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 EFRW (ISIN IE000DVLBQ03). 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 BIO TECHNE CORP. It holds around 513 positions (the ten largest ≈ 2.7%), spreading risk so no single holding decides your outcome.

Geographically it leans ~99.7% United States and ~0.3% European Union. By industry it concentrates most in ~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. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

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 EUR. Its price has swung about 10.9% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2025. 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.)