iShares
WCMS.AS
IE00BJ5JP436
iShares MSCI World Communication Services Sector Advanced UCITS ETF
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About this ETF

The iShares MSCI World Communication Services Sector Advanced UCITS ETF USD (Dist) seeks to track the MSCI World Communication Services Advanced Select 20 35 Capped index. The MSCI World Communication Services Advanced Select 20 35 Capped index tracks the communication services sector of the developed markets worldwide (GICS sector classification). The stocks included are filtered according to ESG criteria (environmental, social and corporate governance). Excluded sectors and companies: weapons, tobacco, thermal coal, oil sands, non-compliance with UN Global Compact. The weight of the largest constituent is constrained to 35% and the weights of all other constituents are constrained to a maximum of 20%.

TER
0.18%

Total Expense Ratio per year

Fund Size
€118.97M

Assets under management

Holdings
61

Underlying equities

Dividend Yield
0.81%

Distributing

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
17.15
Weighted Fwd P/E
17.84
💰 Revenue Estimates
Current Year CY
+15.67% ⌀ 38 Analysts Coverage
Next Year NY
+14.07% ⌀ 37 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+22.09% ⌀ 33 Analysts Coverage
Next Year NY
+11.68% ⌀ 34 Analysts Coverage

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ETF Profile
Provider
iShares
iShares
Fund Type
ETF
Inception Date
04/07/2022 (4 yrs)
Index Group
MSCI World
Region
World
Country
-
Theme
-
Distribution Policy
Distributing
Replication
Full replication
Sustainable
Yes

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
17/100 Low (Concentration Risk)
Diversification Score
17/100 Low (Concentration Risk)
5Y Volatility
48.6% p.a.
Max Drawdown (5Y)
-97.0%
Sharpe Ratio (5Y)
-0.96
Beta Factor
0.92
Notes & Warnings
Fund Volume (AUM) Solid fund volume
🔴 Extreme top 10 holdings concentration: 72% of fund in top 10 positions.
🔴 Severe sector concentration risk: 98% in "Communication Services".
🔴 Extreme industry concentration: 51% in "Internet Content & Information".
⚠️ Elevated Regulatory & Policy Risk: 72% in heavily regulated industries (defense, regulated utilities, healthcare policy).
🔴 Structurally High Volatility: Above-average fluctuations persist across 5 to 10 years (48.6% p.a.).
⚠️ Historical Stress Test: Maximum peak-to-trough drawdown of -97.0% in the extended horizon.
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