USCL ETF — Holdings & Analysis

USCL, or the iShares Climate Conscious & Transition MSCI USA ETF, is an exchange-traded fund that seeks to mirror the investment performance of an index composed of U.S. large- and mid-capitalization companies. The selection criteria are based on the companies' positioning relative to their sector peers in transitioning to a low-carbon economy. The index provider assesses companies based on factors such as current emissions intensity, emissions reduction targets, green business revenue, and climate risk management. The fund provides investors with a way to invest in companies demonstrating a commitment to environmental sustainability within the U.S. equity market.

The expense ratio for USCL is 0.08%. This means that for every $10,000 invested in the fund, investors will pay $8 in annual fees to cover the fund's operating expenses. This expense ratio is relatively low compared to the category average for equity ETFs, which is approximately 0.44%. The lower expense ratio can contribute to potentially higher net returns for investors over the long term, as less of the investment is used to cover fund expenses.

The top holdings in USCL include some of the largest and most influential companies in the U.S. equity market. As of 2026-03-15, the top five holdings are NVIDIA Corp (5.43%), Broadcom Inc (4.64%), Microsoft Corp (4.57%), Amazon.com Inc (4.18%), and Meta Platforms Inc Class A (3.72%). These companies represent a significant portion of the fund's assets and reflect its focus on companies leading in technology and innovation. The performance of these top holdings can have a substantial impact on the overall performance of USCL.

Whether USCL is a suitable long-term investment depends on an individual investor's specific financial goals, risk tolerance, and investment horizon. USCL offers exposure to U.S. companies that are focused on transitioning to a low-carbon economy, which aligns with growing investor interest in ESG factors. The fund's expense ratio of 0.08% is relatively low, which can benefit long-term returns. However, the may be worth researching fund's sector concentration and potential for tracking error. Past performance does not guarantee future results, and potential investors should conduct thorough research before investing.

USCL distinguishes itself from other ETFs through its specific focus on companies transitioning to a low-carbon economy. While other ESG ETFs may consider a broader range of environmental and social factors, USCL's index methodology emphasizes emissions intensity, reduction targets, and green business revenue. With an AUM of $2.14 billion, USCL is a sizable ETF, indicating investor interest in its strategy. Its expense ratio of 0.08% is competitive compared to other ESG-focused ETFs, potentially offering a cost advantage. Investors should compare USCL's holdings and sector allocations to those of other similar ETFs to determine which fund best aligns with their investment objectives.

As of 2026-03-15, the iShares Climate Conscious & Transition MSCI USA ETF (USCL) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing any dividend income to its shareholders. Investors seeking dividend income may need to consider other ETFs with a higher dividend yield. However, USCL's primary focus is on capital appreciation through investments in companies focused on the transition to a low-carbon economy.