EFIV vs USCL: Grades, Fees and Holdings Compared

State Street SPDR S&P 500 ESG ETF

EFIVANYSE Arca

iShares Climate Conscious & Transition MSCI USA ETF

USCLANasdaq

Overlap

62.0%by weight

Expense ratio

USCL −0.02pt a year

EFIV0.10%USCL0.08%

Avg volume · 30D

EFIV 4.3×the volume

EFIV57.1KUSCL13.1K

3Y return · a year

EFIV +1.3pt

EFIV+22.8%USCL+21.5%

EFIV vs USCL Performance

Oct 31, 2025 – Oct 30, 2026

+12.5%EFIV+7.3%USCL

Expense ratio: EFIV 0.10%; USCL 0.08%, better
Fund size: EFIV $1.06B; USCL $2.77B
1Y total return: EFIV +12.5%, better; USCL +7.3%
Yield (12M): EFIV 1.01%; USCL 1.06%, better
Holdings: EFIV 326; USCL 394
Avg volume (30D): EFIV 57.1K sh, better; USCL 13.1K sh
NAV per share: EFIV $74.02; USCL $85.14
52W range

ETF.net Grade

Pillar letters and Scores for EFIV, USCL, with each pillar’s weight
Pillar	EFIV	USCL
Cost30% weight	A86	A99Higher
Mission25% weight	A100	Not scored
Risk15% weight	C53Higher	C52
Tradability15% weight	A84Higher	A70
Holdings10% weight	C43Higher	D36
Durability5% weight	A71Higher	A70

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. EFIV and USCL 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 USCL 8th 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 8AEVUSiShares ESG Aware MSCI USA Value ETFScore 73
Rank 8AUSCLiShares Climate Conscious & Transition MSCI USA ETFScore 73
Rank 10AESGVVanguard ESG U.S. Stock ETFScore 72

Our read on each fund

ETF.net Research

EFIVAState Street SPDR S&P 500 ESG ETF

USCLAiShares Climate Conscious & Transition 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.

USCL Most 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

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.

USCL 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

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.

USCL 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

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.

USCL 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.

Full EFIV profile⁠

Full USCL profile⁠

EFIV vs USCL Holdings

How EFIV and USCL differ

Overlap by weight

62.0%

Shared holdings make up 94.2% of EFIV and 62.0% of USCL.

Level by level

Holdings256 in both62.0%
Asset classEquity100%
Countryby domicile99.8%

Sector

No Sector split for EFIV.

Country, concentration and asset class

Country by domicile

Country weights in EFIV and USCL, widest gap first
Country	More in EFIVMore in USCL	EFIV	USCL
United States	EFIV +0.1 points	99.4%	99.3%
Switzerland	EFIV +0.1 points	0.3%	0.2%
China	EFIV +0.1 points	0.2%	0.1%
Brazil	USCL +0.1 points	0.0%	0.1%
Ireland	EFIV +0.1 points	0.1%	0.0%
Mexico	USCL +0.1 points	0.0%	0.1%
United Kingdom	EFIV +0.1 points	0.1%	0.0%
Canada	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

EFIV40.9%
USCL44.8%

Securities held

EFIV324
USCL391

Asset class

EFIV: Equity
USCL: Equity

Holdings

Only in EFIV68
In both256
Only in USCL135

Only in EFIV

68 securities, 5.7% of EFIV by weight

Texas Instruments Inc0.70%
Tjx Companies Inc0.39%
Marathon Petroleum Corp0.30%
Valero Energy Corp0.27%
Phillips 660.27%
Freeport Mcmoran Inc0.23%
Moderna Inc0.20%
Royal Caribbean Cruises Ltd0.19%
Air Products & Chemicals Inc0.17%
Kinder Morgan Inc0.17%
Targa Resources Corp0.17%
Devon Energy Corp0.14%
Autozone Inc0.13%
Entergy Corp0.13%
Msci Inc0.11%
Kroger Co0.09%
Dr Horton Inc0.09%
Resmed Inc0.09%
Eqt Corp0.08%
Centene Corp0.08%
Ares Management Corp A0.07%
Raymond James Financial Inc0.07%
Quest Diagnostics Inc0.07%
Vici Properties Inc0.07%
Synchrony Financial0.06%
Darden Restaurants Inc0.06%
Southwest Airlines Co0.05%
Revvity Inc0.05%
Apa Corp0.04%
Cf Industries Holdings Inc0.04%
Host Hotels & Resorts Inc0.04%
Charles River Laboratories0.04%
Hasbro Inc0.04%
Lyondellbasell Indu Class A0.04%
Stanley Black & Decker Inc0.04%
Allegion PLC0.04%
Ralph Lauren Corp0.04%
Akamai Technologies Inc0.04%
Assurant Inc0.04%
Gartner Inc0.03%
Avery Dennison Corp0.03%
Godaddy Inc Class A0.03%
Jm Smucker Co/The0.03%
Healthpeak Properties Inc0.03%
Invesco Ltd0.03%
Generac Holdings Inc0.03%
Baxter International Inc0.03%
Factset Research Systems Inc0.03%
Jack Henry & Associates Inc0.03%
Bio Techne Corp0.03%

