iShares MSCI USA ESG Select ETF
ALTAR
Score™
4.2% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
28.0x P/Sales
ratio
2.9x
P/BV
ratio
4.6x Div.
yield
1.4%


  • 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) $2,470
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 199
Wgt avg mkt cap (mns) $377,539
Large cap (>$10bn) 97.7%
Mid cap ($2-10bn) 2.3%
Small cap (<$2bn) 0.0%
Developed mkts 99.7%
Emerging mkts 0.3%

TOP TEN HOLDINGS
APPLE INC 5.4 %
MICROSOFT CORP 4.9 %
ALPHABET INC. CLASS A 3.0 %
TESLA MOTORS INC 2.1 %
ACCENTURE PLC-CL A 1.9 %
HOME DEPOT INC 1.8 %
FACEBOOK 1.8 %
BLACKROCK INC 1.6 %
NVIDIA CORP 1.6 %
SALESFORCE.COM INC 1.4 %
Total 25.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.0 %
IRELAND 4.3 %
BRITAIN 1.2 %
SWITZERLAND 0.7 %
ARGENTINA 0.3 %
BERMUDA 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
24.6% 24.6% 16.4% 13.3% 9.4%

Market Correlations
versus... Beta R-squared
S&P500 0.98 99%
MSCI EAFE 0.91 84%
MSCI Emg. Mkts. 0.74 71%

Technical Indicators
Recent close $85.18
30d moving avg. $82.61
Annualized volatility 18.5%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.8%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 158
Turnover 0.5%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $155,984

