DMXF vs ESGD: Grades, Fees and Holdings Compared

iShares ESG Advanced MSCI EAFE ETF

DMXFANasdaq

iShares ESG Aware MSCI EAFE ETF

ESGDANasdaq

Overlap

47.9%by weight

Expense ratio

DMXF −0.08pt a year

DMXF0.12%ESGD0.20%

Avg volume · 30D

ESGD 4.1×the volume

DMXF75.7KESGD309K

5Y return · a year

ESGD +1.5pt

DMXF+6.7%ESGD+8.2%

DMXF vs ESGD Performance

Oct 29, 2021 – Oct 30, 2026

+38.6%DMXF+48.2%ESGD

Expense ratio: DMXF 0.12%, better; ESGD 0.20%
Fund size: DMXF $1.04B; ESGD $11.8B
1Y total return: DMXF +14.0%, better; ESGD +13.0%
Yield (12M): DMXF 4.22%, better; ESGD 3.33%
Holdings: DMXF 408; ESGD 349
Avg volume (30D): DMXF 75.7K sh; ESGD 309K sh, better
NAV per share: DMXF $83.48; ESGD $102.56
52W range

ETF.net Grade

Pillar letters and Scores for DMXF, ESGD, with each pillar’s weight
Pillar	DMXF	ESGD
Cost30% weight	A88Higher	B68
Mission25% weight	A100	A100
Risk15% weight	D36	B55Higher
Tradability15% weight	A74	A91Higher
Holdings10% weight	C45	A77Higher
Durability5% weight	A76	A95Higher

Rank among International ESG & Values Index funds

How we build Categories ›

Same Category. DMXF and ESGD are both graded against the same 18 International ESG & Values Index funds, so their Grades compare head to head.

International ESG & Values Index⁠

Category · 18 funds

See all 18 ›

ESGD ranks 2nd and DMXF 3rd of 18 funds in the International ESG & Values Index Category.

Rank 1AVSGXVanguard ESG International Stock ETFScore 82
Rank 2AESGDiShares ESG Aware MSCI EAFE ETFScore 79
Rank 3ADMXFiShares ESG Advanced MSCI EAFE ETFScore 76
Rank 4AFEDMNorthern Trust ESG & Climate Developed Markets ex-US Core ETFScore 72

Our read on each fund

ETF.net Research

DMXFAiShares ESG Advanced MSCI EAFE ETF

ESGDAiShares ESG Aware MSCI EAFE ETF

In short

DMXF The strict one. Where iShares' ESG Aware EAFE fund screens five controversial businesses, DMXF screens fourteen, including the whole energy sector, and charges less than its lighter-screened sibling to do it.

ESGD The plain-vanilla international index fund, ESG-screened. Roughly 400 developed-market stocks from outside the US and Canada, tracking an MSCI EAFE ESG Focus index since 2016, for 0.20% a year.

Stated mandate

DMXF The fund seeks to track an index of developed-market equities outside the United States and Canada, while incorporating positive environmental, social, and governance characteristics.

ESGD The fund seeks to track an index of international developed-market stocks outside the United States and Canada that have positive aggregate environmental, social, and governance characteristics.

Why people hold it

DMXF 0.12% a year, roughly half the typical fee among international ESG funds, and cheaper than the softer-screened iShares sibling ESGD at 0.20%.ishares.com
Fourteen business-involvement screens: fossil fuels, nuclear power and weapons, GMOs, palm oil, for-profit prisons, predatory lending, gambling, tobacco and more.ishares.com
The fossil fuel screen is categorical, not cosmetic: the index drops the entire GICS energy sector plus companies with industry ties such as thermal coal.blackrock.com
Sticks tightly to its MSCI EAFE Choice ESG Screened index, one of the stronger implementations among international ESG funds.

ESGD Costs 0.20% a year, below the typical fee in its international ESG peer group.
Roughly 400 stocks spanning developed markets outside the US and Canada: broad-market coverage, not a narrow thematic bet.ishares.com
Tracks the MSCI EAFE Extended ESG Focus Index, keeping the familiar developed-markets shape while tilting toward companies with better aggregate ESG characteristics.ishares.com
A multi-billion-dollar fund trading since 2016, and one of the sturdier builds in its peer group.

