iShares Climate Conscious & Transition MSCI USA ETF

iShares Trust · 1 share class

U.S. equity index ETF
One fund, 1 share class:USCL
$3.00B NAV
273 positions · as of 2026-05-31 · filed 2026-07-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares Climate Conscious & Transition MSCI USA ETF is a U.S. equity index ETF that tracks the MSCI USA Extended Climate Action Index. 26% of USCL’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q4

The iShares Climate Conscious & Transition MSCI USA ETF (the Fund ) seeks to track the investment results of an index composed of U.S. large- and mid-capitalization companies based on their positioning, relative to their sector peers, with respect to the transition to a low-carbon economy, as determined by the Index Provider, based primarily on current emissions intensity, emissions reduction targets, green business revenue, and/or climate risk management.

Strategy · summarised

The fund tracks the MSCI USA Extended Climate Action Index using representative sampling, holding a sample of U.S. large- and mid-cap companies selected for their positioning on the transition to a low-carbon economy relative to sector peers, based on emissions intensity, emissions reduction targets, green revenue, and climate risk management. The index applies exclusionary screens for thermal coal, oil sands, tobacco, and severe ESG controversies, and excludes high emitters unless they have science-based emissions reduction targets. Because the fund uses representative sampling rather than holding all index constituents, its returns may diverge from the index.

Expenses
0.08%one share class
Share classExpense ratio
USCL0.08%

Portfolio turnover 12.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.91%
of net assets
Stocks99.75%
Cash & short-term0.14%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology31.7%
Financials13.1%
Communication Services12.0%
Consumer Discretionary11.7%
9 smaller31.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
26%of stock holdings in top-quartile growers
covering 100% of the fund’s equity
Earnings growth
30%of stock holdings in top-quartile growers
covering 94% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new6 exited

New: S P500 EMINI FUT JUN26

Exited: WTRG, DOCU, BAH, BSY, PAYC, S P500 EMINI FUT MAR26

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+23.82%
3-year
35 of 36 months
5-year
35 of 60 months
Volatility
13.23%
Worst 3-yr fall
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
BROADCOM INC.AVGO5.94%$178.06M
NVIDIA CORPORATIONNVDA5.92%$177.59M
AMAZON.COM, INC.AMZN4.93%$147.81M
MICROSOFT CORPORATIONMSFT4.79%$143.54M
META PLATFORMS, INC.META3.32%$99.53M
ALPHABET INC.GOOGL3.20%$95.85M
TESLA, INC.TSLA2.97%$88.97M
ALPHABET INC.GOOG2.65%$79.35M
ADVANCED MICRO DEVICES, INC.AMD2.48%$74.32M
ELI LILLY AND COMPANYLLY2.14%$64.08M
Showing 10 of 273Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 38.32% of net assets, top 25 55.52%, across 272 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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