SUSA vs. ESGV

Last updated Jun 7, 2026

SUSA (iShares MSCI USA ESG Select ETF) and ESGV (Vanguard ESG U.S. Stock ETF) are both exchange-traded funds - SUSA is a Large Cap Growth Equities fund tracking the MSCI USA ESG Select Index, while ESGV is a Large Cap Blend Equities fund tracking the FTSE US All Cap Choice Index. Both are passively managed. Over the past 5 years, SUSA returned 11.34%/yr vs 12.04%/yr for ESGV. With a 0.98 correlation, they move nearly in lockstep. SUSA charges 0.25%/yr vs 0.09%/yr for ESGV.

Performance

SUSA vs. ESGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA ESG Select ETF (SUSA) and Vanguard ESG U.S. Stock ETF (ESGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SUSA achieves a 8.54% return, which is significantly higher than ESGV's 7.83% return.

SUSA

• 1D: -2.66%
• 1M: 1.50%
• YTD: 8.54%
• 6M: 7.88%
• 1Y: 22.91%
• 3Y*: 19.97%
• 5Y*: 11.34%
• 10Y*: 14.68%

ESGV

• 1D: -3.05%
• 1M: 0.90%
• YTD: 7.83%
• 6M: 7.39%
• 1Y: 23.84%
• 3Y*: 21.16%
• 5Y*: 12.04%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SUSA vs. ESGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
SUSA iShares MSCI USA ESG Select ETF	8.54%	15.72%	22.43%	23.88%	-21.38%	30.45%	24.66%	32.10%	-13.90%
ESGV Vanguard ESG U.S. Stock ETF	7.83%	16.48%	24.69%	30.79%	-24.04%	26.55%	25.69%	33.36%	-14.59%

Correlation

The correlation between SUSA and ESGV is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Sep 21, 2018	0.98

The correlation between SUSA and ESGV has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

SUSA vs. ESGV - Sectors Allocation Comparison

Sectors	SUSA	ESGV
Technology	39.4%	39.5%
Financial Services	11.9%	12.3%
Industrials	10.2%	4.5%
Healthcare	9.0%	9.8%
Communication Services	8.5%	13.0%
Consumer Cyclical	6.9%	12.2%
Energy	3.9%	0.1%
Consumer Defensive	3.5%	3.9%
Real Estate	3.1%	2.8%
Basic Materials	2.5%	1.9%
Utilities	1.3%	0.2%

Return for Risk

SUSA vs. ESGV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SUSA

SUSA Risk / Return Rank: 57
SUSA Sharpe Ratio Rank: 58
SUSA Sortino Ratio Rank: 56
SUSA Omega Ratio Rank: 57
SUSA Calmar Ratio Rank: 53
SUSA Martin Ratio Rank: 62

ESGV

ESGV Risk / Return Rank: 53
ESGV Sharpe Ratio Rank: 55
ESGV Sortino Ratio Rank: 53
ESGV Omega Ratio Rank: 55
ESGV Calmar Ratio Rank: 45
ESGV Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SUSA vs. ESGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA ESG Select ETF (SUSA) and Vanguard ESG U.S. Stock ETF (ESGV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SUSA	ESGV	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.84	+0.05
Sortino ratio: Return per unit of downside risk	2.58	2.49	+0.09
Omega ratio: Gain probability vs. loss probability	1.34	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	2.46	2.17	+0.29
Martin ratio: Return relative to average drawdown	10.83	9.28	+1.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SUSA vs. ESGV - Sharpe Ratio Comparison

The current SUSA Sharpe Ratio is 1.89, which is comparable to the ESGV Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of SUSA and ESGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SUSA	ESGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	1.84	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.66	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.70	-0.13

Drawdowns

SUSA vs. ESGV - Drawdown Comparison

The maximum SUSA drawdown since its inception was -53.93%, which is greater than ESGV's maximum drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for SUSA and ESGV.

Drawdown Indicators

	SUSA	ESGV	Difference
Max Drawdown Largest peak-to-trough decline	-53.93%	-33.66%	-20.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.71%	-11.60%	+1.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.30%	-20.41%	+1.11%
Max Drawdown (5Y) Largest decline over 5 years	-28.23%	-28.81%	+0.58%
Max Drawdown (10Y) Largest decline over 10 years	-32.93%	—	—
Current Drawdown Current decline from peak	-3.16%	-3.49%	+0.33%
Average Drawdown Average peak-to-trough decline	-7.24%	-6.43%	-0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	2.71%	-0.51%

Volatility

SUSA vs. ESGV - Volatility Comparison

The current volatility for iShares MSCI USA ESG Select ETF (SUSA) is 4.09%, while Vanguard ESG U.S. Stock ETF (ESGV) has a volatility of 4.41%. This indicates that SUSA experiences smaller price fluctuations and is considered to be less risky than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUSA	ESGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	4.41%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	9.96%	10.66%	-0.70%
Volatility (1Y) Calculated over the trailing 1-year period	12.66%	13.71%	-1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	18.39%	-1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.17%	20.61%	-2.44%

SUSA vs. ESGV - Expense Ratio Comparison

SUSA has a 0.25% expense ratio, which is higher than ESGV's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SUSA vs. ESGV - Dividend Comparison

SUSA's dividend yield for the trailing twelve months is around 0.85%, less than ESGV's 0.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESGV Vanguard ESG U.S. Stock ETF	0.87%	0.91%	1.04%	1.16%	1.42%	0.95%	1.11%	1.27%	0.28%	0.00%	0.00%	0.00%
SUSA iShares MSCI USA ESG Select ETF	0.85%	0.89%	1.15%	1.32%	1.52%	0.98%	1.17%	1.52%	1.72%	1.40%	1.56%	1.42%

Frequently Asked Questions

Can I hold both SUSA and ESGV in my portfolio?

With a correlation of 0.97, SUSA and ESGV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SUSA or ESGV?

ESGV has higher volatility (4.41%) compared to SUSA (4.09%). In terms of maximum drawdown, SUSA dropped -53.93% vs ESGV's -33.66%.

Which ETF is better, SUSA or ESGV?

On 5-year performance, ESGV leads with 12.04% vs 11.34% for SUSA. On fees, ESGV is cheaper at 0.09% per year. On volatility, SUSA has been the lower-risk option at 4.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SUSA or ESGV?

Over the 5-year period, ESGV has performed better with a 12.04% return vs 11.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SUSA or ESGV?

ESGV is cheaper with a 0.09% expense ratio, compared with 0.25% for SUSA.

Which ETF pays a higher dividend yield, SUSA or ESGV?

ESGV has the higher dividend yield at 0.87%, compared with 0.85% for SUSA.

What is the main difference between SUSA and ESGV?

SUSA is categorized as Large Cap Growth Equities, while ESGV is Large Cap Blend Equities. SUSA tracks MSCI USA ESG Select Index, while ESGV tracks FTSE US All Cap Choice Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for SUSA and 0.09% for ESGV.

Which has better risk-adjusted returns?

SUSA currently has the higher Sharpe Ratio (1.89 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.