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iShares MSCI ACWI Screened UCITS ETFIndex, costs, backtest, listings and taxation

ISIN: IE000SNWS0L0Ticker: IG3A (Xetra) · SAAI (Euronext AMS) · SAAI (SIX)Issuer: iShares
Issuer-declared data
Declared index
MSCI ACWI SCREENED INDEX
TER
0.20%
Transaction costs
0.02% (issuer estimate, from the KID)
Management
Passive (index-tracking)
Income policy
SFDR
Article 8 — promotes environmental or social characteristics what does it mean?
Fund assets
2.9 bn EUR
NAV
5.91 USD (31 August 2026)
Domicile
Ireland
Inception date
15 October 2025
Data as declared by iShares in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

iShares MSCI ACWI Screened UCITS ETF tracks the issuer-declared index: MSCI ACWI SCREENED INDEX. The declared annual cost (TER) is 0.20%, plus 0.02% in transaction costs estimated by the issuer in the KID. Replication is optimised physical replication (the KID declares optimisation techniques to achieve a return similar to the index); income is accumulated and reinvested in the fund. The fund has assets of about 2.9 billion euro, was launched on 15 October 2025 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Funds’ assets, which reflects the return of the MSCI ACWI Screened Index, the Fund’s benchmark index (Index). The Share Class, via the Fund is passively managed, and aims to invest in equity securities (e.g. shares) that, so far as possible and practicable make up the Index. The Index measures the performance of a sub-set of equity securities which are part of the MSCI ACWI Index (the “Parent Index”) which excludes companies from the Parent Index based on the index provider’s environmental, social and governance (‘ESG’) exclusionary criteria. The Parent Index measures the performance of large and mid-capitalisation companies across developed and emerging markets which comply with MSCI's size, liquidity and free-float criteria. The Index excludes companies which are involved in certain business lines/activities, as set out in the Fund’s prospectus, including: controversial weapons, nuclear weapons tobacco, civilian firearms, thermal coal based power generation, fossil fuel extraction, palm oil or arctic oil and gas. Companies that are classified as violating UNGlobal Compact principles are also excluded from the Index. The Index also excludes companies which do not meet the minimum MSCI ESG Controversy Score to be eligible. Companies may be excluded in order for the Index to reach the level of the reduction of carbon emission intensity relative to the Parent Index set by the index provider. The Investment Manager will take into account the above ESG criteria only when selecting the securities to be held directly by the Fund. The Fund may also obtain indirect exposure to securities considered not to satisfy these ESG criteria. The Index is free-float adjusted market capitalisation weighted and rebalances on a quarterly basis. The Fund adopts a binding and significant approach to sustainable investing. This means that the Fund will integrate ESG information into its investment process to optimise exposure to issuers to achieve a higher ESG rating compared to the Parent Index. The Fund uses optimising techniques to achieve a similar return to its Index. The Fund may use financial derivative instruments for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the Fund. The price of equity securities fluctuates daily and may be influenced by factors affecting the performance of the individual companies issuing the equities, as well as by daily stock market movements, and broader economic and political developments which in turn may affect the value of your investment. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).

Keep reading the KID section ▾

The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares IV plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.

Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.

Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).

Insurance benefits:The Fund does not offer any insurance benefits.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • Assets larger than 88% of equity ETFs we track.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Oct 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+18.0%
Annualised
+20.3%
Volatility (ann.)
12.6%
Max drawdown
-9.83%
-6%+1%+8%+15%+22%Oct 2025Jan 2026Mar 2026Jun 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+18%Oct 2025Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%20252026−9.83% · 30 Mar 2026
Max drawdown
-9.83%
peak → trough
Trough
30 Mar 2026
from the 25 Feb 2026 peak
Recovery time
16 days
recovery only: trough to break-even
Underwater
49 days
decline + recovery: peak to break-even · → recovered on 15 Apr 2026

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
25 Feb 202630 Mar 2026-9.83%15 Apr 202649
29 Oct 202520 Nov 2025-4.63%11 Dec 202543
02 Jun 202610 Jun 2026-4.62%04 Aug 202663
28 Jan 202605 Feb 2026-2.61%09 Feb 202612
14 May 202619 May 2026-2.27%26 May 202612

Calendar-year returns

2025
3.2%
2026
14.3%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
20262.50.9-7.510.95.6-0.9-0.22.80.214.3
20250.01.03.2
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: iShares. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Risk indicators· EUR

Last year
Volatility (ann.)11.42%
Max drawdown-7.48%
Sharpe1.51
Sortino2.21
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Portfolio holdings

