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Launched

iShares Climate Conscious & Transition MSCI USA ETF

USCLNasdaqiSharesA

$84.66−0.49 (−0.57%)

At close: Nov 2, 2026, 4:00 PM ET

A73/ 100

Rank 8 of 48 in US ESG & Values Index

A73/100Rank 8 of 48inUS ESG & Values Index
Intraday session: down, 79 prints from 85.15 to 84.66. Range 84.66 to 86.06. Use the arrow keys to read each point.85.5085.7586.0010 AM12 PM2 PM4 PM
Expense ratio
0.08%
Fund size
$2.77B
1Y total return
+6.7%
Yield · Last 12 months
1.07%
Holdings
394
Avg volume · 30D
13.1K sh
52W range
low $72.13high $88.50
Launched

The ETF.net USCL Grade

Based on 5 of 6 pillars

A

Score 73 out of 100

Category
US ESG & Values Index⁠
Rank
8 of 48
Six-pillar profile for USCL. Scores out of 100: Cost 99, Risk 52, Mission not scored, Tradability 70, Holdings 35, Durability 70. Strongest: Cost (99). Weakest: Holdings (35). Based on 5 of 6 pillars.

Score 73 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A99 out of 100
    Rank 1 of 48

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C52 out of 100
    Rank 21 of 48

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 10 of 48

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D35 out of 100
    Rank 40 of 48

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A70 out of 100
    Rank 12 of 48

Our read on USCL

ETF.net Research

In short

AMost ESG index funds work by exclusion. USCL scores roughly 400 US large and mid caps on where they're heading instead: emissions intensity, reduction targets, green revenue. And it charges 0.08% a year to do it.

Stated mandate

The Fund seeks to track an index of U.S. large- and mid-capitalization companies selected for their relative positioning on the transition to a low-carbon economy, using climate-related measures such as emissions intensity, reduction targets, green-business revenue, and climate-risk management.

Why people hold it

  • At 0.08% a year, it matches the cheapest fund in its ESG cohort (XVV) and undercuts ESGV, SNPE, EFIV and ESGU.ishares.com
  • The index doesn't just screen out offenders. It selects on transition evidence: emissions intensity, reduction targets, green-business revenue, climate-risk management.ishares.com
  • About 400 US large and mid caps, so it reads as core equity exposure with a climate tilt, not a narrow clean-energy sector bet.
  • A multi-billion-dollar iShares fund that sticks tightly to the MSCI USA Extended Climate Action Index, one of the cleaner implementations in its peer group.

Worth knowing

  • Trading is thin for a fund this size, so spreads can widen. Limit orders are the standard tool here.
  • Climate scoring reshapes the sector and name mix, so results can diverge from a plain US large-cap index in either direction.
  • Launched in 2023, so its history is short next to the older ESG funds it competes with.

USCL Performance

Launched Jun 6, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
USCL$10,670
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. USCL $10,670. SPY $11,146. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for USCL. Periods over one year show the average yearly return.
PeriodUSCL
Year to date+7.4%
1 month−2.7%
3 months+0.9%
1 year+6.7%
3 yearsper year+20.1%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for USCL
YearReturn barUSCL
2026 YTD+7.4%
2025+14.3%
2024+27.0%
2023+12.7%

History from Jun 8, 2023

USCL in the news

USCL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
1.07%Last 12 months
Payout per share
$0.91Last 12 months
Last payment
$0.20 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 13 payments from 2023 to 2026 YTD. Sep 26, 2023 $0.22; Dec 20, 2023 $0.26; Mar 21, 2024 $0.17; Jun 11, 2024 $0.16; Sep 25, 2024 $0.22; Dec 17, 2024 $0.28; Mar 18, 2025 $0.20; Jun 16, 2025 $0.19; Sep 16, 2025 $0.22; Dec 16, 2025 $0.27; Mar 17, 2026 $0.23; Jun 15, 2026 $0.21; Sep 15, 2026 $0.20. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 15, 2026Sep 18, 2026$0.20
Jun 15, 2026Jun 18, 2026$0.21
Mar 17, 2026Mar 20, 2026$0.23
Dec 16, 2025Dec 19, 2025$0.27
Sep 16, 2025Sep 19, 2025$0.22
Jun 16, 2025Jun 20, 2025$0.19
Mar 18, 2025Mar 21, 2025$0.20
Dec 17, 2024Dec 20, 2024$0.28
Sep 25, 2024Sep 30, 2024$0.22
Jun 11, 2024Jun 17, 2024$0.16
Mar 21, 2024Mar 27, 2024$0.17
Dec 20, 2023Dec 27, 2023$0.26

See all 13 payments⁠

$10,000 in USCL 3 years ago paid $508 in dividends.⁠

USCL Risk

Risk pillarC52 out of 100Rank 21 of 48 in US ESG & Values Index
How much the fund’s monthly returns vary, scaled to a year.
12.5%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.28
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.0%
40 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.01
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

USCL Cost

Tied cheapest in US ESG & Values Index

$1,689

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • USCL 0.08%

    $1,689

$10,000
30 years

Cost over time

  • USCL 0.08%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530USCL $1,689

Year by year

YearUSCL
10$147
20$575
30$1,689

Other funds in US ESG & Values Index

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