(XESG) iShares ESG Aware MSCI - Ratings and Ratios

The iShares ESG Aware MSCI Canada Index ETF (TO:XESG) is a Canadian equity-focused exchange-traded fund designed to provide exposure to Canadian companies that meet specific environmental, social, and governance (ESG) criteria. The fund tracks the performance of the MSCI Canada ESG Index, which incorporates ESG screens to exclude companies involved in controversial activities such as fossil fuels, weapons, and tobacco. XESG is part of BlackRocks iShares ESG Aware series, targeting investors seeking sustainable investment solutions without compromising on broad market exposure.

From a technical perspective, XESG has shown moderate trading activity, with an average 20-day volume of 8,242 shares. The fund is currently trading at CAD 30.66, slightly below its 20-day simple moving average (SMA) of CAD 31.04 but above its 50-day SMA of CAD 30.87. The 200-day SMA stands at CAD 29.24, indicating upward momentum over the longer term. The average true range (ATR) of 0.31 reflects relatively low volatility in recent trading sessions.

Fundamentally, XESG manages assets under management (AUM) of CAD 465.95 million, demonstrating its appeal among investors seeking ESG-compliant Canadian equity exposure. The funds structure allows for diversification across sectors while aligning with sustainable investing principles. Its holdings are periodically rebalanced to ensure ongoing adherence to ESG guidelines and to maintain representation of the underlying index.

3-Month Forecast: Based on and , XESG is expected to remain range-bound between CAD 29.50 and CAD 32.00 over the next quarter. The funds price action will likely be influenced by broader market sentiment toward Canadian equities and the ongoing demand for ESG-focused investment products. Support is anticipated near the 200-day SMA (CAD 29.24), while resistance may emerge at the recent high of CAD 31.50. The low ATR of 0.31 suggests volatility will remain subdued, with potential for modest upside if the broader market stabilizes.