# iShares US Equity Enhanced Active UCITS ETF (USEE)

**Source:** https://fundology.uk/fund/usee · ISIN IE0009VWHAE6 · 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, USEE (iShares US Equity Enhanced Active UCITS ETF, ISIN IE0009VWHAE6) closed at £5.60 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the year to 30/09/2026 its total return was +19.9%, or +16.2% after UK CPIH inflation.

## Summary

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.

Latest close: **£5.60** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | USEE |
| ISIN | IE0009VWHAE6 |
| Category | US shares |
| Type | ETF |
| Provider | iShares |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £1.1bn |
| Launched | 2024 |
| 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 | +19.92% | +16.15% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares US Equity Enhanced Active UCITS ETF in pounds (price, with income reinvested in the fund): 2025 +10.4%; 2026 to 30/09/2026 +15.7%. 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: +20.8%; to 30/09/2025: +16.9%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +10.4% | +6.7% | Price |
| 2026 to 30/09/2026 | +15.7% | +12.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 12.12% | -6.93% |

## Largest fall

Volatility of iShares US Equity Enhanced Active UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 12.1% 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 30/09/2026 the price of iShares US Equity Enhanced Active UCITS ETF was 0.2% below its highest weekly close since August 2024 (25/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares US Equity Enhanced Active 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).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| NVIDIA | 8.17% |
| Apple | 7.37% |
| Microsoft | 5.72% |
| Amazon | 3.70% |
| Alphabet · Class A | 3.15% |
| Meta Platforms · Class A | 2.41% |
| Broadcom | 2.38% |
| Alphabet · Class C | 2.35% |
| Micron Technology | 1.78% |
| Advanced Micro Devices | 1.65% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by iShares, as of 29/09/2026.

| Sector | Weight |
|---|---|
| Information Technology | 39.5% |
| Financials | 10.7% |
| Communication Services | 10.0% |
| Health Care | 9.4% |
| Consumer Discretionary | 8.7% |
| Industrials | 8.6% |
| Consumer Staples | 3.8% |
| Energy | 3.6% |
| Other sectors | 5.7% |

### By type of asset

Added up from the holdings iShares publishes, as of 29/09/2026.

| Type of asset | Weight |
|---|---|
| Equity | 98.5% |
| Cash and money market | 1.4% |

All 299 holdings: https://fundology.uk/fund/usee/holdings

---

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.