Worth knowing

DMXF Deep exclusions mean real drift from plain EAFE. Sibling ESGD is built to keep risk and return close to the parent index; DMXF is not.ishares.com ishares.com 2
About 400 stocks, a narrower slate than the unscreened parent index, so individual names and surviving sectors carry more weight.
Mid-sized and moderately traded rather than a category heavyweight, and distributions arrive once or twice a year rather than quarterly.

ESGD Cheaper tickets exist on the same shelf: VSGX at 0.10%, iShares' own DMXF at 0.12%. The fee here buys scale, not the lowest sticker.
The ESG screen leaves holdings different from a plain EAFE fund, so results can drift from the unscreened index in either direction.
Moderately traded rather than one of the busiest tapes in the category, and distributions land once or twice a year rather than monthly.

Full DMXF profile⁠

Full ESGD profile⁠

DMXF vs ESGD Holdings

How DMXF and ESGD differ

Overlap by weight

47.9%

Shared holdings make up 75.7% of DMXF and 56.6% of ESGD.

Level by level

Holdings205 in both47.9%
Sector11 Sectors81.1%
Countryby domicile84.4%
Asset classEquity100%

Sector

Sector weights in DMXF and ESGD, widest gap first
Sector	More in DMXFMore in ESGD	DMXF	ESGD
Technology	DMXF +8.5 points	19.5%	11.0%
Financials	DMXF +6.8 points	33.2%	26.4%
Energy	ESGD +4.3 points	0.0%	4.3%
Consumer Staples	ESGD +4.3 points	2.4%	6.7%
Industrials	ESGD +3.7 points	14.9%	18.6%
Consumer Discretionary	ESGD +3.1 points	4.7%	7.8%
Utilities	ESGD +3.1 points	0.7%	3.8%
Communication	DMXF +2.1 points	5.7%	3.6%
Real Estate	DMXF +1.0 points	2.7%	1.7%
Materials	ESGD +0.6 points	5.0%	5.6%
Health Care	DMXF +0.5 points	11.1%	10.6%

Country, concentration and asset class

Country by domicile

Country weights in DMXF and ESGD, widest gap first
Country	More in DMXFMore in ESGD	DMXF	ESGD
United Kingdom	ESGD +8.5 points	5.9%	14.4%
Japan	DMXF +6.3 points	31.0%	24.7%
Netherlands	DMXF +4.7 points	10.8%	6.1%
Spain	ESGD +2.6 points	1.7%	4.3%
Norway	ESGD +1.4 points	0.0%	1.4%
Israel	DMXF +1.3 points	1.3%	0.0%
France	ESGD +1.2 points	7.6%	8.8%
Singapore	DMXF +1.0 points	2.7%	1.7%
Other countries (9)	DMXF +0.3 points	39.0%	38.7%

Outside the US: DMXF 99% developed, 1% emerging. ESGD 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

