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›ETF Providers›iShares›MVEU
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MVEU
IE00B86MWN23
Passive ETFEquity

MVEU ETF · iShares Edge MSCI Europe Minimum Volatility UCITS ETF

The MVEU Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: MSCI Europe Minimum Volatility Index. The MVEU ETF provides physical exposure, so by buying it you actually own parts of all the 184 underlying holdings. The dividend policy is capitalization.
Share class
Acc
EUR
Last update 5/1/2026, 7:00 AM UTC
LIVE
CLOSED
This fund is part ofEurope Large and Mid Cap1M perf.+7.37%
Last price
€72.34
1M perf.
+1.54%
1M flows
-€8.6M
AuM
€794M
E/R
0.25%
Rating
ESG Consensus®
esg grade icon
MVEU
€72.34

Performance & flows

Segment for quartile rank
January 30, 2026 → April 30, 2026
0-10-8-6-4-202468%FEBMARAPRFEBMARAPR
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MVEU
€72.01
+3.76%
Europe Large and Mid Cap
-0.48%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+1.54%
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+3.76%
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+8.21%
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+32.66%
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+47.26%
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+1.35%
+1.35%
+5.09%
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Flows

Key fund info

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Main characteristics
Issuer
ISIN
IE00B86MWN23
AuM
€794M
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E/R
0.25%
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Replication rating
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ESG Consensus®
esg grade icon
icon
More details
NAV
4/30/2026
€72.00
1D NAV change
+1.34%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
184
Inception date
11/30/2012
Jurisdiction
Ireland
Distribution
Singapore (Qualified Investor)
Switzerland
Austria
Liechtenstein
Denmark
Legal structure
Open-end Investment Company
Base currency
EUR
Classification
Product type
Asset class
Factors
N/A
Share class info
EUR capitalizing 
Total AuM of fund
€821M
Decimalisation of shares
No
Investment strategy
The Fund seeks to track the performance of an index composed of selected European companies that, in the aggregate, have lower volatility characteristics relative to the broader European equity market.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+3.76%
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+8.21%
icon
+32.66%
icon
+47.26%
icon
Volatility
Perf./Volatility
Max drawdown
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
United Kingdom
17.08%
Switzerland
15.86%
France
13.83%
Germany
9.12%
Italy
7.84%
Netherlands
7.52%
Spain
6.24%
Finland
5.09%
Unavailable
1.95%
Other
15.48%
Sectors
Financials
17.13%
Consumer Staples
12.68%
Health Care
10.75%
Industrials
10.74%
Utilities
10.26%
Communication Services
9.64%
Energy
7.61%
Materials
5.26%
Unavailable
8.71%
Other
7.23%
Diversification
Total weight of top 15 holdings out of 184
Top 15 holdings
Data as of March 31, 2026
SHELL PLC
ENI
TOTALENERGIES SE
KPN-KON.NV
ORANGE
AIR LIQUIDE
IBERDROLA SA
SWISS PRIME SITE
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SWISSCOM
NOVARTIS
ZURICH INSURANCE
FI4000552500
ES0105046017
NESTLE SA
ASTRAZENECA
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about MVEU ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

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.


MVEU’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
67.66% of holdings have positive scoring
34.33% of holdings have negative scoring
43.79%
19.48%
8.79%
17.80%
7.74%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of April 30, 2026
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MVEU
N/A
Replication quality
Calculated over 12m, as of April 30, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

iShares
iShares ID Card
Number of funds
1742
Total AuM
€5.18T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.284%
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Frequently asked questions about MVEU

What does iShares Edge MSCI Europe Minimum Volatility UCITS ETF, MVEU, invest in?

MVEU is a Passive ETF. This ETF provides exposure to Other Large and Mid-Cap European Equities.

Which benchmark or index does MVEU replicate?

MVEU tracks the MSCI Europe Minimum Volatility Net Total Return Index - EUR, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of MVEU?

MVEU carries a total expense ratio (TER) of 0.25%, indicating the annual cost for holding the fund.

When was MVEU launched?

MVEU was introduced to the market on November 30, 2012. It trades on Singapore (Qualified Investor), among other exchanges

Who is the ETF issuer of MVEU?

iShares Edge MSCI Europe Minimum Volatility UCITS ETF, MVEU, is provided by iShares. Learn more about iShares here.

Does MVEU have multiple share classes?

Yes, MVEU is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of MVEU?

MVEU oversees €794M in assets as of April 30, 2026.

How has MVEU performed lately?

Based on data from April 30, 2026, MVEU returned 1.54% over the past month, 3.76% over the last three months and 5.09% year-to-date.

What are the latest inflows or outflows for MVEU?

As of April 30, 2026, MVEU recorded net flows of -€8.6M over the last month and -€17M year-to-date.

Does MVEU distribute dividends?

MVEU follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of MVEU?

As of March 31, 2026, MVEU has significant geographic allocations in United Kingdom, Switzerland and France.

In which sector or theme does MVEU invest in?

As of March 31, 2026, MVEU focuses largely on Financials, Consumer Staples and Health Care.

How many securities does MVEU hold and how diversified is it?

As of March 31, 2026, MVEU holds 184 positions in its portfolio, with 22.55% of assets concentrated in its top 15 holdings.

What are the main positions in MVEU?

As of March 31, 2026, MVEU top three holdings include SHELL PLC, ENI and TOTALENERGIES SE.

What is the base currency of MVEU?

The base currency of MVEU is EUR.

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