iShares Climate Conscious & Transition MSCI… (USCL) Valuation
USCL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.4 trailing earnings
- Forward P/E
- 21.4 analyst estimates
- Price / sales
- 4.24
- Price / book
- 6.35
- EV / EBITDA
- 17.9
- Earnings yield
- 3.65% inverse of P/E
- Dividend yield
- 1.03% of the holdings
- Return on equity
- 23.1% combined
- Net margin
- 15.5% combined
- Beta
- 1.18 weighted, vs S&P 500
USCL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| USCL | 27.4 | 21.4 | 4.24 | 6.35 | 1.03% | 23.1% | 15.5% | 1.7% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
USCL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 41.7% | 34.0 | 25.5 | 9.60 | 13.09 | 0.56% | 38.5% |
| Communication Services | 10.8% | 17.9 | 19.1 | 5.08 | 5.06 | 0.71% | 28.3% |
| Healthcare | 10.6% | 37.4 | 18.0 | 2.03 | 5.70 | 1.58% | 15.3% |
| Consumer Cyclical | 9.7% | 28.5 | 24.8 | 3.06 | 6.85 | 0.63% | 24.0% |
| Financial Services | 9.6% | 17.8 | 14.8 | 4.08 | 3.07 | 1.55% | 17.2% |
| Industrials | 6.2% | 29.9 | 22.8 | 3.57 | 7.13 | 1.14% | 23.9% |
| Consumer Defensive | 4.3% | 29.4 | 22.6 | 1.84 | 6.32 | 2.19% | 21.5% |
| Energy | 2.0% | 20.9 | 14.8 | 2.22 | 2.50 | 2.50% | 12.0% |
| Real Estate | 1.7% | 32.0 | 33.8 | 6.99 | 3.46 | 3.37% | 10.8% |
| Utilities | 1.6% | 19.6 | 15.5 | 2.81 | 2.12 | 2.94% | 10.8% |
| Basic Materials | 1.4% | 25.1 | 17.1 | 2.93 | 3.79 | 1.30% | 15.1% |
USCL earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How USCL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
USCL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 9.45% | 39.4 | 35.2 | 10.7 | 0.31% | 6.59% |
| NVDA | NVIDIA Corporation | 9.19% | 27.1 | 24.9 | 17.1 | 0.47% | 9.33% |
| MSFT | Microsoft Corporation | 6.74% | 29.5 | 25.1 | 11.8 | 0.74% | 6.28% |
| AMZN | Amazon.com, Inc. | 4.54% | 20.1 | 23.6 | 3.5 | — | 6.21% |
| GOOGL | Alphabet Inc. | 3.42% | 17.1 | 22.8 | 9.3 | 0.26% | 5.50% |
| GOOG | Alphabet Inc. | 2.90% | 16.9 | 21.8 | 9.2 | 0.26% | 4.71% |
| META | Meta Platforms, Inc. | 2.67% | 26.7 | 22.1 | 7.9 | 0.30% | 2.75% |
| AVGO | Broadcom Inc. | 2.63% | 43.3 | 19.4 | 17.6 | 0.79% | 1.67% |
| TSLA | Tesla, Inc. | 1.93% | 328.4 | 158.7 | 13.5 | — | 0.16% |
| LLY | Eli Lilly and Company | 1.85% | 42.2 | 24.4 | 14.1 | 0.55% | 1.21% |
| AMD | Advanced Micro Devices, Inc. | 1.53% | 134.9 | 39.5 | 20.9 | — | 0.31% |
| V | Visa Inc. | 1.30% | 34.3 | 24.0 | 17.0 | 0.67% | 1.04% |
| JPM | JPMorgan Chase & Co. | 1.20% | 14.2 | 13.5 | 4.7 | 1.94% | 2.32% |
| JNJ | Johnson & Johnson | 1.19% | 38.8 | 21.0 | 6.2 | 2.10% | 0.84% |
| WMT | Walmart Inc. | 0.96% | 43.0 | 38.0 | 1.3 | 0.83% | 0.61% |
| MA | Mastercard Incorporated | 0.93% | 34.0 | 24.2 | 15.4 | 0.56% | 0.75% |
| ABBV | AbbVie Inc. | 0.92% | 80.6 | 16.4 | 7.8 | 2.42% | 0.31% |
| PLTR | Palantir Technologies Inc. | 0.83% | 160.4 | 85.5 | 72.6 | — | 0.14% |
| CSCO | Cisco Systems, Inc. | 0.78% | 32.2 | 19.8 | 6.7 | 1.56% | 0.66% |
| PG | The Procter & Gamble Company | 0.75% | 24.1 | 21.2 | 4.3 | 2.73% | 0.85% |
| UNH | UnitedHealth Group Incorporated | 0.71% | 25.8 | 16.6 | 0.8 | 2.31% | 0.76% |
| MRK | Merck & Co., Inc. | 0.66% | 115.8 | 15.3 | 5.4 | 2.33% | 0.16% |
| XOM | Exxon Mobil Corporation | 0.66% | 23.0 | 14.8 | 2.0 | 2.30% | 0.79% |
| KO | The Coca-Cola Company | 0.66% | 28.2 | 25.3 | 8.1 | 2.26% | 0.64% |
| HD | The Home Depot, Inc. | 0.58% | 21.5 | 19.8 | 1.8 | 3.01% | 0.74% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About USCL valuation
Adding up its 391 holdings with company data, USCL trades at 27.4 times trailing earnings and 21.4 times analysts' forward estimates, with a price-to-book ratio of 6.35 and a dividend yield of 1.03%. Its earnings yield of 3.65% is 1.68 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 45.3% of the fund and earn 44.4% of its combined profit. By sector, Healthcare is the most expensive at 37.4 times earnings and Financial Services the cheapest at 17.8. Companies that lost money over the past year are 1.7% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: USCL chart, USCL performance, USCL holdings, USCL dividends.
USCL valuation FAQ
What is the P/E ratio of USCL?
Based on its holdings, USCL has a trailing P/E of 27.4 and a forward P/E of 21.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of USCL?
The trailing earnings yield is 3.65% (1 ÷ P/E) and the forward earnings yield 4.68%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is USCL more expensive than the S&P 500?
USCL trades at 27.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.4 and 19.9.
What is the price-to-book ratio of USCL?
The holdings of USCL trade at 6.35 times book value, with a combined return on equity of 23.1%.
Which sector in USCL has the highest P/E?
Healthcare has the highest P/E at 37.4 and Financial Services the lowest at 17.8.