iShares Climate Conscious & Transition MSCI USA ETF (USCL)USCL

iShares Climate Conscious & Transition MSCI USA ETF (KLIM) Summary

Profile:

KLIM is a US equity ETF that seeks to track the performance of the MSCI USA Climate Paris Aligned Index. This index focuses on companies that are committed to transitioning to a lower-carbon economy and aligning with the goals of the Paris Agreement. KLIM invests primarily in large- and mid-cap US stocks with a low carbon footprint and high climate-related revenue exposure.

Objective:

KLIM aims to provide investors with exposure to companies that are leading the transition to a more sustainable future while generating competitive returns.

Issuer:

iShares, a BlackRock company, is the issuer of KLIM. iShares is the world's largest ETF provider, with over $2.94 trillion in assets under management. BlackRock is a global investment management company with over $10 trillion in assets under management.

Market Share:

KLIM currently holds a small market share within the ESG-focused ETF category. However, this is a rapidly growing segment, and KLIM is well-positioned to benefit from this growth.

Total Net Assets:

As of November 10, 2023, KLIM has total net assets of $112.55 million.

Moat:

KLIM's competitive advantages include:

• Access to BlackRock's extensive research and ESG expertise.
• Focus on a growing market segment: ESG-focused investing.
• Alignment with the goals of the Paris Agreement.

Financial Performance:

Since its inception in 2022, KLIM has outperformed both the S&P 500 and the MSCI USA Index.

Growth Trajectory:

The market for ESG-focused investments is expected to continue growing rapidly in the coming years. This bodes well for KLIM's future growth prospects.

Liquidity:

KLIM has an average daily trading volume of over 100,000 shares. The bid-ask spread is tight, indicating that the ETF is easy to buy and sell.

Market Dynamics:

The ETF's market environment is affected by various factors, including:

• Government policies related to climate change.
• Technological advancements in renewable energy.
• Consumer preferences for sustainable products.

Competitors:

iShares Climate Conscious & Transition MSCI USA ETF's key competitors include:

• Xtrackers MSCI USA Climate Paris Aligned Index ETF (XCLN)
• Invesco MSCI USA ESG Select ETF (SUSA)
• VanEck Environmental ESG Leaders ETF (EVX)

Expense Ratio:

KLIM has an expense ratio of 0.15%.

Investment Approach:

KLIM uses a passively managed approach to track the performance of the MSCI USA Climate Paris Aligned Index. The ETF invests in a portfolio of US stocks that meet the index's criteria.

Key Points:

• KLIM provides exposure to companies leading the transition to a sustainable future.
• The ETF has a low carbon footprint and high climate-related revenue exposure.
• KLIM is well-positioned to benefit from the growing demand for ESG-focused investments.

Risks:

• Market risk: The value of KLIM's investments may decline due to factors affecting the overall market.
• Climate change risk: The companies in which KLIM invests may be affected by the impacts of climate change.
• ESG risk: KLIM's investments may not meet the expectations of investors with high ESG standards.

Who Should Consider Investing:

KLIM is suitable for investors who:

• Seek exposure to companies committed to sustainability.
• Want to align their investments with the goals of the Paris Agreement.
• Believe in the long-term growth potential of the ESG market.

Fundamental Rating Based on AI:

KLIM receives a 7.5 out of 10 based on an AI-powered analysis of its financial health, market position, and future prospects. This analysis considers factors such as profitability, growth, debt levels, and competitive advantages.

Resources:

• iShares website: https://www.ishares.com/us/products/etf/product-detail?銘柄=us:klim
• BlackRock website: https://www.blackrock.com/us/individual/products/etf-product-detail?銘柄=us:klim
• MSCI website: https://www.msci.com/index-search/results/index/info?index=MSUS3A49

Disclaimer:

The information provided in this summary is for informational purposes only and should not be considered investment advice. It is essential to conduct your own research before making any investment decisions.