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ETFs

iShares Trust iShares ESG Aware MSCI USA ETF

ESGU
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 1, 2016
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$50,337,551
AUM
$12,189,546,239
Associated Index
MSCI USA Extended ESG Focus Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.98%
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Microsoft Corporation
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AMZN
Amazon.com Inc.
3.10%
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NVIDIA Corp
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GOOG
Alphabet Inc - Ordinary Shares - Class C
2.58%
TSLA
Tesla Inc
1.84%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.58%
UNH
Unitedhealth Group Inc
1.37%
LLY
Lilly(Eli) & Co
1.24%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.13%
Invest with ESGU

What is ESGU?

The iShares ESG Aware MSCI USA ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index. The Underlying Index is an optimized equity index designed to reflect the equity performance of U.S. companies that have positive environmental, social and governance ( ESG ) characteristics (as determined by the Index Provider), while exhibiting risk and return characteristics similar to those of the MSCI USA Index (the Parent Index ). The Index Provider begins with the Parent Index, excludes securities of companies involved in the business of tobacco and controversial weapons companies, as well as securities of companies involved in very severe business controversies (as determined by the Index Provider), and then follows a quantitative process that is designed to determine optimal weights for securities to maximize exposure to securities of companies with higher ESG ratings, subject to maintaining risk and return characteristics similar to the Parent Index.

ETFs related toESGU

ETFs correlated to ESGU include SCHX, VOO, IWB

ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toESGU

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ESGU using Composer

FAQ

ESGU is a US Equities ETF. The iShares ESG Aware MSCI USA ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider while exhibiting risk and return characteristics similar to those of the parent index. The Underlying Index is an optimized equity index designed to reflect the equity performance of U.S. companies that have positive environmental, social and governance ( ESG ) characteristics (as determined by the Index Provider), while exhibiting risk and return characteristics similar to those of the MSCI USA Index (the Parent Index ). The Index Provider begins with the Parent Index, excludes securities of companies involved in the business of tobacco and controversial weapons companies, as well as securities of companies involved in very severe business controversies (as determined by the Index Provider), and then follows a quantitative process that is designed to determine optimal weights for securities to maximize exposure to securities of companies with higher ESG ratings, subject to maintaining risk and return characteristics similar to the Parent Index.

ESGU tracks the MSCI USA Extended ESG Focus Index.

No, ESGU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ESGU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ESGU is -0.0083%. This is the percent change in the value of ESGU over the most recent 1-month period. The 3-month return on ESGU is 0.0046%. This is the percent change in the value of ESGU over the most recent 3-month period.

The standard deviation of ESGU for the past year is 0.1778%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ESGU include SPHQ, DSI, and QUAL.

ETFs correlated to ESGU include SCHX, VOO, and IWB.

ETFs that are inversely correlated to ESGU include SDS, SPXS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.