iShares MSCI EM Swap UCITS ETF

iShares MSCI EM Swap UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker ESWP (ISIN IE000S3N6R34). 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 or dies by that one area rather than the economy as a whole. Underneath, 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. It follows the MSCI Emerging Markets index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include MSCI EMERGING MARKETS INDEX, LAM RESEARCH CORP and INTEL CORPORATION. It holds around 204 positions, spreading risk so no single holding decides your outcome. Its biggest country exposures are ~161.6% United States, ~5.3% Switzerland and ~1.9% Denmark. By industry it concentrates most in ~100.1% Other and ~24.6% Technology. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.14% a year — about €14 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 USD. Its price has swung about 26.8% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2026. 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.)