iShares MSCI USA ESG Select ETF
ALTAR
Score™
6.0% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
17.6x P/Sales
ratio
1.7x
P/BV
ratio
3.2x Div.
yield
2.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares MSCI USA ESG Select Social Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield performance of approximately 250 companies within the MSCI USA Index that are determined to have positive environmental, social, and governance characteristics.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock Fund Advisors
Website www.ishares.com
Inception date Jan 28, 2005
Assets (mns) $1,083
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 114
Wgt avg mkt cap (mns) $213,349
Large cap (>$10bn) 94.8%
Mid cap ($2-10bn) 5.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MICROSOFT CORP 5.2 %
APPLE INC 4.9 %
ECOLAB INC 4.0 %
ACCENTURE PLC-CL A 3.8 %
SALESFORCE.COM INC 2.8 %
ALPHABET INC. CLASS A 2.7 %
PROLOGIS INC 2.6 %
EXPEDITORS INTL WASH INC 2.5 %
3M CO 2.3 %
BLACKROCK INC 2.3 %
Total 33.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 92.9 %
IRELAND 6.0 %
BRITAIN 0.8 %
SWITZERLAND 0.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 29)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.1% 9.0% 9.1% 11.6% 7.8%

Market Correlations
versus... Beta R-squared
S&P500 0.99 97%
MSCI EAFE 0.94 77%
MSCI Emg. Mkts. 0.68 59%

Technical Indicators
Recent close $111.70
30d moving avg. $120.35
Annualized volatility 13.2%
Short interest (ETF) 0.3%
Short interest (Underlying) 2.8%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 53
Turnover 0.6%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $126,065

