New
Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →
Help us improve your experience. Please confirm your investor type:
ETF What's Up
Don’t Miss a Move in the ETF Market
Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.
ICU ETF · iShares MSCI Asia ex Japan Climate Action ETF
The ICU Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: MSCI AC Asia ex Japan Climate Action Index. The ICU ETF provides physical exposure, so by buying it you actually own parts of all the 496 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:00 AM UTC
LIVE
CLOSED
This fund is part ofAPAC Blended Cap1M perf.-3.67%
Last price
$1.38
1M perf.
-5.65%
1M flows
+€3.5M
AuM
€1.38B
E/R
0.18%
Rating
Not rated
ESG Consensus®
ICU
$1.38
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
Create a free account to view the flows graph
ICU
$1.40
+0.02%
APAC Blended Cap
+6.92%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -5.65%  | +0.02%  | +17.89% | N/A | N/A | -5.88% | +0.45% | +0.45% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/12/2026
$1.40
1D NAV change
-1.22%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
496
Inception date
9/11/2023
Jurisdiction
Singapore
Distribution
Singapore
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Benchmark
MSCI AC Asia ex Japan Climate Action Index
Asset class
Factors
N/A
Investment strategy
The iShares MSCI Asia ex Japan Climate Action ETF seeks to track the investment results of an index that selects the top 50% companies in each GICS® sector** on the basis of their relative climate transition risk and steps taken to mitigate these risks.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSimilar ETFs in your region
AAXJSI
1M perf.
-4.68%
E/R
0.3%
Advertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.02% | +17.89% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
Taiwan
24.15%
Cayman Islands
20.90%
India
20.33%
China
8.02%
Hong Kong
7.30%
Republic of Korea
6.43%
Singapore
5.37%
Malaysia
2.10%
Unavailable
0.55%
Other
4.84%
Sectors
Information Technology
26.31%
Financials
24.20%
Consumer Discretionary
12.90%
Communication Services
9.31%
Industrials
5.58%
Materials
4.32%
Health Care
3.54%
Consumer Staples
2.84%
Unavailable
4.41%
Other
6.60%
Diversification
Total weight of top 15 holdings out of 496
Top 15 holdings
Data as of January 31, 2026
TWN SEMICONT MAN
ALIBABA GROUP HOLDING LTD
TENCENT HOLDINGS
AIA
HDFC BANK
HON HAI PRECISION INDUSTRY
MEDIATEK INC
DBS GROUP HOLDINGS
Create a free account to view top holdings
XIAOMI CORP
DELTA ELECTRONIC
RELIANCE INDUSTRIES
ICICI BANK
INFOSYS ORD AU
HONG KONG EXCHANGES AND CLEARING
PING AN
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
Yes
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ICU ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
ICU’s has a Final Sustainability Grade of either B+, B, or B-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
74.69% of holdings have positive scoring
25.87% of holdings have negative scoring
13.31%
48.98%
12.40%
20.04%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Not rated
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
MSCI AC Asia ex Japan Climate Action NTR Index - USD
Index ticker
MXASCANU Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
iShares
iShares ID Card
Number of funds
1720
Total AuM
€4.93T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.285%
Top 5 funds by iShares
| AuM | ||
|---|---|---|
IVV | iShares Core S&P 500 ETF | €614.83B |
IEFA | iShares Core MSCI EAFE ETF | €147.01B |
AGG | iShares Core U.S. Aggregate Bond ETF | €120.68B |
IEMG | iShares Core MSCI Emerging Markets ETF | €118.68B |
CSSPX | iShares Core S&P 500 UCITS ETF | €113.07B |
Frequently asked questions about ICU
What does iShares MSCI Asia ex Japan Climate Action ETF, ICU, invest in?
ICU is a Passive ETF. This ETF provides exposure to Other Large and Mid-Cap Asian ex-Japan Equities.
Which benchmark or index does ICU replicate?
ICU tracks the MSCI AC Asia ex Japan Climate Action NTR Index - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of ICU?
ICU carries a total expense ratio (TER) of 0.18%, indicating the annual cost for holding the fund.
When was ICU launched?
ICU was introduced to the market on September 11, 2023. It trades on Singapore
Who is the ETF issuer of ICU?
iShares MSCI Asia ex Japan Climate Action ETF, ICU, is provided by iShares. Learn more about iShares here.
What is the current assets under management (AUM) of ICU?
ICU oversees €1.38B in assets as of March 12, 2026.
How has ICU performed lately?
Based on data from March 12, 2026, ICU returned -5.65% over the past month, 0.02% over the last three months and 0.45% year-to-date.
What are the latest inflows or outflows for ICU?
As of March 12, 2026, ICU recorded net flows of +€4.4M over the last month and -€119M year-to-date.
Does ICU distribute dividends?
ICU follows a distributing dividend policy, meaning it pays out income to investors.
What are the main country or region exposures of ICU?
As of January 31, 2026, ICU has significant geographic allocations in Taiwan, Cayman Islands and India.
In which sector or theme does ICU invest in?
As of January 31, 2026, ICU focuses largely on Information Technology, Financials and Consumer Discretionary.
How many securities does ICU hold and how diversified is it?
As of January 31, 2026, ICU holds 496 positions in its portfolio, with 37.18% of assets concentrated in its top 15 holdings.
What are the main positions in ICU?
As of January 31, 2026, ICU top three holdings include TWN SEMICONT MAN, ALIBABA GROUP HOLDING LTD and TENCENT HOLDINGS.
What is the base currency of ICU?
The base currency of ICU is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
