DMXF
iShares ESG Advanced MSCI EAFE Index ETF
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I like EMXF from iShares. Over the lifespan of the fund, it has actually outperformed comparable non-ESG funds (such as Vanguard VWO for example). They also have DMXF for developed markets and USXF for US.
Easiest is buy an “ESG” fund. Calvert funds have the longest track record since the 1980s for [iirc] religious objectors but probably “active” management with their “non-vice” approach. Still Calvert are the long term players, but there’s various ESG-screen index ETFs at mostly iShares (too many to list here, but XVV, USXF, and DMXF are relatively low cost) .. but Vanguard released 2 recently. Thing with ESG is the companies have responded to them, so you get big oil companies but not a small solar company that can’t afford the HR. Another idea is direct indexing (Fidelity) where you hold the individual stocks .. screening the holdings of a top 50 (XLG) ETF or even top 100 global (ishares IOO) ETF against the top ESG large cap holdings (use VXX, USXF, DMXF). The late Jack Bogle theorized buying and holding such a DIY index could slightly beat the S&P 500 over time. Another idea is go with momentum index ETFs (Invesco’s SPMO is has the best returns) and rebalance annually. You can say you’re “selling” any problematic stocks; probably pair with something like low cost Vanguard or iShares core bonds for stability (iShares even has an ESG bond index .. basically big bank and Treasury bonds). May even be some green lending. Could combine the last 2 approaches too.
The iShares Aware strategy used in ESGD mostly weights for, but may not exclude for ESG factors. Try DMXF, which has stricter exclusion screens, and I believe excludes the two stocks you mention.
I myself DCA monthly in 40% USXF 40% DMXF 20% DMXF
I chose to avoid tobacco in my investments. I'm currently invested in DSI, USXF, QQQM, QQQJ, DMXF, and ESML for my broad index funds. You can check other funds on whether they're tobacco free through the MSCI esg fund ratings search tool
You have a lot of choices. If you want to do it yourself, you can buy ETFs. There are several types of ESG (environmental, social, governance) etfs: \- **Broad market ESG ETFs (including fossil free)** \- track overall market but have higher ESG scores. Many of these invest in fossil fuels but a new series of iShares ETFs (USXF, DMXF, EMXF) are fossil free. These can cover U.S., international, emerging market stocks. More info on fossil free funds [here](https://sustainfi.com/articles/investing/fossil-free-funds/) \- **Low-carbon ETFs** \- there are funds like CRBN and LCTU that also invest in the overall market but have much lower carbon intensity vs. S&P 500. These ETFs own fossil fuels, though. More detail [here](https://sustainfi.com/articles/investing/low-carbon-funds/) \- **Clean energy ETFs like ICLN and QCLN.** These ETFs invest in renewables, but they own few stocks and trade at high valuations. So you can't put all your money in them. Also, all of these ETFs own a lot of fossil fuels (because fossil fuel companies are often big investors in renewables) \- **Robo-advisors.** Betterment has a Climate Impact portfolio (more info [here](https://sustainfi.com/reviews/betterment/)), which invests in CRBN and other funds. Not 100% fossil fuel free, but lower carbon intensity vs. the market. You can also check out Socially Responsible Investing Pies from M1 Finance, that don't own a lot of energy. \- **Mutual fund / Aspiration** \- Aspiration is a green bank that doesn't fund fossil fuels. They offer a mutual fund, the Redwood Fund, that doesn't own fossil fuel stocks. You can check how much each fund invests in energy on [fossilfreefunds.org](https://fossilfreefunds.org) \- but would be careful because a lot of companies that are investing in green energy have legacy fossil fuel businesses. So if you just use a screen like that to choose your funds, you are forgoing a lot of businesses that are "solving" climate change
DSI, ESGU, ESML, USXF, DMXF, ESGD, ESGE. Basically, some proposed a model for me and my other option is VTSAX and then start to slowly diversify through VT funds. I already have international exposure in part through my 401k
Buying 100 shares of DMXF in honor of the king 👑