DSI vs ESGU: Grades, Fees and Holdings Compared

iShares ESG MSCI KLD 400 ETF

DSIBNYSE Arca

iShares ESG Aware MSCI USA ETF

ESGUANasdaq

Overlap

55.5%by weight

Expense ratio

ESGU −0.10pt a year

DSI0.25%ESGU0.15%

Avg volume · 30D

ESGU 3.5×the volume

DSI111KESGU389K

5Y return · a year

ESGU +0.2pt

DSI+10.4%ESGU+10.6%

DSI vs ESGU Performance

Nov 2, 2021 – Nov 2, 2026

+64.1%DSI+65.5%ESGU

Expense ratio: DSI 0.25%; ESGU 0.15%, better
Fund size: DSI $5.36B; ESGU $17.8B
1Y total return: DSI +10.5%; ESGU +11.0%, better
Yield (12M): DSI 0.90%; ESGU 0.94%, better
Holdings: DSI 405; ESGU 271
Avg volume (30D): DSI 111K sh; ESGU 389K sh, better
NAV per share: DSI $142.99; ESGU $165.22
52W range

ETF.net Grade

Pillar letters and Scores for DSI, ESGU, with each pillar’s weight
Pillar	DSI	ESGU
Cost30% weight	C46	B68Higher
Mission25% weight	A97	A97
Risk15% weight	C42	C50Higher
Tradability15% weight	A77	A93Higher
Holdings10% weight	D34	B59Higher
Durability5% weight	A95	A95

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. DSI and ESGU are both graded against the same 47 US ESG & Values Index funds, so their Grades compare head to head.

US ESG & Values Index⁠

Category · 47 funds

See all 47 ›

ESGU ranks 4th and DSI 21st of 47 funds in the US ESG & Values Index Category.

Rank 1AKLMNInvesco MSCI North America Climate ETFScore 82
Rank 2AEFIVState Street SPDR S&P 500 ESG ETFScore 79
Rank 2ASNPEXtrackers S&P 500 Scored & Screened ETFScore 79
Rank 4AESGUiShares ESG Aware MSCI USA ETFScore 76
Rank 5ADFSUDimensional US Sustainability Core 1 ETFScore 74
Rank 21BCVMCCalvert US Mid-Cap Core Responsible Index ETFScore 63
Rank 21BDSIiShares ESG MSCI KLD 400 ETFScore 63
Rank 21BTOVJLens 500 Jewish Advocacy U.S. ETFScore 63

Our read on each fund

ETF.net Research

DSIBiShares ESG MSCI KLD 400 ETF

ESGUAiShares ESG Aware MSCI USA ETF

In short

DSI One of the longest-running ESG ETFs in the US. Since 2006 it has tracked MSCI's KLD 400 Social Index: about 400 American companies chosen on ESG ratings, with specified controversial businesses screened out.

ESGU Screening out companies is easy; keeping the market's shape while you do it is the hard part. ESGU's index optimizes toward stronger ESG characteristics while targeting risk and return similar to the broad MSCI USA Index.

Stated mandate

DSI The fund seeks to track an index of U.S. all-cap companies with comparatively favorable environmental, social, and governance ratings, while excluding companies involved in specified controversial activities.

ESGU Seeks to track an index of large- and mid-cap U.S. companies selected for favorable environmental, social and governance (ESG) characteristics while seeking risk/return similar to the MSCI USA Index.

Why people hold it

DSI A real screen, not a light dusting. The index selects roughly 400 US companies on comparatively favorable ESG ratings and excludes those involved in specified controversial activities.ishares.com
Launched in 2006, it has run through multiple market cycles and the whole rise and cooling of ESG investing. Very few screened equity funds have that tenure.
A multi-billion-dollar iShares fund that has stayed close to its stated index rather than drifting from the mandate, and it pays out quarterly.

ESGU Not a screen-and-drop portfolio: the index optimizes toward better ESG characteristics while targeting risk and return similar to the broad MSCI USA Index.ishares.com
0.15% a year, below the typical fund in its US ESG group, spread across roughly 300 large- and mid-cap names rather than a narrow shortlist.
Running since 2016, a multi-billion-dollar iShares fund that pays quarterly and sits in the top quartile of a crowded US ESG peer group.

