ESML
iShares ESG Aware MSCI USA Small-Cap ETF
The iShares MSCI USA Small-Cap ESG Optimized ETF tracks an index of small-cap companies with high environmental, social, and governance (ESG) factor scores as determined by MSCI.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
1.9 B
ASSETS UNDER MGMT
17 bp
EXPENSES
Fund Basics
| Fund sponsor | BlackRock |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 10, 2018 |
| Assets (mns) | $1,943 |
| Expense ratio | 17 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Principles-based |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ADVENTRX PHARMACEUTICALS INC | 0.9 % |
| FRANK'S INTERNATIONAL NV | 0.8 % |
| CASEY'S GENERAL STORES INC | 0.5 % |
| JANUS HENDERSON GROUP PLC | 0.5 % |
| US FOODS HOLDING CORP. | 0.5 % |
| CARVANA CO. CLASS A | 0.5 % |
| SPROUTS FARMERS MARKET INC | 0.4 % |
| GUIDEWIRE SOFTWARE INC | 0.4 % |
| INGREDION INC | 0.4 % |
| EAST WEST BANCORP INC | 0.4 % |
Constituent Breakdown
| Number of holdings | 907 |
| Herfindahl-Hirschman Index | 18 |
| Wgt avg mkt cap (mns) | $6,166 |
| Large cap (>$10bn) | 17.8% |
| Mid cap ($2-10bn) | 67.0% |
| Small cap (<$2bn) | 14.8% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 90.9 % |
 |
BRITAIN | 1.4 % |
 |
NETHERLANDS | 1.0 % |
 |
BERMUDA | 0.7 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 10.0% | 33.4% | 12.6% | 2.1% | 10.3% | -- | 9.1% | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.06 | 75% |
| MSCI EAFE | 1.00 | 69% |
| MSCI Emg Mkts | 0.74 | 36% |
Liquidity Measures
| Avg. volume (000) | 87 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.11% |
| ADV of underlying (mns) | $48,991 |
Technical Indicators
| Recent close | $44.46 |
| 30d moving avg. | $41.79 |
| Annualized volatility | 21.3% |
| Relative strength (RSI) | 51 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 6.7% |
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. ESML |
Expenses vs. ESML |
ALTAR Score™ vs. ESML |
|---|---|---|---|---|
| ISCB | iShares Morningstar Small-Cap ETF | 60.9% | -13 bp | +0.1% |
| DFAS | Dimensional U.S. Small Cap ETF | 53.6% | +9 bp | +0.8% |
| VB | Vanguard Small-Cap ETF | 53.1% | -12 bp | +0.3% |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 52.8% | -10 bp | +0.7% |
| SCHA | Schwab U.S. Small-Cap ETF | 48.7% | -13 bp | -0.2% |
| VXF | Vanguard Extended Market ETF | 47.2% | -11 bp | -1.2% |
| ISCG | iShares Morningstar Small-Cap Growth ETF | 46.0% | -11 bp | -2.4% |
| ISCV | iShares Morningstar Small Cap Value ETF | 44.8% | -11 bp | +2.5% |
| EZM | WisdomTree U.S. MidCap Fund | 43.8% | +21 bp | +2.6% |
| VBR | Vanguard Small Cap Value ETF | 43.4% | -10 bp | +3.1% |
Risk and Returns: ESML 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 11/21/2024
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
ESML
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 Rating
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.
ALTAR Score™
ESML
4.6%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. ESML's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places ESML in the 37th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ESMLSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| ESML (17 bp) Percentile rank | 19 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ESML | 17.0 | 11.0 | 28 |
| Peer Avg. | 29.7 | 13.9 | 43.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .