Barron’s: “Ethical Funds Hang in There During Market Jitters”
By admin_45 in IN THE NEWS
Excerpt from Barron's latest article quoting DataTrek Research: ..... "Three of the biggest diversified ESG-focused exchange-traded funds holding U.S. stocks— iShares MSCI KLD 400 Social ETF (ticker: DSI), iShares MSCI USA ESG Select ETF (SUSA), and the iShares ESG MSCI USA ETF (ESGU)—have, for the most part, matched the S&P 500 over the past month, notes Nicholas Colas, co-founder of DataTrek Research. The S&P 500 isn’t exactly the perfect benchmark for the trio of ESG ETFs, given that they track different MSCI indexes. “Still, comparing ESG-focused funds to the index allows us to compare ‘ethical’ investing to ethics-neutral returns,” Colas notes"..... Read the rest of Nick's quotes and the article here in Barron's!