Exchange-traded fund
iShares ESG Aware MSCI USA Small-Cap ETF
Fund manager
BlackRock/iShares
Ticker ESMLsocially responsible
Fossil fuel grade: Fossil fuel exposure of 5.61% places the fund in the range of between 5.5% and 9% exposure. Assigned a grade of D.Fossil fuel exposure of 5.61% places the fund in the range of between 5.5% and 9% exposure. Assigned a grade of D.How we track fossil fuel investments
D
$67.5 MILLION
in fossil fuel investments
49
fossil fuel stocks found
5.61%
of assets flagged
Portfolio data as of 10/29/21
Fossil fuel holdings
  For each fossil fuel category, we show the fund's exposure, if we found any. Click a category to see the breakdown of companies. When calculating a portfolio's exposure to a screen list, we only consider long investments, ignoring any shorts or liabilities.
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
18
holdings
$29.73M
invested
2.47%
of portfolio
Coal industry
Coal industry
Coal miners and owners of coal reserves
No direct stock holdings
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
38
holdings
$51.66M
invested
4.29%
of portfolio
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Electric utilities powered by coal and natural gas
11
holdings
$15.84M
invested
1.32%
of portfolio
All fossil fuel companies
49 holdings
49 holdings
  • 1. Diamondback Energy Inc
    Carbon Underground 200Oil/gas industry
    $4.39M
    0.36%
  • 2. Marathon Oil Corp
    Carbon Underground 200Oil/gas industry
    $3.71M
    0.31%
  • 3. MDU Resources Group Inc
    Fossil-fired utility
    $3.43M
    0.28%
  • 4. Ovintiv Inc
    Carbon Underground 200Oil/gas industry
    $3.01M
    0.25%
  • 5. APA Corp
    Carbon Underground 200Oil/gas industry
    $2.72M
    0.23%
See all
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Business as usual is fueling climate destruction.
iShares ESG Aware MSCI USA Small-Cap ETF $ESML is 5.61% invested in fossil fuel stocks, with $67.5 MILLION invested across 49 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on ESML at Morningstar.com
Current fund
ESML
iShares ESG Aware MSCI USA Small-Cap ETF
Family
BlackRock/iShares
Category
Small Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 3-yr returns 
-2.71% less in annualized returns
Less invested in fossil fuels 
1.09% less invested
Higher carbon footprint 
54 tonnes CO2e/$1M USD higher
Less invested in Clean200 
14.55% less invested
Current fund
ESML
iShares ESG Aware MSCI USA Small-Cap ETF
Family
BlackRock/iShares
Category
Small Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 3-yr returns 
-2.71% less in annualized returns
Less invested in fossil fuels 
1.09% less invested
Higher carbon footprint 
54 tonnes CO2e/$1M USD higher
Less invested in Clean200 
14.55% less invested
Current fund
ESML
iShares ESG Aware MSCI USA Small-Cap ETF
Family
BlackRock/iShares
Category
Small Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/21
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 3-yr returns 
-2.71% less in annualized returns
Less invested in fossil fuels 
1.09% less invested
Higher carbon footprint 
54 tonnes CO2e/$1M USD higher
Less invested in Clean200 
14.55% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
ESML - iShares ESG Aware MSCI USA Small-Cap ETF
51%
19%
/
/
5.61% 
Benchmark
IVV - iShares Core S&P 500 ETF
43%
21%
19%
16%
6.69% 
Fund compared to benchmark
 
8.47%
-2.71%
/
/
1.09%  lower
Find more financial data on ESML at Morningstar.com
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