iShares S&P 500 Equal Weight UCITS ETF

What this fund is

iShares S&P 500 Equal Weight UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker ISPE (ISIN IE0003WV2ME7). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. Rather than a manager picking stocks, it simply replicates the S&P 500 index — the passive, low-cost approach, and its largest holdings include EUR CASH, MODERNA INC and AXON ENTERPRISE INC. It holds around 512 positions (the ten largest ≈ 2.8%), spreading risk so no single holding decides your outcome.

Its biggest country exposures are ~99.7% United States and ~0.3% European Union. Its heaviest sectors are ~16.6% Industrials and ~15.5% Financials. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.17% a year — about €17 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in GBP. Its price has swung about 10.9% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2022. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)