EVUS

iShares ESG Aware MSCI USA Value ETF

$31.36
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The iShares ESG Aware MSCI USA Value ETF (EVUS) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization value stocks that have been selected and weighted based on environmental, social and governance (ESG) criteria.

Overview

ETF tracking iShares ESG Aware MSCI USA Value ETF

Category Value
Issuer BlackRock
Inception Date 2023-02-02
Market Cap $139.2M
Average Volume N/A
Dividend Yield 1.78%
52-Week Range $25.95 - $31.99
VWAP $31.43

Performance

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Investment Summary

📎 Investment Objective

The iShares ESG Aware MSCI USA Value ETF (EVUS) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization value stocks that have been selected and weighted based on environmental, social and governance (ESG) criteria.

🎯 Investment Strategy

The ETF seeks to track the MSCI USA Extended ESG Focus Index, which is designed to provide exposure to U.S. companies with high ESG ratings relative to their sector peers, while also exhibiting value characteristics. The index uses a rules-based approach to increase the weights of companies with high ESG ratings and decrease the weights of companies with low ESG ratings.

✨ Key Features

  • Focuses on U.S. large- and mid-cap value stocks with high ESG ratings
  • Tracks an index that aims to provide exposure to companies with strong ESG practices
  • Employs a rules-based approach to tilt the portfolio towards high ESG-rated companies
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on U.S. value stocks
  • Potential for underperformance compared to the broader U.S. equity market if value stocks or high ESG-rated companies underperform
  • Reliance on the index provider's ESG assessment methodology
  • Liquidity risk due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking U.S. equity exposure with a focus on value stocks that also have strong environmental, social, and governance practices. It may be particularly appealing to investors with a preference for sustainable investing. However, due to the fund's small asset size and concentration in value stocks, it may not be appropriate for all investors.