iShares MSCI USA Quality Dividend Advanced UCITS ETF

What this fund is

iShares MSCI USA Quality Dividend Advanced UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker HDIQ (ISIN IE00BKM4H312). 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 NVIDIA CORP, APPLE INC and APPLIED MATERIAL INC. With about 101 holdings (the ten largest ≈ 33.4%), your money is diversified rather than concentrated in a handful of names.

Geographically it leans ~100% United States. By industry it concentrates most in ~40.7% Technology and ~14% Health Care. 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 0.35% a year — about €35 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 0.76% (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 38% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2014. 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.)