iShares MSCI USA Islamic UCITS ETF

iShares MSCI USA Islamic UCITS ETF

About

iShares MSCI USA Islamic UCITS ETF (IE00B296QM64) is a UCITS-compliant equity ETF tracking the MSCI US Islamic Gross Index USD. With a TER of 0.3%, it is moderately priced, distributing dividends. The fund holds 144 positions across 1 region with 390M in assets.

ISIN
Fund Size €390.2M
Issuer iShares
Distribution Pays Dividends
Replication Physical
Inception Dec 2007
Base Currency USD
Index MSCI US Islamic Gross Index USD
Asset Class Equities
Category US Equity

Costs

8.0
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%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

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

Holdings

4.4
With only 144 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
HOLOGIC INC
0.60%
#2
Microsoft Corp
0.15%
#3
Tesla Inc
0.07%
#4
Micron Technology Inc
0.07%
#5
Advanced Micro Devices Inc
0.05%
#6
Exxon Mobil Corp
0.04%
#7
Johnson & Johnson
0.03%
#8
Intel Corp
0.03%
#9
Cisco Systems Inc
0.03%
#10
Lam Research Corp
0.02%

Sectors

7.1
This fund invests across 12 sectors, though some concentration exists in a few areas.

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-05-29).
11.5%
Volatility
-22.0%
Max Drawdown
0.61
Sharpe Ratio
0.88
Sortino Ratio
0.32
Calmar Ratio
0.34
Beta
7.64%
Alpha (Jensen's)
0.101
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.
flatex
Trade
€5.90
Savings Plan
Free
Account
Free
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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