IEDIiShares Evolved U.S. Discretionary Spending ETF
IEDI Fund Description
IEDI is an actively-managed, market-cap-weighted fund of large-, mid-, and small-cap US stocks in the discretionary spending sector. The fund uses an alternative classification system defined by machine learning algorithms.
IEDI Factset Analytics Insight
IEDI is part of an iShares sector suite that redefines the US market, using text analysis and data science to group similar companies. The fund provides exposure to the “discretionary spending” sector, including companies of all market capitalizations. Discretionary spending is similar to what other classification systems label consumer discretionary or cyclicals, but excludes media and entertainment. While the sector suite as a whole is market-cap-weighted, companies can have their weight split between two or more funds. Sector assignments are determined by the use of relevant terminology in public filings. IEDI is reconstituted quarterly, making it more responsive to changes in business direction.
IEDI MSCI ESG Analytics Insight
iShares Evolved U.S. Discretionary Spending ETF has an MSCI ESG Fund Rating of A based on a score of 5.77 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 Evolved U.S. Discretionary Spending ETF ranks in the 39th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IEDI 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.
IEDI Summary Data
IEDI Portfolio Data
IEDI Index Data
IEDI Portfolio Management
IEDI Tax Exposures
IEDI Fund Structure
IEDI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IEDI. IEDI is rated a 5 out of 5.
IEDI Sector/Industry Breakdown
IEDI Economic Development
IEDI Performance Statistics
IEDI MSCI ESG Ratings
IEDI Benchmark Comparison Summary
IEDI Benchmark Comparison Market Cap Size