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iShares MSCI United Kingdom ETF (EWU)

Look-through valuation · Country · Expense ratio 0.50 % · ISIN US46435G3341

EWU iShares MSCI United Kingdom ETF EWU fairly valued
Holdings vs fair value +0.4 % weighted average
Quality 64/100 avg alpha quality
Expense ratio 0.50 % per year (TER)
Fund size $ 3.7B yield 3.27 %
The look-through covers 50 % of the fund by weight (48 of 66 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 1996)

$ 48 $ 8 Mar 1996 Jul 2026

Monthly close since 1996. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding Weight vs fair value Quality
HSBC Holdings PLC HSBA 11.0 % n/a n/a
AstraZeneca PLC AZN 8.0 % n/a n/a
Shell plc SHEL 7.6 % n/a n/a
Rolls-Royce Holdings PLC RR 5.0 % −33.5 % 72
Unilever PLC ULVR 4.3 % −11.9 % 68
British American Tobacco PLC BATS 3.8 % n/a n/a
BP PLC BP 3.5 % n/a n/a
GSK plc GSK 3.3 % +35.8 % 74
Rio Tinto PLC RIO 3.2 % n/a n/a
Barclays PLC BARC 3.0 % +34.8 % 74
Lloyds Banking Group PLC LLOY 2.8 % −16.6 % 58
National Grid PLC NG 2.7 % −27.5 % 46
BAE Systems plc BA 2.3 % −32.1 % 59
NatWest Group PLC NWG 2.2 % +44.0 % 58
Glencore PLC GLEN 2.1 % n/a n/a
Relx PLC REL 1.9 % −2.2 % 66
Compass Group PLC CPG 1.7 % n/a n/a
London Stock Exchange Group PLC LSEG 1.7 % −60.9 % 57
Anglo American PLC AAL 1.7 % n/a n/a
Standard Chartered PLC STAN 1.6 % +49.7 % 72
Diageo PLC DGE 1.4 % +20.3 % 53
Haleon PLC HLN 1.4 % n/a n/a
Reckitt Benckiser Group PLC RKT 1.4 % +35.1 % 69
Tesco PLC TSCO 1.3 % +33.8 % 67
SSE PLC SSE 1.3 % −32.4 % 50

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 66 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives iShares MSCI United Kingdom ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.