The world's smaller companies
This fund owns thousands of smaller listed companies across developed countries like the US, Japan and Europe. Smaller companies can grow faster than giants but tend to swing more in value. It quietly reinvests dividends for you, so nothing lands in your account to manage.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Adds thousands of smaller firms most funds miss
- Broadly spread across many developed countries
- Large, liquid, fully accumulating fund
- Smaller companies swing more in value
- Pricier than plain world large-cap funds
- Priced in USD, so currency moves matter
About this fund
The iShares MSCI World Small Cap UCITS ETF tracks the MSCI World Small Cap index, holding several thousand small-company stocks across 23 developed markets. It uses physical optimised sampling and accumulates dividends inside the fund. It is the largest ETF tracking this index, with multi-billion AUM and an Irish domicile.
Available on Interactive Brokers
Low-cost access to The world's smaller companies and 10,000+ funds worldwide.
Frequently asked questions
Is WSML.L accumulating or distributing?
iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for WSML.L?
WSML.L has a total expense ratio (TER) of 0.35% per year. On a $10,000 holding that is roughly $35 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy WSML.L on Interactive Brokers?
Yes. WSML.L trades on London Stock Exchange, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does WSML.L invest in?
iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.L) tracks the MSCI World Small Cap. This fund owns thousands of smaller listed companies across developed countries like the US, Japan and Europe. You buy one fund and get the whole basket in a single trade.
Is WSML.L a UCITS ETF, and where is it domiciled?
Yes, WSML.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is WSML.L?
On the TickerCompare 1 to 5 scale, WSML.L is rated higher risk (4/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.