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iShares Edge MSCI Europe Momentum Factor UCITS ETF

iShares · IE00BQN1K786

iShares Edge MSCI Europe Momentum Factor UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IEFM (ISIN IE00BQN1K786). 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…

· Tracks the MSCI Europe Momentum Factor index ?

Equity ?Accumulating ?Physical ?Ireland ?

Low yearly feeReinvests dividendsOwns the shares directlyEurope

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iShares funds Domiciled in Ireland Accumulating Physically replicated Europe stocks Yearly fee under 0.25%

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Fund size (AUM) ?

€803.4M

Risk level (SRI) ?

6 / 7 · High

1-year return ?

+18.9%

Total return · to 2026-07-21

Yearly fee (TER) ?

0.25%

All-in cost ≈ 0.25%

About this fund

What you own

The MSCI Europe Momentum Factor index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 139 companies across Europe 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

0.25%Yearly fee (TER)

0.25%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 Europe Momentum Factor

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

Jan 2015

11-year track record

Recommended holding period

medium to long term

Performance

Growth of €100 invested — the line starts at €100.

iShares Edge MSCI Europe Momentum Factor UCITS ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

YTD+8.9%

1 year+18.9%

3 years+20.2%

5 years+11.5%

Return, year by year

-15.3

+12.8

+20.0

+27.2

'22'23'24'25

3 of 4 up yearsBest: 2025 +27.2%Worst: 2022 -15.3%Calendar-year total returns, in EUR

How bumpy has it been?

17.6%

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.

1.30

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

+72.7%

Since inception

Total growth since launch — about +11.4% a year.

+40.7%

Best 12 months

The strongest one-year stretch on record.

-18.7%

Worst 12 months

The weakest one-year stretch on record.

-23.7%

Worst fall on record ?

It clawed back in about 17 months.

What's inside

By sector ?

Financials22.8%

Health Care16.5%

Industrials13.4%

Technology11.9%

Utilities11.2%

Energy11.0%

Materials7.1%

Communication Services2.7%

The 10 biggest holdings make up 39.7% of the fund — the rest is spread across roughly 129 more companies.

Top 10 holdings

#	Company	Weight
1	ASML HOLDING NV	6.2%
2	HSBC HOLDINGS PLC	5.3%
3	NOVARTIS AG	4.3%
4	ROCHE PS PAR AG	4.0%
5	BANCO SANTANDER SA	3.9%
6	SIEMENS ENERGY N AG	3.4%
7	TOTALENERGIES	3.3%
8	ABB LTD	3.2%
9	IBERDROLA SA	3.2%
10	ASTRAZENECA PLC	3.0%

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	IEFM	EUR	★ Primary
EUR listings
B4	CEMREUR	EUR
Borsa Italiana	IEMO	EUR
BW	CEMR	EUR
EB	CEMRD	EUR
EB	IEMOM	EUR
EB	IEMOZ	EUR
Frankfurt	CEMR	EUR
GD	CEMR	EUR
GF	CEMR	EUR
GM	CEMR	EUR
GS	CEMR	EUR
GT	CEMR	EUR
GZ	CEMR	EUR
I2	CEMRD	EUR
IX	CEMRD	EUR
IX	IEMOM	EUR
IX	IEMOZ	EUR
LA	CEMR	EUR
London Stock Exchange	IEFM	EUR
LU	CEMR	EUR
MF	CEMRN	EUR
MM	CEMRN	EUR
MU	CEMRN	EUR
PZ	IEFM	EUR
PZ	IEMO	EUR
QE	CEMRD	EUR
QT	CEMR	EUR
QX	CEMRD	EUR
S1	CEMRD	EUR
S1	IEMOM	EUR
S4	IEMOM	EUR
S4	CEMRD	EUR
SE	IEMO	EUR
T2	CEMR	EUR
TH	CEMR	EUR
X9	IEMOEUR	EUR
X9	IEMOGBP	EUR
XS	CEMREUR	EUR
XS	IEMOEUR	EUR
XS	IEMOGBP	EUR

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

Full holdings

As of 2026-07-21 · the fund's own published holdings.

