iShares MSCI World Small Cap UCITS ETF

IE00BF4RFH31ETFUSDAccumulatingFigures as of October 5, 2026
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Global Blend Equity
RiskMediumValuationBlendConcentrationDiversifiedRegionGlobal · United States tiltSectorBroad

iShares MSCI World Small Cap UCITS ETF is a global blend equity ETF from iShares with a total expense ratio of 0.35% and a risk indicator of 4 on the 1–7 scale. Its ten largest positions weigh 2.4% of the portfolio, which FundFacts classifies as diversified. Regional focus: Global with a United States tilt.

Key facts

TER0.35%
Fund sizeUSD 8.9bn
InceptionMarch 27, 2018
Holdings3577
Asset classEquities
BenchmarkMSCI World Small Cap Index (Net)

Risk indicator (SRRI)

1
2
3
4
5
6
7
Lower risk · lower rewardHigher risk · higher reward
Volatility 3y15.77%
Sharpe 3y0.83
Max drawdown-19.3%

Investment objective

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI World Small Cap Index, the Fund’s benchmark index (Index).

Fund details

ISINIE00BF4RFH31
Fund houseiShares
StructureETF
Share class currencyUSD
Distribution policyAccumulating
DomicileIreland
Launch dateMarch 27, 2018
BenchmarkMSCI World Small Cap Index (Net)
ReplicationPhysical
Asset classEquities
Fund sizeUSD 8.9bn
Number of holdings3577
Equity / bond split99 / 0
Price / earnings18.4x

Fees and costs

Total expense ratio (TER)0.35%
Ongoing charges0.35%
Transaction costs0.01%
Entry charge0.00%
Exit charge0.00%
Performance fee0.00%
Reduction in yield, 1 year0.40%
Reduction in yield, holding period0.40%
Recommended holding period5 years

Growth of 100 since inception

1001502002020202220242026
Fund202MSCI World Small Cap Index (Net)204
2018-03 → 2026-10 · rebased to 100
Computed from the NAV history the issuer publishes, monthly observations, rebased to 100 at the first point.

Calendar-year returns

+15.8%2020+15.8%2021−18.6%2022+16.0%2023+7.9%2024+19.8%2025
Fund MSCI World Small Cap Index (Net)

Annualised returns

PeriodFundIndexDiff
1 Year+15.55%+15.50%+0.05%
3 Years p.a.+18.58%+18.71%−0.13%
5 Years p.a.+6.95%+6.91%+0.04%
Since Inception+8.66%+8.67%−0.01%

Largest sectors

  1. Industrials19.3%
  2. Financials14.3%
  3. Information Technology13.9%
  4. Health Care11.4%
  5. Consumer Discretionary10.0%
  6. Materials8.4%
  7. Real Estate7.6%
  8. Energy4.9%
  9. Consumer Staples3.9%
  10. Communication3.1%

Largest countries

  1. United States61.3%
  2. Japan12.8%
  3. Other6.2%
  4. Canada4.3%
  5. United Kingdom4.2%
  6. Australia3.7%
  7. Sweden1.7%
  8. Israel1.5%
  9. Switzerland1.5%
  10. Germany1.3%

Concentration

Top 10 weight 2.4% — diversified
  1. 01MODERNA0.65%
  2. 02GUARDANT HEALTH0.22%
  3. 03MACOM TECHNOLOGY SOLUTIONS0.21%
  4. 04TENET HEALTHCARE CORP0.21%
  5. 05US FOODS HOLDING0.20%
  6. 06ROKU CLASS A0.19%
  7. 07VIATRIS0.19%
  8. 08TD SYNNEX0.19%
  9. 09WOODWARD0.19%
  10. 10ROYAL GOLD0.19%
Full holdings (3577) in the API payload.

Frequently asked questions

What is the TER of iShares MSCI World Small Cap UCITS ETF?

The total expense ratio (TER) of iShares MSCI World Small Cap UCITS ETF (IE00BF4RFH31) is 0.35% per year.

How risky is iShares MSCI World Small Cap UCITS ETF?

iShares MSCI World Small Cap UCITS ETF has a risk indicator (SRRI) of 4 on a scale from 1 (lower risk) to 7 (higher risk), which FundFacts places in the medium risk band. Its 3-year volatility is 15.77%. Its maximum drawdown is -19.3%.

What are the top holdings of iShares MSCI World Small Cap UCITS ETF?

The largest positions of iShares MSCI World Small Cap UCITS ETF as of October 5, 2026 are MODERNA (0.65%), GUARDANT HEALTH (0.22%), MACOM TECHNOLOGY SOLUTIONS (0.21%), TENET HEALTHCARE CORP (0.21%) and US FOODS HOLDING (0.20%). Its ten largest holdings make up 2.4% of the portfolio, out of 3577 holdings in total.

What does iShares MSCI World Small Cap UCITS ETF invest in?

iShares MSCI World Small Cap UCITS ETF is a global blend equity ETF. Its largest exposures as of October 5, 2026 are by country, United States 61.3%, Japan 12.8% and Canada 4.3%; by sector, Industrials 19.3%, Financials 14.3% and Information Technology 13.9%.

How has iShares MSCI World Small Cap UCITS ETF performed?

iShares MSCI World Small Cap UCITS ETF returned +15.55% over one year, +6.95% a year over five years and +19.8% in calendar year 2025 as of October 5, 2026, according to the NAV history iShares publishes. Past performance does not predict future returns.

Is iShares MSCI World Small Cap UCITS ETF accumulating or distributing?

iShares MSCI World Small Cap UCITS ETF is an accumulating share class: income from its holdings is reinvested in the fund rather than paid out.

Which index does iShares MSCI World Small Cap UCITS ETF track?

iShares MSCI World Small Cap UCITS ETF's benchmark is the MSCI World Small Cap Index (Net), which it tracks using physical replication.

Where is iShares MSCI World Small Cap UCITS ETF domiciled and what is its SFDR classification?

iShares MSCI World Small Cap UCITS ETF is domiciled in Ireland (ISIN IE00BF4RFH31).

Where does this data about iShares MSCI World Small Cap UCITS ETF come from?

FundFacts reads it from the documents iShares publishes for this share class — product page, factsheet, key information document and, where available, holdings and NAV files — and refreshes it every 24 hours. The same factsheet is available as JSON from the FundFacts API.

Glossary

TERRisk indicator (SRRI)Max drawdownSharpe 3yReplicationSFDR classificationHow to get an ETF's holdingsHow to get a fund's TER

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Figures are read from the documents iShares publishes for this share class (product page, factsheet, key information document and, where available, holdings and NAV files), as of October 5, 2026. The category, risk band, concentration and tilt labels are the FundFacts profile (fundfacts-profile/3), derived from those figures with fixed, published rules. FundFacts API is independent and not affiliated with, sponsored or endorsed by iShares; fund names are used to identify the product only. Nothing on this page is investment advice.