DMXF22.3%
ESGD14.4%

Securities held

DMXF393
ESGD332

Asset class

DMXF: Equity
ESGD: Equity

Holdings

Only in DMXF188
In both205
Only in ESGD127

Only in DMXF

188 securities, 24.1% of DMXF by weight

Investor Class B0.70%
Nordea Bank0.50%
Softbank0.40%
Sandoz Group AG0.39%
MS&AD Insurance Group Holdings0.37%
Assa Abloy B0.36%
Goodman Group Units0.35%
Genmab0.32%
Japan Post Bank Ltd0.32%
Ntt0.31%
Bank Leumi Le Israel0.30%
Swiss Life Holding AG0.30%
Skandinaviska Enskilda Banken0.28%
Orange SA0.28%
Abn Amro Bank NV0.25%
Ferrovial NV0.25%
Publicis Groupe0.24%
Mitsubishi Estate Co Ltd0.24%
Kyocera0.24%
Mitsui Fudosan0.23%
Aercap Holdings0.23%
Adyen0.23%
Techtronic Industries0.23%
Novozymes B0.23%
Canon0.22%
Intercontinental Hotels Group PLC0.22%
Japan Post Holdings Ltd0.22%
Aena Sme SA0.21%
Coca Cola Europacific Partners PLC0.21%
Banca Monte Dei Paschi Di Siena Sp0.21%
Geberit AG0.21%
Fresenius N0.21%
Smc (Japan) Corp0.21%
Kao0.20%
Swisscom AG0.20%
Capgemini0.20%
Helvetia Baloise Holding N AG0.20%
Svenska Handelsbanken-A Shs0.20%
Daimler Truck Holding E AG0.20%
Suzuki Motor0.19%
Poste Italiane0.19%
Bper Banca0.19%
Terumo0.19%
Bandai Namco Holdings Inc0.19%
Hannover Rueck0.18%
Kone0.18%
Dsm Firmenich AG0.18%
Denso0.18%
Julius Baer Gruppe AG0.18%
Lasertec0.17%

Only in ESGD

127 securities, 43.4% of ESGD by weight

Hsbc Holdings PLC1.36%
Roche Ps Par AG1.33%
Shell1.21%
Astrazeneca PLC1.15%
Nestle SA1.15%
Siemens N AG1.11%
Toyota Motor1.04%
Totalenergies0.95%
Intesa Sanpaolo0.92%
Bhp Group Ltd0.89%
Sony Group0.86%
Iberdrola0.84%
Unilever PLC0.81%
Itochu0.78%
Hitachi0.74%
National Grid PLC0.70%
Bnp Paribas SA0.68%
Ubs Group AG0.63%
Rolls-Royce Holdings PLC0.57%
Banco Bilbao Vizcaya Argentaria0.57%
Bae Systems PLC0.55%
Novo Nordisk Class B0.53%
Loreal SA0.53%
National Australia Bank0.52%
Bridgestone0.52%
Unicredit0.49%
Banco Santander0.47%
Sanofi SA0.47%
Diageo PLC0.46%
Takeda Pharmaceutical0.42%
Kioxia Holdings0.42%
Glaxosmithkline0.42%
Siemens Energy N AG0.41%
Lvmh0.41%
Bp PLC0.40%
Lloyds Banking Group PLC0.40%
Barclays PLC0.38%
Mitsubishi0.38%
Sse PLC0.38%
Fast Retailing0.37%
Anheuser-Busch Inbev SA0.37%
Marubeni0.36%
Danone SA0.36%
Eneos Holdings0.36%
Muenchener Rueckversicherungs-Gese0.35%
Airbus Group0.34%
Deutsche Bank AG0.32%
Panasonic Holdings0.31%
Holcim Ltd AG0.30%
Aristocrat Leisure0.29%

Weight gaps

The 100 widest of 205 Holdings in both funds.