#	Company	Weight
1	ASML HOLDING NV	6.2%
2	HSBC HOLDINGS PLC	5.3%
3	NOVARTIS AG	4.3%
4	ROCHE PS PAR AG	4.0%
5	BANCO SANTANDER SA	3.9%
6	SIEMENS ENERGY N AG	3.4%
7	TOTALENERGIES	3.3%
8	ABB LTD	3.2%
9	IBERDROLA SA	3.2%
10	ASTRAZENECA PLC	3.0%
11	SHELL PLC	2.9%
12	BANCO BILBAO VIZCAYA ARGENTARIA SA	2.5%
13	RIO TINTO PLC	2.1%
14	NOKIA	1.9%
15	BRITISH AMERICAN TOBACCO	1.8%
16	GLENCORE PLC	1.6%
17	BP PLC	1.6%
18	ENGIE SA	1.5%
19	GLAXOSMITHKLINE	1.4%
20	LLOYDS BANKING GROUP PLC	1.4%
21	INFINEON TECHNOLOGIES AG	1.3%
22	ENEL	1.2%
23	ENI	1.1%
24	RWE AG	1.1%
25	SOCIETE GENERALE SA	1.1%
26	PRYSMIAN	1.1%
27	BAYER AG	1.0%
28	CAIXABANK SA	1.0%
29	SANDVIK	1.0%
30	INVESTOR CLASS B	1.0%
31	ACS ACTIVIDADES DE CONSTRUCCION Y	0.9%
32	STANDARD CHARTERED PLC	0.9%
33	NORDEA BANK	0.9%
34	SSE PLC	0.8%
35	NATIONAL GRID PLC	0.8%
36	E.ON N	0.8%
37	ASM INTERNATIONAL NV	0.8%
38	ORANGE SA	0.7%
39	REPSOL SA	0.7%
40	SANDOZ GROUP AG	0.7%
41	ANGLO AMERICAN PLC	0.7%
42	STMICROELECTRONICS NV	0.7%
43	ERSTE GROUP BANK AG	0.7%
44	GALDERMA GROUP N AG	0.7%
45	ARCELORMITTAL SA	0.6%
46	FERROVIAL NV	0.6%
47	BASF N	0.5%
48	VESTAS WIND SYSTEMS	0.5%
49	DANSKE BANK	0.5%
50	VAT GROUP AG	0.5%
51	EQUINOR	0.5%
52	AIB GROUP PLC	0.4%
53	UCB SA	0.4%
54	VODAFONE GROUP PLC	0.4%
55	BE SEMICONDUCTOR INDUSTRIES NV	0.4%
56	BPER BANCA	0.4%
57	SWEDBANK	0.4%
58	NN GROUP NV	0.4%
59	AERCAP HOLDINGS NV	0.4%
60	WARTSILA	0.4%
61	ANTOFAGASTA PLC	0.4%
62	KONINKLIJKE AHOLD DELHAIZE NV	0.4%
63	ERICSSON B	0.4%
64	NESTE	0.4%
65	EUR CASH	0.4%
66	TELECOM ITALIA	0.3%
67	ENDESA SA	0.3%
68	SNAM	0.3%
69	SWISSCOM AG	0.3%
70	BANK OF IRELAND GROUP PLC	0.3%
71	SWISS PRIME SITE AG	0.3%
72	HOCHTIEF AG	0.3%
73	HELVETIA BALOISE HOLDING N AG	0.3%
74	BLK ICS EUR LIQ FUND AGEN ACC T0	0.3%
75	BOLIDEN	0.3%
76	NORSK HYDRO	0.2%
77	BAWAG GROUP AG	0.2%
78	ENDEAVOUR MINING	0.2%
79	TELIA COMPANY	0.2%
80	BOUYGUES SA	0.2%
81	ALFA LAVAL	0.2%
82	KONINKLIJKE KPN NV	0.2%
83	ABN AMRO BANK NV	0.2%
84	FRESNILLO PLC	0.2%
85	TENARIS SA	0.2%
86	RAIFFEISEN BANK INTERNATIONAL AG	0.2%
87	METSO CORPORATION	0.2%
88	TELE2 B	0.2%
89	CENTRICA PLC	0.2%
90	UNIPOL ASSICURAZIONI SPA	0.2%
91	HALMA PLC	0.2%
92	FORTUM	0.2%
93	ROCHE HOLDING AG	0.2%
94	MILLICOM INTERNATIONAL CELLULAR SA	0.2%
95	AKER BP	0.2%
96	BANCO COMERCIAL PORTUGUES SA	0.2%
97	COCA COLA HBC AG	0.2%
98	M&G PLC	0.2%
99	ACCIONA SA	0.2%
100	OMV AG	0.2%
101	IPSEN SA	0.1%
102	CARREFOUR SA	0.1%
103	ABIVAX SA	0.1%
104	ITALGAS	0.1%
105	YARA INTERNATIONAL	0.1%
106	REXEL SA	0.1%
107	ORSTED A/S	0.1%
108	ELIA GROUP SA	0.1%
109	INDUSTRIVARDEN SERIES	0.1%
110	SWEDISH ORPHAN BIOVITRUM	0.1%
111	KUEHNE UND NAGEL INTERNATIONAL AG	0.1%
112	EIFFAGE SA	0.1%
113	SEVERN TRENT PLC	0.1%
114	SCHRODERS PLC	0.1%
115	STANDARD LIFE PLC	0.1%
116	GALP ENERGIA SGPS SA CLASS B	0.1%
117	BC VAUD N	0.1%
118	INDUSTRIVARDEN A	0.1%
119	KNORR BREMSE AG	0.1%
120	AIRTEL AFRICA PLC	0.1%
121	GETLINK	0.1%
122	INDRA SISTEMAS SA	0.1%
123	BARRY CALLEBAUT AG	0.1%
124	DERECHOS IBERDROLA S.A. SA	0.1%
125	FINANCIERE DE TUBIZE SA	0.1%
126	GBP CASH	0.1%
127	CASH COLLATERAL EUR BZFUT	0.1%
128	INPOST SA	0.1%
129	LOTUS BAKERIES NV	0.0%
130	VAR ENERGI	0.0%
131	DKK CASH	0.0%
132	DERECHOS ACTIVIDADES DE CONSTRUCCI	0.0%
133	CHF CASH	0.0%
134	SEK CASH	0.0%
135	USD CASH	0.0%
136	NOK CASH	0.0%
137	STOXX 600 BANK SEP 26	0.0%
138	STOXX 600 TECH SEP 26	0.0%
139	STOXX EUR LARGE 200 SEP 26	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 26% of similar ETFs💰 All-in cost cheaper than 33%📈 Higher 1-yr return than 60%📈 Higher 3-yr return than 89%📈 Higher 5-yr return than 81%📊 Beat its category by 1.6% (1-yr) (category average +17.3%)📊 Beat its category by 8.7% (3-yr) (category average +11.5%)📊 Beat its category by 3.6% (5-yr) (category average +7.9%)

