Equity

ECNS

iShares MSCI China Small-Cap ETF

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Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

Record Date Ex-Date Payable Date
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Premium/Discount

  1y 3y 5y 10y Incept.
-23.28 -15.89 -4.54 -1.99 -1.61
Market Price (%) -22.98 -15.96 -4.32 -2.01 -1.58
Benchmark (%) -24.86 -19.10 -6.43 -3.56 -2.87
After Tax Pre-Liq. (%) -24.68 -17.25 -6.00 -3.46 -2.91
After Tax Post-Liq. (%) -13.71 -11.87 -3.70 -1.83 -1.50
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
-23.28 -1.22 -2.57 -9.22 -23.28 -40.49 -20.74 -18.21 -19.33
Market Price (%) -22.98 -1.07 -2.01 -9.26 -22.98 -40.63 -19.81 -18.35 -19.02
Benchmark (%) -24.86 -1.31 -2.94 -8.84 -24.86 -47.05 -28.28 -30.40 -32.01
After Tax Pre-Liq. (%) -24.68 -2.59 -3.92 -10.49 -24.68 -43.34 -26.60 -29.66 -32.45
After Tax Post-Liq. (%) -13.71 -0.68 -1.48 -5.42 -13.71 -31.54 -17.17 -16.85 -18.16
  2019 2020 2021 2022 2023
Total Return (%) 6.35 25.24 3.10 -24.77 -23.28
Market Price (%) 7.21 26.00 2.19 -24.57 -22.98
Benchmark (%) 6.55 27.14 -6.29 -24.80 -24.86
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The ETF total return may appear to diverge from the return of its benchmark. This may be due to the use of systematic fair value. Click here for more information

Key Facts

Key Facts

Net Assets of Fund as of Mar 01, 2024 $52,335,042
Fund Inception Sep 28, 2010
Exchange NYSE Arca
Asset Class Equity
Benchmark Index MSCI China Small Cap Index
Bloomberg Index Ticker MSLUCHNN
Shares Outstanding as of Mar 01, 2024 2,200,000
Distribution Frequency Semi-Annual
Premium/Discount as of Mar 01, 2024 0.64
CUSIP 46429B200
Closing Price as of Mar 01, 2024 23.94
Non-FV NAV as of Mar 01, 2024 23.76
30 Day Avg. Volume as of Mar 01, 2024 27,328.00
30 Day Median Bid/Ask Spread as of Mar 01, 2024 0.21%
Daily Volume as of Mar 01, 2024 22,106.00

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Feb 29, 2024 273
Equity Beta (3y) as of Jan 31, 2024 0.31
30 Day SEC Yield as of Jan 31, 2024 3.71%
12m Trailing Yield as of Jan 31, 2024 5.80%
Standard Deviation (3y) as of Jan 31, 2024 29.17%
P/E Ratio as of Feb 29, 2024 7.53
P/B Ratio as of Feb 29, 2024 0.72
Unsubsidized 30-Day SEC Yield as of Jan 31, 2024 3.71%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

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. Learn more


This fund does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. For more information regarding the 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 Feb 21, 2024 BBB
MSCI ESG % Coverage as of Feb 21, 2024 79.37%
MSCI ESG Quality Score (0-10) as of Feb 21, 2024 4.3
MSCI ESG Quality Score - Peer Percentile as of Feb 21, 2024 67.72%
Fund Lipper Global Classification as of Feb 21, 2024 Equity China
Funds in Peer Group as of Feb 21, 2024 1,208
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Feb 21, 2024 364.44
MSCI Weighted Average Carbon Intensity % Coverage as of Feb 21, 2024 93.89%
MSCI Implied Temperature Rise (0-3.0+ °C) as of Feb 21, 2024 > 3.0° C
MSCI Implied Temperature Rise % Coverage as of Feb 21, 2024 93.65%

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.