Chart of the Week- July 11, 2022
The Bottom Line: Expense ratios levied by active and passively managed sustainable diversified US equity funds are competitive, but size matters for index tracking funds. Expense ratio comparisons for active and passively managed diversified US equity ETFs and distribution of expense ratios for sustainable ETFs Expense ratio comparisons […]
Chart of the Week- July 4, 2022
The Bottom Line: Sentiment around ESG is taking a negative turn and based on various recent developments and actions, ESG is also becoming more politicized. States that have adopted anti ESG legislation, may be considering them or are leaning in that direction Observations: Sentiment around ESG has taken a negative turn and ESG is becoming […]
Chart of the Week- June 27, 2022
The Bottom Line: Nine of the top 10 fixed income ESG ETFs would likely be classified as ESG-Focused funds under the SEC’s proposed rule amendments. Top 10 sustainable fixed income ETFs and their expected SEC ESG-related classifications based on currently proposed rule amendments covering ESG funds Integration Fund ESG-Focused Fund Impact Fund None iShares ESG […]
Chart of the Week- June 20, 2022
The Bottom Line: The nine sustainable index ETFs launched so far this year indicate lower average expense ratios relative to funds listed prior to 2022. Average expense ratios of exchange traded funds launched prior to 2022 and 2022 Y-T-DNotes of Explanation: Expense ratios = arithmetic average, covering a total of 232 ETFs. Source: Morningstar Direct […]
Chart of the Week-June 13, 2022
The Bottom Line: Funds focused on investments based on their alignment with the UN’s SDGs are limited and they don’t address SDG contributions over time. Funds focused on alignment with UN Sustainable Development Goals (SDGs) Fund Name/Symbol AUM (M$) Expense Ratio (%) Description Impact Shares Sustainable Development Goals Global Equity ETF (SDGA) 5.3 0.75 An […]
Chart of the Week- June 6, 2022
The Bottom Line: The segment of sustainable municipal ETFs expanded in May and turned in positive monthly performance results for the first time in 2022. Sustainable municipal ETFs: Average total return performance January 1, 2022 – May 31, 2022 Notes of Explanation: The segment, identified by Sustainable Research and Analysis, consists of five funds: Franklin […]
Chart of the Week- May 30, 2022
The Bottom Line: S&P removed Tesla Inc. from the S&P 500 ESG Index in May but limited transparency regarding the decision contributes to ESG confusion. S&P 500 ESG Index top 10 holdings prior to and following removal of Tesla Inc. (TSLA)Source: S&P Down Jones reports and various index fund holdings reports. Percentages as of May […]
Chart of the Week-May 23, 2022
The Bottom Line: The top performing money market funds in April employ varying sustainable investing approaches, a factor contributing to the challenge of their classification. Sustainable investing approaches used by top performing money market funds-April 2022 Fund Name/Share Class TR (%) Sustainable Investing Approach Morgan Stanley Institutional Liquidity ESG Money Market Fund Cs/OK 0.05 ESG […]