iShares
TLCO.AS
IE000E9W0ID3
iShares MSCI Global Telecommunication Services UCITS ETF
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About this ETF

The iShares MSCI Global Telecommunication Services UCITS ETF USD (Acc) seeks to track the MSCI ACWI Telecommunication Services Screened 35/20 Capped index. The MSCI ACWI Telecommunication Services Screened 35/20 Capped index tracks the communication services sector of the developed and emerging markets worldwide (GICS sector classification). 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
0.35%

Total Expense Ratio per year

Fund Size
€9.61M

Assets under management

Holdings
53

Underlying equities

Dividend Yield
0%

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
10.47
Weighted Fwd P/E
10.29
💰 Revenue Estimates
Current Year CY
+5.46% ⌀ 18 Analysts Coverage
Next Year NY
+6.03% ⌀ 17 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+2.62% ⌀ 16 Analysts Coverage
Next Year NY
+9.71% ⌀ 16 Analysts Coverage

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ETF Profile
Provider
iShares
iShares
Fund Type
ETF
Inception Date
04/03/2024 (2 yrs)
Index Group
MSCI ACWI
Region
World
Country
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

5/7 Elevated
4/100 Low (Concentration Risk)
Diversification Score
4/100 Low (Concentration Risk)
3Y Volatility
16.1% p.a.
Max Drawdown (3Y)
-13.0%
Sharpe Ratio (3Y)
0.86
Beta Factor
0.00
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Fund closure risk (< 50M € AUM)
🟡 Moderate analyst coverage (15.5 analysts)
🔴 Extreme top 10 holdings concentration: 70% of fund in top 10 positions.
🔴 Severe sector concentration risk: 96% in "Communication Services".
🔴 Extreme industry concentration: 96% in "Telecom Services".
⚠️ Elevated Interest Rate Sensitivity: 98% in rate-sensitive or leverage-heavy industries (real estate, banks, utilities).
⚠️ Elevated Regulatory & Policy Risk: 97% in heavily regulated industries (defense, regulated utilities, healthcare policy).
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