← All ETFs

Available in 10 markets

iShares MSCI EMU Large Cap UCITS ETF

iShares · IE00BCLWRF22

iShares MSCI EMU Large Cap UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker 0MUL (ISIN IE00BCLWRF22). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do…

· Tracks the MSCI EMU index ?

Equity ?Accumulating ?Physical ?Ireland ?

Mid-range feeReinvests dividendsOwns the shares directlyEurozone

Find funds like this

iShares funds Domiciled in Ireland Accumulating Physically replicated Eurozone stocks Yearly fee under 0.5%

Opens the screener with this filter applied.

Fund size (AUM) ?

€165.4M

Risk level (SRI) ?

6 / 7 · High

1-year return ?

+20.2%

Total return · to 2026-07-24

Yearly fee (TER) ?

0.49%

All-in cost ≈ 0.49%

About this fund

What you own

The MSCI EMU index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 109 companies across Eurozone in a single purchase.

Dividends

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

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).

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

0.49%Yearly fee (TER)

0.49%All-in cost

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

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 EMU

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

Sep 2013

13-year track record

Recommended holding period

medium to long term

Performance

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

iShares MSCI EMU Large Cap UCITS ETF Average MSCI EMU ETF (funds we track) ?

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

YTD+10.9%

1 year+20.2%

3 years+14.9%

5 years+10.6%

Return, year by year

-11.4

+20.6

+8.5

+22.7

'22'23'24'25

3 of 4 up yearsBest: 2025 +22.7%Worst: 2022 -11.4%Calendar-year total returns, in EUR

How bumpy has it been?

15.4%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-15.8%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

1.02

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

+67.4%

Since inception

Total growth since launch — about +10.7% a year.

+32.6%

Best 12 months

The strongest one-year stretch on record.

-19.1%

Worst 12 months

The weakest one-year stretch on record.

-24.1%

Worst fall on record ?

It clawed back in about 7 months.

What's inside

By sector ?

Financials25.5%

Industrials19.2%

Technology19.1%

Consumer Discretionary8.6%

Utilities6.8%

Health Care5.7%

Consumer Staples5.3%

Materials3.6%

The 10 biggest holdings make up 35.1% of the fund — the rest is spread across roughly 99 more companies.

Top 10 holdings

#	Company	Weight
1	ASML HOLDING NV	11.1%
2	SIEMENS N AG	3.7%
3	BANCO SANTANDER SA	3.2%
4	ALLIANZ	2.8%
5	SCHNEIDER ELECTRIC	2.7%
6	SAP	2.6%
7	TOTALENERGIES	2.3%
8	SIEMENS ENERGY N AG	2.3%
9	BANCO BILBAO VIZCAYA ARGENTARIA SA	2.3%
10	IBERDROLA SA	2.2%

Where to buy this fund

Where you live:

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

Where it trades

Exchange	Ticker	Currency
LSE	0MUL	EUR	★ Primary
CHF listings
SIX	EMUL	CHF
EUR listings
B4	IS3GEUR	EUR
Borsa Italiana	EMUL	EUR
BW	EMUL	EUR
BW	EMULCHF	EUR
EB	EMULM	EUR
EB	IS3GD	EUR
Frankfurt	IS3G	EUR
GD	IS3G	EUR
GF	IS3G	EUR
GI	IS3G	EUR
GM	IS3G	EUR
GS	IS3G	EUR
GT	IS3G	EUR
GZ	IS3G	EUR
I2	EMULM	EUR
I2	IS3GD	EUR
IX	EMULM	EUR
IX	EMULZ	EUR
IX	IS3GD	EUR
L1	IS3GD	EUR
LA	IS3G	EUR
London Stock Exchange	0MUL	EUR
London Stock Exchange	EMUL	EUR
LU	IS3G	EUR
PO	EMULZ	EUR
QE	IS3GD	EUR
QT	IS3G	EUR
QX	EMULZ	EUR
QX	IS3GD	EUR
S1	EMULM	EUR
S4	EMULM	EUR
SE	EMUL	EUR
TH	IS3G	EUR
TQ	EMULZ	EUR
X2	EMULEUR	EUR
X9	IS3GEUR	EUR
XS	EMULEUR	EUR
XS	EULCGBP	EUR
XS	IS3GEUR	EUR

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-24 · the fund's own published holdings.

