iShares MSCI USA ESG Select ETF
ALTAR
Score™
4.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
25.7x P/Sales
ratio
2.5x
P/BV
ratio
4.3x Div.
yield
1.6%


  • 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 24, 2005
Assets (mns) $1,849
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 155
Wgt avg mkt cap (mns) $330,651
Large cap (>$10bn) 96.3%
Mid cap ($2-10bn) 3.8%
Small cap (<$2bn) 0.0%
Developed mkts 99.8%
Emerging mkts 0.2%

TOP TEN HOLDINGS
MICROSOFT CORP 5.0 %
APPLE INC 4.9 %
SALESFORCE.COM INC 3.2 %
ALPHABET INC. CLASS A 2.7 %
ACCENTURE PLC-CL A 2.6 %
CUMMINS INC 2.2 %
BLACKROCK INC 2.1 %
HOME DEPOT INC 2.0 %
3M CO 2.0 %
NVIDIA CORP 2.0 %
Total 28.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.0 %
IRELAND 5.1 %
BRITAIN 0.8 %
SWITZERLAND 0.4 %
ARGENTINA 0.2 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
10.9% 20.8% 15.1% 13.2% 8.7%

Market Correlations
versus... Beta R-squared
S&P500 0.99 98%
MSCI EAFE 1.02 86%
MSCI Emg. Mkts. 0.73 71%

Technical Indicators
Recent close $151.58
30d moving avg. $148.27
Annualized volatility 17.6%
Short interest (ETF) 0.2%
Short interest (Underlying) 2.8%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 57
Turnover 0.5%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $147,966

