ATLASiShares ESG Aware MSCI USA Small-Cap ETF (ESML): outlook, holdings and fees
iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.17% and the yield is 0.95%. The ten largest holdings are 5% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on ESML
| Last price | $53.48 (-1.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $52.29 – $55.22 |
| Normal 1-day range (±1σ) | ±0.9% |
| Distribution yield | 0.95% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
ESML fund facts
| Issuer | iShares |
|---|---|
| Theme | US small caps |
| Assets under management | $2.7B |
| Expense ratio | 0.17% |
| Number of holdings | 902 |
| Portfolio turnover | 37% |
| Inception | Apr 10, 2018 |
| Exchange | CBOE |
The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is an optimized equity index that is designed to produce investment results comparable to the MSCI USA Small Cap Index (the parent index), while reflecting a higher allocation than that of the parent index to companies with favorable ESG profiles (as determined by MSCI).
ESML top holdings
| Holding | Sector | Weight |
|---|---|---|
| Moderna Inc MRNA | Healthcare | 1.24% |
| Assurant, Inc. AIZ | Financial Services | 0.59% |
| US Foods Holding Corp USFD | Consumer Defensive | 0.53% |
| Ovintiv Inc OVV | Energy | 0.46% |
| Dynatrace Holdings LLC DT | Technology | 0.39% |
| One Gas Inc OGS | Utilities | 0.38% |
| Revvity Inc. RVTY | Healthcare | 0.38% |
| Nutanix Inc NTNX | Technology | 0.35% |
| Guardant Health Inc GH | Healthcare | 0.35% |
| Royal Gold Inc RGLD | Basic Materials | 0.35% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
ESML sector breakdown
| Sector | Weight |
|---|---|
| Technology | 18.1% |
| Industrials | 15.9% |
| Healthcare | 15.3% |
| Financial Services | 14.3% |
| Consumer Cyclicals | 10.8% |
| Real Estate | 6.7% |
| Energy | 5.6% |
| Consumer Defensive | 4.2% |
| Basic Materials | 3.9% |
| Utilities | 2.9% |
| Communication Services | 2.4% |
By region: North America 98.9%, Latin America 0.6%, Europe Developed 0.3%, Asia Emerging 0.1%, Asia Developed 0.1%.
ESML returns and risk
| Year to date | +15.0% |
|---|---|
| 1 year | +17.2% |
| 3 years (annualised) | +17.5% |
| 5 years (annualised) | +7.1% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 17.3% |
| Sharpe ratio (3 years) | 0.69 |
Past returns do not guarantee future results.
ESML: frequently asked questions
What does ESML invest in?
iShares ESG Aware MSCI USA Small-Cap ETF invests in a portfolio of securities. Its largest holdings are Moderna Inc (1.2%), Assurant, Inc. (0.6%), US Foods Holding Corp (0.5%), Ovintiv Inc (0.5%), Dynatrace Holdings LLC (0.4%).
What is the ESML expense ratio?
0.17% a year: about $17.00 for every $10,000 invested.
What is the ESML dividend yield?
0.95%. ATLAS does not hold the exact distribution dates for ETFs.
Will ESML go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $52.29 to $55.22 from $53.48 today. It is a probability, not a prediction.
How has ESML performed?
Year to date +15.0%, one year +17.2%, three years +17.5% a year, five years +7.1% a year. Past returns do not guarantee future results.
Similar ETFs: US small caps
Educational information, not investment advice. Disclaimer