iShares Edge MSCI USA Quality Factor UCITS ETF

What this fund is

iShares Edge MSCI USA Quality Factor UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IUQD (ISIN IE00BF2QSQ20). 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 technology 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 USA index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include APPLE INC, MICROSOFT CORP and NVIDIA CORP.

With about 262 holdings (the ten largest ≈ 44.2%), your money is diversified rather than concentrated in a handful of names. By geography it is weighted towards ~200% United States. Its heaviest sectors are ~74.4% Technology and ~23.1% Financials. 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 0.2% a year — about €20 a year on a €10,000 holding, taken automatically from the fund.

It is a distributing share class — dividends are paid to you as cash rather than reinvested, and over the last year it paid out roughly 0.667022% (its trailing yield). 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 11.2% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2018. 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.)