# iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP (SUOP)

**Page:** https://fundology.uk/fund/suop · ISIN IE00BMWPV702

## 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, SUOP (iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP, ISIN IE00BMWPV702) closed at £4.00 on the London Stock Exchange. Its ongoing charge is 0.17% a year (about £17 on £10,000). Over the five years to 13/11/2026 its total return was +5.7%, or −17.5% after UK CPIH inflation.

## Summary

iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2021. It tracks the Bloomberg MSCI US Corporate ESG SRI Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.17% a year — about £17 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.

Latest close: **£4.00** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SUOP |
| ISIN | IE00BMWPV702 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg MSCI US Corporate ESG SRI Index - Benchmark TR Net |
| Income | Distributing |
| Ongoing charge | 0.17% a year (£17 per £10,000) |
| Fund size | £25.8m |
| Launched | 2021 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 25/05/2021 |

## 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 | -0.93% | -4.44% | income reinvested |
| 3 years | +15.27% | +4.14% | income reinvested |
| 5 years | +5.70% | -17.50% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2022 −19.2%, 2023 +2.3%, 2024 −3.0%, 2025 +2.2%; 2026 to 13/11/2026 −4.3%. Returns of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −7.6%; to 30/09/2025: −1.3%; to 30/09/2024: +7.9%; to 30/09/2023: −1.9%; to 30/09/2022: −20.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -19.2% | -26.0% | Price |
| 2023 | +2.3% | -1.8% | Price |
| 2024 | -3.0% | -6.3% | Price |
| 2025 | +2.2% | -1.3% | Price |
| 2026 to 13/11/2026 | -4.3% | -7.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.14% | -7.23% |
| 3 years | 6.61% | -8.64% |
| 5 years | 7.32% | -23.74% |

## Largest fall

Volatility of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 6.1% over 1 year, 6.6% over 3 years, 7.3% over 5 years. Largest fall in the price of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP since November 2021, in pounds: −23.7% from 03/12/2021 to 20/10/2023. The lowest 12-month return of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since May 2021 was −22.0% (12 months to 21/10/2022); the highest was +9.2% (12 months to 18/10/2024). On 13/11/2026 the price of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP was 22.1% below its highest weekly close since November 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD Corp Bond ESG SRI UCITS ETF Hedged GBP 0.17% a year. Compared on 14/11/2026, 283 of the 427 other corporate and other bond funds charge more, 7 the same and 137 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.17%** 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, SUOP holds 5,294 positions, according to its published holdings. The largest is Wells Fargo & Company Mtn 2.57% 11/02/2031 at 0.19% of the fund; the ten largest make up 1.3%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Wells Fargo & Company Mtn 2.57% 11/02/2031 | — | 0.19% |
| 2 | Wells Fargo & Company Mtn 5.50% 23/01/2035 | — | 0.17% |
| 3 | Amazon.Com Inc 4.88% 13/03/2036 | — | 0.13% |
| 4 | Paramount Skydance Corp 144A 7.05% 15/10/2031 | — | 0.13% |
| 5 | Bank of America Corp 3.42% 20/12/2028 | — | 0.12% |
| 6 | Bank of America Corp Mtn 5.47% 23/01/2035 | — | 0.12% |
| 7 | Charter Communications Operating L 144A 7.09% 01/09/2038 | — | 0.12% |
| 8 | Goldman Sachs Group Inc (Fxd-Frn) 4.15% 21/01/2029 | — | 0.12% |
| 9 | Goldman Sachs Group Inc/The 6.75% 01/10/2037 | — | 0.12% |
| 10 | Pfizer Investment Enterprises Pte 5.30% 19/05/2053 | — | 0.12% |

## 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 |
|---|---|
| Banking | 31.9% |
| Health Care | 11.7% |
| Consumer Cyclical | 8.8% |
| Communication Services | 8.2% |
| Insurance | 5.6% |
| Capital Goods | 4.6% |
| Consumer Non-Cyclical | 4.2% |
| Reits | 2.9% |
| Other sectors | 22.1% |

### By country

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

| Country | Weight |
|---|---|
| United States | 83.7% |
| United Kingdom | 4.8% |
| Japan | 3.0% |
| Canada | 2.7% |
| Cash and derivatives | 0.3% |
| Other | 5.6% |

### By type of asset

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

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

The 5,035 holdings on record (of 5,294 reported): https://fundology.uk/fund/suop/holdings

## Questions people ask

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

The ongoing charge of SUOP is 0.17% a year — about £17 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 USD Corp Bond ESG SRI UCITS ETF Hedged GBP 0.17% a year. Compared on 14/11/2026, 283 of the 427 other corporate and other bond funds charge more, 7 the same and 137 less (share classes counted once).

**What does SUOP track?**

SUOP tracks the Bloomberg MSCI US Corporate ESG SRI Index - Benchmark TR Net.

**Is SUOP accumulating or distributing?**

SUOP 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 SUOP?**

The ISIN of SUOP is IE00BMWPV702. An ISIN identifies one exact share class of a fund; SUOP is its ticker on the London Stock Exchange.

**What does SUOP hold?**

As of 06/11/2026, SUOP holds 5,294 positions, according to its published holdings. The largest is Wells Fargo & Company Mtn 2.57% 11/02/2031 at 0.19% of the fund; the ten largest make up 1.3%. Its ten largest holdings are Wells Fargo & Company Mtn 2.57% 11/02/2031 (0.19%), Wells Fargo & Company Mtn 5.50% 23/01/2035 (0.17%), Amazon.Com Inc 4.88% 13/03/2036 (0.13%), Paramount Skydance Corp 144A 7.05% 15/10/2031 (0.13%), Bank of America Corp 3.42% 20/12/2028 (0.12%), Bank of America Corp Mtn 5.47% 23/01/2035 (0.12%), Charter Communications Operating L 144A 7.09% 01/09/2038 (0.12%), Goldman Sachs Group Inc (Fxd-Frn) 4.15% 21/01/2029 (0.12%), Goldman Sachs Group Inc/The 6.75% 01/10/2037 (0.12%) and Pfizer Investment Enterprises Pte 5.30% 19/05/2053 (0.12%).

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

Calendar-year returns of SUOP in pounds (price only, income paid out not included): 2022 −19.2%, 2023 +2.3%, 2024 −3.0%, 2025 +2.2%; 2026 to 13/11/2026 −4.3%. Past performance is not a guide to future returns.

**How has SUOP done after inflation?**

Over the five years to 13/11/2026 SUOP’s total return was +5.7%, or −17.5% 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/318847/ishares-corp-bond-esg-sri-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-corp-bond-esg-sri-ucits-etf-gbp-hedged-dist-gb-ie00bmwpv702-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/suop-ishares-corp-bond-esg-sri-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.