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iShares MSCI World Swap UCITS ETF

iShares · IE000512B9Q8

iShares MSCI World Swap UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IWHG (ISIN IE000512B9Q8). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the other part of the market, so it lives…

· Tracks the MSCI World index ?
Equity ?Accumulating ?Physical ?Ireland ?
Low yearly feeReinvests dividendsOwns the shares directlyGlobalConcentrated in a few names
Fund size (AUM) ?
€2.5B
Risk level (SRI) ?
6 / 7 · High
Yearly fee (TER) ?
0.12%
All-in cost ≈ 0.12%

About this fund

What you own

The MSCI World index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 279 companies across Global in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.12%Yearly fee (TER)
0.12%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MSCI World
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
Nov 2025
Recommended holding period
medium to long term

Performance

99.599.799.899.9100202520252025

Growth of £100 invested — both lines start at £100.

iShares MSCI World Swap UCITS ETF Average MSCI World ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+9.7%

How bumpy has it been?

12.0%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-7.7%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+11.5%
Since inception
Total growth since the fund launched.
-7.7%
Worst fall on record ?
It clawed back in about 1 month.

What's inside

By sector ?

Other50.4%
Technology19.0%
Consumer Discretionary8.8%
Energy4.3%
Financials4.2%
Industrials4.2%
Health Care2.5%
Communication Services2.5%

The 10 biggest holdings make up 101.0% of the fund — the rest is spread across roughly 132 more companies.

Top 10 holdings

#CompanyWeight
1MSCI WORLD GROSS TR INDEX99.8%
27USD CASH1.2%
140EUR CASH0.0%
141HALLIBURTON0.0%
142FISERV INC0.0%
143CROWDSTRIKE HOLDINGS INC CLASS A0.0%
144CBRE GROUP INC CLASS A0.0%
145CASH COLLATERAL USD JPLSW0.0%
146WATERS CORP0.0%
147LOWES COMPANIES INC0.0%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
LSEIWHGGBP★ Primary
GBP listings
B3IWHGLGBP
E1IWHGGBXGBP
EOIWHGGBXGBP
EUIWHGGBXGBP
L1IWHGLGBP
L3IWHGLGBP
London Stock ExchangeIWHGGBP
POIWHGLGBP
X1IWHGGBXGBP
X2IWHGGBXGBP
XAIWHGGBXGBP
XFIWHGGBXGBP
XGIWHGGBXGBP
XHIWHGGBXGBP
XJIWHGGBXGBP
XLIWHGGBXGBP
XOIWHGGBXGBP
XQIWHGGBXGBP
XTIWHGGBXGBP
XUIWHGGBXGBP
XVIWHGGBXGBP
XWIWHGGBXGBP
XXIWHGGBXGBP
XYIWHGGBXGBP
XZIWHGGBXGBP
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-28 · the fund's own published holdings.

