USXF vs. DSI

Last updated Jun 16, 2026

USXF (iShares ESG Advanced MSCI USA ETF) and DSI (iShares MSCI KLD 400 Social ETF) are both Large Cap Growth Equities funds from iShares - USXF tracks the MSCI USA Choice ESG Screened Index while DSI tracks the MSCI KLD 400 Social Index. Both are passively managed. Over the past 5 years, USXF returned 15.64%/yr vs 13.33%/yr for DSI. Their correlation of 0.94 suggests significant overlap in exposure. USXF charges 0.10%/yr vs 0.25%/yr for DSI.

Performance

USXF vs. DSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Advanced MSCI USA ETF (USXF) and iShares MSCI KLD 400 Social ETF (DSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USXF achieves a 20.37% return, which is significantly higher than DSI's 11.83% return.

USXF

• 1D: 2.44%
• 1M: 5.10%
• YTD: 20.37%
• 6M: 21.61%
• 1Y: 36.09%
• 3Y*: 25.87%
• 5Y*: 15.64%
• 10Y*: —

DSI

• 1D: 1.78%
• 1M: 2.10%
• YTD: 11.83%
• 6M: 12.35%
• 1Y: 29.36%
• 3Y*: 20.81%
• 5Y*: 13.33%
• 10Y*: 15.60%

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

USXF vs. DSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
USXF iShares ESG Advanced MSCI USA ETF	20.37%	16.97%	26.16%	31.65%	-21.20%	27.14%	23.07%
DSI iShares MSCI KLD 400 Social ETF	11.83%	18.03%	22.38%	28.51%	-21.71%	31.32%	22.00%

Correlation

The correlation between USXF and DSI is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 18, 2020	0.94

The correlation between USXF and DSI has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

USXF vs. DSI - Sectors Allocation Comparison

Sectors	USXF	DSI
Technology	53.9%	43.1%
Financial Services	15.1%	10.1%
Industrials	8.0%	8.0%
Consumer Cyclical	6.6%	8.0%
Healthcare	5.7%	7.0%
Real Estate	4.0%	2.6%
Basic Materials	2.3%	2.2%
Communication Services	2.0%	12.8%
Utilities	1.1%	0.9%
Consumer Defensive	0.9%	4.0%
Energy	0.1%	1.5%

Return for Risk

USXF vs. DSI — Risk / Return Rank

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

USXF

USXF Risk / Return Rank: 72
USXF Sharpe Ratio Rank: 72
USXF Sortino Ratio Rank: 66
USXF Omega Ratio Rank: 68
USXF Calmar Ratio Rank: 76
USXF Martin Ratio Rank: 78

DSI

DSI Risk / Return Rank: 68
DSI Sharpe Ratio Rank: 74
DSI Sortino Ratio Rank: 72
DSI Omega Ratio Rank: 73
DSI Calmar Ratio Rank: 58
DSI Martin Ratio Rank: 66

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.

USXF vs. DSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI USA ETF (USXF) and iShares MSCI KLD 400 Social ETF (DSI). 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.

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.

	USXF	DSI	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.17	-0.06
Sortino ratio: Return per unit of downside risk	2.77	2.93	-0.16
Omega ratio: Gain probability vs. loss probability	1.37	1.39	-0.02
Calmar ratio: Return relative to maximum drawdown	3.56	2.67	+0.89
Martin ratio: Return relative to average drawdown	13.71	11.05	+2.66

USXF vs. DSI - Sharpe Ratio Comparison

The current USXF Sharpe Ratio is 2.10, which is comparable to the DSI Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of USXF and DSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

USXF vs. DSI - Drawdown Comparison

The maximum USXF drawdown since its inception was -29.54%, smaller than the maximum DSI drawdown of -54.23%. Use the drawdown chart below to compare losses from any high point for USXF and DSI.

Drawdown Indicators

	USXF	DSI	Difference
Max Drawdown Largest peak-to-trough decline	-29.54%	-54.23%	+24.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-11.05%	+0.86%
Max Drawdown (3Y) Largest decline over 3 years	-20.93%	-20.58%	-0.35%
Max Drawdown (5Y) Largest decline over 5 years	-29.54%	-28.36%	-1.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.10%	—
Current Drawdown Current decline from peak	-0.83%	-0.51%	-0.32%
Average Drawdown Average peak-to-trough decline	-6.40%	-7.51%	+1.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	2.66%	-0.02%

Volatility

USXF vs. DSI - Volatility Comparison

iShares ESG Advanced MSCI USA ETF (USXF) has a higher volatility of 7.98% compared to iShares MSCI KLD 400 Social ETF (DSI) at 5.40%. This indicates that USXF's price experiences larger fluctuations and is considered to be riskier than DSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USXF	DSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.98%	5.40%	+2.58%
Volatility (6M) Calculated over the trailing 6-month period	14.39%	10.95%	+3.44%
Volatility (1Y) Calculated over the trailing 1-year period	17.29%	13.65%	+3.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.76%	18.02%	+1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.31%	18.76%	+0.55%

USXF vs. DSI - Expense Ratio Comparison

USXF has a 0.10% expense ratio, which is lower than DSI's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

USXF vs. DSI - Dividend Comparison

USXF's dividend yield for the trailing twelve months is around 0.98%, less than DSI's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DSI iShares MSCI KLD 400 Social ETF	1.04%	0.92%	1.03%	1.19%	1.39%	0.99%	1.22%	1.40%	1.63%	1.28%	1.51%	1.46%
USXF iShares ESG Advanced MSCI USA ETF	0.98%	0.93%	1.00%	1.21%	1.39%	0.86%	0.58%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USXF and DSI in my portfolio?

With a correlation of 0.91, USXF and DSI 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, USXF or DSI?

USXF has higher volatility (7.98%) compared to DSI (5.40%). In terms of maximum drawdown, USXF dropped -29.54% vs DSI's -54.23%.

Which ETF is better, USXF or DSI?

On 5-year performance, USXF leads with 15.64% vs 13.33% for DSI. On fees, USXF is cheaper at 0.10% per year. On volatility, DSI has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USXF or DSI?

Over the 5-year period, USXF has performed better with a 15.64% return vs 13.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USXF or DSI?

USXF is cheaper with a 0.10% expense ratio, compared with 0.25% for DSI.

Which ETF pays a higher dividend yield, USXF or DSI?

DSI has the higher dividend yield at 1.04%, compared with 0.98% for USXF.

What is the main difference between USXF and DSI?

USXF tracks MSCI USA Choice ESG Screened Index, while DSI tracks MSCI KLD 400 Social Index. Their fees differ too: 0.10% for USXF and 0.25% for DSI.

Which has better risk-adjusted returns?

DSI currently has the higher Sharpe Ratio (2.17 vs 2.10), 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.