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

Advanced risk

1.91

Sortino (3y) ?

1.29

Calmar (3y) ?

11.2%

Downside deviation ?

75%

Up months (hit rate) ?

€16.14

52-week high ?

€13.22

52-week low ?

Concentration depth

~43 ?

Effective number of holdings

Roughly 139 companies are held, but the largest names carry most of the weight — so it behaves like ~43 equal-sized positions.

Tilt vs a world tracker

United States-72.1

United Kingdom+23.1

Technology-17.2

Switzerland+12.6

Spain+12.4

Consumer Discretionary-9.0

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

Estimated fund flows

−€15M

Estimated net flow, last month

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🌍 Europe stocks

Compare side by side

6 similar funds

	iShares Edge MSCI Europe Momentum Factor UCITS ETFiSharesYou're viewing	Invesco S&P 500 UCITS ETF EUR Hdg AccInvescoBroader match	Amundi Core S&P 500 Swap UCITS ETF EUR Hedged AccAmundiBroader match	Amundi Core S&P 500 Swap UCITS ETF EUR Hedged DistAmundiBroader match	Amundi Core Stoxx Europe 600 UCITS ETF AccAmundiBroader match	Amundi Core Stoxx Europe 600 UCITS ETF USD Hedged AccAmundiBroader match	Amundi Core Stoxx Europe 600 UCITS ETF EUR Hedged DistAmundiBroader match
Why it's similar	This is the fund on this page.	StocksAccumulatingCheaper fee Tracks a different index in the same category.	StocksAccumulatingCheaper fee Tracks a different index in the same category.	StocksCheaper fee Tracks a different index in the same category.	StocksAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	StocksAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	StocksPhysicalCheaper fee Tracks a different index in the same category.
Index tracked	MSCI Europe Momentum Factor	S&P 500 Daily Hedged Euro Net Total Return Index	S&P 500 Daily Hedged Euro Index Net TR	S&P 500 Daily Hedged Euro Index Net TR	STOXX Europe 600 (Net Return) EUR	STOXX Europe 600 (Net Return) EUR	STOXX Europe 600 (Net Return) EUR
Yearly fee (TER)	0.25%	0.05%	0.07%	0.07%	0.07%	0.09%	0.15%
All-in cost	0.25%	0.45%	0.00%	0.07%	0.07%	0.09%	0.15%
Fund size	€803.4M	€50.6B	€28.7B	€28.6B	€21.7B	€21.6B	€21.4B
Domicile	Ireland	Ireland	LU	LU	LU	LU	LU
Replication	Physical (full)	Synthetic (swap)	Synthetic (swap)	Synthetic (swap)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	+20.2%	+20.0%		+18.2%
5-yr return p.a.	+11.5%	+10.5%		+9.4%
# holdings	139	294	10	10	613	613	613

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Data as of 2026-07-21 · Source: issuer data, compiled by Finance Hamster

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