#CompanyWeight
1MSCI WORLD GROSS TR INDEX99.8%
27USD CASH1.2%
140EUR CASH0.0%
141HALLIBURTON0.0%
142FISERV INC0.0%
143CROWDSTRIKE HOLDINGS INC CLASS A0.0%
144CBRE GROUP INC CLASS A0.0%
145CASH COLLATERAL USD JPLSW0.0%
146WATERS CORP0.0%
147LOWES COMPANIES INC0.0%
148EMCOR GROUP INC0.0%
149TOAST INC CLASS A0.0%
150GALDERMA GROUP N AG0.0%
151VERIZON COMMUNICATIONS INC0.0%
152SYNCHRONY FINANCIAL0.0%
153BURLINGTON STORES INC0.0%
154UNITED RENTALS INC0.0%
155PRINCIPAL FINANCIAL GROUP INC0.0%
156YUM BRANDS INC0.0%
157HYATT HOTELS CORP CLASS A-0.1%
158KENVUE INC-0.1%
159TEXTRON INC-0.1%
160VEEVA SYSTEMS INC CLASS A-0.1%
161ELI LILLY-0.1%
162AMPHENOL CORP CLASS A-0.1%
163EQT CORP-0.1%
164EMERSON ELECTRIC-0.1%
165LINDE PLC-0.1%
166LEIDOS HOLDINGS INC-0.1%
167BERKSHIRE HATHAWAY INC CLASS B-0.1%
168FEDEX CORP-0.1%
169EOG RESOURCES INC-0.1%
170PACCAR INC-0.1%
171NIKE INC CLASS B-0.1%
172LOGITECH INTERNATIONAL SA-0.1%
173DELL TECHNOLOGIES INC CLASS C-0.1%
174CELESTICA INC-0.1%
175COSTAR GROUP INC-0.1%
176ABBVIE INC-0.1%
177L3HARRIS TECHNOLOGIES INC-0.1%
178EVEREST GROUP LTD-0.1%
179KROGER-0.1%
180UNITEDHEALTH GROUP INC-0.1%
181ADOBE INC-0.1%
182HOME DEPOT INC-0.1%
183SOFI TECHNOLOGIES INC-0.2%
184AT&T INC-0.2%
185GENUINE PARTS-0.2%
186OLD DOMINION FREIGHT LINE INC-0.2%
187WASTE CONNECTIONS INC-0.2%
188VALERO ENERGY CORP-0.2%
189GLOBAL PAYMENTS INC-0.2%
190HEWLETT PACKARD ENTERPRISE-0.2%
191ARCH CAPITAL GROUP LTD-0.2%
192AUTODESK INC-0.2%
193NETAPP INC-0.2%
194ARISTA NETWORKS INC-0.3%
195COREWEAVE INC CLASS A-0.3%
196KLA CORP-0.3%
197EQUINIX REIT INC-0.3%
198MERCK & CO INC-0.3%
199ALTRIA GROUP INC-0.3%
200ALLSTATE CORP-0.3%
201DOMINION ENERGY INC-0.3%
202CENTENE CORP-0.4%
203BROADRIDGE FINANCIAL SOLUTIONS INC-0.4%
204NEXTERA ENERGY INC-0.4%
205CATERPILLAR INC-0.4%
206RIVIAN AUTOMOTIVE INC CLASS A-0.4%
207FOX CORP CLASS A-0.4%
208INTUITIVE SURGICAL INC-0.4%
209METLIFE INC-0.4%
210AUTOZONE INC-0.4%
211NETFLIX INC-0.4%
212CONSTELLATION ENERGY CORP-0.5%
213DOVER CORP-0.5%
214MERCADOLIBRE INC-0.5%
215VERTEX PHARMACEUTICALS INC-0.5%
216ORACLE CORP-0.5%
217TEXAS INSTRUMENT INC-0.5%
218COMPAGNIE FINANCIERE RICHEMONT SA-0.6%
219LIVE NATION ENTERTAINMENT INC-0.6%
220IDEXX LABORATORIES INC-0.6%
221DUKE ENERGY CORP-0.6%
222SHERWIN WILLIAMS-0.6%
223LOEWS CORP-0.6%
224INTERNATIONAL BUSINESS MACHINES CO-0.6%
225SNOWFLAKE INC-0.6%
226PROCTER & GAMBLE-0.7%
227AVOLTA AG-0.7%
228CADENCE DESIGN SYSTEMS INC-0.7%
229ADVANCED MICRO DEVICES INC-0.7%
230QUALCOMM INC-0.8%
231HUMANA INC-0.8%
232ONEOK INC-0.8%
233ON SEMICONDUCTOR CORP-0.8%
234ALPHABET INC CLASS A-0.8%
235HCA HEALTHCARE INC-0.8%
236DOW INC-0.8%
237PHILLIPS 66-0.8%
238CARRIER GLOBAL CORP-0.8%
239JABIL INC-0.8%
240HARTFORD INSURANCE GROUP INC-0.8%
241JOHNSON & JOHNSON-0.9%
242VISA INC CLASS A-0.9%
243TRAVELERS COMPANIES INC-0.9%
244WELLTOWER INC-0.9%
245FORTIVE CORP-0.9%
246COPART INC-1.0%
247AMERICAN ELECTRIC POWER INC-1.0%
248SS AND C TECHNOLOGIES HOLDINGS INC-1.0%
249KINDER MORGAN INC-1.0%
250NVR INC-1.0%
251CASH COLLATERAL USD BBSW (FEDFUND)-1.0%
252SERVICENOW INC-1.1%
253ALPHABET INC CLASS C-1.1%
254CHUBB-1.2%
255WARNER BROS. DISCOVERY INC SERIES-1.3%
256NEWMONT-1.3%
257MICROSOFT CORP-1.6%
258INTEL CORPORATION-1.7%
259WESTERN DIGITAL CORP-1.7%
260CHEVRON CORP-1.8%
261BROADCOM INC-1.8%
262WILLIAMS INC-1.9%
263AMERICAN EXPRESS-1.9%
264ROSS STORES INC-1.9%
265PALANTIR TECHNOLOGIES INC CLASS A-2.0%
266MARATHON PETROLEUM CORP-2.0%
267BOOKING HOLDINGS INC-2.1%
268ASTERA LABS INC-2.1%
269LAM RESEARCH CORP-2.1%
270ARTHUR J GALLAGHER-2.1%
271GENERAL MOTORS-2.2%
272RTX CORP-2.2%
273PALO ALTO NETWORKS INC-2.2%
274APPLE INC-2.5%
275APPLOVIN CORP CLASS A-2.8%
276APPLIED MATERIAL INC-3.2%
277AMAZON.COM INC-3.4%
278NVIDIA CORP-4.2%
279TESLA INC-4.3%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 84% of similar ETFs💰 All-in cost cheaper than 100%

