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iShares MSCI Europe Mid-Cap Equal Weight UCITS ETF

iShares · IE00BQN1KC32

iShares MSCI Europe Mid-Cap Equal Weight UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker IEFS (ISIN IE00BQN1KC32). 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 index ?

Equity ?Accumulating ?Physical ?Ireland ?

Low yearly feeReinvests dividendsOwns the shares directlyEuropeBroadly spread

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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) ?

€33.2M

Risk level (SRI) ?

5 / 7 · High

Yearly fee (TER) ?

0.25%

All-in cost ≈ 0.25%

About this fund

What you own

The MSCI Europe index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 231 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

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 MSCI Europe Mid-Cap Equal Weight UCITS ETF

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

YTD+0.0%

How bumpy has it been?

0.0%

Volatility (1y) ?

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

0.0%

Worst drop (3y) ?

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

The bigger picture

+0.0%

Since inception

Total growth since the fund launched.

What's inside

By sector ?

Industrials24.8%

Financials19.6%

Health Care9.2%

Consumer Staples8.6%

Consumer Discretionary8.3%

Materials6.7%

Utilities6.1%

Communication Services6.0%

The 10 biggest holdings make up 5.8% of the fund — the rest is spread across roughly 221 more companies.

Top 10 holdings

#	Company	Weight
1	ZALANDO	0.6%
2	PANDORA	0.6%
3	MTU AERO ENGINES HOLDING AG	0.6%
4	DEUTSCHE LUFTHANSA AG	0.6%
5	ABIVAX SA	0.6%
6	SEGRO REIT PLC	0.6%
7	INTERNATIONAL AIRLINES GROUP SA	0.6%
8	RAIFFEISEN BANK INTERNATIONAL AG	0.6%
9	UNIPOL ASSICURAZIONI SPA	0.6%
10	DSM FIRMENICH AG	0.6%

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	IEFS	EUR	★ Primary
CHF listings
SIX	CEMT	CHF
EUR listings
B3	CEMTD	EUR
B3	IEFSL	EUR
Borsa Italiana	IESZ	EUR
BW	CEMT	EUR
EB	IEFSL	EUR
EB	IESZM	EUR
EO	IEFSGBX	EUR
EP	IEFSGBX	EUR
EU	IEFSGBX	EUR
EZ	IEFSGBX	EUR
Frankfurt	CEMT	EUR
GS	CEMT	EUR
GZ	CEMT	EUR
I2	IESZM	EUR
IX	CEMTD	EUR
IX	IEFSL	EUR
IX	IESZM	EUR
L1	CEMTD	EUR
L1	IEFSL	EUR
L1	IESZZ	EUR
L3	IEFSL	EUR
L3	CEMTD	EUR
London Stock Exchange	IEFS	EUR
MF	IESZN	EUR
MM	IESZN	EUR
MU	IESZN	EUR
PO	CEMTD	EUR
PO	IEFSL	EUR
QE	CEMTD	EUR
QX	IEFSL	EUR
QX	CEMTD	EUR
S1	IEFSL	EUR
SE	IESZ	EUR
TH	CEMT	EUR
X9	IESZGBP	EUR
X9	IESZEUR	EUR
XL	IEFSGBX	EUR
XS	IESZEUR	EUR
XS	IESZGBP	EUR

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

Full holdings

As of 2026-07-28 · the fund's own published holdings.