#	Company	Weight
1	ASML HOLDING NV	11.1%
2	SIEMENS N AG	3.7%
3	BANCO SANTANDER SA	3.2%
4	ALLIANZ	2.8%
5	SCHNEIDER ELECTRIC	2.7%
6	SAP	2.6%
7	TOTALENERGIES	2.3%
8	SIEMENS ENERGY N AG	2.3%
9	BANCO BILBAO VIZCAYA ARGENTARIA SA	2.3%
10	IBERDROLA SA	2.2%
11	AIRBUS GROUP	2.2%
12	SAFRAN SA	2.2%
13	LVMH	2.2%
14	LAIR LIQUIDE SOCIETE ANONYME POUR	2.0%
15	UNICREDIT	2.0%
16	BNP PARIBAS SA	1.8%
17	INFINEON TECHNOLOGIES AG	1.8%
18	LOREAL SA	1.6%
19	DEUTSCHE TELEKOM N AG	1.5%
20	INTESA SANPAOLO	1.5%
21	ING GROEP NV	1.5%
22	SANOFI SA	1.4%
23	ENEL	1.4%
24	AXA SA	1.2%
25	MUENCHENER RUECKVERSICHERUNGS-GESE	1.1%
26	ANHEUSER-BUSCH INBEV SA	1.1%
27	INDUSTRIA DE DISENO TEXTIL SA	1.1%
28	DEUTSCHE BANK AG	1.0%
29	VINCI SA	1.0%
30	NOKIA	1.0%
31	RHEINMETALL AG	0.9%
32	NORDEA BANK	0.9%
33	ESSILORLUXOTTICA SA	0.9%
34	DEUTSCHE POST AG	0.9%
35	ARGENX	0.9%
36	BAYER AG	0.9%
37	PROSUS NV CLASS N	0.9%
38	SOCIETE GENERALE SA	0.9%
39	ENGIE SA	0.9%
40	DEUTSCHE BOERSE AG	0.8%
41	DANONE SA	0.8%
42	ASM INTERNATIONAL NV	0.8%
43	CAIXABANK SA	0.8%
44	E.ON N	0.8%
45	BASF N	0.7%
46	HERMES INTERNATIONAL	0.7%
47	FERRARI NV	0.7%
48	STMICROELECTRONICS NV	0.7%
49	NEBIUS NV CLASS A	0.7%
50	ENI	0.7%
51	RWE AG	0.7%
52	ERSTE GROUP BANK AG	0.6%
53	LEGRAND SA	0.6%
54	COMPAGNIE DE SAINT GOBAIN SA	0.6%
55	ASSICURAZIONI GENERALI	0.6%
56	MERCEDES-BENZ GROUP N AG	0.6%
57	KONINKLIJKE AHOLD DELHAIZE NV	0.6%
58	UCB SA	0.5%
59	ADIDAS N AG	0.5%
60	ORANGE SA	0.5%
61	FERROVIAL NV	0.5%
62	KBC GROEP	0.5%
63	COMMERZBANK AG	0.4%
64	ARCELORMITTAL SA	0.4%
65	ADYEN NV	0.4%
66	HEIDELBERG MATERIALS AG	0.4%
67	AMADEUS IT GROUP SA	0.4%
68	THALES SA	0.4%
69	SAMPO CLASS A	0.4%
70	VEOLIA ENVIRON. SA	0.4%
71	HEINEKEN NV	0.4%
72	MICHELIN	0.4%
73	BANCA MONTE DEI PASCHI DI SIENA SP	0.4%
74	AENA SME SA	0.4%
75	DAIMLER TRUCK HOLDING E AG	0.4%
76	BMW AG	0.4%
77	UNIVERSAL MUSIC GROUP NV	0.3%
78	COCA COLA EUROPACIFIC PARTNERS PLC	0.3%
79	KONINKLIJKE PHILIPS NV	0.3%
80	MERCK	0.3%
81	KERING SA	0.3%
82	KONE	0.3%
83	CREDIT AGRICOLE SA	0.3%
84	EUR CASH	0.3%
85	VONOVIA SE	0.3%
86	VOLKSWAGEN NON-VOTING PREF AG	0.3%
87	HANNOVER RUECK	0.3%
88	CAPGEMINI	0.3%
89	TELEFONICA SA	0.2%
90	DASSAULT SYSTEMES	0.2%
91	ENDESA SA	0.2%
92	SIEMENS HEALTHINEERS AG	0.2%
93	HENKEL & KGAA PREF AG	0.2%
94	RYANAIR HOLDINGS PLC	0.2%
95	NATURGY ENERGY GROUP SA	0.2%
96	STELLANTIS NV	0.2%
97	BEIERSDORF AG	0.1%
98	HENKEL AG	0.1%
99	SARTORIUS STEDIM BIOTECH SA	0.1%
100	DR ING HC F PORSCHE PRF AG	0.1%
101	BLK ICS EUR LIQ FUND AGEN ACC T0	0.1%
102	VERBUND AG	0.1%
103	DERECHOS IBERDROLA S.A. SA	0.0%
104	CSG CLASS A NV	0.0%
105	CASH COLLATERAL EUR BZFUT	0.0%
106	USD CASH	0.0%
107	GBP CASH	0.0%
108	CHF CASH	0.0%
109	EURO STOXX 50 SEP 26	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 5% of similar ETFs💰 All-in cost cheaper than 10%📈 Higher 1-yr return than 83%📈 Higher 3-yr return than 59%📈 Higher 5-yr return than 88%📊 Beat its category by 7.6% (1-yr) (category average +12.6%)📊 Beat its category by 1.7% (3-yr) (category average +13.2%)📊 Beat its category by 4.2% (5-yr) (category average +6.4%)

