EFIV vs ESGU: Grades, Fees and Holdings Compared

State Street SPDR S&P 500 ESG ETF

EFIVANYSE Arca

iShares ESG Aware MSCI USA ETF

ESGUANasdaq

Overlap

56.4%by weight

Expense ratio

EFIV −0.05pt a year

EFIV0.10%ESGU0.15%

Avg volume · 30D

ESGU 6.8×the volume

EFIV57.1KESGU389K

5Y return · a year

EFIV +1.5pt

EFIV+12.3%ESGU+10.8%

EFIV vs ESGU Performance

Oct 29, 2021 – Oct 30, 2026

+78.2%EFIV+67.1%ESGU

Expense ratio: EFIV 0.10%, better; ESGU 0.15%
Fund size: EFIV $1.06B; ESGU $17.8B
1Y total return: EFIV +12.5%, better; ESGU +11.5%
Yield (12M): EFIV 1.01%, better; ESGU 0.94%
Holdings: EFIV 326; ESGU 271
Avg volume (30D): EFIV 57.1K sh; ESGU 389K sh, better
NAV per share: EFIV $74.02; ESGU $165.22
52W range

ETF.net Grade

Pillar letters and Scores for EFIV, ESGU, with each pillar’s weight
Pillar	EFIV	ESGU
Cost30% weight	A86Higher	B68
Mission25% weight	A100Higher	A97
Risk15% weight	C53Higher	C50
Tradability15% weight	A84	A92Higher
Holdings10% weight	C43	B59Higher
Durability5% weight	A71	A95Higher

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. EFIV 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 ›

EFIV ranks 2nd and ESGU 4th 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 3ASNPEXtrackers S&P 500 Scored & Screened ETFScore 78
Rank 4AESGUiShares ESG Aware MSCI USA ETFScore 76
Rank 5ADFSUDimensional US Sustainability Core 1 ETFScore 74

Our read on each fund

ETF.net Research

EFIVAState Street SPDR S&P 500 ESG ETF

ESGUAiShares ESG Aware MSCI USA ETF

In short

EFIV A screened S&P 500 that still looks like one. EFIV trims to about 300 names on ESG criteria but holds industry-group weights close to the parent index, for 0.10% a year.

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

EFIV The Fund seeks to track an index of securities selected using environmental, social, and governance sustainability criteria while retaining industry-group weights broadly similar to the S&P 500 Index.

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

EFIV Charges 0.10% a year, well under the 0.25% typical of its values-screened peer group.
Keeps industry-group weights broadly similar to the S&P 500, so the screen changes which names you own more than which sectors.
Tracks its declared index very tightly, one of the cleaner implementations in its cohort.
Straightforward 1940 Act index fund from SPDR, running since 2020, distributing 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

EFIV About 300 stocks, not 500. The screens remove names, so results can diverge from the headline S&P 500.
Cheaper shelf-mates exist: XVV at 0.08% and ESGV at 0.09% undercut it on fee.
Mid-size asset base and moderate trading volume, which can mean wider spreads than the mega-cap index giants.

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 EFIV profile⁠

Full ESGU profile⁠

EFIV vs ESGU Holdings

How EFIV and ESGU differ

Overlap by weight

56.4%

Shared holdings make up 86.3% of EFIV and 64.3% of ESGU.

Level by level

Holdings186 in both56.4%
Asset classEquity100%
Countryby domicile99.5%

Sector

No Sector split for EFIV.

Country, concentration and asset class

Country by domicile

Country weights in EFIV and ESGU, widest gap first
Country	More in EFIVMore in ESGU	EFIV	ESGU
United States	ESGU +0.4 points	99.4%	99.8%
Switzerland	EFIV +0.3 points	0.3%	0.0%
China	EFIV +0.1 points	0.2%	0.1%
Brazil	ESGU +0.1 points	0.0%	0.1%
Ireland	EFIV +0.1 points	0.1%	0.0%
United Kingdom	EFIV +0.1 points	0.1%	0.0%