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 4.2%


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 61.6 15 10 4.4 +0.2
ESGV Vanguard ESG U.S. Stock ETF 57.8 12 13 4.5 +0.2
DSI iShares MSCI KLD 400 Social ETF 56.8 25 0 4.5 +0.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 54.8 10 15 4.8 +0.6
SUSL iShares ESG MSCI USA Leaders ETF 54.7 10 15 4.8 +0.6
IQSU IQ Candriam ESG US Equity ETF 52.3 9 16 4.5 +0.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 50.3 15 10 4.6 +0.4
PBP Invesco S&P 500 BuyWrite ETF 50.2 49 -24 4.3 +0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 49.9 7 18 4.5 +0.3
XYLG Global X S&P 500 Covered Call & Growth ETF 49.7 60 -35 4.4 +0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 49.7 2 23 4.6 +0.4
PBUS Invesco PureBeta MSCI USA ETF 49.5 4 21 4.6 +0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 49.4 20 5 4.6 +0.3
VV Vanguard Large-Cap Index Fund 49.4 4 21 4.6 +0.4
SPY SPDR S&P 500 ETF Trust 49.3 9 16 4.7 +0.4
SPLG SPDR Portfolio Large Cap ETF 49.3 3 22 4.7 +0.5
IVV iShares Core S&P 500 ETF 49.3 3 22 4.7 +0.5
MGC Vanguard Mega Cap Index Fund 49.1 7 18 4.6 +0.3
SPXE ProShares S&P 500 Ex-Energy ETF 49.1 27 -2 4.6 +0.4
XVV iShares ESG Screened S&P 500 ETF 49.0 8 17 4.9 +0.6
VOO VANGUARD S&P 500 ETF 48.7 3 22 4.8 +0.6
SCHX Schwab U.S. Large-Cap ETF 48.5 3 22 4.5 +0.3
NULC Nuveen ESG Large-Cap ETF 48.5 20 5 4.2 -0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 48.5 0 25 4.4 +0.2
IWL iShares Russell Top 200 ETF 48.0 15 10 4.4 +0.2
SPXN ProShares S&P 500 Ex-Financials ETF 48.0 27 -2 4.3 +0.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 47.9 20 5 4.8 +0.5
SCHK Schwab 1000 Index ETF 47.7 5 20 4.6 +0.3
USXF iShares ESG Advanced MSCI USA ETF 47.5 10 15 4.5 +0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 47.4 27 -2 4.3 +0.0
IWB iShares Russell 1000 ETF 47.3 15 10 4.4 +0.2
IYY iShares Dow Jones U.S. ETF 47.3 20 5 4.4 +0.2
EFIV SPDR S&P 500 ESG ETF 47.0 10 15 4.6 +0.3
SNPE Xtrackers S&P 500 ESG ETF 47.0 10 15 4.6 +0.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 46.9 9 16 4.8 +0.6
SPTM SPDR Portfolio Total Stock Market ETF 46.8 3 22 4.8 +0.6
KRMA Global X Conscious Companies ETF 46.7 43 -18 4.9 +0.6
ESG FlexShares STOXX US ESG Impact Index Fund 46.5 32 -7 4.4 +0.2
VTHR Vanguard Russell 3000 Index Fund 46.3 10 15 4.4 +0.2
CATH Global X S&P 500 Catholic Values Custom ETF 46.3 29 -4 4.6 +0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 46.0 60 -35 3.6 -0.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 45.8 49 -24 3.4 -0.8
VOOG Vanguard S&P 500 Growth ETF 45.3 10 15 3.9 -0.4
SCHB Schwab U.S. Broad Market ETF 45.2 3 22 4.4 +0.2
IWV iShares Russell 3000 ETF 45.0 20 5 4.3 +0.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 45.0 3 22 4.4 +0.2
RESP WisdomTree US ESG Fund of Benef Interest 44.7 28 -3 5.0 +0.8
SPYG SPDR Portfolio S&P 500 Growth ETF 44.4 4 21 3.6 -0.6
IVW iShares S&P 500 Growth ETF 44.4 18 7 3.5 -0.7
VONE Vanguard Russell 1000 ETF 44.4 8 17 4.5 +0.3
SFY SoFi Select 500 ETF 44.2 0 25 4.6 +0.3
VTI Vanguard Total Stock Market Index Fund 44.0 3 22 4.4 +0.2
IUSG iShares Core S&P US Growth ETF 43.7 4 21 3.6 -0.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 43.5 15 10 5.8 +1.6
IWF iShares Russell 1000 Growth ETF 43.4 19 6 3.4 -0.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 43.4 12 13 4.0 -0.3
OEF iShares S&P 100 ETF 43.2 20 5 4.2 -0.1
DFAU Dimensional US Core Equity Market ETF 43.1 12 13 4.7 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 42.9 8 17 5.9 +1.7
VONG Vanguard Russell 1000 Growth Index Fund 42.8 8 17 3.5 -0.7
JHML John Hancock Multifactor Large Cap ETF 42.4 29 -4 4.8 +0.6
IWY iShares Russell Top 200 Growth ETF 42.3 20 5 3.5 -0.7
VUG Vanguard Growth Index Fund 42.2 4 21 3.5 -0.7
QUS SPDR MSCI USA StrategicFactors ETF 41.9 15 10 5.3 +1.0
RECS Columbia Research Enhanced Core ETF 41.1 15 10 5.1 +0.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 40.8 30 -5 5.2 +1.0
DIVB iShares U.S. Dividend & Buyback ETF 40.7 25 0 5.9 +1.7
WOMN Impact Shares YWCA Women's Empowerment ETF 40.1 75 -50 3.5 -0.7
MGK Vanguard Mega Cap Growth ETF 40.0 7 18 3.6 -0.6
JQUA JPMorgan U.S. Quality Factor ETF 39.7 12 13 5.0 +0.8
VEGN US Vegan Climate ETF 39.4 60 -35 3.9 -0.3
QUAL iShares MSCI Usa Quality Factor ETF 38.8 15 10 5.0 +0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 38.0 9 16 5.0 +0.8
SCHG Schwab U.S. Large-Cap Growth ETF 37.9 4 21 3.1 -1.1
TOK iShares MSCI Kokusai ETF 37.9 25 0 4.9 +0.6
AVUS Avantis U.S. Equity ETF 37.8 15 10 4.8 +0.6
HIPR Direxion High Growth ETF 37.7 40 -15 3.8 -0.4
IUS Invesco Strategic US ETF 37.4 19 6 5.5 +1.2
AFLG First Trust Active Factor Large Cap ETF 37.2 55 -30 4.6 +0.4
NACP Impact Shares NAACP Minority Empowerment ETF 37.0 49 -24 4.7 +0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 37.0 28 -3 6.1 +1.9
FQAL Fidelity Quality Factor ETF 36.7 29 -4 5.0 +0.7
XLG Invesco S&P 500 Top 50 ETF 36.7 20 5 4.0 -0.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 36.6 19 6 5.3 +1.1
QYLD Global X NASDAQ 100 Covered Call ETF 36.2 60 -35 3.1 -1.1
NUSI Nationwide Risk-Managed Income ETF 36.2 68 -43 3.1 -1.1
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 36.1 60 -35 3.1 -1.1
QQQ Invesco QQQ Trust 36.1 20 5 3.4 -0.8
QQQM Invesco NASDAQ 100 ETF 36.1 15 10 3.5 -0.7
IETC iShares Evolved U.S. Technology ETF 36.1 18 7 3.4 -0.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 36.0 30 -5 5.0 +0.8
QLC FlexShares US Quality Large Cap Index Fund 36.0 32 -7 4.4 +0.2
IGM iShares Expanded Tech Sector ETF 35.6 46 -21 3.3 -1.0
TMFC Motley Fool 100 Index ETF 35.6 50 -25 3.0 -1.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 35.3 25 0 4.9 +0.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 35.3 25 0 5.7 +1.5
URTH iShares MSCI World ETF 35.2 24 1 5.0 +0.7
DTD WisdomTree U.S.Total Dividend Fund 35.1 28 -3 6.2 +2.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 35.0 21 4 2.8 -1.4

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:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 18.4 %
Divided by: Fwd. P/BV 4.1 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 4.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 CATEGORY
AVERAGE
1.49
 
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.