Only in USCL

135 securities, 37.9% of USCL by weight

Apple9.51%
Amazon.com Inc4.37%
Broadcom Inc2.77%
Meta Platforms Class A2.54%
Tesla Inc2.15%
Advanced Micro Devices1.55%
JPMorgan Chase & Co1.26%
Johnson & Johnson1.24%
Palantir Technologies Class A0.75%
Exxonmobil Holdings Corp0.73%
Procter & Gamble0.71%
Chevron0.41%
Verizon Communications Inc0.35%
International Business Machines Co0.34%
Arista Networks0.34%
Oracle0.32%
Marvell Technology0.32%
Vertex Pharmaceuticals0.27%
Automatic Data Processing Inc0.22%
Intuitive Surgical0.22%
Snowflake0.19%
Amphenol Corp Class A0.18%
3M0.17%
Blackstone0.17%
Cloudflare Class A0.17%
Mckesson Corp0.16%
Synopsys0.16%
Vertiv Holdings Class A0.16%
Parker-Hannifin0.16%
Sherwin Williams0.14%
Datadog Inc Class A0.14%
Mercadolibre0.14%
Simon Property Group Reit Inc0.13%
Airbnb Class A0.13%
Progressive0.13%
Rtx0.13%
Monster Beverage0.13%
Robinhood Markets Class A0.12%
Comcast Class A0.12%
Kkr and Co Inc0.11%
General Motors0.11%
Dominion Energy0.11%
Natera0.11%
Monolithic Power Systems Inc0.11%
Hewlett Packard Enterprise0.10%
Realty Income Reit0.10%
Southern0.10%
Honeywell International Inc0.10%
Duke Energy Corp0.09%
Veeva Systems Class A0.09%

Weight gaps

The 100 widest of 256 Holdings in both funds.

