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 102 ETFs traded in the U.S. markets, Socially Responsible ETFs gather total assets under management of $32.42B. The average expense ratio is 0.41%. Socially Responsible ETFs can be found in the following asset classes:
- Asset Allocation
- Fixed Income
The largest Socially Responsible ETF is the iShares ESG MSCI U.S.A. ETF ESGU with $7.12B in assets. In the last trailing year, the best performing Socially Responsible ETF was the GRNTF at 205.09%. The most-recent ETF launched in the Socially Responsible space was the Trend Aggregation ESG ETF TEGS in 05/08/20.