EAOM is part of the ESG-oriented ETF suite with target-risk strategies offered by iShares. The fund invests in other ETFs, primarily of iShares, aiming for exposure that is consistent with the funds risk tolerance as determined by the BlackRock ESG Aware Moderate Allocation Index. The underlying ETFs are principles-based-selected, meaning equity and fixed income securities are evaluated based on their favorable ESG practices. The index uses a fixed allocation strategy of 60% to USD-denominated investment-grade fixed income ETFs and 40% to all-cap global equity ETFs which aims to represent a risk profile that is moderately conservative.index rebalances semi-annually to maintain the exact same allocation.