Socially responsible ETFs invest in the equity of companies that consider financial returns as well as social good. The term 'socially responsible' is used broadly to cover principles such as company ethics, environmental friendliness and human rights.
With 209 ETFs traded on the U.S. markets, Socially Responsible ETFs have total assets under management of $89.88B. The average expense ratio is 0.38%. Socially Responsible ETFs can be found in the following asset classes:
- Fixed Income
- Equity
- Commodities
- Asset Allocation
The largest Socially Responsible ETF is the iShares ESG Aware MSCI USA ETF ESGU with $14.19B in assets. In the last trailing year, the best-performing Socially Responsible ETF was GRN at 10.02%. The most recent ETF launched in the Socially Responsible space was the Goldman Sachs Community Municipal Bond ETF GMUN on 03/07/23.