Concentration

Weight in the 10 largest Holdings

EFIV40.9%
ESGU36.2%

Securities held

EFIV324
ESGU268

Asset class

EFIV: Equity
ESGU: Equity

Holdings

Only in EFIV138
In both186
Only in ESGU82

Only in EFIV

138 securities, 13.6% of EFIV by weight

Walmart Inc1.34%
Pepsico Inc0.45%
Tjx Companies Inc0.39%
Schwab (Charles) Corp0.36%
Chubb Ltd0.32%
Medtronic PLC0.31%
Cvs Health Corp0.29%
Valero Energy Corp0.27%
Emerson Electric Co0.24%
Freeport Mcmoran Inc0.23%
Waste Management Inc0.21%
Eog Resources Inc0.21%
Marriott International Class A0.21%
Moderna Inc0.20%
Slb Ltd0.20%
Norfolk Southern Corp0.19%
Cintas Corp0.19%
Illinois Tool Works0.18%
T Mobile Us Inc0.18%
Air Products & Chemicals Inc0.17%
Arthur J Gallagher & Co0.17%
Aon PLC Class A0.17%
Allstate Corp0.16%
Boston Scientific Corp0.15%
Truist Financial Corp0.15%
Fastenal Co0.15%
Ametek Inc0.14%
Apollo Global Management Inc0.14%
Aflac Inc0.14%
Becton Dickinson and Co0.13%
Paccar Inc0.13%
Autozone Inc0.13%
Wabtec Corp0.12%
Ebay Inc0.12%
Ford Motor Co0.12%
Republic Services Inc0.12%
Nike Inc Class B0.11%
Msci Inc0.11%
Vivmark Residential0.11%
Ameriprise Financial Inc0.11%
Ventas Inc0.11%
Consolidated Edison Inc0.11%
American International Group0.11%
Interactive Brokers Gro Class A0.09%
Carnival Corp Ltd0.09%
Ge Healthcare Technology0.09%
United Airlines Holdings Inc0.09%
Take Two Interactive Softwre0.08%
Centene Corp0.08%
Expedia Group Inc0.08%

Only in ESGU

82 securities, 35.6% of ESGU by weight

Apple7.66%
Amazon.com Inc3.49%
Broadcom Inc2.29%
Meta Platforms Class A1.91%
Tesla Inc1.73%
JPMorgan Chase & Co1.34%
Advanced Micro Devices1.29%
Exxonmobil Holdings Corp0.82%
Johnson & Johnson0.81%
Procter & Gamble0.66%
Verizon Communications Inc0.55%
Palantir Technologies Class A0.50%
Rtx0.48%
Nisource0.47%
Berkshire Hathaway Inc Class B0.46%
International Business Machines Co0.40%
Automatic Data Processing Inc0.40%
Honeywell International Inc0.36%
Oracle0.35%
Steris0.35%
Cheniere Energy0.32%
Mckesson Corp0.30%
Crowdstrike Holdings Class A0.29%
L3HARRIS Technologies0.29%
Pnc Financial Services Group0.29%
Marvell Technology0.28%
Vertex Pharmaceuticals0.28%
Arista Networks0.28%
3M0.26%
Synopsys0.26%
Progressive0.24%
Northrop Grumman Corp0.23%
Sandisk0.23%
Crown Castle Inc0.23%
Caseys General Stores Inc0.20%
Veeva Systems Class A0.18%
Expeditors International of Washin0.18%
Travelers Companies0.18%
Hewlett Packard Enterprise0.17%
Amphenol Corp Class A0.17%
Howmet Aerospace0.16%
Sherwin Williams0.16%
Okta Class A0.15%
Parker-Hannifin0.14%
Snowflake0.14%
Cloudflare Class A0.14%
Zscaler0.13%
Mercadolibre0.13%
Royalty Pharma PLC Class A0.13%
Iqvia Holdings Inc0.13%

Weight gaps

The 100 widest of 186 Holdings in both funds.

