Equity

XDG.U

iShares Core MSCI Global Quality Dividend Index ETF - USD Units

Overview

Loading

Performance

Performance

Growth of Hypothetical $10,000

View full chart

Distributions

View full chart

DRIP/PACC

  1y 3y 5y 10y Incept.
18.44 8.47 7.30 - 7.68
Benchmark (%) 18.21 8.25 7.06 - 7.45
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
13.56 1.84 0.55 7.44 18.44 27.63 42.20 - 45.93
Benchmark (%) 13.37 1.83 0.53 7.41 18.21 26.84 40.63 - 44.30
  2019 2020 2021 2022 2023
Total Return (%) - 0.33 15.96 -4.54 9.42
Benchmark (%) - -0.03 15.83 -4.74 9.12

Key Facts

Key Facts

Net Assets of Class
as of Dec 10, 2024
USD 7,340,667
Class Inception Date
Oct 22, 2019
Exchange
Toronto Stock Exchange
Base Currency of Fund
CAD
Benchmark Index
MSCI World High Yield Dividend Index (CAD)
CUSIP
46436K110
Number of Holdings
as of Dec 10, 2024
380
Net Assets of Fund
as of Dec 10, 2024
CAD 422,304,225.02
Fund Inception
Jun 7, 2017
Base Currency of Class
USD
Asset Class
Equity
Units Outstanding
as of Dec 10, 2024
375,000
Price
as of Dec 4, 2024
19.72

Portfolio Characteristics

Portfolio Characteristics

Investment Program*
DRIP
P/E Ratio
as of Dec 10, 2024
17.36
Eligible for Registered Plans
Yes
Last Distribution per Share
as of Nov 14, 2024
0.06
Distribution Yield
as of Dec 10, 2024
3.62%
12m Trailing Yield
as of Dec 10, 2024
2.89%
P/B Ratio
as of Dec 10, 2024
2.60
Distribution Frequency
Monthly
DRIP Price
as of Nov 21, 2024
19.88

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.

The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.

Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC)
as of Nov 21, 2024
A
MSCI ESG Quality Score (0-10)
as of Nov 21, 2024
7.08
Fund Lipper Global Classification
as of Nov 21, 2024
Equity Global Income
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of Nov 21, 2024
185.00
MSCI Implied Temperature Rise (0-3.0+ °C)
as of Nov 21, 2024
> 2.5° - 3.0° C
MSCI ESG % Coverage
as of Nov 21, 2024
100.00
MSCI ESG Quality Score - Peer Percentile
as of Nov 21, 2024
29.96
Funds in Peer Group
as of Nov 21, 2024
514
MSCI Weighted Average Carbon Intensity % Coverage
as of Nov 21, 2024
99.52
MSCI Implied Temperature Rise % Coverage
as of Nov 21, 2024
99.52
View historical Sustainability Characteristics

What is the Implied Temperature Rise (ITR) metric? Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric.

To address climate change, many of the world's major countries have signed the Paris Agreement. The temperature goal of the Paris Agreement is to limit global warming to well below 2°C above pre-industrial levels, and ideally 1.5 °C, which will help us avoid the most severe impacts of climate change.


What is the ITR metric?

The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. ITR employs open source 1.55° C decarbonization pathways derived from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS). These pathways can be regional and sector specific and set a net zero target of 2050, in line with GFANZ (Glasgow Financial Alliance for Net Zero) industry standards. We make use of this feature for all GHG scopes. This enhanced ITR model was implemented by MSCI on February 19, 2024.


How is the ITR metric calculated?

The ITR metric is calculated by looking at the current emissions intensity of companies within the fund's portfolio as well as the potential for those companies to reduce its emissions over time. If emissions in the global economy followed the same trend as the emissions of companies within the fund's portfolio, global temperatures would ultimately rise within this band.


Note, only corporate issuers are covered within the calculation. A summary explanation of MSCI’s methodology and assumptions for its ITR metric can be found here.


Because the ITR metric is calculated in part by considering the potential for a company within the fund’s portfolio to reduce its emissions over time, it is forward-looking and prone to limitations. As a result, BlackRock publishes MSCI’s ITR metric for its funds in temperature range bands. The bands help to underscore the underlying uncertainty in the calculations and the variability of the metric.

Thermometer-style chart of yellow to red temperature bands showing an investment’s position relative to the Paris Agreement temperature goals. Metric data source MSCI

What are the key assumptions and limitations of the ITR metric?

