ESGUiShares ESG Aware MSCI USA ETF
ESGU Fund Description
ESGU tracks an index composed of US companies that are selected and weighted for positive environmental, social and governance characteristics.
ESGU Factset Analytics Insight
ESGU invests in large- and midcap companies with strong ESG traits, while maintaining an overall market-like portfolio. Companies in the broad MSCI USA Index are rated based on ESG factors and are narrowed down by excluding companies involved in: tobacco, controversial weapons, civilian firearms, thermal coal, and oil sands. Portfolio optimization software is then used to maximize the funds’ stake in highly-rated companies while staying true to a market-like exposure. In addition, the fund also removes companies that are experiencing “severe business controversies.” The index is rebalanced quarterly. Note: Prior to June 1, 2018 the fund tracked the MSCI USA ESG Focus Index—a pioneer index that does not remove firms related to the civilian firearms industry.
ESGU MSCI ESG Analytics Insight
iShares ESG Aware MSCI USA ETF has an MSCI ESG Fund Rating of A based on a score of 6.78 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares ESG Aware MSCI USA ETF ranks in the 62nd percentile within its peer group and in the 71st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ESGU MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
ESGU Summary Data
ESGU Portfolio Data
ESGU Index Data
ESGU Portfolio Management
ESGU Tax Exposures
ESGU Fund Structure
ESGU Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ESGU. ESGU is rated a 5 out of 5.
ESGU Sector/Industry Breakdown
ESGU Economic Development
ESGU Performance Statistics
ESGU MSCI ESG Ratings
ESGU Benchmark Comparison Summary
ESGU Benchmark Comparison Market Cap Size