Holding weights in EFIV and ESGU, widest gap first
Holding	More in EFIVMore in ESGU	EFIV	ESGU
NVIDIA CorpNVDA	EFIV +5.54 points	12.79%	7.25%
Microsoft CorpMSFT	EFIV +4.03 points	9.74%	5.71%
Alphabet Inc Class AGOOGL	EFIV +2.54 points	4.12%	1.58%
Micron Technology IncMU	EFIV +1.12 points	2.62%	1.50%
Eli Lilly & CoLLY	EFIV +1.03 points	2.73%	1.70%
Intel CorpINTC	EFIV +0.68 points	1.13%	0.45%
Mastercard Inc AMA	EFIV +0.53 points	1.27%	0.74%
Hartford Insurance Group IncHIG	ESGU +0.51 points	0.09%	0.60%
Bank of America CorpBAC	EFIV +0.46 points	0.82%	0.36%
Wells Fargo & CoWFC	EFIV +0.47 points	0.64%	0.17%
UnitedHealth Group IncUNH	EFIV +0.45 points	0.91%	0.46%
Costco Wholesale CorpCOST	EFIV +0.45 points	1.10%	0.65%
Alphabet Inc Class CGOOG	EFIV +0.43 points	3.32%	2.89%
Thermo Fisher Scientific IncTMO	EFIV +0.42 points	0.65%	0.23%
Visa Inc Class A SharesV	EFIV +0.40 points	1.73%	1.33%
AbbVie IncABBV	EFIV +0.38 points	1.27%	0.89%
Cisco Systems IncCSCO	EFIV +0.37 points	1.06%	0.69%
Merck & Co. Inc.MRK	EFIV +0.37 points	0.90%	0.53%
General ElectricGE	EFIV +0.35 points	0.81%	0.46%
McDonald’s CorpMCD	EFIV +0.33 points	0.45%	0.12%
Abbott LaboratoriesABT	EFIV +0.32 points	0.45%	0.13%
Netflix IncNFLX	EFIV +0.32 points	0.64%	0.32%
Texas Instruments IncTXN	EFIV +0.28 points	0.70%	0.42%
Kla CorpKLAC	EFIV +0.28 points	0.54%	0.26%
Coca Cola Co/TheKO	EFIV +0.28 points	0.89%	0.61%
Amgen IncAMGN	EFIV +0.26 points	0.62%	0.36%
Caterpillar IncCAT	EFIV +0.26 points	0.74%	0.48%
Church & Dwight Co IncCHD	ESGU +0.26 points	0.06%	0.32%
Applied Materials IncAMAT	EFIV +0.25 points	0.83%	0.58%
Ecolab IncECL	ESGU +0.24 points	0.19%	0.43%
Qualcomm IncQCOM	EFIV +0.24 points	0.49%	0.25%
Exelon CorpEXC	ESGU +0.24 points	0.12%	0.36%
Ge Vernova IncGEV	EFIV +0.24 points	0.59%	0.35%
Lam Research CorpLRCX	EFIV +0.23 points	0.79%	0.56%
Metlife IncMET	ESGU +0.23 points	0.13%	0.36%
Palo Alto Networks IncPANW	EFIV +0.22 points	0.77%	0.55%
Walt Disney Co/TheDIS	EFIV +0.21 points	0.48%	0.27%
Analog Devices IncADI	EFIV +0.19 points	0.52%	0.33%
Bristol Myers Squibb CoBMY	EFIV +0.19 points	0.31%	0.12%
Idexx Laboratories IncIDXX	ESGU +0.19 points	0.11%	0.30%
Welltower IncWELL	EFIV +0.19 points	0.42%	0.23%
Deere & CoDE	EFIV +0.18 points	0.41%	0.23%
Citigroup IncC	EFIV +0.18 points	0.52%	0.34%
Bank of New York Mellon CorpBNY	ESGU +0.18 points	0.25%	0.43%
Marathon Petroleum CorpMPC	EFIV +0.17 points	0.30%	0.13%
Pfizer IncPFE	EFIV +0.17 points	0.42%	0.25%
Linde PLCLIN	EFIV +0.18 points	0.58%	0.40%
Danaher CorpDHR	EFIV +0.17 points	0.37%	0.20%
American Tower CorpAMT	ESGU +0.18 points	0.21%	0.39%
Kimberly Clark CorpKMB	ESGU +0.17 points	0.09%	0.26%
Crh PLCCRH	ESGU +0.17 points	0.15%	0.32%
Seagate Technology HoldingsSTX	EFIV +0.17 points	0.39%	0.22%
Diamondback Energy IncFANG	ESGU +0.16 points	0.11%	0.27%
Eaton Corp PLCETN	EFIV +0.17 points	0.38%	0.21%
Cummins IncCMI	ESGU +0.16 points	0.18%	0.34%
Prudential Financial IncPRU	ESGU +0.16 points	0.10%	0.26%
Dell Technologies CDELL	EFIV +0.16 points	0.35%	0.19%
Uber Technologies IncUBER	EFIV +0.16 points	0.33%	0.17%
Raymond James Financial IncRJF	ESGU +0.15 points	0.07%	0.22%
Kraft Heinz Co/TheKHC	ESGU +0.15 points	0.05%	0.20%
Goldman Sachs Group IncGS	EFIV +0.15 points	0.67%	0.52%
Home Depot IncHD	EFIV +0.15 points	0.81%	0.66%
Cme Group IncCME	EFIV +0.14 points	0.26%	0.12%
Ww Grainger IncGWW	ESGU +0.15 points	0.15%	0.30%
BlackRock IncBLK	EFIV +0.15 points	0.42%	0.27%
Arch Capital Group LtdACGL	ESGU +0.14 points	0.09%	0.23%
Quanta Services IncPWR	EFIV +0.15 points	0.24%	0.09%
Newmont CorpNEM	EFIV +0.14 points	0.29%	0.15%
Cardinal Health IncCAH	ESGU +0.14 points	0.14%	0.28%
Capital One Financial CorpCOF	EFIV +0.14 points	0.32%	0.18%
Sysco CorpSYY	ESGU +0.13 points	0.10%	0.23%
General Mills IncGIS	ESGU +0.14 points	0.04%	0.18%
Mettler Toledo InternationalMTD	ESGU +0.13 points	0.09%	0.22%
Csx CorpCSX	EFIV +0.13 points	0.24%	0.11%
Williams Cos IncWMB	ESGU +0.13 points	0.23%	0.36%
Salesforce IncCRM	EFIV +0.13 points	0.47%	0.34%
At+t IncT	EFIV +0.13 points	0.36%	0.23%
Marsh & Mclennan CosMRSH	EFIV +0.12 points	0.23%	0.11%
Union Pacific CorpUNP	EFIV +0.12 points	0.44%	0.32%
Autodesk IncADSK	ESGU +0.12 points	0.13%	0.25%
State Street CorpSTT	ESGU +0.12 points	0.12%	0.24%
Morgan StanleyMS	EFIV +0.12 points	0.56%	0.44%
Kinder Morgan IncKMI	ESGU +0.11 points	0.17%	0.28%
Constellation EnergyCEG	EFIV +0.12 points	0.22%	0.10%
T Rowe Price Group IncTROW	ESGU +0.11 points	0.06%	0.17%
Broadridge Financial SolutioBR	ESGU +0.12 points	0.05%	0.17%
ConocophillipsCOP	EFIV +0.12 points	0.45%	0.33%
Trane Technologies PLCTT	ESGU +0.11 points	0.24%	0.35%
Jacobs Solutions IncJ	ESGU +0.12 points	0.04%	0.16%
Starbucks CorpSBUX	EFIV +0.11 points	0.30%	0.19%
Colgate Palmolive CoCL	ESGU +0.11 points	0.18%	0.29%
Western Digital CorpWDC	EFIV +0.10 points	0.35%	0.25%
Johnson Controls InternationJCI	EFIV +0.11 points	0.24%	0.13%
Booking Holdings IncBKNG	EFIV +0.11 points	0.28%	0.17%
Equinix IncEQIX	ESGU +0.10 points	0.26%	0.36%
Sba Communications CorpSBAC	ESGU +0.10 points	0.05%	0.15%
Tractor Supply CompanyTSCO	ESGU +0.11 points	0.04%	0.15%
Eversource EnergyES	ESGU +0.10 points	0.06%	0.16%
Xylem IncXYL	ESGU +0.10 points	0.05%	0.15%
Veralto CorpVLTO	ESGU +0.10 points	0.06%	0.16%