Holding weights in EFIV and USCL, widest gap first
Holding	More in EFIVMore in USCL	EFIV	USCL
NVIDIA CorpNVDA	EFIV +3.95 points	12.79%	8.84%
Microsoft CorpMSFT	EFIV +2.82 points	9.74%	6.92%
Micron Technology IncMU	EFIV +2.15 points	2.62%	0.47%
Alphabet Inc Class AGOOGL	EFIV +1.03 points	4.12%	3.08%
Alphabet Inc Class CGOOG	EFIV +0.88 points	3.32%	2.44%
Intel CorpINTC	EFIV +0.86 points	1.13%	0.27%
Costco Wholesale CorpCOST	EFIV +0.68 points	1.10%	0.42%
Eli Lilly & CoLLY	EFIV +0.60 points	2.73%	2.13%
Visa Inc Class A SharesV	EFIV +0.44 points	1.73%	1.29%
Wells Fargo & CoWFC	EFIV +0.40 points	0.64%	0.24%
Applied Materials IncAMAT	EFIV +0.39 points	0.83%	0.44%
Ge Vernova IncGEV	EFIV +0.37 points	0.59%	0.22%
Lam Research CorpLRCX	EFIV +0.37 points	0.79%	0.42%
Bank of America CorpBAC	EFIV +0.36 points	0.82%	0.46%
General ElectricGE	EFIV +0.37 points	0.81%	0.44%
Caterpillar IncCAT	EFIV +0.34 points	0.74%	0.40%
Citigroup IncC	EFIV +0.32 points	0.52%	0.20%
Walmart IncWMT	EFIV +0.32 points	1.34%	1.02%
Mastercard Inc AMA	EFIV +0.30 points	1.27%	0.97%
Goldman Sachs Group IncGS	EFIV +0.30 points	0.67%	0.37%
AbbVie IncABBV	EFIV +0.29 points	1.27%	0.98%
Cisco Systems IncCSCO	EFIV +0.29 points	1.06%	0.77%
ConocophillipsCOP	EFIV +0.27 points	0.45%	0.18%
Morgan StanleyMS	EFIV +0.25 points	0.56%	0.31%
UnitedHealth Group IncUNH	EFIV +0.22 points	0.91%	0.69%
Palo Alto Networks IncPANW	EFIV +0.21 points	0.77%	0.56%
Coca Cola Co/TheKO	EFIV +0.21 points	0.89%	0.68%
Walt Disney Co/TheDIS	EFIV +0.21 points	0.48%	0.27%
Merck & Co. Inc.MRK	EFIV +0.21 points	0.90%	0.69%
Home Depot IncHD	EFIV +0.19 points	0.81%	0.62%
Seagate Technology HoldingsSTX	EFIV +0.19 points	0.39%	0.20%
Abbott LaboratoriesABT	EFIV +0.19 points	0.45%	0.26%
Lowe’s Cos IncLOW	EFIV +0.18 points	0.29%	0.11%
Dell Technologies CDELL	EFIV +0.17 points	0.35%	0.18%
Stryker CorpSYK	EFIV +0.18 points	0.27%	0.09%
Western Digital CorpWDC	EFIV +0.17 points	0.35%	0.18%
Qualcomm IncQCOM	EFIV +0.16 points	0.49%	0.33%
Thermo Fisher Scientific IncTMO	EFIV +0.16 points	0.65%	0.49%
Kla CorpKLAC	EFIV +0.15 points	0.54%	0.39%
Netflix IncNFLX	EFIV +0.15 points	0.64%	0.49%
Capital One Financial CorpCOF	EFIV +0.15 points	0.32%	0.17%
Us BancorpUSB	EFIV +0.14 points	0.23%	0.09%
Amgen IncAMGN	EFIV +0.15 points	0.62%	0.47%
Analog Devices IncADI	EFIV +0.14 points	0.52%	0.38%
Chubb LtdCB	EFIV +0.14 points	0.32%	0.18%
Medtronic PLCMDT	EFIV +0.14 points	0.31%	0.17%
Eog Resources IncEOG	EFIV +0.13 points	0.21%	0.08%
Linde PLCLIN	EFIV +0.13 points	0.58%	0.45%
Motorola Solutions IncMSI	EFIV +0.12 points	0.20%	0.08%
Salesforce IncCRM	EFIV +0.13 points	0.47%	0.34%
Cvs Health CorpCVS	EFIV +0.13 points	0.29%	0.16%
The Cigna GroupCI	EFIV +0.13 points	0.20%	0.07%
Truist Financial CorpTFC	EFIV +0.12 points	0.15%	0.03%
Corning IncGLW	EFIV +0.11 points	0.25%	0.14%
Equinix IncEQIX	EFIV +0.12 points	0.26%	0.14%
Uber Technologies IncUBER	EFIV +0.11 points	0.33%	0.22%
Gilead Sciences IncGILD	EFIV +0.11 points	0.51%	0.40%
Bank of New York Mellon CorpBNY	EFIV +0.11 points	0.25%	0.14%
Eaton Corp PLCETN	EFIV +0.11 points	0.38%	0.27%
Illinois Tool WorksITW	EFIV +0.11 points	0.18%	0.07%
Welltower IncWELL	EFIV +0.11 points	0.42%	0.31%
American Express CoAXP	EFIV +0.10 points	0.42%	0.32%
Union Pacific CorpUNP	EFIV +0.10 points	0.44%	0.34%
McDonald’s CorpMCD	EFIV +0.10 points	0.45%	0.35%
Deere & CoDE	EFIV +0.10 points	0.41%	0.31%
BlackRock IncBLK	EFIV +0.10 points	0.42%	0.32%
Delta Air Lines IncDAL	EFIV +0.10 points	0.12%	0.02%
Pepsico IncPEP	EFIV +0.10 points	0.45%	0.35%
Fifth Third BancorpFITB	EFIV +0.10 points	0.12%	0.02%
Williams Cos IncWMB	EFIV +0.10 points	0.23%	0.13%
Coherent CorpCOHR	EFIV +0.09 points	0.11%	0.02%
Pfizer IncPFE	EFIV +0.09 points	0.42%	0.33%
Nextera Energy IncNEE	EFIV +0.09 points	0.42%	0.33%
Allstate CorpALL	EFIV +0.09 points	0.16%	0.07%
Ww Grainger IncGWW	EFIV +0.09 points	0.15%	0.06%
Danaher CorpDHR	EFIV +0.09 points	0.37%	0.28%
Schwab (Charles) CorpSCHW	EFIV +0.09 points	0.36%	0.27%
Metlife IncMET	EFIV +0.08 points	0.13%	0.05%
Newmont CorpNEM	EFIV +0.08 points	0.29%	0.21%
Cummins IncCMI	EFIV +0.08 points	0.18%	0.10%
S+p Global IncSPGI	EFIV +0.08 points	0.35%	0.27%
Accenture PLC Class AACN	EFIV +0.07 points	0.37%	0.30%
Lumentum Holdings IncLITE	EFIV +0.08 points	0.20%	0.12%
Servicenow IncNOW	EFIV +0.08 points	0.28%	0.20%
Prologis IncPLD	EFIV +0.08 points	0.30%	0.22%
At+t IncT	EFIV +0.08 points	0.36%	0.28%
Starbucks CorpSBUX	EFIV +0.08 points	0.30%	0.22%
Carnival Corp LtdCCL	EFIV +0.07 points	0.09%	0.02%
State Street CorpSTT	EFIV +0.08 points	0.12%	0.04%
Archer Daniels Midland CoADM	EFIV +0.07 points	0.09%	0.02%
United Airlines Holdings IncUAL	EFIV +0.08 points	0.09%	0.01%
Target CorpTGT	EFIV +0.07 points	0.17%	0.10%
Bristol Myers Squibb CoBMY	EFIV +0.07 points	0.31%	0.24%
Arthur J Gallagher & CoAJG	EFIV +0.07 points	0.17%	0.10%
Apollo Global Management IncAPO	EFIV +0.07 points	0.14%	0.07%
Cencora IncCOR	EFIV +0.07 points	0.16%	0.09%
Ameriprise Financial IncAMP	EFIV +0.07 points	0.11%	0.04%
Johnson Controls InternationJCI	EFIV +0.07 points	0.24%	0.17%
Regeneron PharmaceuticalsREGN	EFIV +0.07 points	0.20%	0.13%
Digital Realty Trust IncDLR	EFIV +0.07 points	0.16%	0.09%

