iShares ESG Advanced MSCI USA ETF (USXF) is an exchange-traded fund that seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities exhibiting favorable environmental, social and governance (ESG) ratings while applying revenue-based screens to exclude companies with involvement in controversial business activities such as fossil fuels, tobacco, alcohol, weapons, adult entertainment, nuclear power, civilian firearms and gambling; the underlying MSCI USA Extended ESG Focus Index measures the equity performance of U.S. companies that pass extensive ESG screens and exhibit strong environmental stewardship, positive social impact and sound corporate governance practices. Launched on June 16, 2020 and sponsored by BlackRock, Inc. through its iShares brand, with management by BlackRock Fund Advisors and a low expense ratio of 0.10%, USXF provides investors exposure to a diversified portfolio of approximately 300 holdings across sectors including information technology, financials, health care, industrials and consumer discretionary, with top positions typically in leading ESG-aligned names such as NVIDIA Corp., Broadcom Inc., Visa Inc., Home Depot Inc. and Advanced Micro Devices Inc.; the fund emphasizes sustainable investing by prioritizing companies with lower carbon intensity and higher sustainable impact solutions exposure, targeting institutional and retail investors focused on responsible U.S. equity strategies. USXF operates exclusively in the U.S. market, listing on the Nasdaq exchange with assets under management of approximately $1.20 billion to $1.30 billion as of late 2025, delivering growth-oriented performance aligned with large-cap growth benchmarks while maintaining non-diversified status under Regulated Investment Company tax classification. Recent developments include a quarterly distribution declaration of $0.1785 per share payable in December 2025, reflecting ongoing yield generation amid strong year-to-date total returns of around 16% and one-year returns exceeding 17%; the fund has benefited from BlackRock's broader strategic expansions, such as the June 2025 completion of the HPS Investment Partners acquisition enhancing private credit capabilities, alongside routine product updates and positive technical momentum heading into 2025 Q3 reporting, with no major reorganizations or new launches specific to USXF but sustained growth in AUM driven by investor demand for advanced ESG equity exposure. Headquartered in New York alongside its parent iShares Trust, USXF continues to serve as a key offering in BlackRock's extensive lineup of over 300 iShares ETFs focused on sustainable and thematic investing.