Versus the Equity (stocks) · Eurozone · EUR ETFs we track.

Advanced risk

1.49

Sortino (3y) ?

0.94

Calmar (3y) ?

9.9%

Downside deviation ?

83%

Up months (hit rate) ?

€79.28

52-week high ?

€62.38

52-week low ?

Concentration depth

~38 ?

Effective number of holdings

Roughly 109 companies are held, but the largest names carry most of the weight — so it behaves like ~38 equal-sized positions.

Tilt vs a world tracker

United States-72.1

France+27.6

Germany+24.8

Netherlands+15.8

Spain+10.5

Technology-10.1

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

Estimated fund flows

−€16.3M

Estimated net flow, last 3 months

Estimated from fund-size changes.

Documents

📄 KID (PDF)

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🌍 Eurozone stocks

Compare side by side

6 similar funds

	iShares MSCI EMU Large Cap UCITS ETFiSharesYou're viewing	iShares Core MSCI EMU UCITS ETFiSharesSame index	UBS Core MSCI EMU UCITS ETF hGBP disUBSSame index	UBS Core MSCI EMU UCITS ETF hGBP accUBSSame index	UBS Core MSCI EMU UCITS ETF hCHF accUBSSame index	iShares Core MSCI EMU UCITS ETFiSharesSame index	iShares Core MSCI EMU UCITS ETFiSharesSame index
Why it's similar	This is the fund on this page.	Same indexPhysicalCheaper fee	Same indexPhysicalCheaper fee	Same indexAccumulatingPhysicalCheaper fee	Same indexAccumulatingPhysicalCheaper fee	Same indexAccumulatingPhysicalCheaper fee	Same indexPhysicalCheaper fee
Index tracked	MSCI EMU	MSCI EMU	MSCI EMU	MSCI EMU	MSCI EMU	MSCI Emu	MSCI Emu
Yearly fee (TER)	0.49%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%
All-in cost	0.49%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%
Fund size	€165.4M	€9.2B	€8.8B	€8.8B	€8B	€7.9B	€7.9B
Domicile	Ireland	Ireland	LU	LU	LU	Ireland	Ireland
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	+14.9%	+14.3%	+16.7%	+19.6%	+15.0%	+19.9%	+15.2%
5-yr return p.a.	+10.6%	+9.5%	+9.0%	+11.9%	+8.5%	+10.6%	+8.6%
# holdings	109	230	10	10	10	230	230

The fund on this page stays pinned on the left — scroll or use ‹ › to compare it against each one.

Open the full comparison tool →

Data as of 2026-07-24 · Source: issuer data, compiled by Finance Hamster

New to ETFs? Start with the basics →

Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.