Holding weights in DMXF and ESGD, widest gap first
Holding	More in DMXFMore in ESGD	DMXF	ESGD
Asml Holding	DMXF +2.68 points	5.72%	3.04%
Mitsubishi Ufj Financial Group	DMXF +1.33 points	2.19%	0.86%
Novartis AG	DMXF +1.15 points	2.78%	1.63%
Lair Liquide Societe Anonyme Pour	DMXF +1.03 points	1.18%	0.15%
Sap	DMXF +0.90 points	2.23%	1.33%
Advantest	DMXF +0.80 points	1.52%	0.72%
Commonwealth Bank of Australia	DMXF +0.76 points	1.83%	1.07%
Recruit Holdings Ltd	DMXF +0.74 points	1.51%	0.77%
Allianz	DMXF +0.69 points	1.74%	1.05%
Schneider Electric	DMXF +0.67 points	1.36%	0.69%
Keyence	DMXF +0.57 points	0.87%	0.30%
Sumitomo Mitsui Financial Group	DMXF +0.55 points	1.40%	0.85%
Spotify TechnologySPOT	DMXF +0.53 points	0.81%	0.28%
Tokyo Electron	DMXF +0.51 points	1.25%	0.74%
Softbank Group Corp	DMXF +0.47 points	0.99%	0.52%
Mizuho Financial Group	DMXF +0.46 points	1.07%	0.61%
Tokio Marine Holdings	DMXF +0.42 points	0.92%	0.50%
Dbs Group Holdings Ltd	DMXF +0.41 points	1.10%	0.69%
Compass Group PLCCPG.L	DMXF +0.40 points	0.54%	0.14%
Westpac Banking Corporation	DMXF +0.39 points	0.83%	0.44%
Aia Group	DMXF +0.38 points	0.94%	0.56%
Oversea-Chinese Banking	DMXF +0.38 points	0.70%	0.32%
Csl	DMXF +0.37 points	0.63%	0.26%
Shin Etsu Chemical	DMXF +0.37 points	0.58%	0.21%
Argenx	DMXF +0.36 points	0.53%	0.17%
Ferrari	DMXF +0.35 points	0.45%	0.10%
Zurich Insurance Group AG	DMXF +0.34 points	1.05%	0.71%
Nintendo	DMXF +0.33 points	0.54%	0.21%
Macquarie Group Ltd Def	DMXF +0.32 points	0.61%	0.29%
Infineon Technologies AG	DMXF +0.32 points	0.69%	0.37%
Murata Manufacturing	DMXF +0.31 points	0.61%	0.30%
Abb Ltd	DMXF +0.31 points	1.25%	0.94%
Henkel AG	ESGD +0.30 points	0.07%	0.37%
Telia Company	ESGD +0.29 points	0.11%	0.40%
Essilorluxottica SA	DMXF +0.29 points	0.56%	0.27%
Deutsche Boerse AG	DMXF +0.29 points	0.62%	0.33%
Galderma Group N AG	DMXF +0.27 points	0.40%	0.13%
Ana Holdings	ESGD +0.26 points	0.03%	0.29%
Smiths Group PLCSMIN.L	ESGD +0.26 points	0.10%	0.36%
Daiwa Securities Group Inc	ESGD +0.26 points	0.14%	0.40%
Haleon PLCHLN.L	DMXF +0.25 points	0.35%	0.10%
Hermes International	DMXF +0.25 points	0.47%	0.22%
Relx PLCREL.L	DMXF +0.25 points	0.66%	0.41%
Prosus NV Class N	DMXF +0.24 points	0.43%	0.19%
Legrand SA	DMXF +0.24 points	0.35%	0.11%
Erste Group Bank AG	DMXF +0.22 points	0.35%	0.13%
Svenska Cellulosa B	ESGD +0.22 points	0.07%	0.29%
Ing Groep	DMXF +0.22 points	0.85%	0.63%
Koninklijke Kpn NV	ESGD +0.22 points	0.17%	0.39%
Boliden	ESGD +0.20 points	0.14%	0.34%
United Overseas Bank	DMXF +0.21 points	0.36%	0.16%
Prudential PLCPRU.L	DMXF +0.20 points	0.29%	0.09%
Fujikura	DMXF +0.20 points	0.35%	0.15%
Otsuka Holdings	DMXF +0.20 points	0.30%	0.10%
Tdk	DMXF +0.19 points	0.29%	0.10%
Yamaha Motor	ESGD +0.18 points	0.09%	0.27%
Kesko Class B	ESGD +0.18 points	0.07%	0.25%
Swiss Prime Site AG	ESGD +0.18 points	0.11%	0.29%
Getlink	ESGD +0.17 points	0.05%	0.22%
Secom	ESGD +0.17 points	0.16%	0.33%
Sompo Holdings	DMXF +0.17 points	0.34%	0.17%
London Stock Exchange Group PLCLSEG.L	DMXF +0.17 points	0.53%	0.36%
Rexel SA	ESGD +0.16 points	0.08%	0.24%
Eiffage SA	ESGD +0.16 points	0.07%	0.23%
Resona Holdings	DMXF +0.16 points	0.28%	0.12%
Sekisui House	ESGD +0.16 points	0.12%	0.28%
Sino Land Ltd	ESGD +0.16 points	0.06%	0.22%
Informa PLCINF.L	ESGD +0.15 points	0.14%	0.29%
Kingfisher PLCKGF.L	ESGD +0.15 points	0.07%	0.22%
Unibail Rodamco We Stapled Units	ESGD +0.15 points	0.10%	0.25%
Orkla	ESGD +0.15 points	0.07%	0.22%
Kerry Group PLC	ESGD +0.14 points	0.17%	0.31%
Nebius NV Class ANBIS	DMXF +0.15 points	0.29%	0.14%
Sumitomo Mitsui Trust Group	DMXF +0.15 points	0.25%	0.10%
Merck	ESGD +0.14 points	0.20%	0.35%
Asm International NV	DMXF +0.14 points	0.36%	0.22%
Ucb SA	DMXF +0.14 points	0.36%	0.22%
Transurban Group Stapled Units	ESGD +0.14 points	0.28%	0.42%
Swiss Re AG	DMXF +0.13 points	0.49%	0.36%
Nokia	DMXF +0.14 points	0.41%	0.27%
Commerzbank AG	DMXF +0.13 points	0.23%	0.10%
Akzo Nobel NV	ESGD +0.14 points	0.09%	0.23%
Chugai Pharmaceutical Ltd	DMXF +0.12 points	0.27%	0.15%
Mowi	ESGD +0.13 points	0.10%	0.23%
Bank Hapoalim Bm	ESGD +0.13 points	0.25%	0.38%
Acciona	ESGD +0.13 points	0.05%	0.18%
Stmicroelectronics	DMXF +0.12 points	0.27%	0.15%
Komatsu	DMXF +0.13 points	0.32%	0.19%
Ajinomoto	DMXF +0.12 points	0.26%	0.14%
Meridian Energy Ltd	ESGD +0.12 points	0.05%	0.17%
Fujifilm Holdings	DMXF +0.12 points	0.23%	0.11%
Hulic	ESGD +0.11 points	0.05%	0.16%
Asahi Kasei	ESGD +0.11 points	0.11%	0.22%
Hoya	DMXF +0.11 points	0.52%	0.41%
Renesas Electronics Corp	DMXF +0.10 points	0.29%	0.19%
Hexagon Class B	DMXF +0.11 points	0.22%	0.11%
Moncler	ESGD +0.11 points	0.10%	0.20%
Yokohama Financial Group	ESGD +0.10 points	0.09%	0.19%
Mtr Corporation	ESGD +0.10 points	0.07%	0.17%
Elisa	ESGD +0.10 points	0.05%	0.15%

