iShares ESG Aware MSCI USA ETF (ESGU) is a strong performing ETF with low expense ratio

From NASDAQ: 2024-09-02 06:20:06

The iShares ESG Aware MSCI USA ETF (ESGU) is a smart beta exchange traded fund that debuted in 2016, offering exposure to the Style Box – All Cap Growth. It follows non-market cap weighted strategies and aims to outperform the broader market.

Managed by Blackrock, ESGU has over $12.93 billion in assets and seeks to match the performance of the MSCI USA ESG Focus Index. This index comprises U.S. companies with positive ESG characteristics similar to the parent index.

With an expense ratio of 0.15%, ESGU is among the least expensive ETFs in its category. It has sector exposure primarily in Information Technology, including top holdings like Apple, Microsoft, and Nvidia.

ESGU has shown strong performance, returning about 18.66% this year and 26.11% in the last one year. With a beta of 1.02 and standard deviation of 17.92%, it offers diversification benefits with its 281 holdings.

Investors seeking ETF options in the All Cap Growth category can consider alternatives like Vanguard ESG U.S. Stock ETF (ESGV) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). ESGV has $9.21 billion in assets with a 0.09% expense ratio, while JEPQ has $15.83 billion assets with a 0.35% expense ratio.



Read more at NASDAQ: Is iShares ESG Aware MSCI USA ETF (ESGU) a Strong ETF Right Now?