iShares Climate Conscious & Transition MSCI USA ETF (USCL) is a ESG ETF. As of October 9, 2026, ETF Copilot scores USCL 6.9 out of 10 — highest on Quality (9.3), lowest on Value (4.2). It trades at 26.6 times earnings, against its own median of 26.9. Its ten largest holdings are 47% of the fund.
What stands out in USCL's data
U.S. large-cap stocks screened for climate transition and ESG criteria.
Trades at a richer price than most ESG peers — the market is pricing in its quality.
Its trailing EBITDA multiple of 20.8x places it among the priciest ESG funds, well above the category median of 15.9x, though return on equity of 24.8% and return on invested capital of 27.4% both run above average.
A focused sleeve for portfolios that want climate-aware exposure alongside quality earnings.
Why did USCL move this week? It rose 1.3% in the week to October 9, 2026 — Microsoft and Amazon.com drove it
USCL rose 1.3% in the week to October 9, 2026. The holdings that moved it most were Microsoft (+3.4%), Amazon.com (+4.3%) and Alphabet (+2.4%); Nvidia (−2.0%) pushed the other way.
How is USCL rated? ETF Copilot scores iShares Climate Conscious & Transition MSCI USA ETF (USCL) 6.9 out of 10
As of October 9, 2026, ETF Copilot scores iShares Climate Conscious & Transition MSCI USA ETF (USCL) 6.9 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.9 / 10
- Growth: 7.9 / 10
- Value: 4.2 / 10
- Risk: 8.1 / 10
- Quality: 9.3 / 10
- Return: 5.5 / 10
Is USCL expensive right now? It trades at 26.6 times earnings, against its own median of 26.9
As of October 9, 2026, USCL is cheaper than 61% of its own last 3 years.
Trailing 12 months, built from USCL's holdings. How we calculate this →
What's inside USCL? 50% Tech
What's inside USCL: Size (Large 97%, Mid 3%, Small 0%); Geography (International 3%, US 97%); Tech 50.2%; Magnificent 7 41.7%; AI 28.8%; Semiconductors 19.1%; Memory 15.8%.
What are USCL's top holdings? The ten largest are 47% of the fund
Nvidia, Apple, Microsoft, Amazon.com, Alphabet, Broadcom, Facebook, Tesla and Advanced Micro Devices are USCL's largest holdings, in that order.
More concentrated than 72% of ESG ETFs.
Half of USCL's weight sits in its 13 largest positions, and once those weights are taken into account it behaves like 32 equally weighted holdings.
What is USCL's expense ratio? 0.08% a year
As of October 9, 2026, USCL charges 0.08% a year, yields 1.02% and holds $2.9B in assets across 394 positions.
| Measure | USCL |
|---|---|
| Expense ratio | 0.08% |
| Dividend yield | 1.02% |
| Assets under management | $2.9B |
| Holdings | 394 |
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.
Cite this
ETF Copilot, “iShares Climate Conscious & Transition MSCI USA ETF (USCL) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/uscl
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