# iShares MSCI World Small Cap UCITS ETF (WLDS) **Source:** https://fundology.uk/fund/wlds · ISIN IE00BF4RFH31 · 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, WLDS (iShares MSCI World Small Cap UCITS ETF, ISIN IE00BF4RFH31) closed at £7.68 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 30/09/2026 its total return was +42.1%, or +11.1% after UK CPIH inflation. ## Summary iShares MSCI World Small Cap UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the MSCI World Index Small Cap — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it 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 0.35% a year — about £35 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: **£7.68** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | WLDS | | ISIN | IE00BF4RFH31 | | Category | Smaller companies | | Type | ETF | | Provider | iShares | | Tracks | MSCI World Index Small Cap | | Income | Accumulating | | Ongoing charge | 0.35% a year (£35 per £10,000) | | Fund size | £5.0bn | | 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 | +17.81% | +14.11% | income reinvested | | 3 years | +50.71% | +35.99% | income reinvested | | 5 years | +42.14% | +11.11% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares MSCI World Small Cap UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −8.8%, 2023 +10.7%, 2024 +9.0%, 2025 +12.3%; 2026 to 30/09/2026 +13.2%. Returns of iShares MSCI World Small Cap UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +17.5%; to 30/09/2025: +12.2%; to 30/09/2024: +14.0%; to 30/09/2023: +2.0%; to 30/09/2022: −7.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -8.8% | -16.5% | Price | | 2023 | +10.7% | +6.3% | Price | | 2024 | +9.0% | +5.3% | Price | | 2025 | +12.3% | +8.5% | Price | | 2026 to 30/09/2026 | +13.2% | +10.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 14.34% | -8.16% | | 3 years | 15.03% | -19.24% | | 5 years | 15.64% | -19.86% | ## Largest fall Volatility of iShares MSCI World Small Cap UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 14.3% over 1 year, 15.0% over 3 years, 15.6% over 5 years. Largest fall in the price of iShares MSCI World Small Cap UCITS ETF since October 2021, in pounds: −19.9% from 05/11/2021 to 17/06/2022. The lowest 12-month return of iShares MSCI World Small Cap UCITS ETF in pounds (price, with income reinvested in the fund) since July 2021 was −11.2% (12 months to 04/11/2022); the highest was +40.7% (12 months to 17/04/2026). On 30/09/2026 the price of iShares MSCI World Small Cap UCITS ETF was 3.2% below its highest weekly close since October 2021 (26/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares MSCI World Small Cap UCITS ETF 0.35% a year, as of 01/10/2026: 14 of the 32 other smaller-company funds charge more, 2 the same and 16 less (share classes counted once). ## Funds tracking the same index 6 funds track MSCI World Index Small Cap, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.47% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares MSCI World Small Cap UCITS ETF (this fund) | 0.35% | +17.8% | +50.7% | +42.1% | | State Street SPDR MSCI World Small Cap UCITS ETF | 0.47% | +13.7% | — | — | | State Street SPDR MSCI World Small Cap UCITS ETF Accum.Shs USD | 0.47% | +17.6% | +49.9% | +40.8% | | UBS (Irl) ETF PLC - UBS MSCI World Small Cap UCITS ETF | — | — | — | — | | Xtrackers MSCI World Small Cap UCITS ETF -1D- USD | 0.25% | +14.2% | — | — | | Xtrackers MSCI World Small Cap UCITS ETF Accum-1C- USD | 0.25% | +13.8% | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.35%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Moderna | 0.66% | | Guardant Health | 0.21% | | Tenet Healthcare | 0.21% | | US Foods | 0.20% | | Viatris | 0.20% | | Macom Technology Solutions | 0.19% | | Roku · Class A | 0.19% | | Royal Gold | 0.19% | | Woodward | 0.19% | | Td Synnex | 0.18% | ## 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 | |---|---| | Industrials | 19.2% | | Financials | 14.5% | | Information Technology | 13.4% | | Health Care | 11.7% | | Consumer Discretionary | 10.1% | | Materials | 8.5% | | Real Estate | 7.7% | | Energy | 4.9% | | Other sectors | 10.1% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | United States | 61.0% | | Japan | 12.8% | | Canada | 4.3% | | United Kingdom | 4.3% | | Australia | 3.8% | | Sweden | 1.7% | | Israel | 1.5% | | Switzerland | 1.5% | | Other countries | 9.3% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.7% | | Cash and money market | 0.4% | All 3,321 holdings: https://fundology.uk/fund/wlds/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.