Alternative Investments/ESG: New ETFs For ESG Investing From iShares
iShares launches a new suite of ESG-screened equity ETFs.
iShares launched September 24 its new suite of ESG screened ETFs that track S&P 500 sustainability indexes by market capitalization. Investors looking to keep their portfolios with a greater component of S&P tracked stocks but with a sustainable focus may find these new ETFs useful additions.
These new ETFs are:
- iShares ESG Screened S&P 500 ETF /S&P 500 Sustainability Screened Index/expense ratio 0.08%
- iShares ESG Screened S&P Mid Cap ETF/S&P MidCap 400 Sustainability Screened Index/expense ratio of 0.12%
- The iShares ESG Screened S&P Small-Cap ETF/S&P Small Cap 600 Sustainability Screened Index/expense ratio of 0.12% (ETF Trends)
Sustainable, risk-adjusted, and long-term investments
Investors can therefore choose the sector of the choice by market capitalization – whether large-cap, midcap, or small-cap. This can help them to build more risk-adjusted and better long-term portfolios.
In addition, screens for negative industries will avoid investing in fossil fuels, tobacco, small arms, and controversial weapons.
“Expanding our suite of sustainable funds is critical to help clients integrate ESG into their portfolios,” said Armando Senra, Head of iShares Americas. “Our product framework delivers clarity and options for clients to help achieve their investment objective(s).”
“We have partnered with index providers to innovate in both products and in analytics to construct ESG outcome-oriented portfolios with transparency into ESG risks and performance attribution,” said Carolyn Weinberg, Head of Global iShares Product. “We’ve added 38 sustainable ETFs this year globally, which sets the industry on a path to top $1.2 trillion in sustainable ETF and index mutual fund assets under management this decade.”
Related Story: The COVID-19 Pandemic Spurred ESG Investing To New Records
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