# iShares Edge S&P 500 Minimum Volatility UCITS ETF (SPMD) **Source:** https://fundology.uk/fund/spmd · ISIN IE00BD93YH54 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 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. ## Summary 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. Latest close: **$10.36** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | SPMD | | ISIN | IE00BD93YH54 | | Category | US shares | | Type | ETF | | Provider | iShares | | Tracks | S&P 500 Minimum Volatility Index | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £90.4m | | Launched | 2018 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +11.34% | +7.84% | income reinvested | | 3 years | +42.99% | +29.03% | income reinvested | | 5 years | +57.07% | +22.79% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2022 | -1.5% | -9.9% | Price | | 2023 | +2.3% | -1.8% | Price | | 2024 | +19.4% | +15.4% | Price | | 2025 | +1.9% | -1.6% | Price | | 2026 to 30/09/2026 | +8.3% | +5.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 8.41% | -4.91% | | 3 years | 9.71% | -11.98% | | 5 years | 11.27% | -11.98% | ## Largest fall 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. ## Charges compared with similar funds 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). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares Edge S&P 500 Minimum Volatility UCITS ETF | 0.20% | +11.7% | +43.0% | +58.8% | | iShares Edge S&P 500 Minimum Volatility UCITS ETF (this fund) | 0.20% | +11.3% | +43.0% | +57.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes --- 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.