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the iShares MSCI USA ESG Select ETF ETF based on the alternatives' overlap in portfolio holdings with SUSA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SUSA Expense: 25 bp ALTAR Score™: 6.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SUSA
Ticker Fund
Name
Overlap1
vs SUSA
(%)
Expense
ratio
(bp)
Savings
vs SUSA
(bp)
ALTAR
Score™
(%)
ALTAR
vs SUSA
(%)
ESGU iShares MSCI USA ESG Optimized ETF 51.1 15 10 6.4 +0.4
DSI iShares MSCI KLD 400 Social ETF 45.1 25 0 6.5 +0.5
SUSL iShares ESG MSCI USA Leaders ETF 44.4 10 15 6.7 +0.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 44.0 10 15 6.7 +0.7
NULC Nuveen ESG Large-Cap ETF 41.8 20 5 6.6 +0.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 40.7 49 -24 5.2 -0.7
IQSU IQ Candriam ESG US Equity ETF 40.7 9 16 6.4 +0.4
SNPE Xtrackers S&P 500 ESG ETF 39.3 11 14 6.6 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 39.0 20 5 6.4 +0.4
HSPX Global X S&P 500 Covered Call ETF 38.6 65 -40 6.1 +0.2
PBP Invesco S&P 500 BuyWrite ETF 37.9 49 -24 6.5 +0.5
MGC Vanguard Mega Cap Index Fund 37.4 7 18 6.6 +0.6
IWL iShares Russell Top 200 ETF 37.4 15 10 6.4 +0.4
SPXN ProShares S&P 500 Ex-Financials ETF 37.4 27 -2 6.4 +0.4
SPXE ProShares S&P 500 Ex-Energy ETF 36.6 27 -2 6.7 +0.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 36.6 20 5 6.8 +0.8
IVV iShares Core S&P 500 ETF 36.3 4 21 6.8 +0.9
SPY SPDR S&P 500 ETF Trust 36.2 9 16 6.8 +0.8
VOO VANGUARD S&P 500 ETF 36.2 3 22 6.8 +0.9
SPLG SPDR Portfolio Large Cap ETF 36.1 3 22 6.9 +0.9
WOMN Impact Shares YWCA Women's Empowerment ETF 36.1 75 -50 6.0 0.0
ESGV Vanguard ESG U.S. Stock ETF 36.1 12 13 6.7 +0.7
CATH Global X S&P 500 Catholic Values Custom ETF 35.8 29 -4 6.7 +0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 35.7 27 -2 6.5 +0.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 35.6 60 -35 5.7 -0.3
VV Vanguard Large-Cap Index Fund 35.6 4 21 6.7 +0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 35.4 4 21 5.5 -0.4
IVW iShares S&P 500 Growth ETF 35.4 18 7 5.4 -0.6
VOOG Vanguard S&P 500 Growth ETF 35.3 10 15 5.5 -0.5
IWY iShares Russell Top 200 Growth ETF 35.3 20 5 5.3 -0.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 35.3 2 23 6.8 +0.8
PBUS Invesco PureBeta MSCI USA ETF 35.2 4 21 6.8 +0.8
IUSG iShares Core S&P US Growth ETF 34.7 4 21 5.7 -0.3
SFY SoFi Select 500 ETF 34.7 0 25 6.4 +0.4
SCHX Schwab U.S. Large-Cap ETF 34.5 3 22 6.7 +0.8
KRMA Global X Conscious Companies ETF 34.4 43 -18 7.0 +1.1
IWF iShares Russell 1000 Growth ETF 34.4 19 6 5.4 -0.6
OEF iShares S&P 100 ETF 34.3 20 5 6.1 +0.2
VONG Vanguard Russell 1000 Growth Index Fund 34.3 8 17 5.5 -0.5
QUAL iShares MSCI Usa Quality Factor ETF 34.3 15 10 6.6 +0.7
FQAL Fidelity Quality Factor ETF 34.2 29 -4 6.8 +0.8
VONE Vanguard Russell 1000 ETF 34.1 8 17 6.7 +0.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 34.1 9 16 7.0 +1.0
EXT WisdomTree U.S. Total Earnings Fund 34.0 28 -3 7.3 +1.3
SPTM SPDR Portfolio Total Stock Market ETF 33.8 3 22 7.0 +1.0
IWB iShares Russell 1000 ETF 33.7 15 10 6.7 +0.7
SCHK Schwab 1000 Index ETF 33.5 5 20 6.7 +0.8
ESG FlexShares STOXX US ESG Impact Index Fund 33.4 32 -7 6.5 +0.5
IYY iShares Dow Jones U.S. ETF 33.3 20 5 6.6 +0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 33.2 12 13 6.4 +0.5
EPS WisdomTree U.S. Earnings 500 Fund 33.2 8 17 8.1 +2.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 33.0 75 -50 4.7 -1.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 32.9 15 10 6.7 +0.7
JQUA JPMorgan U.S. Quality Factor ETF 32.9 12 13 6.4 +0.4
NACP Impact Shares NAACP Minority Empowerment ETF 32.8 75 -50 6.0 +0.0
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 32.7 29 -4 5.4 -0.6
VTHR Vanguard Russell 3000 Index Fund 32.4 10 15 6.6 +0.7
RECS Columbia Research Enhanced Core ETF 32.3 15 10 7.2 +1.2
QUS SPDR MSCI USA StrategicFactors ETF 32.2 15 10 7.0 +1.0
VEGN US Vegan Climate ETF 32.1 60 -35 6.7 +0.7
SCHB Schwab U.S. Broad Market ETF 32.1 3 22 6.7 +0.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 32.0 3 22 6.7 +0.7
IWV iShares Russell 3000 ETF 31.9 20 5 6.5 +0.6
VTI Vanguard Total Stock Market Index Fund 31.8 3 22 6.7 +0.7
IUS Invesco Strategic US ETF 31.6 19 6 7.6 +1.7
XLG Invesco S&P 500 Top 50 ETF 31.0 20 5 5.7 -0.2
DIVB iShares U.S. Dividend & Buyback ETF 30.9 25 0 8.4 +2.5
NULV Nuveen ESG Large-Cap Value ETF 30.9 35 -10 8.9 +2.9
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 30.7 12 13 6.1 +0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 30.6 28 -3 7.7 +1.8
VUG Vanguard Growth Index Fund 30.5 4 21 5.3 -0.7
MGK Vanguard Mega Cap Growth ETF 30.0 7 18 5.4 -0.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 29.7 19 6 7.3 +1.3
JHML John Hancock Multifactor Large Cap ETF 29.3 34 -9 7.1 +1.1
QYLD Global X NASDAQ 100 Covered Call ETF 29.2 60 -35 4.8 -1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 29.1 25 0 8.0 +2.0
QQQ Invesco QQQ Trust 29.0 20 5 5.2 -0.8
NUSI Nationwide Risk-Managed Income ETF 29.0 68 -43 4.9 -1.1
FVAL Fidelity Value Factor ETF 28.9 29 -4 10.5 +4.6
DGRO iShares Core Dividend Growth ETF 28.5 8 17 8.1 +2.1
SCHG Schwab U.S. Large-Cap Growth ETF 28.4 4 21 5.4 -0.6
DTD WisdomTree U.S.Total Dividend Fund 28.2 28 -3 8.2 +2.2
IGM iShares North American Tech ETF 28.2 46 -21 5.0 -0.9
DGRW WisdomTree U.S. Quality Dividend Growth Fund 28.1 28 -3 8.0 +2.0
FDLO Fidelity Low Volatility Factor ETF 28.1 29 -4 6.2 +0.3
IETC iShares Evolved U.S. Technology ETF 27.9 18 7 5.1 -0.9
OUSA O'Shares FTSE US Quality Dividend ETF 27.9 48 -23 6.8 +0.8
NULG Nuveen ESG Large-Cap Growth ETF 27.7 35 -10 4.5 -1.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 27.7 25 0 8.1 +2.2
AFLG First Trust Active Factor Large Cap ETF 27.7 55 -30 7.8 +1.8
AVUS Avantis U.S. Equity ETF 27.6 15 10 7.6 +1.7
FLQL Franklin LibertyQ U.S. Equity ETF 27.5 15 10 7.7 +1.7
QLC FlexShares US Quality Large Cap Index Fund 27.4 32 -7 7.1 +1.2
TMFC Motley Fool 100 Index ETF 27.2 50 -25 4.8 -1.2
IYW iShares U.S. Technology ETF 26.9 42 -17 5.3 -0.7
LRGE ClearBridge Large Cap Growth ESG ETF 26.8 60 -35 5.1 -0.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 26.7 42 -17 6.9 +1.0
RAFE PIMCO RAFI ESG U.S. ETF 26.6 29 -4 9.8 +3.8
DSTL Distillate US Fundamental Stability & Value ETF 26.5 39 -14 7.3 +1.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 26.4 21 4 3.5 -2.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares MSCI USA ESG Select ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 19.5 %
Divided by: Fwd. P/BV 3.1 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.