This forward-looking metric is calculated based on a model, which is dependent upon multiple assumptions. Also, there are limitations with the data inputs to the model. Importantly, an ITR metric may vary meaningfully across data providers for a variety of reasons due to methodological choices (e.g., differences in time horizons, the scope(s) of emissions included and portfolio aggregation calculations).

There is not a universally accepted way to calculate an ITR. There is not a universally agreed upon set of inputs for the calculation. At present, availability of input data varies across asset classes and markets. To the extent that data becomes more readily available and more accurate over time, we expect that ITR metric methodologies will evolve and may result in different outputs. Funds may change bands as methodologies evolve. Where data is not available, and / or if data changes, the estimation methods vary, particularly those related to a company’s future emissions.


The ITR metric estimates a fund’s alignment with the Paris Agreement temperature goal based on a credibility assessment of stated decarbonization targets. However, there is no guarantee that these estimates will be reached. The ITR metric is not a real time estimate and may change over time, therefore it is prone to variance and may not always reflect a current estimate.


The ITR metric is not an indication or estimate of a fund’s performance or risk. Investors should not rely on this metric when making an investment decision and instead should refer to a fund’s prospectus and governing documents. This estimate and the associated information is not intended as a recommendation to invest in any fund, nor is it intended to indicate any correlation between a fund’s ITR metric and its future investment performance.

All data is from MSCI ESG Fund Ratings as of Nov 21, 2024, based on holdings as of Oct 31, 2024. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities.


Sustainability Characteristics and Business Involvement metrics are updated monthly, subject to the availability of data. Sustainability Characteristics do not evaluate the ESG-related investment objectives of, or any ESG strategies used by, a fund and are not indicative of how well ESG factors are integrated by a fund. Providers other than MSCI ESG Research may also prepare ESG ratings or scores using their own methodologies, which may be different than the methodology used by MSCI ESG Research.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of Dec 10, 2024
0.72%
MSCI - Nuclear Weapons
as of Dec 10, 2024
0.72%
MSCI - Civilian Firearms
as of Dec 10, 2024
0.53%
MSCI - Tobacco
as of Dec 10, 2024
2.83%
MSCI - UN Global Compact Violators
as of Dec 10, 2024
0.20%
MSCI - Thermal Coal
as of Dec 10, 2024
0.37%
MSCI - Oil Sands
as of Dec 10, 2024
0.31%

Business Involvement Coverage
as of Dec 10, 2024
100.00%
Percentage of Fund not covered
as of Dec 10, 2024
0.00%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 1.48% and for Oil Sands 7.20%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.


Sustainability Characteristics and Business Involvement metrics are updated monthly, subject to the availability of data. Sustainability Characteristics do not evaluate the ESG-related investment objectives of, or any ESG strategies used by, a fund and are not indicative of how well ESG factors are integrated by a fund. Providers other than MSCI ESG Research may also prepare ESG ratings or scores using their own methodologies, which may be different than the methodology used by MSCI ESG Research.

Ratings

Fees

Fees

Management Fee 0.20%
Management Expense Ratio (MER) 0.22%

Risk Indicator

Risk Indicator

Low
Low to Medium
Medium
Medium to High
High

Holdings

Holdings

as of Dec 10, 2024
Ticker Name Sector Market Value Weight (%) Notional Value
Ticker Name Sector Weight (%) Notional Value ISIN Location of Risk Exchange Currency FX Rate
Holdings are subject to change. Source: BlackRock

In general, the values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based on a price provided by a third-party pricing vendor and do not reflect the impact of fair valuation, if applicable (the “vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining the Fund’s net asset value (the “valuation price”), and the calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Where a Fund invests directly or indirectly in Russian equity securities, as well as American Depositary Receipts and Global Depositary Receipts evidencing ownership of Russian equity securities and for which trading has been suspended, the calculated values for such securities are based on the Fund’s valuation price.

Exposure Breakdowns

Exposure Breakdowns

as of Dec 10, 2024

% of Market Value

Type Fund
as of Dec 10, 2024

% of Market Value

Type Fund
Allocations are subject to change.
Allocations are subject to change.

Literature

Literature

 

Trade now with your brokerage

Trade now with your brokerage

You can purchase and trade iShares ETFs directly through your online brokerage firm.