All 393 DMXF holdings⁠All 330 ESGD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DMXF vs ESGD Cost

Overpaying ESGD vs DMXF

$1,635

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

DMXF 0.12%
$2,520
ESGD 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

DMXF 0.12%
ESGD 0.20%
Overpaying

Year by year

Year	DMXF	ESGD	Overpaying
10	$220	$365	$145
20	$859	$1,421	$562
30	$2,520	$4,155	$1,635

Expense ratio

0.12%DMXF, cheaper
0.20%ESGD

DMXF0.12%ESGD0.20%

0.10%0.95%

Middle half of International ESG & Values Index funds
Median 0.23%

DMXF 2nd cheapest of 18 funds

ESGD 6th cheapest of 18 funds

DMXF vs ESGD Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DMXF 4.22%, better; ESGD 3.33%
Payout (12M): DMXF $3.54; ESGD $3.42
Last payment: DMXF $1.03; ESGD $1.63
Ex-dividend: DMXF Jun 15, 2026; ESGD Jun 15, 2026
Paid on: DMXF Jun 18, 2026; ESGD Jun 18, 2026
Frequency: DMXF Twice a year; ESGD Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

DMXFTwice a year · 13 paymentsAll DMXF payments⁠

ESGDTwice a year · 20 paymentsAll ESGD payments⁠

DMXF vs ESGD Risk

Fall from peak · 5 years

DMXF
ESGD

Risk facts

VolatilityStd dev, 3 years: DMXF 12.8%ESGD 11.7%, better
Return per unit of riskSharpe ratio, 3 years: DMXF 1.06ESGD 1.18, better
Worst fallMax drawdown, 5 years: DMXF −33.7%ESGD −29.9%, better
Market sensitivityBeta, 5 years: DMXF 0.86ESGD 0.80; Market = 1

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