ETF · iShares
USEE iShares US Equity Enhanced Active UCITS ETF
ISIN IE0009VWHAE6London Stock Exchange: USEEBlackRock, Inc.
Latest close
LSE£5.45
on
- Ongoing charge
- 0.20% a year
- Fund size
- £2.0bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, USEE (iShares US Equity Enhanced Active UCITS ETF, ISIN IE0009VWHAE6) closed at £5.45 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the year to 13/11/2026 its total return was +11.8%, or +7.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +11.8%
- +7.9% after inflation (UK CPIH)
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 US Equity Enhanced Active UCITS ETF in pounds (price, with income reinvested in the fund): 2025 +8.8%; 2026 to 13/11/2026 +13.5%. Returns of iShares US Equity Enhanced Active UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +19.6%; to 30/09/2025: +18.1%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +13.5% | +9.9% | |
| to | +8.8% | +5.0% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +19.6% | +15.3% |
| from | +18.1% | +13.6% |
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)
11.6%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since August 2024
- −19.6%
- From to
- Lowest 12-month return
- +4.5%
- 12 months to
- Highest 12-month return
- +36.2%
- 12 months to
- Below its highest weekly close since August 2024
- 4.0%
- High of , latest
In words: Volatility of iShares US Equity Enhanced Active UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 11.6% over 1 year. Largest fall in the price of iShares US Equity Enhanced Active UCITS ETF since August 2024, in pounds: −19.6% from 17/01/2025 to 18/04/2025. The lowest 12-month return of iShares US Equity Enhanced Active UCITS ETF in pounds (price, with income reinvested in the fund) since August 2024 was +4.5% (12 months to 30/01/2026); the highest was +36.2% (12 months to 17/04/2026). On 13/11/2026 the price of iShares US Equity Enhanced Active UCITS ETF was 4.0% below its highest weekly close since August 2024 (09/10/2026), in pounds.
As of , price, with income reinvested in the fund
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 US Equity Enhanced Active UCITS ETF 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.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares US Equity Enhanced Active UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2024.
It tracks the No Underlying Index.
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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Key facts
- Ticker
- USEE
- ISIN
- IE0009VWHAE6
- Provider
- iShares
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £2.0bn
- 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
- Pounds (GBP)
- Category
- US shares
Price chart
Over the last year, the closing price went from £4.84 on 14/11/2025 to £5.45 on 13/11/2026 (+12.4%). The lowest close shown was £4.57 on 27/03/2026 and the highest £5.67 on 09/10/2026.
One close a week. Before 29/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
120 weekly closes, from 02/08/2024 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
- 286
- 289 reported in all
- Ten largest
- 37.2%
- of the whole fund
- Effective number of holdings
- 44
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.0%
- Apple
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AppleAAPLInformation Technology | 8.00% |
| 2 | NVIDIANVDAInformation Technology | 7.03% |
| 3 | MicrosoftMSFTInformation Technology | 6.23% |
| 4 | AmazonAMZNConsumer Discretionary | 4.05% |
| 5 | Alphabet · Class AGOOGLCommunication Services | 2.58% |
| 6 | Meta Platforms · Class AMETACommunication Services | 2.11% |
| 7 | Alphabet · Class CGOOGCommunication Services | 2.08% |
| 8 | BroadcomAVGOInformation Technology | 2.05% |
| 9 | Visa · Class AVFinancials | 1.53% |
| 10 | ChevronCVXEnergy | 1.51% |
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 Technology36.2%
- Financials11.7%
- Health Care10.8%
- Consumer Discretionary9.6%
- Communication Services8.9%
- Industrials8.7%
- Consumer Staples4.9%
- Energy3.7%
- Other sectors5.5%
By type of asset
- Equity98.9%
- Cash and money market1.1%
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 289 holdings; the ten largest make up 37.2% 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
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountRolling returns
The full range of 68 rolling 12-month returns since August 2024, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since August 2024, 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 year 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 (117 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 USEE?
The ongoing charge of USEE 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 US Equity Enhanced Active UCITS ETF 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).
Is USEE accumulating or distributing?
USEE 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 USEE?
The ISIN of USEE is IE0009VWHAE6. An ISIN identifies one exact share class of a fund; USEE is its ticker on the London Stock Exchange.
What does USEE hold?
As of 06/11/2026, USEE holds 289 positions, according to its published holdings. The largest is Apple at 8.00% of the fund; the ten largest make up 37.2%. Its ten largest holdings are Apple (8.00%), NVIDIA (7.03%), Microsoft (6.23%), Amazon (4.05%), Alphabet · Class A (2.58%), Meta Platforms · Class A (2.11%), Alphabet · Class C (2.08%), Broadcom (2.05%), Visa · Class A (1.53%) and Chevron (1.51%).
What were USEE’s returns in each of the last five years?
Calendar-year returns of USEE in pounds (price, with income reinvested in the fund): 2025 +8.8%; 2026 to 13/11/2026 +13.5%. Past performance is not a guide to future returns.
How has USEE done after inflation?
Over the year to 13/11/2026 USEE’s total return was +11.8%, or +7.9% 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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