iShares Fund Offers Global Diversification With ESG Focus

iShares Core MSCI World ex Australia ESG (AUD Hedged) ETF (ASX:IHWL) is an exchange-traded fund that provides exposure to developed-market companies outside of Australia, while incorporating environmental, social, and governance criteria.

The fund tracks an MSCI World ex Australia ESG-screened index, which excludes companies involved in activities such as controversial weapons, tobacco, and certain fossil fuel-related activities. This approach offers investors a way to access international growth opportunities while reducing the impact of Australian dollar movements on returns.

IHWL's one-year gain was 15.08% as of August 27, 2026, and its indicated dividend yield stood at 5.48%. The fund's currency-hedged structure may appeal to investors seeking international exposure without directly taking a position on movements in the Australian dollar.