IShares ESG Aware MSCI USA Small-Cap ETF ESML delivers an environmental, social, and governance remit with low tracking error against its opportunity set. However, it is still prone to the inherent liquidity and mispricing issues in the small-cap market. The fund earns a Morningstar Analyst Rating of Silver.
Will ESML outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ESML’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ESML management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ESML’s parent organization’s priorities and whether they’re in line with investors’ interests.