The iShares ESG Screened S&P 500 ETF (XVV) is an exchange-traded fund designed to provide exposure to large-cap U.S. equities while applying environmental, social, and governance (ESG) screening criteria. The ETF is managed by BlackRock through its iShares platform and trades under the ticker XVV on the Nasdaq.

Classified as an ESG-focused equity ETF, the fund provides broad exposure to the U.S. stock market while excluding companies involved in certain business activities that do not meet the index's ESG screening methodology.

The ETF follows a passive management approach and seeks to replicate the performance of the MSCI USA ESG Screened Index, a benchmark designed to represent the U.S. large-cap equity market while excluding companies involved in activities such as controversial weapons, tobacco, thermal coal, oil sands, civilian firearms, and other businesses identified by the index methodology.

Diversification and sector exposure

XVV provides exposure primarily associated with:

• U.S. large-cap stocks.

• Technology.

• Healthcare.

• Financial services.

• Consumer discretionary.

• Industrials.

• ESG-screened companies.

• U.S. equity market.

The portfolio includes companies across a broad range of industries while excluding businesses that do not satisfy the benchmark's ESG screening criteria.

The ETF is designed to closely track the performance of the U.S. large-cap equity market, although differences in portfolio composition may lead to modest deviations from traditional broad-market indexes that do not apply ESG screens.

Structure and costs

XVV shares trade on the secondary market on the Nasdaq during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF's market price with its net asset value (NAV).

The fund carries a relatively low expense ratio, consistent with many passive iShares ETFs, and does not apply a performance fee. Dividends received from portfolio holdings may be distributed periodically to shareholders according to the fund's distribution policy.

History and evolution of the ETF

The iShares ESG Screened S&P 500 ETF was launched in 2020 to provide investors with access to the U.S. equity market through an investment strategy incorporating ESG screening criteria.

Since inception, the fund has become part of the expanding universe of ETFs that combine passive investing with sustainability-focused screening methodologies.

In recent years, growing demand for responsible investing and continued improvements in ESG disclosure standards have contributed to increased interest in strategies that balance broad market exposure with exclusion-based investment criteria.

Additional Information

WisdomTree Emerging Markets SmallCap Dividend Fund (United States) is an exchange-traded fund (ETF), with assets under management totaling $647.94 million.

Over the past 12 months, WisdomTree Emerging Markets SmallCap Dividend Fund recorded a return of 20.91%, with its price trading between $47.82 and $58.04 during the same period.

The ETF is traded under the ticker XVV.