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September 2026 update

iShares MSCI Europe Small Cap UCITS ETF · IE0000N55FP4 · ESCE
Rebalix monthly basket snapshots compared: 6 August 202631 August 2026 (issuer-declared dates; each section states its own)
In brief: 23 holdings added and 24 removed from the basket · large-holding weights nearly unchanged · NAV change over the period +0.3% · costs and key facts unchanged.

The largest sector move is Industrials, down 0.8 percentage points, while Communication rises 0.6 percentage points. Among countries, Germany rises by 0.8 percentage points. Top-ten concentration decreased by 0.3 percentage points. 23 holdings entered the basket and 24 left.

Declared positions
852
846 → 852 · Δ +6
as of 31 Aug
Top-10 weight
5.5%
5.8 → 5.5% · Δ −0.3 p.p.
concentration
NAV change over the period
+0.3%
in EUR · 6 Aug → 31 Aug
Assets at month end
7 mln €
+1.7% in the month

This page pictures the ETF’s basket, not the index. Because the fund uses optimised replication, portfolio changes reflect how the replication is implemented and do not necessarily coincide with the official index reviews.

Basket

Source: basket file published by the issuer, as of 20 Aug and 31 Aug, compared holding by holding by Rebalix (cash excluded, lines of the same holding merged).

Holdings added (23)

SCOUT24 N0.39%
OCTAVE INTELLIGENCE SDR PLC0.26%
CTS EVENTIM AG0.24%
FASTIGHETS BALDER CLASS B0.22%
SAGAX CLASS B0.22%
ROCKWOOL CLASS B0.18%
LIECHTENSTEINISCHE LANDESBANK0.10%
VOLVO CAR CLASS B0.07%
and 15 more, each ≤ 0.06%

Holdings removed (24)

DIPLOMA PLC0.80%
DEUTSCHE PFANDBRIEFBANK AG0.03%
ADDNODE GROUP CLASS B0.03%
CRANEWARE PLC0.03%
VALNEVA0.03%
MATAS0.03%
C C GROUP PLC0.03%
IBSTOCK PLC0.03%
and 16 more, each ≤ 0.03%

Holdings compared (excluding cash instruments, lines of the same holding merged): 828 → 827, issuer files of 20 Aug and 31 Aug.

Top 10 holdings — before and after

Source: basket file published by the issuer, as of 6 Aug and 31 Aug; snapshots archived by Rebalix on 7 Aug and 2 Sept.

Weight of each holding in the basket at the two snapshots. Together the top 10 weigh 5.8% → 5.5% (Δ −0.3 p.p.). Union of the two top-10 lists: 13 holdings, because 3 entered and 3 left the top 10.

WEIR PLC
0.6%
IMI PLC
0.6%
BEAZLEY PLC
0.6%
GAZTRANSPORT & TECHNIGAZ SA
0.6%
ACCELLERON N AG
0.5%
STOREBRAND
0.5%
SUBSEA — enters the top 10
0.5%
PSP SWISS PROPERTY AG
0.5%
THYSSENKRUPP AG — enters the top 10
0.5%
ST JAMESS PLACE PLC — enters the top 10
0.5%
DIPLOMA PLC — leaves the top 10
0.9% →
GAMES WORKSHOP GROUP PLC — leaves the top 10
0.5%
SPIE SA — leaves the top 10
0.5%
6 Aug31 Augorange line = up, grey = down; “→” with no value = out of the top 20
See the numbers as a table
Holding6 Aug31 Aug
WEIR PLC0.6%0.6%
IMI PLC0.6%0.6%
BEAZLEY PLC0.6%0.6%
GAZTRANSPORT & TECHNIGAZ SA0.5%0.6%
ACCELLERON N AG0.5%0.5%
STOREBRAND0.5%0.5%
SUBSEA — enters the top 10 (enters top 10)0.5%0.5%
PSP SWISS PROPERTY AG0.5%0.5%
THYSSENKRUPP AG — enters the top 10 (enters top 10)0.5%0.5%
ST JAMESS PLACE PLC — enters the top 10 (enters top 10)0.5%0.5%
DIPLOMA PLC — leaves the top 10 (leaves top 10)0.9%
GAMES WORKSHOP GROUP PLC — leaves the top 10 (leaves top 10)0.5%0.5%
SPIE SA — leaves the top 10 (leaves top 10)0.5%0.5%

Sectors and countries

Source: aggregate breakdowns declared by the issuer in the two snapshots (6 Aug and 31 Aug).

Sectors — where the weight moved

Industrials
26.525.7% · 0.79 p.p.
Communication
4.55.1% · +0.60 p.p.
Consumer Discretionary
11.310.9% · 0.41 p.p.
Energy
5.05.2% · +0.20 p.p.
Information Technology
7.07.2% · +0.20 p.p.
Real Estate
8.38.5% · +0.12 p.p.

Bars scaled to the change: orange = up, grey = down. Basket percentages at the two snapshots.

Countries — where the weight moved

Germany
8.59.4% · +0.81 p.p.
European Union
0.2-0.2% · 0.42 p.p.
France
8.68.3% · 0.30 p.p.
Norway
5.45.7% · +0.29 p.p.
Switzerland
9.79.5% · 0.21 p.p.

The five countries that moved the most between the two snapshots.

See the numbers as a table
Country6 Aug31 Aug
United Kingdom30.4%30.5%
Sweden11.0%10.8%
Switzerland9.7%9.5%
Germany8.5%9.4%
France8.6%8.3%
Italy5.9%5.9%
Norway5.4%5.7%
Denmark4.3%4.3%
Netherlands3.4%3.4%
Belgium3.4%3.3%
Spain3.3%3.3%
Finland2.3%2.4%
Austria2.0%2.0%
Ireland0.6%0.6%
Portugal0.4%0.4%
Greece0.4%0.4%
United States0.0%0.1%
European Union0.2%-0.2%

NAV and assets over the period

Source: daily NAV series published by the issuer.

NAV over the period (EUR)

5.735.785.79
6 Aug31 Aug

5.77 → 5.79: +0.3% from 6 Aug to 31 Aug, the last NAV available at each snapshot date.

Assets over the month

777
3 Aug31 Aug

7 mln €7 mln € (issuer’s daily series).

Costs and key facts

Source: issuer KID (costs as of 2 Sept); Rebalix events register.

TER
0.25%
unchanged
Transaction costs (KID)
0.05%
unchanged
Index, name, policy
unchanged
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10, composition and breakdowns the dates of the two archived snapshots; maturities, ratings and duration the monthly registry snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.