ESML
iShares ESG Aware MSCI USA Small-Cap ETF
📎 Investment Objective
The iShares ESG Aware MSCI USA Small-Cap ETF (ESML) seeks to track the investment results of an index composed of small-capitalization U.S. companies that have been selected and weighted based on environmental, social and governance (ESG) criteria.
Overview
ETF tracking iShares ESG Aware MSCI USA Small-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares ESG Aware MSCI USA Small-Cap ETF (ESML) seeks to track the investment results of an index composed of small-capitalization U.S. companies that have been selected and weighted based on environmental, social and governance (ESG) criteria.
🎯 Investment Strategy
ESML seeks to track the MSCI USA Small Cap Extended ESG Focus Index, which is designed to provide exposure to U.S. small-cap companies with high ESG ratings relative to their sector peers, while exhibiting risk and return characteristics similar to those of the parent MSCI USA Small Cap Index.
✨ Key Features
- Focuses on small-cap U.S. companies with strong ESG characteristics
- Tracks an index that aims to maintain risk and return similar to the broader small-cap market
- Utilizes an ESG screening process to select and weight constituent companies
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Potential for underperformance compared to the broader small-cap market if ESG-focused stocks underperform
- Concentration in small-cap stocks, which can be more volatile than large-cap stocks
- Reliance on the index provider's ESG evaluation methodology
- Lack of long-term performance history for the fund
👤 Best For
ESML may be suitable for investors seeking exposure to U.S. small-cap stocks with a focus on environmental, social, and governance factors. It could be a component of a diversified portfolio for investors with a long-term investment horizon and a moderate to high risk tolerance.