Worth knowing

DSI The 0.25% expense ratio matches the group median but sits above cheaper screened rivals such as ESGV (0.09%) and XVV (0.08%).
About 400 names plus industry exclusions means real sector tilts, so it can move differently from a full US market fund for long stretches.
ESG ratings are MSCI's assessments, not fixed rules. What makes the cut can change as the index reconstitutes, so holdings turn over on someone else's judgment.

ESGU Cheaper seats in the same row: XVV at 0.08%, ESGV at 0.09%, SNPE and EFIV at 0.10%, against 0.15% here.
Market-like risk is the stated goal, so exclusions are lighter than a purist ESG fund and the holdings end up looking a lot like the broad US market.ishares.com
MSCI's ratings decide who makes the cut, so the portfolio reflects one provider's definition of ESG, not an industry standard.ishares.com

Full DSI profile⁠

Full ESGU profile⁠

DSI vs ESGU Holdings

How DSI and ESGU differ

Overlap by weight

55.5%

Shared holdings make up 88.2% of DSI and 63.3% of ESGU.

Level by level

Holdings186 in both55.5%
Sector11 Sectors94.0%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in DSI and ESGU, widest gap first
Sector	More in DSIMore in ESGU	DSI	ESGU
Technology	DSI +4.0 points	42.4%	38.4%
Energy	ESGU +1.9 points	2.1%	4.0%
Health Care	ESGU +1.7 points	8.9%	10.6%
Utilities	ESGU +0.9 points	0.9%	1.8%
Communication	DSI +1.0 points	9.5%	8.5%
Financials	ESGU +0.7 points	11.2%	11.9%
Consumer Discretionary	ESGU +0.5 points	7.6%	8.1%
Real Estate	DSI +0.4 points	2.5%	2.1%
Materials	DSI +0.4 points	2.3%	1.9%
Consumer Staples	ESGU +0.4 points	4.2%	4.6%
Industrials	DSI +0.3 points	8.5%	8.2%

Country, concentration and asset class

Country by domicile

Country weights in DSI and ESGU, widest gap first
Country	More in DSIMore in ESGU	DSI	ESGU
United States	ESGU +0.6 points	99.2%	99.8%
Other countries (5)	DSI +0.6 points	0.8%	0.2%

Concentration

Weight in the 10 largest Holdings

DSI44.1%
ESGU36.2%

Securities held

DSI402
ESGU268

Asset class

DSI: Equity
ESGU: Equity

Holdings

Only in DSI216
In both186
Only in ESGU82

Only in DSI

216 securities, 11.8% of DSI by weight

Pepsico0.54%
Charles Schwab0.42%
Chubb0.36%
Valero Energy Corp0.34%
Marriott International Class A0.25%
United Parcel Service Inc Class B0.23%
Slb0.23%
Norfolk Southern Corp0.22%
Illinois Tool Inc0.22%
Hca Healthcare0.21%
Arthur J Gallagher0.20%
Simon Property Group Reit Inc0.20%
Air Products and Chemicals0.20%
Allstate Corp0.19%
Fastenal0.17%
Truist Financial0.17%
Becton Dickinson0.16%
Paccar Inc0.15%
Westinghouse Air Brake Technologie0.14%
Roper Technologies0.13%
Nike Class B0.13%
Garmin0.13%
Vivmark Residential0.13%
Ameriprise Finance Inc0.13%
Consolidated Edison0.12%
Microchip Technology Inc0.12%
Ventas Reit0.12%
Paychex0.10%
Illumina Inc0.10%
Centene Corp0.10%
Martin Marietta Materials0.09%
M&T Bank0.09%
Huntington Bancshares Inc0.09%
Flex Ltd0.09%
Dexcom Inc0.09%
Cognizant Technology Solutions Cla0.09%
Atlassian Corp Class A0.09%
Halliburton0.09%
Northern Trust0.09%
Atmos Energy0.08%
American Water Works0.08%
Dover0.08%
On Semiconductor Corp0.08%
Quest Diagnostics Inc0.08%
Ulta Beauty Inc0.08%
Estee Lauder Inc Class A0.08%
Hp Inc0.07%
Verisk Analytics0.07%
Copart Inc0.07%
Darden Restaurants Inc0.07%

