ESGU 📈 iShares ESG Aware MSCI USA - Overview

The iShares ESG Aware MSCI USA ETF, listed on the NASDAQ under the ticker ESGU, is designed to track the performance of U.S. companies that demonstrate favorable environmental, social, and governance (ESG) characteristics. To achieve this, the fund invests a minimum of 90% of its assets in the component securities of its underlying index, which is an optimized equity index. This index is specifically crafted to reflect the equity performance of U.S. companies with strong ESG profiles, as determined by the index provider, while maintaining risk and return characteristics similar to those of the broader MSCI USA Index.

The underlying index's methodology involves evaluating companies based on their ESG performance, which includes factors such as carbon footprint, labor practices, board composition, and executive compensation. By focusing on companies with better ESG characteristics, the fund aims to provide investors with a portfolio that not only seeks to deliver returns comparable to the broader U.S. market but also aligns with their values and sustainability goals. The fund may also utilize derivatives, such as futures, options, and swap contracts, as well as hold cash and cash equivalents, up to 10% of its assets, to manage risk, facilitate trading, or seek to enhance returns.

As an exchange-traded fund (ETF), ESGU offers investors the benefits of diversification, transparency, and flexibility. It is listed on the NASDAQ, providing easy access for investors to buy and sell shares throughout the trading day. The fund is domiciled in the United States and has the ISIN code US46435G4257. It falls under the category of large blend ETFs, indicating that it tracks a broad index of large-cap U.S. stocks with a mix of growth and value characteristics. For more information about this and other iShares funds, investors can visit the iShares website at http://www.ishares.com.