iShares Climate Conscious & Transition MSCI USA ETF

Frequently Asked Questions About USCL

What does USCL invest in?

The iShares Climate Conscious & Transition MSCI USA ETF (referred to as the "Fund") seeks to mirror the investment performance of a specific index. This index is composed of significant U.S. companies, spanning large and mid-market capitalizations. These companies are chosen for their readiness and alignment with the global move towards a low-carbon economic model, as determined by the Index Provider. The selection process primarily evaluates each company's position relative to its industry peers, considering metrics such as their carbon emissions efficiency, targets for reducing greenhouse gas emissions, revenue derived from environmentally friendly activities, and their overall approach to climate risk management.

What is the expense ratio of USCL?

iShares Climate Conscious & Transition MSCI USA ETF (USCL) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

How big is USCL?

iShares Climate Conscious & Transition MSCI USA ETF (USCL) manages $2.82B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is USCL actively managed or an index fund?

USCL is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (USCL's is 0.08%) because there's no security selection cost.

When was USCL launched?

iShares Climate Conscious & Transition MSCI USA ETF (USCL) launched in June 2023 and is managed by IShares.

How has USCL performed?

USCL's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.