BlackRock Unveils New Reduced Carbon Utilities ETF in Europe

From Yahoo Finance: 2025-05-13 15:45:00

BlackRock Inc. (BLK) expands its ETF range with a global advanced utilities strategy. The iShares MSCI World Utilities Sector Advanced UCITS ETF (WUTS) debuts on Euronext Amsterdam with a TER of 0.18%. Available in multiple European countries, WUTS tracks the MSCI World Utilities Advanced Select 20 35 Capped index.

The index enhances exposure to positive ESG factors and reduces carbon emissions. It caps individual securities’ weight to promote diversification and risk management. WUTS’s underlying index has slightly underperformed the MSCI World Utilities index over the past decade.

BlackRock also introduced a 3% capped weighted S&P 500 strategy, limiting individual company weights. The article was first published on ETF Stream, a sister publication of etf.com.

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