# Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD (XMGA) **Page:** https://fundology.uk/fund/xmga · ISIN IE000XL4IXU1 ## 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, XMGA (Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD, ISIN IE000XL4IXU1) closed at £9.16 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the year to 13/11/2026 its total return was +12.3%, or +8.3% after UK CPIH inflation. ## Summary Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Amundi, launched in 2024. It tracks the MSCI USA Ex Mega Cap Select 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 0.16% a year — about £16 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: **£9.16** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XMGA | | ISIN | IE000XL4IXU1 | | Also listed as | XMGU (Xetra, US dollars) | | Category | US shares | | Type | ETF | | Provider | Amundi | | Tracks | MSCI USA Ex Mega Cap Select Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.16% a year (£16 per £10,000) | | Fund size | £135m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 12/11/2024 | ## 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 | +12.30% | +8.32% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +14.4%. Returns of Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +11.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2026 to 13/11/2026 | +14.4% | +10.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 9.93% | -5.02% | ## Largest fall Volatility of Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 9.9% over 1 year. Largest fall in the price of Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD since February 2025, in pounds: −15.6% from 21/02/2025 to 11/04/2025. On 13/11/2026 the price of Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD was at its highest weekly close since February 2025, in pounds. ## Charges compared with similar funds Ongoing charge of Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD 0.16% a year. Compared on 14/11/2026, 146 of the 254 other US share funds charge more, 5 the same and 103 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.16%** 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 11/11/2026, XMGA holds 464 positions, according to its published holdings. The largest is Thermo Fisher Scientific at 1.03% of the fund; the ten largest make up 8.7%. ### Top holdings Largest positions (as of 11/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Thermo Fisher Scientific | [TMO](https://fundology.uk/stock/TMO) | 1.03% | | 2 | Amgen | [AMGN](https://fundology.uk/stock/AMGN) | 0.98% | | 3 | Linde | [LIN](https://fundology.uk/stock/LIN) | 0.95% | | 4 | International Business Machines | [IBM](https://fundology.uk/stock/IBM) | 0.90% | | 5 | CrowdStrike | [CRWD](https://fundology.uk/stock/CRWD) | 0.88% | | 6 | Citigroup | [C](https://fundology.uk/stock/C) | 0.82% | | 7 | Gilead Sciences | [GILD](https://fundology.uk/stock/GILD) | 0.82% | | 8 | Walt Disney | [DIS](https://fundology.uk/stock/DIS) | 0.81% | | 9 | Analog Devices | [ADI](https://fundology.uk/stock/ADI) | 0.77% | | 10 | Amphenol | [APH](https://fundology.uk/stock/APH) | 0.76% | ## 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 11/11/2026. | Sector | Weight | |---|---| | Industrials | 17.2% | | Information Technology | 16.1% | | Financials | 15.5% | | Health Care | 14.7% | | Consumer Discretionary | 8.7% | | Utilities | 5.2% | | Energy | 5.0% | | Materials | 4.6% | | Other sectors | 13.1% | The 461 holdings on record (of 464 reported): https://fundology.uk/fund/xmga/holdings ## Questions people ask **What is the ongoing charge of XMGA?** The ongoing charge of XMGA is 0.16% a year — about £16 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 Amundi MSCI Ex USA Mega Cap UCITS ETF AccumUSD 0.16% a year. Compared on 14/11/2026, 146 of the 254 other US share funds charge more, 5 the same and 103 less (share classes counted once). **What does XMGA track?** XMGA tracks the MSCI USA Ex Mega Cap Select Index - Benchmark TR Net. **Is XMGA accumulating or distributing?** XMGA 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 XMGA?** The ISIN of XMGA is IE000XL4IXU1. An ISIN identifies one exact share class of a fund; XMGA is its ticker on the London Stock Exchange. The same share class is also listed as XMGU (Xetra, US dollars). **What does XMGA hold?** As of 11/11/2026, XMGA holds 464 positions, according to its published holdings. The largest is Thermo Fisher Scientific at 1.03% of the fund; the ten largest make up 8.7%. Its ten largest holdings are Thermo Fisher Scientific (1.03%), Amgen (0.98%), Linde (0.95%), International Business Machines (0.90%), CrowdStrike (0.88%), Citigroup (0.82%), Gilead Sciences (0.82%), Walt Disney (0.81%), Analog Devices (0.77%) and Amphenol (0.76%). **What were XMGA’s returns in each of the last five years?** Calendar-year returns of XMGA in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +14.4%. Past performance is not a guide to future returns. **How has XMGA done after inflation?** Over the year to 13/11/2026 XMGA’s total return was +12.3%, or +8.3% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/equity/amundi-msci-usa-ex-mega-cap-ucits-etf-acc/ie000xl4ixu1) - Links checked 12/10/2026. --- 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.