Only in ESGU

82 securities, 36.7% of ESGU by weight

Apple7.66%
Amazon.com Inc3.49%
Broadcom Inc2.29%
Meta Platforms Class A1.91%
Eli Lilly1.70%
Micron Technology1.50%
JPMorgan Chase & Co1.34%
Exxonmobil Holdings Corp0.82%
Johnson & Johnson0.81%
Costco Wholesale Corp0.65%
Goldman Sachs Group0.52%
Palantir Technologies Class A0.50%
Rtx0.48%
UnitedHealth Group0.46%
Ge Aerospace0.46%
Berkshire Hathaway Inc Class B0.46%
Nextera Energy0.41%
Bank of America0.36%
Honeywell International Inc0.36%
Williams0.36%
Ge Vernova0.35%
Citigroup0.34%
Conocophillips0.33%
Netflix0.32%
Mckesson Corp0.30%
Crowdstrike Holdings Class A0.29%
L3HARRIS Technologies0.29%
Kinder Morgan0.28%
Arista Networks0.28%
Diamondback Energy0.27%
Kla0.26%
Pfizer0.25%
Qualcomm0.25%
Thermo Fisher Scientific0.23%
Northrop Grumman Corp0.23%
AT&T0.23%
Sandisk0.23%
Us Bancorp0.21%
Caseys General Stores Inc0.20%
Occidental Petroleum Corp0.19%
Capital One Financial Corp0.18%
Uber Technologies0.17%
Wells Fargo0.17%
Amphenol Corp Class A0.17%
Howmet Aerospace0.16%
Fifth Third Bancorp0.15%
Devon Energy0.15%
Snowflake0.14%
Cloudflare Class A0.14%
Entergy Corp0.14%

Weight gaps

The 100 widest of 186 Holdings in both funds.