Securities in portfolio
1,801
1883 total lines: 82 cash & derivatives
Top-10 weight
26.0%

Top 10 holdings

NVIDIA · NVDA
5.22%
APPLE · AAPL
4.79%
MICROSOFT · MSFT
3.69%
AMAZON.COM INC · AMZN
2.59%
ALPHABET CLASS A · GOOGL
2.04%
TAIWAN SEMICONDUCTOR MANUFACTURING · 2330
1.92%
BROADCOM INC · AVGO
1.72%
ALPHABET CLASS C · GOOG
1.62%
META PLATFORMS CLASS A · META
1.29%
MICRON TECHNOLOGY · MU
1.11%

Sectors

Information Technology
33.7%
Financials
18.0%
Industrials
10.0%
Consumer Discretionary
9.0%
Health Care
9.0%
Communication
8.2%
Materials
3.6%

Countries

AfghanistanAngolaAlbaniaUnited Arab Emirates: 0.2%ArgentinaArmeniaFrench Southern and Antarctic LandsAustralia: 1.5%Austria: 0.1%AzerbaijanBurundiBelgium: 0.3%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazil: 0.4%BruneiBhutanBotswanaCentral African RepublicCanada: 2.8%Switzerland: 1.7%Chile: 0.1%China: 2.5%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 1.8%DjiboutiDenmark: 0.4%Dominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 0.8%EstoniaEthiopiaFinland: 0.3%FijiFalkland IslandsFrance: 1.9%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreece: 0.1%GreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesia: 0.1%India: 1.3%Ireland: 0.3%IranIraqIcelandIsrael: 0.3%Italy: 0.8%JamaicaJordanJapan: 5.3%KazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 2.6%KosovoKuwait: 0.1%LaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexico: 0.2%MacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysia: 0.1%NamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 1.3%Norway: 0.1%NepalNew Zealand: 0.1%OmanPakistanPanamaPeru: 0.1%PhilippinesPapua New GuineaPoland: 0.1%Puerto RicoNorth KoreaPortugal: 0.1%ParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi Arabia: 0.3%SudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSweden: 0.9%SwazilandSyriaChadTogoThailand: 0.1%TajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwan: 3.5%United Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 63.6%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth Africa: 0.4%ZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States63.6%
Japan5.3%
Taiwan3.5%
United Kingdom3%
Canada2.8%
South Korea2.6%
China2.5%
Download the full portfolio — Excel, 1,883 rows
Full portfolio declared by iShares, as of 31 August 2026: this is the summary. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Italian taxation

Effective rate on capital gains
25.99%
White-list share
0.06%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Börse DüsseldorfIG3A30 Oct 2025
Börse FrankfurtIG3A29 Oct 2025
Börse HamburgIG3A31 Oct 2025
Börse HannoverIG3A9 Mar 2026
Börse München / gettexIG3A29 Oct 2025
Börse StuttgartIG3A30 Oct 2025
Tradegate ExchangeIG3A6 Nov 2025
Xetra (Deutsche Börse)IG3A29 Oct 2025
+ 20 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does iShares MSCI ACWI Screened UCITS ETF track?
The issuer iShares declares the benchmark: MSCI ACWI SCREENED INDEX.
How much does SAAI cost?
The issuer-declared TER is 0.20% per year; the transaction costs estimated in the KID are 0.02%.
How is SAAI taxed in Italy?
On sale, the capital gain is taxed at an effective 25.99% rate (white-list share 0.06%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of SAAI?
The fund size declared by iShares is about 2.9 billion euro.
When was SAAI launched?
The fund was launched on 15 October 2025: it has been trading for 330 days: the page fills up as the issuer publishes data.
How does SAAI replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (optimised) (issuer wording: “Fisica - ottimizzazione (dal KID)”).
Does SAAI pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).
Where does SAAI trade?
Per the official ESMA register it trades on 8 main exchanges, including Börse Düsseldorf (IG3A), Börse Frankfurt (IG3A), Börse Hamburg (IG3A), Börse Hannover (IG3A), Börse München / gettex (IG3A), Börse Stuttgart (IG3A).
What was SAAI's worst fall?
Over the available history (since 2025), the maximum drawdown was -9.83%, reached in March 2026. Past performance is not indicative of future results.
How many securities does SAAI hold?
The declared portfolio holds 1,801 securities (plus 82 cash & derivative lines); the top 10 positions weigh 26%.
Transparency note
The data in this sheet is declared by iShares in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.