ETF · iShares
XUSE iShares MSCI World ex-USA UCITS ETF AccumUSD
ISIN IE000R4ZNTN3London Stock Exchange: XUSEBlackRock, Inc.
- Global shares
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£5.34
on
- Ongoing charge
- 0.16% a year
- Fund size
- £2.9bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XUSE (iShares MSCI World ex-USA UCITS ETF AccumUSD, ISIN IE000R4ZNTN3) closed at £5.34 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 +8.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +12.3%
- +8.4% 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 MSCI World ex-USA UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +11.7%. Returns of iShares MSCI World ex-USA UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +11.7% | +8.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +15.8% | +11.7% |
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)
12.5%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since April 2025
- −9.6%
- From to
- Below its highest weekly close since April 2025
- 1.9%
- High of , latest
In words: Volatility of iShares MSCI World ex-USA UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 12.5% over 1 year. Largest fall in the price of iShares MSCI World ex-USA UCITS ETF AccumUSD since April 2025, in pounds: −9.6% from 27/02/2026 to 20/03/2026. On 13/11/2026 the price of iShares MSCI World ex-USA UCITS ETF AccumUSD was 1.9% below its highest weekly close since April 2025 (14/08/2026), 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
- 0.16%
- a year
- On £10,000
- £16
- a year, roughly
- Over five years
- £80
- of £10,000, before growth
- 45 charge less
- 3 the same
- 159 charge more
Ongoing charge of iShares MSCI World ex-USA UCITS ETF AccumUSD 0.16% a year. Compared on 14/11/2026, 159 of the 207 other global share funds charge more, 3 the same and 45 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares MSCI World ex-USA UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2025.
It tracks the MSCI World ex USA — 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 0.16% 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.
Global shares: Thousands of companies across many countries, held in one fund — the broadest way to own the stock market.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- XUSE
- ISIN
- IE000R4ZNTN3
- Also listed as
- IXUA (Xetra, euros)
- Provider
- iShares
- Tracks
- MSCI World ex USA
- 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
- 0.16% a year · about £16 on £10,000
- Fund size
- £2.9bn
- 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
- Global shares
Price chart
Over the last year, the closing price went from £4.72 on 14/11/2025 to £5.34 on 13/11/2026 (+13.1%). The lowest close shown was £4.59 on 21/11/2025 and the highest £5.45 on 14/08/2026.
One close a week. Before 31/07/2026 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
82 weekly closes, from 25/04/2025 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
- 737
- on record
- Ten largest
- 12.7%
- of the whole fund
- Effective number of holdings
- 232
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 2.3%
- ASML
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | ASMLASMLInformation Technology | 2.31% |
| 2 | Roche Ps ParHealth Care | 1.39% |
| 3 | HSBCHSBAFinancials | 1.25% |
| 4 | NovartisNOVNHealth Care | 1.24% |
| 5 | ShellSHELEnergy | 1.20% |
| 6 | AstraZenecaAZNHealth Care | 1.17% |
| 7 | Royal Bank of CanadaRYFinancials | 1.16% |
| 8 | NestleNESNConsumer Staples | 1.12% |
| 9 | SAPSAPInformation Technology | 0.99% |
| 10 | Mitsubishi UFJ Financial Group8306Financials | 0.91% |
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
- Financials27.6%
- Industrials16.9%
- Health Care10.0%
- Information Technology9.1%
- Consumer Discretionary7.9%
- Materials7.1%
- Consumer Staples6.8%
- Energy5.7%
- Other sectors9.0%
By country
- Japan19.7%
- United Kingdom13.0%
- Canada12.7%
- Switzerland8.7%
- France8.5%
- Germany7.8%
- Australia5.8%
- Netherlands4.7%
- Other countries19.1%
By type of asset
- Equity99.6%
- Cash and money market0.4%
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 732 holdings; the ten largest make up 12.7% 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
Funds tracking the same index
5 funds track MSCI World ex USA, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.16% a year (13/11/2026).
| Fund | Charge | 1 year |
|---|---|---|
| Amundi MSCI World ex USA UCITS ETFAccumulating · 0.15% a year | 0.15% | +11.7% |
| MSCI World ex-USA UCITS ETF USDDistributing · 0.16% a year | 0.16% | Not reported |
| iShares MSCI World ex-USA UCITS ETF AccumUSDThis fundAccumulating · 0.16% a year | 0.16% | +12.3% |
| Xtrackers MSCI World ex USA UCITS ETF -1D- USDDistributing · 0.15% a year | 0.15% | +10.1% |
| Xtrackers MSCI World ex USA UCITS ETF 1C USDAccumulating · 0.15% a year | 0.15% | +12.6% |
As of
MSCI World ex USA funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
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 accountLargest falls and recoveries
The 3 largest falls since April 2025, 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 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 132 global share funds, not currency-hedged, highest first.
Pro
Pro — currently by invitation
Pro includes the rank among similar funds
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 XUSE?
The ongoing charge of XUSE 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 iShares MSCI World ex-USA UCITS ETF AccumUSD 0.16% a year. Compared on 14/11/2026, 159 of the 207 other global share funds charge more, 3 the same and 45 less (share classes counted once).
What does XUSE track?
XUSE tracks the MSCI World ex USA — about 1,300 large and medium-sized companies in 23 developed countries, around 70% of it in the US.
Is XUSE accumulating or distributing?
XUSE 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 XUSE?
The ISIN of XUSE is IE000R4ZNTN3. An ISIN identifies one exact share class of a fund; XUSE is its ticker on the London Stock Exchange. The same share class is also listed as IXUA (Xetra, euros).
What does XUSE hold?
As of 06/11/2026, XUSE holds 732 positions, according to its published holdings. The largest is ASML at 2.31% of the fund; the ten largest make up 12.7%. Its ten largest holdings are ASML (2.31%), Roche Ps Par (1.39%), HSBC (1.25%), Novartis (1.24%), Shell (1.20%), AstraZeneca (1.17%), Royal Bank of Canada (1.16%), Nestle (1.12%), SAP (0.99%) and Mitsubishi UFJ Financial Group (0.91%).
What were XUSE’s returns in each of the last five years?
Calendar-year returns of XUSE in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 +11.7%. Past performance is not a guide to future returns.
How has XUSE done after inflation?
Over the year to 13/11/2026 XUSE’s total return was +12.3%, or +8.4% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- SWDAiShares Core MSCI World UCITS ETF0.20% a year · £110bn
- VWRPVanguard FTSE All-World UCITS ETF Accum USD0.14% a year · £49bn
- SSACiShares MSCI All Country World UCITS ETF0.20% a year · £26bn
- VWRLVanguard FTSE All-World UCITS ETF0.14% a year · £20bn
- XWLDXtrackers MSCI World UCITS ETF0.12% a year · £18bn
- ACWIState Street SPDR MSCI All Country World UCITS ETF0.12% a year · £16bn
- SWLDState Street SPDR MSCI World UCITS ETF0.12% a year · £16bn
- MWRLAmundi Core MSCI World UCITS ETF Accum USD0.13% a year · £13bn
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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