Versus the Equity (stocks) · Global · GBP ETFs we track.

Advanced risk

7.5%
Downside deviation ?
57%
Up months (hit rate) ?
£5.68
52-week high ?
£4.86
52-week low ?

Concentration depth

~4 ?
Effective number of holdings

Roughly 279 companies are held, but the largest names carry most of the weight — so it behaves like ~4 equal-sized positions.

Tilt vs a world tracker

Other+50.1
United States+27.2
Financials-12.1
Technology-10.2
Industrials-7.4
Health Care-6.8

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Estimated fund flows

−€30.7M
Estimated net flow, last month

Estimated from fund-size changes.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Global stocks
Compare side by side
6 similar funds
iShares MSCI World Swap UCITS ETFiSharesYou're viewingiShares Core MSCI World UCITS ETFiSharesSame indexiShares Core MSCI World UCITS ETFiSharesSame indexiShares Core MSCI World UCITS ETFiSharesSame indexiShares Core MSCI World UCITS ETFiSharesSame indexState Street® SPDR® Portfolio Developed World ex-US ETFSPDRBroader matchiShares MSCI ACWI UCITS ETFiSharesBroader match
Why it's similarThis is the fund on this page.
Same indexPhysical
Same indexPhysical
Same indexPhysical
Same indexAccumulatingPhysical
StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysical
Tracks a different index in the same category.
Index trackedMSCI WorldMSCI WorldMSCI WorldMSCI WorldMSCI WorldS&P Developed Ex-U.S. BMI IndexMSCI ACWI
Yearly fee (TER)0.12%0.30%0.30%0.20%0.20%0.03%0.20%
All-in cost0.12%0.30%0.00%0.00%0.20%0.00%0.00%
Fund size€2.5B€168.1B€146.5B€128.1B€127.6B€35.8B€30.7B
DomicileIrelandIrelandIrelandIrelandIrelandUnited StatesIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+16.8%+17.8%+18.3%+15.9%
5-yr return p.a.+9.7%+9.3%+11.3%+6.5%
# holdings2791,3561,3561,3561,3562,4691,738

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Data as of 2026-07-28 · Source: issuer data, compiled by Finance Hamster

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