iShares Core S&P 500 UCITS ETF GBP Hedged (Dist) is an exchange-traded fund that seeks to track the S&P 500® (GBP Hedged) index, providing exposure to the performance of 500 large-cap U.S. stocks while mitigating currency risk through hedging to the British Pound (GBP). Launched on 3 July 2018 and domiciled in Ireland, it employs full physical replication by holding all index constituents, ensuring close alignment with the benchmark. The fund features a low total expense ratio of 0.10% per annum and distributes dividends semi-annually to investors, with assets under management reaching EUR 3,113 million and 503 holdings. Sector allocations highlight technology at 35.67%, financials at 11.14%, and consumer discretionary at 10.65%, predominantly invested in U.S. equities (95.70%). Currency hedging protects GBP-based investors from USD/GBP exchange rate fluctuations, making it a cost-effective tool for accessing U.S. market returns without unhedged forex exposure. This UCITS-compliant ETF plays a key role in diversified portfolios seeking broad U.S. equity participation with reduced currency volatility.