Holding weights in DSI and ESGU, widest gap first
Holding	More in DSIMore in ESGU	DSI	ESGU
NVIDIANVDA	DSI +6.19 points	13.44%	7.25%
MicrosoftMSFT	DSI +4.81 points	10.52%	5.71%
Alphabet Class AGOOGL	DSI +3.11 points	4.69%	1.58%
Tesla IncTSLA	DSI +1.54 points	3.27%	1.73%
Advanced Micro DevicesAMD	DSI +1.06 points	2.35%	1.29%
Alphabet Class CGOOG	DSI +0.82 points	3.71%	2.89%
Mastercard Class AMA	DSI +0.74 points	1.48%	0.74%
Visa Class AV	DSI +0.63 points	1.96%	1.33%
AbbVieABBV	DSI +0.60 points	1.49%	0.89%
Merck & Co IncMRK	DSI +0.52 points	1.05%	0.53%
Hartford Insurance GroupHIG	ESGU +0.50 points	0.10%	0.60%
Cisco Systems IncCSCO	DSI +0.49 points	1.18%	0.69%
Coca-ColaKO	DSI +0.43 points	1.04%	0.61%
Procter & GamblePG	DSI +0.41 points	1.07%	0.66%
NisourceNI	ESGU +0.41 points	0.06%	0.47%
Mcdonalds CorpMCD	DSI +0.40 points	0.52%	0.12%
Intel CorporationINTC	DSI +0.38 points	0.83%	0.45%
Texas InstrumentTXN	DSI +0.36 points	0.78%	0.42%
Amgen IncAMGN	DSI +0.36 points	0.72%	0.36%
Caterpillar IncCAT	DSI +0.34 points	0.82%	0.48%
Palo Alto NetworksPANW	DSI +0.30 points	0.85%	0.55%
Applied Material IncAMAT	DSI +0.30 points	0.88%	0.58%
OracleORCL	DSI +0.30 points	0.65%	0.35%
International Business Machines CoIBM	DSI +0.29 points	0.69%	0.40%
Lam ResearchLRCX	DSI +0.29 points	0.85%	0.56%
SterisSTE	ESGU +0.29 points	0.06%	0.35%
Walt DisneyDIS	DSI +0.28 points	0.55%	0.27%
Linde PLCLIN	DSI +0.28 points	0.68%	0.40%
Home DepotHD	DSI +0.28 points	0.94%	0.66%
Analog DevicesADI	DSI +0.25 points	0.58%	0.33%
Church and Dwight IncCHD	ESGU +0.25 points	0.07%	0.32%
Marathon PetroleumMPC	DSI +0.24 points	0.37%	0.13%
Bristol Myers SquibbBMY	DSI +0.24 points	0.36%	0.12%
WelltowerWELL	DSI +0.24 points	0.47%	0.23%
DeereDE	DSI +0.24 points	0.47%	0.23%
DanaherDHR	DSI +0.22 points	0.42%	0.20%
Exelon CorpEXC	ESGU +0.22 points	0.14%	0.36%
EcolabECL	ESGU +0.21 points	0.22%	0.43%
BlackRockBLK	DSI +0.21 points	0.48%	0.27%
MetlifeMET	ESGU +0.20 points	0.16%	0.36%
Eaton PLCETN	DSI +0.20 points	0.41%	0.21%
Cme Group Class ACME	DSI +0.19 points	0.31%	0.12%
Marvell TechnologyMRVL	DSI +0.20 points	0.48%	0.28%
Union PacificUNP	DSI +0.20 points	0.52%	0.32%
Seagate Technology Holdings PLCSTX	DSI +0.19 points	0.41%	0.22%
Morgan StanleyMS	DSI +0.18 points	0.62%	0.44%
SalesforceCRM	DSI +0.18 points	0.52%	0.34%
Parker-HannifinPH	DSI +0.18 points	0.32%	0.14%
Gilead SciencesGILD	DSI +0.18 points	0.61%	0.43%
Idexx LaboratoriesIDXX	ESGU +0.18 points	0.12%	0.30%
Quanta Services IncPWR	DSI +0.18 points	0.27%	0.09%
Dell Technologies Inc Class CDELL	DSI +0.17 points	0.36%	0.19%
MarshMRSH	DSI +0.17 points	0.28%	0.11%
NewmontNEM	DSI +0.17 points	0.32%	0.15%
CsxCSX	DSI +0.17 points	0.28%	0.11%
Kimberly ClarkKMB	ESGU +0.16 points	0.10%	0.26%
Booking HoldingsBKNG	DSI +0.16 points	0.33%	0.17%
ProgressivePGR	DSI +0.15 points	0.39%	0.24%
Phillips 66PSX	DSI +0.14 points	0.32%	0.18%
Starbucks CorpSBUX	DSI +0.15 points	0.34%	0.19%
Cummins IncCMI	ESGU +0.14 points	0.20%	0.34%
Prudential Financial IncPRU	ESGU +0.14 points	0.12%	0.26%
Crh Public Limited PLCCRH	ESGU +0.15 points	0.17%	0.32%
Raymond JamesRJF	ESGU +0.14 points	0.08%	0.22%
Bank of New York Mellon CorpBNY	ESGU +0.14 points	0.29%	0.43%
Kraft HeinzKHC	ESGU +0.14 points	0.06%	0.20%
American Tower ReitAMT	ESGU +0.14 points	0.25%	0.39%
Mondelez International Class AMDLZ	DSI +0.14 points	0.24%	0.10%
Johnson Controls International PLCJCI	DSI +0.13 points	0.26%	0.13%
Cheniere EnergyLNG	ESGU +0.13 points	0.19%	0.32%
Vertex PharmaceuticalsVRTX	DSI +0.13 points	0.41%	0.28%
Arch Capital GroupACGL	ESGU +0.13 points	0.10%	0.23%
Ww Grainger IncGWW	ESGU +0.13 points	0.17%	0.30%
General Mills IncGIS	ESGU +0.13 points	0.05%	0.18%
Motorola Solutions IncMSI	DSI +0.12 points	0.23%	0.11%
CorningGLW	DSI +0.12 points	0.28%	0.16%
FortinetFTNT	DSI +0.12 points	0.24%	0.12%
Mettler ToledoMTD	ESGU +0.12 points	0.10%	0.22%
Royal Caribbean GroupRCL	DSI +0.12 points	0.22%	0.10%
SyscoSYY	ESGU +0.12 points	0.11%	0.23%
Crown Castle IncCCI	ESGU +0.12 points	0.11%	0.23%
Cardinal HealthCAH	ESGU +0.11 points	0.17%	0.28%
Western Digital CorpWDC	DSI +0.11 points	0.36%	0.25%
Hilton Worldwide HoldingsHLT	DSI +0.11 points	0.23%	0.12%
T Rowe Price GroupTROW	ESGU +0.11 points	0.06%	0.17%
Expeditors International of WashinEXPD	ESGU +0.11 points	0.07%	0.18%
Broadridge Financial Solutions IncBR	ESGU +0.11 points	0.06%	0.17%
Delta Air LinesDAL	ESGU +0.11 points	0.04%	0.15%
State StreetSTT	ESGU +0.11 points	0.13%	0.24%
Accenture PLC Class AACN	DSI +0.10 points	0.45%	0.35%
Jacobs Solutions IncJ	ESGU +0.11 points	0.05%	0.16%
AutodeskADSK	ESGU +0.10 points	0.15%	0.25%
Tractor SupplyTSCO	ESGU +0.10 points	0.05%	0.15%
Sba Communications Reit Corp ClassSBAC	ESGU +0.09 points	0.06%	0.15%
United RentalsURI	DSI +0.10 points	0.21%	0.11%
Trane Technologies PLCTT	ESGU +0.09 points	0.26%	0.35%
Xylem IncXYL	ESGU +0.09 points	0.06%	0.15%
Eversource EnergyES	ESGU +0.09 points	0.07%	0.16%
American ExpressAXP	DSI +0.09 points	0.48%	0.39%
Colgate-PalmoliveCL	ESGU +0.08 points	0.21%	0.29%

