iShares ESG Aware MSCI Canada Index ETF
XESG.TO (TSX)
The iShares ESG Aware MSCI Canada Index ETF targets Canadian equities with strong environmental, social, and governance (ESG) factors, making it an appealing choice for socially-conscious investors. With a solid 1-year return of 30.10% and a 5-year return of 86.30%, it promises robust performance while offering a dividend yield of 2.12%. This ETF comprises 133 holdings, featuring major players like the Royal Bank of Canada and Shopify, reflecting a well-diversified portfolio aligned with sustainable investing principles.
Pros:
- Strong performance over the past year
- Focus on ESG factors
Cons:
- Market volatility risk
- Potential for lower returns in downturns
The iShares ESG Aware MSCI Canada Index ETF (XESG.TO) is well-suited for investors seeking exposure to Canadian equities that prioritize environmental, social, and governance factors, particularly those who value sustainable investing alongside strong historical returns. Its combination of solid performance and a moderate dividend yield may appeal to both growth-oriented and socially-conscious investors looking for a diversified portfolio.