#	Company	Weight
1	ZALANDO	0.6%
2	PANDORA	0.6%
3	MTU AERO ENGINES HOLDING AG	0.6%
4	DEUTSCHE LUFTHANSA AG	0.6%
5	ABIVAX SA	0.6%
6	SEGRO REIT PLC	0.6%
7	INTERNATIONAL AIRLINES GROUP SA	0.6%
8	RAIFFEISEN BANK INTERNATIONAL AG	0.6%
9	UNIPOL ASSICURAZIONI SPA	0.6%
10	DSM FIRMENICH AG	0.6%
11	STRAUMANN HOLDING AG	0.6%
12	AVOLTA AG	0.5%
13	AKZO NOBEL NV	0.5%
14	DEMANT	0.5%
15	COCA COLA HBC AG	0.5%
16	BPER BANCA	0.5%
17	BANCO BPM	0.5%
18	BAWAG GROUP AG	0.5%
19	MAGNUM ICE CREAM NV	0.5%
20	MILLICOM INTERNATIONAL CELLULAR SA	0.5%
21	MARKS AND SPENCER GROUP PLC	0.5%
22	POSTE ITALIANE	0.5%
23	ABN AMRO BANK NV	0.5%
24	BANCA MEDIOLANUM	0.5%
25	SYMRISE AG	0.5%
26	M&G PLC	0.5%
27	NEXT PLC	0.5%
28	VAT GROUP AG	0.5%
29	BELIMO N AG	0.5%
30	BANCO COMERCIAL PORTUGUES SA	0.5%
31	DELIVERY HERO	0.5%
32	AERCAP HOLDINGS NV	0.5%
33	SKF B	0.5%
34	ACCOR SA	0.5%
35	CONTINENTAL AG	0.5%
36	QIAGEN NV	0.5%
37	STANDARD LIFE PLC	0.5%
38	LAND SECURITIES GROUP REIT PLC	0.5%
39	GEA GROUP AG	0.5%
40	INTERCONTINENTAL HOTELS GROUP PLC	0.5%
41	PEARSON PLC	0.5%
42	BANKINTER SA	0.5%
43	BUNZL	0.5%
44	LEGAL AND GENERAL GROUP PLC	0.5%
45	ROCKWOOL CLASS B	0.5%
46	SAAB CLASS B	0.5%
47	EUROFINS SCIENTIFIC	0.5%
48	DIETEREN (D) SA	0.5%
49	BEIJER REF CLASS B	0.5%
50	SODEXO SA	0.5%
51	HEINEKEN HOLDING NV	0.5%
52	GENMAB	0.5%
53	FINECOBANK BANCA FINECO	0.5%
54	LIFCO CLASS B	0.5%
55	REXEL SA	0.5%
56	INFORMA PLC	0.5%
57	TELECOM ITALIA	0.5%
58	KINGSPAN GROUP PLC	0.5%
59	DASSAULT AVIATION SA	0.5%
60	FINANCIERE DE TUBIZE SA	0.5%
61	AYVENS SA	0.5%
62	AEROPORTS DE PARIS SA	0.5%
63	SGS SA	0.5%
64	SKANSKA B	0.5%
65	CARLSBERG AS CL B	0.5%
66	SWEDISH ORPHAN BIOVITRUM	0.5%
67	AVIVA PLC	0.5%
68	JULIUS BAER GRUPPE AG	0.5%
69	SANDOZ GROUP AG	0.5%
70	FRESENIUS SE AND CO KGAA	0.5%
71	WISE PLC CLASS A	0.5%
72	AIB GROUP PLC	0.5%
73	BUZZI	0.5%
74	ALFA LAVAL	0.5%
75	HOCHTIEF AG	0.5%
76	ESSITY CLASS B	0.5%
77	IPSEN SA	0.5%
78	ADMIRAL GROUP PLC	0.5%
79	INTERTEK GROUP PLC	0.5%
80	SWISS LIFE HOLDING AG	0.5%
81	GEBERIT AG	0.5%
82	AMUNDI SA	0.5%
83	LEONARDO FINMECCANICA SPA	0.5%
84	FRESENIUS MEDICAL CARE AG	0.5%
85	SYENSQO NV	0.5%
86	SAINSBURY(J) PLC	0.5%
87	KERRY GROUP PLC	0.5%
88	SOFINA SA	0.5%
89	EURONEXT NV	0.5%
90	TALANX AG	0.5%
91	INDUTRADE	0.5%
92	METSO CORPORATION	0.5%
93	KNORR BREMSE AG	0.5%
94	MAPFRE SA	0.5%
95	ACCIONA SA	0.5%
96	EXOR NV	0.5%