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™: 4.6%


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 52.5 15 10 4.9 +0.3
DSI iShares MSCI KLD 400 Social ETF 52.2 25 0 5.0 +0.4
SUSL iShares ESG MSCI USA Leaders ETF 51.8 10 15 5.2 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 51.7 10 15 5.2 +0.6
NULC Nuveen ESG Large-Cap ETF 49.3 20 5 4.9 +0.3
IQSU IQ Candriam ESG US Equity ETF 45.7 9 16 4.9 +0.3
ESGV Vanguard ESG U.S. Stock ETF 44.9 12 13 4.9 +0.3
KRMA Global X Conscious Companies ETF 44.8 43 -18 5.0 +0.4
ESG FlexShares STOXX US ESG Impact Index Fund 44.2 32 -7 5.0 +0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 44.2 20 5 4.8 +0.2
EFIV SPDR S&P 500 ESG ETF 43.4 10 15 4.9 +0.3
SNPE Xtrackers S&P 500 ESG ETF 43.2 10 15 4.9 +0.3
MGC Vanguard Mega Cap Index Fund 43.1 7 18 5.0 +0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 42.8 7 18 5.0 +0.4
PBP Invesco S&P 500 BuyWrite ETF 42.8 49 -24 4.8 +0.2
HSPX Global X S&P 500 Covered Call ETF 42.7 60 -35 4.8 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 42.6 49 -24 3.9 -0.7
PBUS Invesco PureBeta MSCI USA ETF 42.4 4 21 5.0 +0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 42.4 2 23 5.1 +0.5
IWL iShares Russell Top 200 ETF 42.1 15 10 4.8 +0.2
BKLC BNY Mellon US Large Cap Core Equity ETF 42.1 0 25 4.9 +0.3
VV Vanguard Large-Cap Index Fund 41.9 4 21 5.0 +0.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 41.9 20 5 5.1 +0.5
XYLG Global X S&P 500 Covered Call & Growth ETF 41.8 60 -35 4.8 +0.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 41.7 9 16 5.4 +0.8
SPY SPDR S&P 500 ETF Trust 41.7 9 16 5.1 +0.5
SPXE ProShares S&P 500 Ex-Energy ETF 41.6 27 -2 5.1 +0.5
IVV iShares Core S&P 500 ETF 41.6 3 22 5.2 +0.6
SPLG SPDR Portfolio Large Cap ETF 41.6 3 22 5.2 +0.6
SCHX Schwab U.S. Large-Cap ETF 41.4 3 22 5.0 +0.4
SPXN ProShares S&P 500 Ex-Financials ETF 41.4 27 -2 4.8 +0.2
VOO VANGUARD S&P 500 ETF 41.3 3 22 5.2 +0.6
VOOG Vanguard S&P 500 Growth ETF 41.0 10 15 4.1 -0.5
SCHK Schwab 1000 Index ETF 40.9 5 20 5.0 +0.4
IWB iShares Russell 1000 ETF 40.7 15 10 4.9 +0.3
IYY iShares Dow Jones U.S. ETF 40.6 20 5 4.9 +0.3
CATH Global X S&P 500 Catholic Values Custom ETF 40.6 29 -4 5.0 +0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 40.4 27 -2 4.8 +0.2
EXT WisdomTree U.S. Total Earnings Fund 40.4 28 -3 5.4 +0.8
SPYG SPDR Portfolio S&P 500 Growth ETF 40.4 4 21 4.2 -0.4
IVW iShares S&P 500 Growth ETF 40.4 18 7 16.8 +12.2
VONE Vanguard Russell 1000 ETF 40.1 8 17 5.0 +0.4
SPTM SPDR Portfolio Total Stock Market ETF 39.8 3 22 5.3 +0.7
IUSG iShares Core S&P US Growth ETF 39.5 4 21 4.2 -0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 39.5 60 -35 4.0 -0.6
VTHR Vanguard Russell 3000 Index Fund 39.4 10 15 4.8 +0.2
IWF iShares Russell 1000 Growth ETF 39.3 19 6 3.6 -1.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 39.3 12 13 4.5 -0.1
SCHB Schwab U.S. Broad Market ETF 39.1 3 22 4.9 +0.3
IWV iShares Russell 3000 ETF 39.0 20 5 4.8 +0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 39.0 3 22 4.9 +0.3
WOMN Impact Shares YWCA Women's Empowerment ETF 39.0 75 -50 4.1 -0.5
IWY iShares Russell Top 200 Growth ETF 39.0 20 5 3.8 -0.9
VONG Vanguard Russell 1000 Growth Index Fund 38.9 8 17 3.7 -0.9
OEF iShares S&P 100 ETF 38.4 20 5 4.6 +0.0
SFY SoFi Select 500 ETF 38.4 0 25 4.9 +0.3
JQUA JPMorgan U.S. Quality Factor ETF 38.1 12 13 5.2 +0.6
VTI Vanguard Total Stock Market Index Fund 38.0 3 22 4.9 +0.3
EPS WisdomTree U.S. Earnings 500 Fund 37.9 8 17 6.3 +1.7
VEGN US Vegan Climate ETF 37.7 60 -35 4.9 +0.3
VUG Vanguard Growth Index Fund 37.2 4 21 3.8 -0.8
RECS Columbia Research Enhanced Core ETF 37.1 15 10 5.5 +0.9
JHML John Hancock Multifactor Large Cap ETF 36.9 29 -4 5.3 +0.7
QUS SPDR MSCI USA StrategicFactors ETF 36.4 15 10 5.7 +1.1
MGK Vanguard Mega Cap Growth ETF 36.4 7 18 3.9 -0.7
DLN WisdomTree U.S. LargeCap Dividend Fund 35.8 28 -3 6.3 +1.7
DIVB iShares U.S. Dividend & Buyback ETF 35.6 25 0 6.7 +2.1
XLG Invesco S&P 500 Top 50 ETF 35.3 20 5 4.3 -0.3
FQAL Fidelity Quality Factor ETF 35.2 29 -4 5.3 +0.7
NACP Impact Shares NAACP Minority Empowerment ETF 35.1 75 -50 4.7 +0.1
AFLG First Trust Active Factor Large Cap ETF 34.8 55 -30 5.3 +0.7
AVUS Avantis U.S. Equity ETF 34.4 15 10 5.4 +0.8
QUAL iShares MSCI Usa Quality Factor ETF 34.4 15 10 5.3 +0.7
SCHG Schwab U.S. Large-Cap Growth ETF 34.3 4 21 3.4 -1.2
NULV Nuveen ESG Large-Cap Value ETF 34.0 35 -10 7.2 +2.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 34.0 75 -50 3.7 -0.9
DTD WisdomTree U.S.Total Dividend Fund 33.9 28 -3 6.6 +2.0
QLC FlexShares US Quality Large Cap Index Fund 33.8 32 -7 5.0 +0.4
IETC iShares Evolved U.S. Technology ETF 33.8 18 7 3.7 -0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 33.8 30 -5 6.4 +1.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 33.5 15 10 6.0 +1.4
IGM iShares Expanded Tech Sector ETF 33.4 46 -21 3.7 -1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 33.4 9 16 5.5 +0.9
FDMO Fidelity Momentum Factor ETF 33.4 29 -4 3.2 -1.5
IUS Invesco Strategic US ETF 33.3 19 6 6.3 +1.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 33.3 19 6 5.9 +1.3
TOK iShares MSCI Kokusai ETF 33.3 25 0 5.4 +0.8
TMFC Motley Fool 100 Index ETF 33.2 50 -25 3.3 -1.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 33.0 42 -17 5.1 +0.5
FLQL Franklin LibertyQ U.S. Equity ETF 32.8 15 10 6.0 +1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 32.8 29 -4 5.8 +1.2
QYLD Global X NASDAQ 100 Covered Call ETF 32.4 60 -35 3.4 -1.2
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 32.2 60 -35 3.4 -1.2
QQQ Invesco QQQ Trust 32.2 20 5 3.7 -0.9
NUSI Nationwide Risk-Managed Income ETF 32.1 68 -43 3.2 -1.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 32.1 25 0 6.6 +2.0
ECOZ TrueMark ESG Active Opportunities ETF 32.0 58 -33 3.5 -1.1
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 32.0 21 4 3.0 -1.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 31.3 25 0 6.1 +1.5
RAFE PIMCO RAFI ESG U.S. ETF 31.2 29 -4 7.6 +3.0

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 18.9 %
Divided by: Fwd. P/BV 3.9 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 4.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.51
 
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.