All 402 DSI holdings⁠All 268 ESGU 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.

DSI vs ESGU Cost

Overpaying DSI vs ESGU

$2,022

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

DSI 0.25%
$5,159
ESGU 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

DSI 0.25%
ESGU 0.15%
Overpaying

Year by year

Year	DSI	ESGU	Overpaying
10	$455	$274	$181
20	$1,769	$1,071	$698
30	$5,159	$3,137	$2,022

Expense ratio

0.25%DSI
0.15%ESGU, cheaper

ESGU0.15%DSI0.25%

0.08%0.95%

Middle half of US ESG & Values Index funds
Median 0.25%

ESGU 13th cheapest of 47 funds

DSI 24th cheapest of 47 funds

DSI vs ESGU Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DSI 0.90%; ESGU 0.94%, better
Payout (12M): DSI $1.28; ESGU $1.55
Last payment: DSI $0.33; ESGU $0.38
Ex-dividend: DSI Sep 15, 2026; ESGU Sep 15, 2026
Paid on: DSI Sep 18, 2026; ESGU Sep 18, 2026
Frequency: DSI Quarterly; ESGU Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DSIQuarterly · 39 paymentsAll DSI payments⁠

ESGUQuarterly · 41 paymentsAll ESGU payments⁠

DSI vs ESGU Risk

Fall from peak · 5 years

DSI
ESGU

Risk facts

VolatilityStd dev, 3 years: DSI 14.1%ESGU 12.8%, better
Return per unit of riskSharpe ratio, 3 years: DSI 1.24ESGU 1.35, better
Worst fallMax drawdown, 5 years: DSI −28.4%ESGU −26.1%, better
Market sensitivityBeta, 5 years: DSI 1.12ESGU 1.04; Market = 1

DSI and ESGU in the news

All news⁠

ETF Filings
iShares files for a screened MSCI USA ETF that omits ESG from the name
Sep 4, 2026ESGU

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DSI vs ESGU

In short

Stated mandate

Why people hold it

Worth knowing

How DSI and ESGU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DSI

Only in ESGU

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

iShares files for a screened MSCI USA ETF that omits ESG from the name

How DSI and ESGU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DSI

Only in ESGU

Weight gaps