iShares ESG Select Screened S&P 500 ETF

iShares ESG Select Screened S&P 500 ETF (XVV) is a BlackRock index fund that tracks the S&P 500 Sustainability Screened Index. That index is the S&P 500 minus companies tied to fossil fuel reserves, tobacco, controversial weapons, small arms, United Nations Global Compact breaches and serious controversies. It held 443 stocks as of June 30, 2026. Its 0.08% expense ratio is low but above the 0.03% charged by IVV and VOO.

• Over the year to Oct 27, 2026, XVV returned +12.4%, 4th of 9 among similar funds.
• Its 5-year annualized return was +12.3%.
• Its worst full calendar year was 2022 (-21.5%); its best was 2023 (+29.8%).
• The deepest fall in its price history was 27.2% (Dec 29, 2021 to Oct 12, 2022), recovered by Dec 15, 2023.

As of Jun 30, 2026, the fund held 443 securities; the ten largest made up 40.91% of assets.

By sector

• Over the three months to Jun 30, 2026, investors withdrew a net $56.3M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: +11.26%, +5.36%, -1.44%.

XVV tracks the S&P 500 Sustainability Screened Index, built by S&P Dow Jones Indices. The index starts with the S&P 500 and drops companies that own fossil fuel reserves, such as coal, oil, natural gas and shale. It also drops companies with set levels of revenue or ownership involvement in tobacco, controversial weapons, small arms, oil sands, shale energy and thermal coal. Companies that the research firm Sustainalytics judges to break the United Nations Global Compact, a set of principles on human rights, labor, the environment and corruption, are cut too. An index committee can also remove a company flagged for problems such as fraud, labor disputes or environmental disasters. A company removed this way stays out for one full calendar year.

The remaining stocks are weighted by float-adjusted market value. That means larger companies get larger weights, counting only shares that are available to trade. The index rebalances every quarter, after the third Friday of March, June, September and December. The screens are rechecked about a month before each rebalance.

BlackRock uses representative sampling, so the fund may not hold every stock in the index. It generally keeps at least 90% of its assets in index stocks. It can use futures, and as of June 30, 2026 it held a very small position in S&P 500 micro futures. It can also lend out up to one-third of its assets. The prospectus reports portfolio turnover of 4%.

• XVV charges 0.08% a year, versus an average of 0.06% for the similar funds below (6th of 9, cheapest first).
• Using the prospectus's standard example, $10,000 invested would cost about $8 in the first year and $103 over 10 years (assuming a 5% annual return).

XVV holds 443 large U.S. companies at a low cost, so it can serve as a broad stock core for investors who want fossil fuel, tobacco and weapons screens.

XVV owns the large U.S. companies of the S&P 500, minus the ones its screens remove, but it does not protect against losses. In the 2022 bear market it fell 27% between January 3 and October 12, 2022, and took about 14 months after that low to recover, in December 2023. It returned -21.46% for calendar 2022. The fund launched in September 2020, so it has no record from the 2008 crisis or the 2020 COVID crash. A retiree who had to sell shares in late 2022 would have locked in those losses. Income is small: the trailing 12-month yield was 0.92% as of October 27, 2026, paid quarterly. In the SEC's standard $10,000 example, costs come to $8 after one year and $103 over 10 years. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.