97	LOTUS BAKERIES NV	0.5%
98	AGEAS SA	0.5%
99	ADDTECH CLASS B	0.5%
100	BOLIDEN	0.5%
101	EMS-CHEMIE HOLDING AG	0.5%
102	AEGON LTD	0.5%
103	LUNDBERGFORETAGEN CLASS B	0.5%
104	UNIBAIL RODAMCO WE STAPLED UNITS	0.5%
105	MELROSE INDUSTRIES PLC	0.5%
106	TRELLEBORG B	0.5%
107	KONGSBERG GRUPPEN	0.5%
108	EDP ENERGIAS DE PORTUGAL SA	0.5%
109	SARTORIUS PREF AG	0.5%
110	CVC CAPITAL PARTNERS PLC	0.5%
111	SMITHS GROUP PLC	0.5%
112	ELIA GROUP SA	0.5%
113	ASSOCIATED BRITISH FOODS PLC	0.5%
114	AIRTEL AFRICA PLC	0.5%
115	PUBLICIS GROUPE SA	0.5%
116	EDP RENEWABLES SA	0.5%
117	RATIONAL AG	0.5%
118	GETLINK	0.5%
119	SONOVA HOLDING AG	0.5%
120	BANK OF IRELAND GROUP PLC	0.5%
121	FASTIGHETS BALDER CLASS B	0.5%
122	PRYSMIAN	0.5%
123	INDRA SISTEMAS SA	0.5%
124	GECINA SA	0.5%
125	RECORDATI INDUSTRIA CHIMICA E FARM	0.5%
126	SCHRODERS PLC	0.5%
127	TERNA RETE ELETTRICA NAZIONALE	0.5%
128	ITALGAS	0.5%
129	UNITED UTILITIES GROUP PLC	0.5%
130	BC VAUD N	0.5%
131	GJENSIDIGE FORSIKRING	0.5%
132	BE SEMICONDUCTOR INDUSTRIES NV	0.5%
133	CTS EVENTIM AG	0.5%
134	SECURITAS B	0.5%
135	GROUPE BRUXELLES LAMBERT NV	0.5%
136	NN GROUP NV	0.5%
137	MONCLER	0.5%
138	KLEPIERRE REIT SA	0.5%
139	BUREAU VERITAS SA	0.5%
140	SCOUT24 N	0.4%
141	ASR NEDERLAND NV	0.4%
142	COLOPLAST B	0.4%
143	HENSOLDT AG	0.4%
144	INPOST SA	0.4%
145	EIFFAGE SA	0.4%
146	SEVERN TRENT PLC	0.4%
147	BANCO DE SABADELL	0.4%
148	DAVIDE CAMPARI MILANO NV	0.4%
149	SWISS PRIME SITE AG	0.4%
150	ACS ACTIVIDADES DE CONSTRUCCION Y	0.4%
151	SMITH AND NEPHEW PLC	0.4%
152	ORION CLASS B	0.4%
153	BOUYGUES SA	0.4%
154	LATOUR INVESTMENT CLASS B	0.4%
155	SNAM	0.4%
156	COVIVIO SA	0.4%
157	PERNOD RICARD SA	0.4%
158	SPIRAX GROUP PLC	0.4%
159	NESTE	0.4%
160	SVENSKA CELLULOSA B	0.4%
161	TRYG	0.4%
162	RENTOKIL INITIAL PLC	0.4%
163	THE SWATCH GROUP AG	0.4%
164	STORA ENSO CLASS R	0.4%
165	SAGAX CLASS B	0.4%
166	FORTUM	0.4%
167	HELVETIA BALOISE HOLDING N AG	0.4%
168	LOGITECH INTERNATIONAL SA	0.4%
169	ALSTOM SA	0.4%
170	BIOMERIEUX SA	0.4%
171	GALP ENERGIA SGPS SA CLASS B	0.4%
172	REPSOL SA	0.4%
173	CARREFOUR SA	0.4%
174	BRENNTAG	0.4%
175	KESKO CLASS B	0.4%
176	WARTSILA	0.4%
177	VESTAS WIND SYSTEMS	0.4%
178	RENAULT SA	0.4%
179	BARRY CALLEBAUT AG	0.4%
180	ORSTED A/S	0.4%
181	THE SAGE GROUP PLC	0.4%
182	VERISURE PLC	0.4%
183	EVONIK INDUSTRIES AG	0.4%
184	ENDEAVOUR MINING	0.4%
185	HALMA PLC	0.4%