All 324 EFIV 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.

EFIV vs ESGU Cost

Overpaying ESGU vs EFIV

$1,031

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

EFIV 0.10%
$2,106
ESGU 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

EFIV 0.10%
ESGU 0.15%
Overpaying

Year by year

Year	EFIV	ESGU	Overpaying
10	$183	$274	$91
20	$717	$1,071	$354
30	$2,106	$3,137	$1,031

Expense ratio

0.10%EFIV, cheaper
0.15%ESGU

EFIV0.10%ESGU0.15%

0.08%0.95%

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

EFIV 7th cheapest of 47 funds

ESGU 13th cheapest of 47 funds

EFIV vs ESGU Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFIV 1.01%, better; ESGU 0.94%
Payout (12M): EFIV $0.74; ESGU $1.55
Last payment: EFIV $0.20; ESGU $0.38
Ex-dividend: EFIV Sep 21, 2026; ESGU Sep 15, 2026
Paid on: EFIV Sep 23, 2026; ESGU Sep 18, 2026
Frequency: EFIV Quarterly; ESGU Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EFIVQuarterly · 25 paymentsAll EFIV payments⁠

ESGUQuarterly · 41 paymentsAll ESGU payments⁠

EFIV vs ESGU Risk

Fall from peak · 5 years

EFIV
ESGU

Risk facts

VolatilityStd dev, 3 years: EFIV 12.3%, betterESGU 12.8%
Return per unit of riskSharpe ratio, 3 years: EFIV 1.39, betterESGU 1.35
Worst fallMax drawdown, 5 years: EFIV −24.5%, betterESGU −26.1%
Market sensitivityBeta, 5 years: EFIV 1.01ESGU 1.04; Market = 1

EFIV and ESGU in the news

All news⁠

Filings Digest
AllianceBernstein's AB US Research Advanced ETF began trading on Nasdaq Monday
Oct 27, 2026EFIV
ETF Filings
iShares files for a screened MSCI USA ETF that omits ESG from the name
Sep 4, 2026ESGU

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EFIV vs ESGU

In short

Stated mandate

Why people hold it

Worth knowing

How EFIV and ESGU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFIV

Only in ESGU

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

AllianceBernstein's AB US Research Advanced ETF began trading on Nasdaq Monday

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

How EFIV and ESGU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFIV

Only in ESGU

Weight gaps