USXF: An ESG Fund That Holds A Whole Lot Of Nvidia

Summary

• The iShares® ESG Advanced MSCI USA ETF offers exposure to U.S. companies with high ESG scores, boasting a low expense ratio of 0.10%.
• Nvidia's significant weighting (16.67%) in the fund raises concerns about concentration risk, despite the fund's impressive nearly 29% YTD return.
• USXF's sector allocation favors Information Technology and Financials, avoiding controversial industries like weapons, tobacco, and thermal coal.
• While USXF's performance is strong, its U.S.-only focus and recent inception in 2020 pose potential risks for long-term investors.