Excerpt from Business Insider, January 8, 2020
• The S&P 500 is up 27% over the past year, but several environmental, social, and governance-focused (ESG) funds have trounced the key index over the same period.
• Interest in ESG investing soared through 2019, with traders piling billions of dollars into the vehicles each quarter, according to Morningstar data.
• The surge in popularity fueled a debate between ESG fans and those who believe companies should prioritize investor returns over all else.
• Here are the 20 ESG ETFs that beat the S&P 500 over the past year, ranked in ascending order.
The S&P 500 is up 27% over the past year, but some environmental, social, and governance-focused (ESG) funds have outperformed the surging US stock market over the same period.
Interest in ESG funds has soared in recent years as more investors look to use their capital for good. The relatively new type of investing covers everything from energy conservation to ending product testing involving animals. Last year was particularly explosive for ESG investing. Investors sank more than $4 billion into US ESG funds in each of the first three quarters of 2019, compared to $5.5 billion in all of 2018, according to ….
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Here are the 20 ESG ETFs that beat the S&P 500 over the past year, ranked in ascending order. Performance data is as of 1 p.m. ET Tuesday.
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1. Invesco WilderHill Clean Energy ETF