iShares ESG MSCI USA Leaders ETF
ALTAR
Score™
5.3% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
23.5x P/Sales
ratio
2.9x
P/BV
ratio
4.0x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SUSL tracks an index of US large- and midcap firms. The cap-weighted index excludes some industries and selects firms based on high ESG ratings.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date May 07, 2019
Assets (mns) $2,424
Currency USD
Expense ratio 10 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 286
Wgt avg mkt cap (mns) $332,032
Large cap (>$10bn) 97.6%
Mid cap ($2-10bn) 2.4%
Small cap (<$2bn) 0.0%
Developed mkts 99.7%
Emerging mkts 0.3%

TOP TEN HOLDINGS
MICROSOFT CORP 10.1 %
ALPHABET INC. CLASS C 3.0 %
ALPHABET INC. CLASS A 3.0 %
JOHNSON & JOHNSON 2.7 %
PROCTER & GAMBLE CO/THE 2.4 %
VISA INC-CLASS A SHARES 2.3 %
NVIDIA CORP 2.1 %
MASTERCARD INC-CLASS A 2.0 %
HOME DEPOT INC 2.0 %
TESLA MOTORS INC 2.0 %
Total 31.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.7 %
IRELAND 2.1 %
BRITAIN 1.8 %
SWITZERLAND 0.5 %
ARGENTINA 0.3 %
BERMUDA 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
9.8% 21.4% -- -- 23.5%

Market Correlations
versus... Beta R-squared
S&P500 0.97 99%
MSCI EAFE 0.95 90%
MSCI Emg. Mkts. 0.68 71%

Technical Indicators
Recent close $57.04
30d moving avg. $58.78
Annualized volatility 20.7%
Short interest (ETF) 0.1%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.0%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $5,959

