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iShares ESG Select Screened S&P Mid-Cap ETF
📎 Investment Objective
The iShares ESG Select Screened S&P Mid-Cap ETF seeks to track the investment results of an index composed of mid-capitalization U.S. companies that have been selected and weighted based on certain environmental, social and governance (ESG) criteria.
Overview
ETF tracking iShares ESG Select Screened S&P Mid-Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares ESG Select Screened S&P Mid-Cap ETF seeks to track the investment results of an index composed of mid-capitalization U.S. companies that have been selected and weighted based on certain environmental, social and governance (ESG) criteria.
🎯 Investment Strategy
The ETF seeks to track the S&P MidCap 400 ESG Index, which is designed to measure the performance of mid-cap U.S. equities that meet certain ESG criteria. The index applies screens to exclude companies involved in certain business activities and selects and weights remaining companies based on ESG metrics.
✨ Key Features
- Focuses on mid-cap U.S. stocks with strong ESG characteristics
- Screens out companies involved in controversial business activities
- Aims to provide exposure to a diversified portfolio of mid-cap ESG leaders
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on mid-cap stocks
- Potential for underperformance relative to the broader mid-cap market if ESG factors do not outperform
- Limited performance history and assets under management
- Liquidity risk due to the relatively small size of the fund
👤 Best For
This ETF may be suitable for investors seeking exposure to mid-cap U.S. equities with a focus on environmental, social and governance factors. It could be a component of a diversified portfolio for investors with a medium to long-term time horizon and a moderate risk tolerance.