MSCI KLD 400 Social Index

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The MSCI KLD 400 Social Index was launched in 1990 and is designed to help socially conscious investors weigh social and environmental factors in their investment choices. It was founded by KLD's Amy Domini as the Domini 400 Social Index.

Contents

The MSCI KLD 400 Social Index is designed to provide exposure to the common stocks of companies that KLD determines have positive environmental, social and corporate governance (ESG) characteristics. The KLD400 consists of 400 companies drawn from the universe of the 3,000 largest U.S. public equities as measured by float-adjusted market capitalization. The index is composed approximately 90% of large cap companies, 9% mid cap companies chosen for sector diversification, and 1% small cap companies with exemplary social and environmental records.

The eligible universe for the KLD400 is the 3,000 largest U.S. companies (by float-adjusted market capitalization) in the U.S. equity market. KLD selects the eligible universe index on April 15 (or closest business day) of each year.

KLD defines U.S. equity as follows:

KLD follows the rules of the FTSE AWD USA Index.

The following types of equities are not eligible for the KLD400:

In 2010, it was renamed from FTSE KLD 400 Social Index to MSCI KLD 400 Social Index. [1]

Sector representation

GICS of components of the MSCI KLD 400 by market capitalization [2]

  Energy (1%)
  Materials (3%)
  Industrials (9%)
  Consumer Discretionary (8%)
  Consumer Staples (6%)
  Healthcare (10%)
  Financials (11%)
  Information Technology (39%)
  Communication Services (9%)
  Utilities (1%)
  Real Estate (3%)

The GICS breakdown is shown here. The index is highly concentrated - ie Information Technology makes up over 39% of the total market capitalization.

Total return (%) for each calendar year
Year

MSCI KLD 400 Social Index

201931.3
202020.8
202131.3
2022-21.7
202328.5

Selected constituents

Constituents which make up 70% of the total index weight.

Caption text
ConstituentSectorWeight (%) [3]
Abbvie Inc Health Care1.17
Accenture plc class AInformation Technology0.71
Adobe Inc Information Technology0.92
Advanced Micro Devices Inc Information Technology1.01
Alphabet Inc class ACommunication4.09
Alphabet Inc class cCommunication3.57
American Express Financials0.51
Amgen Inc Health Care0.63
Analog Devices Inc Information Technology0.45
Applied Material Inc Information Technology0.77
Blackrock Inc Financials0.45
Blk csh fnd treasury sl agencyCash and/or Derivatives0.42
Booking Holdings Inc Consumer Discretionary0.52
Bristol Myers Squibb Health Care0.33
Caterpillar Inc Industrials0.63
Charles Schwab Corp Financials0.43
Chubb Ltd Financials0.41
Cisco Systems Inc Information Technology0.73
CME Group Inc class AFinancials0.28
Coca-Cola Consumer Staples1
Colgate-Palmolive Consumer Staples0.29
Danaher Corp Health Care0.7
Eaton Plc Industrials0.5
Elevance Health Inc Health Care0.49
Equinix REIT IncReal Estate0.28
FIS (company) Financials0.17
Gilead Sciences Inc Health Care0.32
Home Depot Inc Consumer Discretionary1.35
Illinois Tool Inc Industrials0.28
Intel CorporationInformation Technology0.51
Intercontinental Exchange Inc Financials0.3
International Business Machines Co Information Technology0.61
Intuit Inc Information Technology0.65
Johnson Controls Industrials0.18
Kimberly-Clark Consumer Staples0.18
Lam Research Corp Information Technology0.53
Linde Plc Materials0.83
Lowes Companies Inc Consumer Discretionary0.5
Mastercard Inc class AFinancials1.45
McDonald's CorpConsumer Discretionary0.72
Merck & Co Inc Health Care1.29
Microsoft Corp Information Technology12.25
Morgan Stanley Financials0.46
Nike Inc class BConsumer Discretionary0.44
Nvidia Corp Information Technology12.93
Oracle Corp Information Technology0.89
Pepsico Inc Consumer Staples0.88
Phillips 66 Energy0.23
Procter & Gamble Consumer Staples1.54
Progressive Corp Financials0.47
Prologis REIT IncReal Estate0.41
Quanta Services Industrials0.16
Roper Technologies Information Technology0.23
S&P Global Inc Financials0.55
Salesforce Inc Information Technology0.88
Sempra Utilities0.19
Servicenow Inc Information Technology0.59
Sherwin Williams Materials0.28
Tesla Inc Consumer Discretionary2
Texas Instruments Information Technology0.69
Trane Technologies plc Industrials0.29
Union Pacific Corporation Industrials0.53
Verizon Communications Inc Communication0.65
Vertex Pharmaceuticals Inc Health Care0.49
Visa Inc class AFinancials1.68
Walt Disney Communication0.72
Xerox Information Technology0.01
Zoetis Inc class aHealth Care0.31

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References

  1. Announcement July 1, 2010 - ESG Indexes - MSCI
  2. "IShares MSCI KLD 400 Social ETF | DSI".
  3. https://finance.yahoo.com/quote/DSI/holdings/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADqaoIYu4N5FyirctdJ_LQCa5Yi7X-dUvov0mC74Ymv54sV3pOsQC3nUF0wjuFfMnYwd9j9wgFkbs72Zh5fWBw-5w8jt8HSXykOK5oBR4lfngrv3rdl7wGJwWesMtctC1SbWVaL_jbfYvK4GtMWobITFsFbJTark3pPz4bx76grF