iShares MSCI EM Swap UCITS ETF

iShares MSCI EM Swap UCITS ETF

About

iShares MSCI EM Swap UCITS ETF (IE000S3N6R34) is a UCITS-compliant equity ETF tracking the MSCI Emerging Markets Index. With a TER of 0.14%, it is competitively priced, reinvesting dividends. The fund holds 181 positions across 5 regions with 154M in assets.

ISIN
Fund Size $154.3M
Issuer iShares
Distribution Re-Invests Dividends
Replication —
Inception Feb 2026
Base Currency USD
Index MSCI Emerging Markets Index
Asset Class Equities
Category Emerging Market Equity

Costs

8.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
Inception+0.00%

Holdings

4.7
With only 181 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
MSCI EMERGING MARKETS INDEX
1.00%
#2
Intel Corp
0.04%
#3
NVIDIA Corp
0.04%
#4
Astera Labs Inc
0.04%
#5
Applied Materials Inc
0.03%
#6
Exxon Mobil Corp
0.03%
#7
Williams Cos Inc/The
0.03%
#8
Tesla Inc
0.03%
#9
Palantir Technologies Inc
0.03%
#10
Alphabet Inc
0.03%

Sectors

8.8
This fund is well-diversified across 12 sectors, with no single sector dominating.

Regions

5.9
This fund invests across 6 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2026-02-24 — 2026-06-18).
25.7%
Volatility
-13.5%
Max Drawdown
1.12
Sharpe Ratio
1.70
Sortino Ratio
2.14
Calmar Ratio
0.25
Beta
43.62%
Alpha (Jensen's)
0.020
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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iShares MSCI EM UCITS ETF USD (Dist)
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iShares MSCI EM UCITS ETF USD (Acc)
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iShares MSCI EM IMI Screened UCITS ETF
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