All 324 EFIV holdings⁠All 391 USCL 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 USCL Cost

Overpaying EFIV vs USCL

$417

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

EFIV 0.10%
$2,106
USCL 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

EFIV 0.10%
USCL 0.08%
Overpaying

Year by year

Year	EFIV	USCL	Overpaying
10	$183	$147	$36
20	$717	$575	$142
30	$2,106	$1,689	$417

Expense ratio

0.10%EFIV
0.08%USCL, cheaper

USCL0.08%EFIV0.10%

0.08%0.95%

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

USCL cheapest of 47 funds

EFIV 7th cheapest of 47 funds

EFIV vs USCL Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFIV 1.01%; USCL 1.06%, better
Payout (12M): EFIV $0.74; USCL $0.91
Last payment: EFIV $0.20; USCL $0.20
Ex-dividend: EFIV Sep 21, 2026; USCL Sep 15, 2026
Paid on: EFIV Sep 23, 2026; USCL Sep 18, 2026
Frequency: EFIV Quarterly; USCL Quarterly

Distribution history

Per share, 2020 to 2026, same scale for both

EFIVQuarterly · 25 paymentsAll EFIV payments⁠

USCLQuarterly · 13 paymentsAll USCL payments⁠

EFIV vs USCL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: EFIV 12.3%, betterUSCL 12.5%
Return per unit of riskSharpe ratio, 3 years: EFIV 1.39, betterUSCL 1.28
Worst fallMax drawdown, 5 years: EFIV −24.5%USCL −19.0%since Jun 2023
Market sensitivityBeta, 5 years: EFIV 1.01USCL 1.01; Market = 1

EFIV and USCL in the news

All news⁠

Filings Digest
AllianceBernstein's AB US Research Advanced ETF began trading on Nasdaq Monday
Oct 27, 2026EFIV

Popular comparisons

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EFIV vs USCL

In short

Stated mandate

Why people hold it

Worth knowing

How EFIV and USCL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFIV

Only in USCL

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

How EFIV and USCL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFIV

Only in USCL

Weight gaps