IE00BL3J3G74Ticker: 0A3D (London SE)Issuer: iSharesNorth America Equity tracking the S&P 500 Index, physical replication, accumulating. Share class in Mexican pesos (MXN), currency-hedged.
One email when new issuers, new metrics and new articles land. Double opt-in, zero spam, one-click unsubscribe.
iShares Core S&P 500 UCITS ETF tracks the issuer-declared index: S&P 500 Index. Mind the share class: this is the version hedged to Mexican Peso (MXN) — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.12%, plus 0.00% in transaction costs estimated by the issuer in the KID. Income is accumulated and reinvested in the fund. The fund has assets of about 939 million euro, was launched on 11 December 2019 and is domiciled in Ireland. In our registry 4 other ETFs declare the same index.
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 Fund’s assets, which reflects the return of the S&P 500 Index, the Fund’s benchmark index (Index).
Keep reading the KID section ▾
The Share Class, via the Fund is passively managed, and aims to invest so far as possible and practicable in the equity securities (e.g. shares) that make up the Index. The Index measures the performance of the 500 largest companies (i.e. companies with large market capitalisation) within the United States market, according to size, liquidity and free float criteria. Companies are included in the Index based on a free float market capitalisation weighted basis. Free float means that only shares available to international investors rather than all of a company’s issued shares are used in calculating the Index. Free float – adjusted market capitalisation is the share price of a company multiplied by the number of shares available to international investors. Securities that are liquid means that they can be easily bought or sold in the market in normal market conditions. The Fund intends to replicate the Index by holding the equity securities which make up the Index, in similar proportions to it. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund. The investment manager may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objectives. FDIs may be used for direct investment purposes. Recommendation: This Fund is suitable for medium to long term investment, though the Fund may also be suitable for shorter term exposure to the Index.
Your shares will be accumulating shares (i.e. income will be included in their value). The Fund’s base currency is US Dollar. Shares for this Share Class are denominated in Mexican Peso. The performance of your shares may be affected by this currency difference. Your shares will be “hedged” with the aim of reducing the effect of exchange rate fluctuations between their denominated currency and the Fund’s underlying portfolio currencies. FDIs, including FX forward contracts, will be used for currency hedging purposes. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. The shares are listed on one or more stock exchanges and may be traded in currencies other than their base currency. The performance of your shares may be affected by this currency difference. In normal circumstances, only authorised participants (e.g. select financial institutions) may deal in shares (or interests in shares) directly with the Fund. Other investors can deal in shares (or interests in shares) daily through an intermediary on stock exchange (s) on which the shares are traded. Indicative net asset value is published on relevant stock exchanges websites.
Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 19 Feb 2020 | 23 Mar 2020 | -35.48% | 24 Aug 2020 | 187 |
| 04 Jan 2022 | 30 Sept 2022 | -21.68% | 13 Jun 2023 | 525 |
| 19 Feb 2025 | 08 Apr 2025 | -18.20% | 12 Jun 2025 | 113 |
| 02 Sept 2020 | 23 Sept 2020 | -9.23% | 09 Nov 2020 | 68 |
| 31 Jul 2023 | 27 Oct 2023 | -8.81% | 16 Nov 2023 | 108 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.7 | -0.5 | -5.0 | 10.4 | 5.4 | -0.8 | 0.2 | 2.9 | -0.1 | 0.3 | 14.5 | ||
| 2025 | 3.3 | -0.9 | -5.2 | -0.5 | 6.6 | 5.3 | 2.5 | 2.3 | 3.9 | 2.7 | 0.5 | 0.3 | 22.2 |
| 2024 | 2.2 | 5.8 | 3.6 | -3.8 | 5.4 | 4.2 | 1.6 | 2.4 | 2.4 | -0.4 | 6.4 | -1.8 | 31.3 |
| 2023 | 6.6 | -1.8 | 4.2 | 2.1 | 1.0 | 7.2 | 3.6 | -1.1 | -4.5 | -1.6 | 9.3 | 4.9 | 33.0 |
| 2022 | -4.8 | -2.6 | 4.0 | -8.4 | 0.5 | -8.2 | 9.6 | -3.5 | -8.6 | 8.5 | 6.0 | -5.3 | -14.3 |
| 2021 | -0.8 | 2.9 | 4.7 | 5.5 | 0.9 | 2.6 | 2.7 | 3.4 | -4.3 | 7.4 | -0.3 | 5.0 | 33.6 |
| 2020 | 0.4 | -8.2 | -14.2 | 13.1 | 4.7 | 2.2 | 5.8 | 7.5 | -3.4 | -2.3 | 11.0 | 4.1 | 18.7 |
We do not publish a tracking difference for this share class — and it is not an oversight.
CSPXX is hedged to MXN; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the MXN-hedged index series, which the issuer does not publish today.
Still want to know how well this fund tracks its index? Look at the unhedged sister class, CSPX, where fund and index share the same currency: its TD is the right measure of the management, which is the same. Go to the CSPX page →
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 12.62% | 14.81% | 16.80% | 20.06% |
| Max drawdown | -8.74% | -18.20% | -21.68% | -35.48% |
| Sharpe | 1.27 | 1.44 | 0.90 | 0.90 |
| Sortino | 1.89 | 2.15 | 1.31 | 1.27 |
| Share class | ISIN | Ticker | Income | Currency |
|---|---|---|---|---|
| EUR Hedged (Acc) | IE000Y7V5EW2 | CSPEH | Accumulating | EUR |
| USD (Acc) | IE00B5BMR087 | CSPX | Accumulating | USD |
| GBP Hedged (Dist) | IE00BD8KRH84 | GSPX | Distributing | GBP |
| MXN Hedged (Acc) · this page | IE00BL3J3G74 | CSPXX | Accumulating | MXN |
| Fund | TER | Income | Fund size |
|---|---|---|---|
I500 · iShares · 5 classes | 0.05% | Dist. · Acc. | 13.9 mld EUR |
VUAA · Vanguard · 2 classes | 0.07% | Acc. · Dist. | 78.3 mld EUR |
IUSA · iShares | 0.07% | Dist. | 20.3 mld EUR |
INCI · iShares · 4 classesactive | 0.35% | Dist. · Acc. | 4 mln EUR |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE00B5BMR087CSSPX(class: USD (Acc))IE00BD8KRH84QDVU(class: GBP Hedged (Dist))Official lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Exchange source |
|---|---|---|
| London Stock Exchange | 0A3Dfrom tax document | issuer’s tax document (exchange outside the FIRDS perimeter) |