iShares S&P 500 Equal Weight UCITS ETF USD (Acc) GBP

Description

iShares S&P 500 Equal Weight UCITS ETF USD (Acc) GBP is a equity ETF from iShares tracking the S&P 500 Equal Weight index through physical replication. Domiciled in Ireland and launched in 2022, the fund manages about 4.2 bn € and charges a TER of 0.15% — 15 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).

The fund in context

iShares S&P 500 Equal Weight UCITS ETF USD (Acc) GBP competes with 5 other products on the same index (S&P 500 Equal Weight): it ranks 2nd by fund size and 1st by ongoing cost, with a TER of 0.15% against a group median of 0.19%. It has been listed since 2022, 4 years of track record.

On a €10,000 investment the TER costs 15 € a year, and no product in the group costs less.

Replication is physical: the fund holds the underlying securities directly.

Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in USD. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.

Irish domicile lets the fund apply the Ireland–US tax treaty, with 15% withholding instead of 30% on US dividends received by the fund.

Stock exchange listings

Compare with similar ETFs

• XDEW — Xtrackers S&P 500 Equal Weight (Acc) 0.25%
• XDEE — Xtrackers S&P 500 Equal Weight UCITS ETF 2C EUR Hedged 0.20%
• RSPS — Invesco S&P 500 Equal Weight Swap UCITS ETF - Acc 0.20%
• XDED — Xtrackers S&P 500 Equal Weight UCITS ETF 2D EUR 0.15%

Compare brokers

• Scalable Capital
• Trade Republic

ETF savings plans