ESGD
iShares ESG Aware MSCI EAFE ETF
The iShares MSCI EAFE ESG Optimized ETF& tracks an index of developed market international companies that have been selected and weighted for positive environmental, social, and governance characteristics.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
20 bp
EXPENSES
$8.1 B
ASSETS UNDER MGMT
Fund Basics
| Fund sponsor | BlackRock |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Jun 28, 2016 |
| Assets (mns) | $8,077 |
| Expense ratio | 20 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Principles-based |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NOVO NORDISK A/S-B | 2.6 % |
| ASML HOLDING NV | 2.4 % |
| SAP AG | 1.5 % |
| ASTRAZENECA PLC | 1.4 % |
| SHELL PLC | 1.3 % |
| NESTLE SA-REG | 1.3 % |
| NOVARTIS AG | 1.3 % |
| TOYOTA MOTOR CORP | 1.2 % |
| LVMH MOET HENNESSY LOUIS VUI | 1.2 % |
| SCHNEIDER ELECTRIC SA | 1.2 % |
Constituent Breakdown
| Number of holdings | 371 |
| Herfindahl-Hirschman Index | 61 |
| Wgt avg mkt cap (mns) | $104,812 |
| Large cap (>$10bn) | 90.1% |
| Mid cap ($2-10bn) | 9.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.2% |
Country Exposure
 |
JAPAN | 23.5 % |
 |
BRITAIN | 14.6 % |
 |
FRANCE | 10.3 % |
 |
SWITZERLAND | 10.2 % |
 |
GERMANY | 8.0 % |
 |
AUSTRALIA | 7.3 % |
 |
NETHERLANDS | 5.4 % |
 |
DENMARK | 3.8 % |
 |
SWEDEN | 3.1 % |
 |
SPAIN | 2.7 % |
Historical Performance
Standardized Performance (as of 06/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 2.7% | 7.7% | 13.2% | 1.8% | 6.2% | -- | 7.3% | Volatility | 12.1% | 12.8% | 16.6% | 16.7% | 19.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.89 | 78% |
| MSCI EAFE | 1.03 | 98% |
| MSCI Emg Mkts | 0.83 | 66% |
Liquidity Measures
| Avg. volume (000) | 255 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.03% |
| ADV of underlying (mns) | $34,287 |
Technical Indicators
| Recent close | $78.65 |
| 30d moving avg. | $79.97 |
| Annualized volatility | 18.1% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ESGD |
Expenses vs. ESGD |
ALTAR Score™ vs. ESGD |
|---|---|---|---|---|
| EFA | iShares MSCI EAFE ETF | 71.8% | +15 bp | +0.1% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 69.5% | 0 bp | -0.4% |
| GSID | Goldman Sachs MarketBeta International Equity ETF | 64.5% | 0 bp | +0.2% |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 64.4% | +16 bp | +0.1% |
| IEFA | iShares Core MSCI EAFE ETF | 63.4% | -13 bp | +0.3% |
| HFXI | IQ FTSE International Equity Currency Neutral ETF | 63.3% | 0 bp | +0.4% |
| IQSI | IQ Candriam International Equity ETF | 61.2% | -5 bp | -0.1% |
| BKIE | BNY Mellon International Equity ETF | 58.6% | -16 bp | +0.4% |
| EASG | Xtrackers MSCI EAFE ESG Leaders Equity ETF | 58.3% | -6 bp | -0.6% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 57.8% | +10 bp | +0.3% |
Risk and Returns: ESGD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 7/25/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ESGD
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
ESGD
6.4%
Cat. Avg
7.2%
Fund Category: International
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 6.4% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 258 funds in the International category, with an average ALTAR Score™
of 7.2% and a standard deviation of
2.4%. ESGD's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places ESGD in the 38th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
ESGD
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| ESGD (20 bp) Percentile rank | 17 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ESGD | 20.0 | 3.2 | 23.2 |
| Peer Avg. | 33.7 | 17.7 | 51.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .