Current sector exposures include information technology 21.5%, financials 14.2%, health care 13.3%, consumer discretionary 11.5%, industrials 11.5%, consumer staples 8.8%, energy 6.8%, utilities 3.6%, materials 3.1%, real estate 3.1% and telecommunications 2.4%.
Top holdings include Apple (NasdaqGS: AAPL) 3.0%, Microsoft (NasdaqGS: MSFT) 2.7%, Exxon Mobil (NYSE: XOM) 1.9%, General Electric (NYSE: GE) 1.8% and Johnson & Johnson (NYSE: JNJ) 1.5%.
The targeted ETF strategy allows advisors and investors to bring ESG considerations into their investment portfolios. By targeting U.S. companies for their ESG outcomes, investors can incorporate their social values into the investment process while potentially generating improved risk-adjusted returns over the long haul.
The iShares MSCI USA ESG Optimized ETF joins the quickly growing socially responsible ETF investment category. BlackRock already offers two international ESG-related ETFs, including the iShares MSCI EAFE ESG Select ETF (NasdaqGM: ESGD), which tracks developed markets in Europe, Australasia and the Far East, and iShares MSCI EM ESG Select ETF (NasdaqGM: ESGE), which follows emerging market companies.
For more information on new fund products, visit our new ETFs category.