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ESML

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1m

Analysis and statistics

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About

ESML.US refers to the iShares ESG Aware MSCI USA Small-Cap ETF. This ETF seeks to track the investment results of a broad-based index composed of U.S. small-capitalization companies that have positive environmental, social, and governance characteristics, as determined by the index provider. It provides investors with exposure to smaller companies in the US market while considering ESG factors.
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Factors

Underlying Holdings Performance: ESML’s price mirrors the performance of its underlying small-cap value stocks, primarily in developed markets excluding the U.S. Positive returns boost ESML’s NAV.

Market Sentiment: Overall investor attitude towards small-cap value stocks and international markets influences demand for ESML, affecting its price above or below its NAV.

Currency Fluctuations: Changes in exchange rates between the US dollar and the currencies of countries where ESML's holdings are located impact ESML's value when translated back into USD.

Expense Ratio: ESML's management fees and operating expenses reduce its returns, indirectly affecting its price over time compared to a hypothetical expense-free equivalent.

Supply and Demand: The balance between buying and selling pressure for ESML shares in the market influences its market price, potentially causing premiums or discounts to its NAV.

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