Key stats
About iShares Climate Conscious & Transition MSCI USA ETF
Home page
Inception date
Jun 6, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
USCL targets US companies that are better positioned relative to their sector peers in terms of low carbon transition. Starting with the MSCI USA Index (parent index), the fund applies various exclusionary screens removing firms involved in controversial business activities, very severe ESG controversies, high emissions intensity, and are in the worst quartile of their respective GICS sector. The initial GHG Intensity Score assigned to each remaining security can improve depending on the firms emissions reduction target, credible track record, climate risk management, or green revenue. Lastly, based on the best GHG Intensity Score and highest market capitalization, stocks are selected until around 50% of the securities from each GICS sector in the parent index is reached. Portfolio weights are renormalized to 100%, subject to constraints. The index is reconstituted and rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Electronic Technology
Stocks99.63%
Technology Services29.54%
Finance15.43%
Electronic Technology10.13%
Health Technology9.32%
Retail Trade7.75%
Consumer Non-Durables3.92%
Consumer Services3.85%
Producer Manufacturing3.10%
Consumer Durables2.74%
Energy Minerals2.69%
Utilities2.22%
Transportation1.83%
Commercial Services1.44%
Industrial Services1.36%
Communications1.36%
Health Services1.21%
Process Industries0.89%
Non-Energy Minerals0.61%
Distribution Services0.26%
Bonds, Cash & Other0.37%
Mutual fund0.34%
Cash0.04%
Stock breakdown by region
North America97.67%
Europe2.02%
Latin America0.31%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
USCL invests in stocks. The fund's major sectors are Technology Services, with 29.54% stocks, and Finance, with 15.43% of the basket. The assets are mostly located in the North America region.
USCL top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 6.43% and 6.26% of the portfolio correspondingly.
USCL last dividends amounted to 0.19 USD. The quarter before, the issuer paid 0.20 USD in dividends, which shows a 2.51% decrease.
USCL assets under management is 2.37 B USD. It's risen 1.62% over the last month.
USCL fund flows account for 56.22 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, USCL pays dividends to its holders with the dividend yield of 1.25%. The last dividend (Jun 20, 2025) amounted to 0.19 USD. The dividends are paid quarterly.
USCL shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jun 6, 2023, and its management style is Passive.
USCL expense ratio is 0.08% meaning you'd have to pay 0.08% of your investment to help manage the fund.
USCL follows the MSCI USA Extended Climate Action Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
USCL invests in stocks.
USCL price has risen by 0.76% over the last month, and its yearly performance shows a 9.59% increase. See more dynamics on USCL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.90% over the last month, showed a 5.88% increase in three-month performance and has increased by 11.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.90% over the last month, showed a 5.88% increase in three-month performance and has increased by 11.41% in a year.
USCL trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.