186	ORKLA	0.4%
187	EVOLUTION	0.4%
188	TENARIS SA	0.4%
189	PORSCHE AUTOMOBIL HOLDING PREF	0.4%
190	FRESNILLO PLC	0.4%
191	UPM-KYMMENE	0.4%
192	KONINKLIJKE KPN NV	0.4%
193	OMV AG	0.4%
194	NIBE INDUSTRIER CLASS B	0.4%
195	CELLNEX TELECOM	0.4%
196	CENTRICA PLC	0.4%
197	MOWI	0.4%
198	WOLTERS KLUWER NV	0.4%
199	NEMETSCHEK	0.4%
200	BKW N AG	0.4%
201	EUR CASH	0.4%
202	JERONIMO MARTINS SA	0.4%
203	TELE2 B	0.4%
204	TELIA COMPANY	0.4%
205	REDEIA CORPORACION SA	0.4%
206	BT GROUP PLC	0.4%
207	KINGFISHER PLC	0.4%
208	TELENOR	0.4%
209	ELISA	0.4%
210	NORSK HYDRO	0.4%
211	VAR ENERGI	0.4%
212	AKER BP	0.4%
213	BOLLORE	0.4%
214	YARA INTERNATIONAL	0.3%
215	SALMAR	0.3%
216	INDUSTRIVARDEN SERIES	0.3%
217	OCTAVE INTELLIGENCE SDR PLC	0.3%
218	INDUSTRIVARDEN A	0.2%
219	GBP CASH	0.1%
220	BLK ICS EUR LIQ FUND AGEN ACC T0	0.1%
221	CASH COLLATERAL EUR BZFUT	0.0%
222	DKK CASH	0.0%
223	NOK CASH	0.0%
224	USD CASH	0.0%
225	CHF CASH	0.0%
226	SEK CASH	0.0%
227	DERECHOS ACTIVIDADES DE CONSTRUCCI	0.0%
228	STOXX EUR SMALL200 SEP 26	0.0%
229	RED ELECTRICA CORPOR SA SEP 26	0.0%
230	STOXX EUR MID 200 SEP 26	0.0%
231	PLN CASH	0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 27% of similar ETFs💰 All-in cost cheaper than 34%

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

Advanced risk

0.0%

Downside deviation ?

11%

Up months (hit rate) ?

€10.10

52-week high ?

€10.10

52-week low ?

Concentration depth

~216 ?

Effective number of holdings

Roughly 231 companies are held, but the largest names carry most of the weight — so it behaves like ~216 equal-sized positions.

Tilt vs a world tracker

United States-72.1

Technology-26.4

Industrials+13.2

United Kingdom+12.4

Sweden+10.8

France+9.5

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

Estimated fund flows

+€200,000

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 MSCI Europe Mid-Cap Equal Weight 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	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	€33.2M	€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.		+20.0%		+18.2%
5-yr return p.a.		+10.5%		+9.4%
# holdings	231	294	10	10	613	613	613

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Data as of 2026-07-28 · Source: issuer data, compiled by Finance Hamster

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