iShares S&P 500 Swap UCITS ETF USD (Acc)

The iShares S&P 500 Swap UCITS ETF is consistently paired with global semiconductor equities, represented by the SEME ticker, and physical gold via SGLN. In these portfolios, SEME acts as the primary growth engine with allocations ranging from 40% to 80%, while SGLN serves as a volatility dampener at 15% to 30%. The S&P 500 exposure provided by I500 is typically kept as a smaller, stabilizing component, usually between 2% and 20%, which balances the high-beta nature of the semiconductor sector with broader US market exposure.

EuroFolio users appear to treat I500 as a tactical diversification tool rather than a core holding. The data shows that as investors increase their concentration in high-growth semiconductor stocks, they utilize I500 to maintain a baseline of US market exposure without sacrificing the aggressive returns sought by the tech-heavy strategy. The highest Sharpe ratio of 1.48 is achieved when I500 is held at a 20% weight, suggesting that this allocation effectively moderates the overall portfolio volatility while capturing the upside of the broader S&P 500 index alongside more specialized equity bets.