Largest Low Volatility Fund Faces Large Outflows This Year, чем любой другой ETF for shares, as investors choose more risky assets. Now BlackRock is betting on ESG themed.
Largest ETF Issuer Just Launched iShares ESG MSCI USA Min Vol Factor ETF (ticker ESMV). This is the ESG version of the iShares MSCI USA Min Vol Factor ETF (USMV), who this year "lost weight" by $8 billion.
ESMV aims to take advantage of the increased investment demand with higher environmental, social and governance standards, buying low volatility stocks in this category. According to BIoomberg, This year ESG ETF has invested about $93 billion, which is already the best indicator in history.
BlackRock Benefits Significantly from Its Advancement in Responsible Investing. Of $98 billion of funds, received by the company in the last quarter, about $32 billion was channeled to sustainable development funds, which is a quarterly record.
As index min vol, so its ESG version showed good results in 2021 year. New fund will track the MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index, whose profitability this year was 18,6%. The ESMV cost ratio is 0,18%, which is slightly higher 0,15% in USMV.