iShares MSCI KLD 400 Social ETF

The iShares MSCI KLD 400 Social ETF is a type of exchange-traded fund that focuses on investing in companies with exemplary social and environmental practices. Its primary purpose is to track the performance of the MSCI KLD 400 Social Index, which includes firms demonstrating positive environmental, social, and governance (ESG) characteristics. This ETF encompasses a diverse group of sectors, including technology, healthcare, consumer goods, and financial services, ensuring a wide representation of various industries. The MSCI KLD 400 Social Index stands out as one of the early and prominent benchmarks in the sphere of socially responsible investing (SRI). By enabling investors to support companies with sustainable and socially mindful business practices, this ETF plays a crucial role in the market's growing inclination towards ethical investing. The iShares MSCI KLD 400 Social ETF offers investors a chance to align their portfolios with their values without compromising the potential for diversified exposure to the U.S. equity market. Its role in promoting ESG awareness further solidifies its importance within both the investment community and the global push towards responsible corporate stewardship.