DMXF

iShares ESG Advanced MSCI EAFE ETF

$76.51
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares ESG Advanced MSCI EAFE ETF (DMXF) seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada, that have been selected and weighted based on environmental, social and governance (ESG) criteria.

Overview

ETF tracking iShares ESG Advanced MSCI EAFE ETF

Issuer BlackRock
Inception Date 2020-06-18
Market Cap $711.5M
Average Volume N/A
Dividend Yield 2.65%
52-Week Range $59.98 - $78.22
VWAP $76.48

Performance

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Investment Summary

📎 Investment Objective

The iShares ESG Advanced MSCI EAFE ETF (DMXF) seeks to track the investment results of an index composed of large- and mid-capitalization developed market equities, excluding the U.S. and Canada, that have been selected and weighted based on environmental, social and governance (ESG) criteria.

🎯 Investment Strategy

The ETF uses a representative sampling strategy to track the MSCI EAFE ESG Focus Index, which is designed to provide exposure to companies with high ESG ratings relative to their sector peers. The fund invests in a representative sample of securities included in the underlying index to seek to achieve its investment objective.

✨ Key Features

  • Focuses on companies with high ESG ratings in developed international markets
  • Seeks to provide exposure to large- and mid-cap equities outside of the U.S. and Canada
  • Utilizes an ESG-focused index to select and weight its holdings
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to international markets, which may be subject to greater volatility and political, economic and social instability
  • Concentration in specific sectors or countries, which can increase volatility
  • Potential for underperformance compared to the broader international equity market if ESG-focused companies underperform
  • Liquidity risk due to the fund's relatively small asset size

👤 Best For

The iShares ESG Advanced MSCI EAFE ETF may be suitable for investors seeking exposure to developed international equities with a focus on companies with strong environmental, social and governance practices. It may be particularly appealing to investors with a preference for socially responsible investing or a desire to tilt their portfolio towards ESG-conscious companies.