iShares Smart City Infrastructure UCITS ETF USD (Dist)

iShares Smart City Infrastructure UCITS ETF USD (Dist) is an exchange-traded fund that tracks the STOXX Global Smart City Infrastructure index, focusing on developed and emerging market companies providing services and solutions for sustainable smart city development. Its primary purpose is to offer investors targeted exposure to the global urbanization trend through equities deriving significant revenues from smart cities and infrastructure themes, including cellular site equipment, metal recycling, multi-type passenger transportation, water treatment, waste collection, and residential property owners. Notable features include a distributing policy with semi-annual payouts, a current dividend yield of approximately 0.88-0.92%, and currency unhedged in USD, domiciled in Ireland since its launch on March 3, 2020. The ETF emphasizes sustainability, earning an MSCI ESG Fund Rating of A with a quality score of 6.84 and high coverage of ESG metrics, while maintaining a fund size around EUR 33 million to USD 398 million. It plays a key role in financial markets by enabling long-term equity allocation to innovative sectors shaping efficient, connected urban environments amid rising global city populations.