Index ETFs that use an ESG (environmental, social and governance) screening process for stock selection are beating the S&P 500 return this year, but that is not proof that ESG is a proven investment approach. Tech stocks loom large.
Index funds that use an environmental, social governance stock-screening process are beating core S&P 500 index funds this year.Investors need to be aware that ESG bets can be concentrated in certain stocks and duplicate existing market holdings.
One short-term reason for increased interest: the year-to-date performance of many of these funds has been strong.is up over 27% year to date, through Nov. 13, according to Morningstar data, and that's compared to an S&P 500 ETF return of over 25% —is up 25% year-to-date, matching the market.
I want to make one thing clear: I am pro-environment, pro-equal rights for women and minorities, and pro-LGBT rights. I don't hunt, my wife won't wear fur, and we would never buy a backyard set made with redwood. I am not against the socially responsible investing approach and I've told clients that if owning ESG funds is the only way you'll stay invested, then it's not a bad way to go.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
The improved mood in financial marketsInvestors are shunning safe assets in favour of risky ones
Baca lebih lajut »
4 apps that help you invest in clean tech, gender equality, and a healthy planet - Business InsiderImpacting investing apps like Betterment, Ellevest, and Wealthsimple allow investors to allocate funds to particular causes.
Baca lebih lajut »
Staff exodus hits top U.S. transgender group on eve of 2020 election campaignA majority of employees have left the leading U.S. transgender advocacy group am...
Baca lebih lajut »
20 Gift Ideas for Your Stressed Out Loved OneCalming gifts for the person in your life who could use a little zen.
Baca lebih lajut »
Fraudsters Made $2 million In 4 Months Selling Fake Airbnb, Uber And Lyft Shares, DOJ ClaimsAn 86-year-old investor was one victim of an organization that sold fake pre-IPO shares for hot tech companies, prosecutors claim.
Baca lebih lajut »
Help, These Alien-Looking Creatures Are Really Owls and I Am Not OkayContrary to what a viral Twitter video may have you believe, barn owls aren't aliens. Or ghosts. Their spooky-looking adaptations help them survive in the wild.
Baca lebih lajut »