(DSI) KLD 400 Social - NYSE

The iShares MSCI KLD 400 Social ETF (DSI) tracks a market capitalization-weighted index composed of U.S. companies demonstrating high environmental, social, and governance (ESG) ratings. The fund maintains a mandate to invest at least 90% of its assets in the underlying index components or representative depositary receipts. This strategy focuses on large- and mid-cap equities while excluding firms involved in industries such as tobacco, weapons, and gambling.

The ESG investment model relies on proprietary scoring systems to evaluate corporate behavior beyond traditional financial metrics, often leading to a heavy concentration in the technology and healthcare sectors. These sectors typically carry lower carbon footprints and higher governance scores compared to traditional industrial or energy firms. For a more detailed breakdown of these underlying equity scores, consider reviewing the metrics on ValueRay.

Launched in 2006, the fund is categorized as a Large Blend ETF, providing diversified exposure to the U.S. equity market through a socially responsible lens. By utilizing a free float-adjusted weighting methodology, the fund ensures that its holdings reflect the actual proportion of shares available to public investors rather than total shares outstanding.