Is ESML a good investment?

iShares ESG Aware MSCI USA Small-Cap ETF (ESML) is a ESG ETF. As of September 11, 2026, ETF Copilot scores ESML 4.7 out of 10 — highest on Valuation (7.0), lowest on Quality (0.9). It trades at 18.4 times earnings, against its own median of 18.0. Its ten largest holdings are 5% of the fund.

Updated September 11, 2026

How is ESML rated? ETF Copilot scores iShares ESG Aware MSCI USA Small-Cap ETF (ESML) 4.7 out of 10

As of September 11, 2026, ETF Copilot scores iShares ESG Aware MSCI USA Small-Cap ETF (ESML) 4.7 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.7 / 10
Growth: 6.6 / 10
Valuation: 7.0 / 10
Risk: 4.2 / 10
Quality: 0.9 / 10
Return: 4.1 / 10

What is ESML's expense ratio? 0.17% a year

As of September 11, 2026, ESML charges 0.17% a year, yields 1.37% and holds $2.9B in assets across 911 positions.

iShares ESG Aware MSCI USA Small-Cap ETF (ESML) — cost, income and size
Measure	ESML
Expense ratio	0.17%
Dividend yield	1.37%
Assets under management	$2.9B
Holdings	911

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in ESML's data

ESG-aware U.S. small caps, screened for environmental and social criteria.

Trades cheaper than the typical small-cap ESG fund — you pay less for each dollar of earnings.

Trailing P/E multiple of 18.4x places it among the cheapest in the ESG category, well below the 21.6x median — though its 19.4% EBITDA margin lags the typical peer.

A sustainability tilt for a small-cap allocation, with a trade-off in operating margins.

Why did ESML move this week? It fell 2.3% in the week to September 11, 2026 — Guidewire Software and US Foods drove it

ESML fell 2.3% in the week to September 11, 2026. The holdings that moved it most were Guidewire Software (−30.5%), US Foods (−8.7%) and Factset Research Systems (−17.0%); Semtech (+23.5%) pushed the other way.

Is ESML expensive right now? It trades at 18.4 times earnings, against its own median of 18.0

As of September 11, 2026, ESML is more expensive than 57% of its own 102 monthly readings since 2018 — 58 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside ESML? 17% Tech

What's inside ESML: Size (Large 1%, Mid 68%, Small 32%); Geography (International 5%, US 95%); Tech 17.3%; AI 0.4%; Semiconductors 3.3%; Memory 0.8%.

What are ESML's top holdings? The ten largest are 5% of the fund

Moderna, Assurant, US Foods, Ovintiv, ONE GAS, Royal Gold, Jones Lang Lasalle, Guardant Health, Equitable and Trimble are ESML's largest holdings, in that order.

Less concentrated than 99% of ESG ETFs.

Half of ESML's weight sits in its 237 largest positions, and once those weights are taken into account it behaves like 623 equally weighted holdings.

Cite this

ETF Copilot, “iShares ESG Aware MSCI USA Small-Cap ETF (ESML) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/esml