iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.L)
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI World Minimum Volatility ESG Reduced Carbon Target Index.Currency Hedged Share Classes offered in the Fund aim to reduce the impact of exchange rate fluctuations between the underlying portfolio currency exposures of the Fund and the Valuation Currency of a Currency Hedged Share Class on returns of the Benchmark Index to investors in that Share Class, through entering into foreign exchange contracts for currency hedging.
ETF Info
| ISIN | IE00BKVL7778 |
|---|---|
| WKN | A2PY8C |
| Issuer | iShares |
| Inception Date | Apr 20, 2020 |
| Category | Global Equities |
| Leveraged | 1x |
| Index Tracked | MSCI ACWI NR USD |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
MVEW.L features an expense ratio of 0.30%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: MVEW.L vs. MINV.L, MVEW.L vs. SPY, MVEW.L vs. XDEQ.L, MVEW.L vs. V
Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) had a return of 10.66% year-to-date (YTD) and 12.83% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.66% | 18.10% |
| 1 month | 1.78% | 1.42% |
| 6 months | 6.09% | 9.39% |
| 1 year | 12.83% | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of MVEW.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.12% | 1.39% | 2.74% | -2.28% | -0.45% | 2.39% | 2.62% | 1.09% | 10.66% | ||||
| 2023 | -0.31% | -1.21% | 1.35% | 1.14% | -2.56% | 1.40% | 0.48% | -0.27% | 0.56% | -1.58% | 2.11% | 2.96% | 4.00% |
| 2022 | -6.28% | -1.03% | 6.37% | -0.05% | -2.69% | -0.88% | 3.22% | 1.72% | -2.47% | 2.02% | 1.04% | -0.99% | -0.60% |
| 2021 | -1.04% | -3.04% | 5.60% | 1.94% | -0.06% | 3.46% | 2.40% | 2.94% | -1.86% | 1.41% | 1.96% | 3.45% | 18.17% |
| 2020 | -4.79% | 1.30% | 1.75% | -3.38% | 3.72% | 0.05% | -1.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MVEW.L is 73, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) was 10.07%, occurring on Feb 24, 2022. Recovery took 31 trading sessions.
The current iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) drawdown is 0.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.07% | Jan 4, 2022 | 38 | Feb 24, 2022 | 31 | Apr 8, 2022 | 69 |
| -9.78% | Apr 11, 2022 | 44 | Jun 16, 2022 | 42 | Aug 15, 2022 | 86 |
| -8.24% | Aug 22, 2022 | 37 | Oct 13, 2022 | 297 | Dec 13, 2023 | 334 |
| -6.87% | Jan 12, 2021 | 38 | Mar 4, 2021 | 22 | Apr 7, 2021 | 60 |
| -5.49% | Oct 14, 2020 | 13 | Oct 30, 2020 | 11 | Nov 16, 2020 | 24 |
Volatility
Volatility Chart
The current iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) volatility is 2.31%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.