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: SUSL Expense: 10 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SUSL
Ticker Fund
Name
Overlap1
vs SUSL
(%)
Expense
ratio
(bp)
Savings
vs SUSL
(bp)
ALTAR
Score™
(%)
ALTAR
vs SUSL
(%)
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 99.2 10 0 5.3 0.0
DSI iShares MSCI KLD 400 Social ETF 83.4 25 -15 5.1 -0.2
NULC Nuveen ESG Large-Cap ETF 61.6 20 -10 5.1 -0.3
IQSU IQ Candriam ESG US Equity ETF 61.1 9 1 6.2 +0.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 60.3 49 -39 5.7 +0.4
ESGU iShares MSCI USA ESG Optimized ETF 56.1 15 -5 5.8 +0.5
SNPE Xtrackers S&P 500 ESG ETF 55.0 10 0 6.0 +0.7
WOMN Impact Shares YWCA Women's Empowerment ETF 54.6 75 -65 5.1 -0.2
VOOG Vanguard S&P 500 Growth ETF 53.8 10 0 5.8 +0.5
QUS SPDR MSCI USA StrategicFactors ETF 52.6 15 -5 6.2 +0.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 52.5 20 -10 5.7 +0.4
IVW iShares S&P 500 Growth ETF 52.4 18 -8 5.7 +0.4
NACP Impact Shares NAACP Minority Empowerment ETF 52.4 75 -65 5.7 +0.4
SUSA iShares MSCI USA ESG Select ETF 52.0 25 -15 5.4 +0.0
ESGV Vanguard ESG U.S. Stock ETF 51.8 12 -2 5.9 +0.6
ESG FlexShares STOXX US ESG Impact Index Fund 51.7 32 -22 5.7 +0.4
SPYG SPDR Portfolio S&P 500 Growth ETF 51.5 4 6 5.9 +0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 51.1 0 10 6.0 +0.7
IWL iShares Russell Top 200 ETF 51.1 15 -5 5.8 +0.5
MGC Vanguard Mega Cap Index Fund 51.0 7 3 6.0 +0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 50.8 20 -10 6.1 +0.8
SPY SPDR S&P 500 ETF Trust 50.8 9 1 6.1 +0.7
PBP Invesco S&P 500 BuyWrite ETF 50.7 49 -39 5.7 +0.3
XYLG Global X S&P 500 Covered Call & Growth ETF 50.5 60 -50 5.7 +0.4
SPXV ProShares S&P 500 Ex-Health Care ETF 50.5 27 -17 5.8 +0.5
SPXN ProShares S&P 500 Ex-Financials ETF 50.4 27 -17 5.8 +0.5
SPXE ProShares S&P 500 Ex-Energy ETF 50.3 27 -17 6.1 +0.7
SPLG SPDR Portfolio Large Cap ETF 50.3 3 7 6.1 +0.8
HSPX Global X S&P 500 Covered Call ETF 50.2 60 -50 5.5 +0.2
MGK Vanguard Mega Cap Growth ETF 50.2 7 3 6.2 +0.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 50.1 7 3 6.0 +0.7
CATH Global X S&P 500 Catholic Values Custom ETF 50.0 29 -19 5.9 +0.6
VOO VANGUARD S&P 500 ETF 50.0 3 7 6.1 +0.8
IVV iShares Core S&P 500 ETF 50.0 3 7 6.1 +0.8
IUSG iShares Core S&P US Growth ETF 50.0 4 6 5.8 +0.5
PBUS Invesco PureBeta MSCI USA ETF 49.6 4 6 6.0 +0.7
IWY iShares Russell Top 200 Growth ETF 49.5 20 -10 6.1 +0.8
XOUT GraniteShares XOUT U.S. Large Cap ETF 49.3 60 -50 5.4 +0.1
SPXT ProShares S&P 500 Ex-Technology ETF 49.2 27 -17 5.6 +0.3
OEF iShares S&P 100 ETF 49.0 20 -10 5.9 +0.6
SCHX Schwab U.S. Large-Cap ETF 48.9 3 7 5.9 +0.6
XLG Invesco S&P 500 Top 50 ETF 48.7 20 -10 5.9 +0.6
DLN WisdomTree U.S. LargeCap Dividend Fund 48.6 28 -18 7.1 +1.7
VV Vanguard Large-Cap Index Fund 48.6 4 6 5.9 +0.6
VEGN US Vegan Climate ETF 48.3 60 -50 5.8 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 48.3 8 2 7.2 +1.9
JQUA JPMorgan U.S. Quality Factor ETF 48.2 12 -2 5.7 +0.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 48.1 12 -2 6.2 +0.9
VUG Vanguard Growth Index Fund 47.8 4 6 5.6 +0.3
IWF iShares Russell 1000 Growth ETF 47.5 19 -9 5.6 +0.3
SCHK Schwab 1000 Index ETF 47.3 5 5 5.9 +0.6
SPTM SPDR Portfolio Total Stock Market ETF 47.3 3 7 6.2 +0.9
IWB iShares Russell 1000 ETF 47.0 15 -5 5.7 +0.4
IYY iShares Dow Jones U.S. ETF 47.0 20 -10 5.8 +0.4
JHML John Hancock Multifactor Large Cap ETF 46.8 29 -19 6.0 +0.7
RAFE PIMCO RAFI ESG U.S. ETF 46.8 29 -19 7.7 +2.4
DIVB iShares U.S. Dividend & Buyback ETF 46.4 25 -15 7.3 +1.9
DTD WisdomTree U.S.Total Dividend Fund 46.2 28 -18 7.2 +1.9
VONE Vanguard Russell 1000 ETF 46.2 8 2 5.8 +0.5
RECS Columbia Research Enhanced Core ETF 46.1 15 -5 6.6 +1.2
DGRO iShares Core Dividend Growth ETF 46.1 8 2 7.0 +1.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 46.0 30 -20 6.7 +1.4
IWD iShares Russell 1000 Value ETF 46.0 19 -9 7.0 +1.7
VONG Vanguard Russell 1000 Growth Index Fund 46.0 8 2 5.7 +0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 45.9 2 8 6.0 +0.7
VONV Vanguard Russell 1000 Value Index Fund 45.9 8 2 7.1 +1.8
TMFC Motley Fool 100 Index ETF 45.5 50 -40 5.2 -0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 45.2 9 1 6.2 +0.9
VTHR Vanguard Russell 3000 Index Fund 45.1 10 0 5.7 +0.3
SCHB Schwab U.S. Broad Market ETF 45.0 3 7 5.8 +0.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 44.9 3 7 5.8 +0.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 44.4 19 -9 6.8 +1.4
IWV iShares Russell 3000 ETF 44.4 20 -10 5.6 +0.3
SCHV Schwab U.S. Large-Cap Value ETF 44.3 4 6 7.3 +1.9
SFY SoFi Select 500 ETF 43.4 0 10 5.6 +0.3
VTI Vanguard Total Stock Market Index Fund 42.6 3 7 5.7 +0.4
FQAL Fidelity Quality Factor ETF 42.4 29 -19 6.3 +0.9
VOOV Vanguard S&P 500 Value ETF 42.3 10 0 7.4 +2.1
VTV Vanguard Value Index Fund 42.2 4 6 7.5 +2.2
IVE iShares S&P 500 Value ETF 42.0 18 -8 7.4 +2.0
SPYV SPDR Portfolio S&P 500 Value ETF 41.9 4 6 7.5 +2.2
AVUS Avantis U.S. Equity ETF 41.5 15 -5 6.2 +0.9
FDLO Fidelity Low Volatility Factor ETF 41.4 29 -19 5.2 -0.1
FLQL Franklin LibertyQ U.S. Equity ETF 41.2 15 -5 6.3 +1.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 41.1 29 -19 6.4 +1.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 40.8 25 -15 7.4 +2.1
SCHG Schwab U.S. Large-Cap Growth ETF 40.8 4 6 5.5 +0.2
IUSV iShares Core S&P U.S. Value ETF 40.6 4 6 7.6 +2.3
PFM Invesco Dividend Achievers ETF 40.5 53 -43 5.4 +0.1
IUS Invesco Strategic US ETF 39.9 19 -9 7.1 +1.8
PRF Invesco FTSE RAFI US 1000 ETF 39.8 39 -29 7.4 +2.0
EXT WisdomTree U.S. Total Earnings Fund 39.2 28 -18 6.1 +0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 38.5 25 -15 7.4 +2.1
IWX iShares Russell Top 200 Value ETF 38.4 20 -10 6.9 +1.6
QUAL iShares MSCI Usa Quality Factor ETF 37.9 15 -5 6.0 +0.6
VYM Vanguard High Dividend Yield Index ETF 37.1 6 4 7.6 +2.3
IETC iShares Evolved U.S. Technology ETF 37.1 18 -8 5.9 +0.6
KRMA Global X Conscious Companies ETF 37.0 43 -33 5.9 +0.5
USDY Pacific Global US Equity Income ETF 36.7 29 -19 7.2 +1.9
ECOZ TrueMark ESG Active Opportunities ETF 36.6 58 -48 4.3 -1.0

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 ESG MSCI USA Leaders 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 19.9 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 10 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.44 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.