SNPE vs USXF

SNPEAXtrackers S&P 500 Scored & Screened ETF

USXFAiShares ESG Advanced MSCI USA ETF

In short

SNPE The S&P 500 with roughly 200 names screened out, for 0.10% a year. SNPE keeps the plumbing of a plain core index fund and lets S&P's rules, not a stock picker, decide who stays in the basket.

USXF The strict end of the iShares US ESG shelf. It follows an MSCI index built on favorable ESG ratings plus deep exclusion screens, cutting the US large- and mid-cap market to about 300 names, and charges 0.10% to do it.

Stated mandate

SNPE The fund seeks investment results that generally correspond, before fees and expenses, to the performance of its underlying index.

USXF The fund seeks to track a U.S. large- and mid-cap equity index whose constituents have favorable environmental, social, and governance ratings and pass extensive controversial-activity screens.

Why people hold it

• SNPE A 0.10% expense ratio puts it in the cheap seats of the screened-index crowd, alongside XVV (0.08%) and ESGV (0.09%) and well under the group's typical fee.
• Plain index plumbing: it aims to match the S&P 500 Scored & Screened Index before fees, and it has hugged that mandate closely.
• Roughly 300 stocks, so the screen actually bites. Around 200 S&P 500 members are cut outright rather than quietly trimmed.
• A multi-billion-dollar Xtrackers fund running since 2019 with steady daily volume and quarterly payouts. Not a thin, untested launch.

• USXF Charges 0.10% a year, under half the typical fee in its ESG-screened US peer group and below its bigger iShares sibling ESGU at 0.15%.
• The screens bite. The MSCI USA Choice ESG Screened Index asks for favorable ESG ratings and extensive controversial-activity exclusions, not a light tilt.ishares.com
• Ends up a focused book of about 300 US large- and mid-caps, so the screening shows up in what you actually own.
• A billion-dollar-plus iShares fund that pays quarterly, launched in 2020, with a plain index structure: no leverage, no options overlay.

Worth knowing

• SNPE Cutting ~200 names concentrates what's left. The megacap leaders of the parent index end up carrying even more weight here.
• The screens are S&P's, not yours. They are rules-based and reapplied at each rebalance, so the roster can shift without warning.
• Not the outright cheapest option in the group: XVV and ESGV shave a basis point or two off the fee.

• USXF Roughly 300 names against the full US market leaves real sector and single-stock gaps, and stretches where it moves differently from a broad index fund.
• Moderately traded rather than a headline-volume ETF, so spreads are worth a look on larger or hurried orders.
• ESG here is MSCI's definition, set by its ratings thresholds and exclusion lists, and index methodology can be revised over time.

Full SNPE profile⁠

Full USXF profile⁠