- ISIN
- US46436E1551
- Issuer
- iShares
- Inception Date
- Jun 6, 2023
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI USA Extended Climate Action Index - Benchmark TR Gross
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $3B
Share Price Chart
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Performance
USCL Performance Chart
Ishares Climate Conscious & Transition MSCI USA ETF (USCL) is up 4.9% since the beginning of the year. USCL is currently trading at $83 per share.
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Returns By Period
Ishares Climate Conscious & Transition MSCI USA ETF (USCL) has returned 4.85% so far this year and 18.14% over the past 12 months.
Ishares Climate Conscious & Transition MSCI USA ETF
- 1D
- -0.80%
- 1M
- -0.80%
- YTD
- 4.85%
- 6M
- 4.22%
- 1Y
- 18.14%
- 3Y*
- 19.16%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
USCL Monthly Returns History
Based on dividend-adjusted daily data since Jun 8, 2023, USCL's average daily return is +0.08%, while the average monthly return is +1.54%. At this rate, an investment would double in approximately 3.8 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2026 with a return of +10.0%, while the worst month was Mar 2025 at -6.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, USCL closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +9.1%, while the worst single day was Apr 4, 2025 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.00% | -1.94% | -4.54% | 9.98% | 4.41% | -2.45% | 4.85% | ||||||
| 2025 | 3.63% | -1.70% | -5.98% | -1.04% | 5.89% | 5.20% | 2.08% | 0.92% | 3.09% | 2.54% | -0.49% | -0.15% | 14.26% |
| 2024 | 2.14% | 5.90% | 3.00% | -3.87% | 3.92% | 4.65% | 0.88% | 2.43% | 2.44% | -0.41% | 6.06% | -2.44% | 27.04% |
| 2023 | 3.67% | 3.75% | -1.20% | -4.67% | -2.66% | 9.42% | 4.44% | 12.71% |
Benchmark Metrics
Ishares Climate Conscious & Transition MSCI USA ETF has an annualized alpha of -0.42%, beta of 0.99, and R2 of 0.98 versus S&P 500 Index. Calculated based on daily prices since June 08, 2023.
- With beta of 0.99 and R2 of 0.98, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.42%
- Beta
- 0.99
- R²
- 0.98
- Upside Capture
- 98.79%
- Downside Capture
- 103.14%
Expense Ratio
USCL has an expense ratio of 0.08%, which is considered low.
Return for Risk
Risk / Return Rank
USCL ranks 40 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Ishares Climate Conscious & Transition MSCI USA ETF (USCL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USCL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.78 | -1.01 |
| Martin ratioReturn relative to average drawdown | 6.85 | 12.44 | -5.59 |
Dividends
Dividend History
Ishares Climate Conscious & Transition MSCI USA ETF provided a 1.12% dividend yield over the last twelve months, with an annual payout of $0.92 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.92 | $0.87 | $0.83 | $0.48 |
Dividend yield | 1.12% | 1.10% | 1.18% | 0.85% |
Monthly Dividends
The table displays the monthly dividend distributions for Ishares Climate Conscious & Transition MSCI USA ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.21 | $0.44 | ||||||
| 2025 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.27 | $0.87 |
| 2024 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.28 | $0.83 |
| 2023 | $0.22 | $0.00 | $0.00 | $0.26 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Ishares Climate Conscious & Transition MSCI USA ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Ishares Climate Conscious & Transition MSCI USA ETF was 19.00%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.
The current Ishares Climate Conscious & Transition MSCI USA ETF drawdown is 2.88%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -19.00%Apr 2025 | 1mo 17d | 2mo 23d | 4mo 10dFeb 2025 - Jun 2025 |
2026 correction2026 | -10.24%Mar 2026 | 2mo 16d | 18d | 3mo 4dJan 2026 - Apr 2026 |
2023 correction2023 | -10.00%Oct 2023 | 2mo 27d | 1mo 4d | 4mo 1dAug 2023 - Nov 2023 |
2024 pullback2024 | -8.58%Aug 2024 | 19d | 1mo 15d | 2mo 4dJul 2024 - Sep 2024 |
2025 pullback2025 | -5.61%Nov 2025 | 22d | 1mo 4d | 1mo 26dOct 2025 - Dec 2025 |
Drawdown Indicators
| USCL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.00% | -56.78% | +37.78% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -9.10% | -1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -19.00% | -18.90% | -0.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.88% | -1.80% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -2.27% | -10.71% | +8.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 2.03% | +0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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