ESGV ETF

The S&P 500 Index outperformed the Vanguard ESG U.S. Stock ETF in the first half of 2024. This Vanguard ETF is a good option for investors looking to replace the S&P with a fund more tightly focused on socially responsible companies.

Vanguard ESG U.S. Stock is an affordable ETF that targets companies with strong ESG performance. Since its launch in 2018, ESGV has shown similar returns to the S&P 500 index. The fund's emphasis on small-cap stocks and growth may lead to slightly increased volatility and potentially higher long-term returns.

ETFs Which Have The Best Chance Of Outperforming For The Rest Of 2024

Vanguard ESG U.S. Stock ETF follows an environmental, social, and corporate governance (“ESG”) approach. The sector breakdown is close to the S&P 500 index, but valuation and growth metrics are slightly inferior. While ESGV has performed similarly to the S&P 500 since its inception, it has outperformed the benchmark and its competitors in 2023.

Investing with a conscience is more than a trend, it's a smart strategy. In 2023, the best ESG ETFs to buy are not just ethical choices, they're financially sound ones too.