As of 06/11/2026, SPMD holds 127 positions, according to its published holdings. The largest is Procter & Gamble at 2.31% of the fund; the ten largest make up 21.5%. Its ten largest holdings are Procter & Gamble (2.31%), Visa · Class A (2.29%), AbbVie (2.25%), Berkshire Hathaway · Class B (2.17%), Coca-Cola (2.17%), Apple (2.16%), Microsoft (2.14%), Amazon (2.04%), Accenture · Class A (2.00%) and ExxonMobil (1.99%).
What were SPMD’s returns in each of the last five years?
Calendar-year returns of SPMD in pounds (price only, income paid out not included): 2022 −1.5%, 2023 +2.3%, 2024 +20.0%, 2025 +0.6%; 2026 to 13/11/2026 +12.9%. Past performance is not a guide to future returns.
How has SPMD done after inflation?
Over the five years to 13/11/2026 SPMD’s total return was +54.0%, or +20.2% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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