iShares Edge MSCI USA Value Factor UCITS ETF

What this fund is

iShares Edge MSCI USA Value Factor UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IUVD (ISIN IE00BFF5RX68). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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. 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 MICRON TECHNOLOGY INC, CISCO SYSTEMS INC and GENERAL MOTORS. Spread across roughly 157 holdings (the ten largest ≈ 44.4%), no one position makes or breaks the fund.

Its biggest country exposures are ~100% United States and ~0% United Kingdom. Its heaviest sectors are ~39.9% Technology and ~11.7% 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 0.2% 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 1.15% (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 54.6% over the past year — a gauge of how much the value moves, not a judgement of quality. 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.)