ETF · iShares
SPMD iShares Edge S&P 500 Minimum Volatility UCITS ETF
ISIN IE00BD93YH54London Stock Exchange: SPMDBlackRock, Inc.
Latest close
LSE$10.36
on
- Ongoing charge
- 0.20% a year
- Fund size
- £90.4m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, SPMD (iShares Edge S&P 500 Minimum Volatility UCITS ETF, ISIN IE00BD93YH54) closed at $10.36 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +57.1%, or +22.8% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +11.3%
- +7.8% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +43.0%
- +29.0% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +57.1%
- +22.8% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,571 on 30/09/2026 — about £1,228 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS 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 in pounds (price only, income paid out not included): 2022 −1.5%, 2023 +2.3%, 2024 +19.4%, 2025 +1.9%; 2026 to 30/09/2026 +8.3%. Returns of iShares Edge S&P 500 Minimum Volatility UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +9.9%; to 30/09/2025: +5.9%; to 30/09/2024: +17.7%; to 30/09/2023: −3.9%; to 30/09/2022: +11.0%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +8.3% | +5.3% | |
| +1.9% | −1.6% | ||
| +19.4% | +15.4% | ||
| +2.3% | −1.8% | ||
| −1.5% | −9.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +9.9% | Not available |
| from | +5.9% | +1.8% |
| from | +17.7% | +14.7% |
| from | −3.9% | −9.6% |
| from | +11.0% | +2.1% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS 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 | 8.4% |
|---|---|
| 3 years | 9.7% |
| 5 years | 11.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 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 October 2021
- 0.0%
- High of , latest
In words: Volatility of iShares Edge S&P 500 Minimum Volatility UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 8.4% over 1 year, 9.7% over 3 years, 11.3% over 5 years. Largest fall in the price of iShares Edge S&P 500 Minimum Volatility UCITS ETF since October 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 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 30/09/2026 the price of iShares Edge S&P 500 Minimum Volatility UCITS ETF was at its highest weekly close since October 2021, in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, 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
- 108 charge less
- 33 the same
- 69 charge more
Ongoing charge of iShares Edge S&P 500 Minimum Volatility UCITS ETF 0.20% a year, as of 01/10/2026: 69 of the 210 other US share funds charge more, 33 the same and 108 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares Edge S&P 500 Minimum Volatility UCITS ETF 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
- Tracks
- S&P 500 Minimum Volatility Index
- 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
- £90.4m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- USD
- Category
- US shares
Price chart
Since 14/08/2026, the closing price went from $10.46 on 14/08/2026 to $10.36 on 30/09/2026 (−1.0%). The lowest close shown was $10.36 on 30/09/2026 and the highest $10.50 on 27/08/2026.
Chart: closing prices we have recorded since 14/08/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
7 weekly closes, from 14/08/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS 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
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 (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| iShares Edge S&P 500 Minimum Volatility UCITS ETFAccumulating · 0.20% a year | +11.7% | +58.8% |
| iShares Edge S&P 500 Minimum Volatility UCITS ETFThis fundDistributing · 0.20% a year | +11.3% | +57.1% |
Source: TradingView reported returns and fund ongoing charges, as of
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 247 rolling 12-month returns since January 2021, and of 143 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 October 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 170 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 30/09/2026 (151 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 0.20% a year, as of 01/10/2026: 69 of the 210 other US share funds charge more, 33 the same and 108 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 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 +19.4%, 2025 +1.9%; 2026 to 30/09/2026 +8.3%. Past performance is not a guide to future returns.
How has SPMD done after inflation?
Over the five years to 30/09/2026 SPMD’s total return was +57.1%, or +22.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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- VUAGVanguard S&P 500 UCITS ETF0.07% a year · £21bn
- CNX1iShares NASDAQ 100 UCITS ETF USD0.33% a year · £17bn
- IUSAiShares Core S&P 500 UCITS ETF USD (Dist)0.07% a year · £13bn
- SPX5State Street SPDR S&P 500 UCITS ETF USD0.03% a year · £12bn
- SPXLState Street SPDR S&P 500 UCITS ETF0.03% a year · £11bn
Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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