XJRiShares ESG Screened S&P Small-Cap ETF
XJR Fund Description
XJR tracks a market-cap weighted index of US small-caps screened for sustainability and excluding those with exposure to certain controversial business activities.
XJR Factset Analytics Insight
XJR launched as perhaps an indication of changing times. Twenty years after the launch of their flagship core equity funds, iShares is providing an ESG screen to the same indexes. XJR starts with the S&P SmallCap 600 and screens out companies over a certain threshold level of involvement in tobacco, controversial weapons, and involvement with fossil-fuels. Companies are evaluated based on their involvement in certain controversial business activities. Excluded are those holding reserves of coal, oil, natural gas or shale, and companies deemed non-compliant with the United Nations’ Global Compact. Companies are also evaluated for governance controversies, such as economic crime, corruption, fraud, human rights abuses, labor disputes, workplace safety, catastrophic accidents and environmental disasters. Those flagged on any of these issues, they may be removed from the index, and remain ineligible for reentry for up to one year. Exclusions are reviewed at each quarterly rebalance.
XJR MSCI ESG Analytics Insight
iShares ESG Screened S&P Small-Cap ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.09 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 Screened S&P Small-Cap ETF ranks in the 28th percentile within its peer group and in the 24th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
XJR 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.
XJR Summary Data
XJR Portfolio Data
XJR Index Data
XJR Portfolio Management
XJR Tax Exposures
XJR Fund Structure
XJR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of XJR. XJR is rated a 5 out of 5.
XJR Sector/Industry Breakdown
XJR Economic Development
XJR Performance Statistics
XJR MSCI ESG Ratings
XJR Benchmark Comparison Summary
XJR Benchmark Comparison Market Cap Size