ESGU
iShares ESG Aware MSCI USA ETF
Mentions (24Hr)
0.00% Today
Reddit Posts
Am I in a position to tax loss harvest? Never done it before
Mentions
100%. But if you still want to be exposed to US market, a good start would be to choose funds avoiding MAGA or republicans interests like ESGU, NULG or PRBLX.
I personnally reduced my exposition to US market to 20% from 50%. I would also recommend to look for alternatives to QUU or VTI that doesnt support MA-GA or republicans interests like ESGU, NULG or PRBLX.
I would recommend avoiding funds like QUU or VTI that supports MA-GA or republicans interests. You might consider alternatives like ESGU, NULG or PRBLX instead.
Personnally, I reduced my USA exposure to around 20% from 50%. I also recommend looking out for alternatives to QUU and VTI that are not supporting MAGA or GOP interests like ESGU, NULG or PRBLX.
Ethics is pretty subjective and it'll make investing pretty difficult and not very worthwhile. Check out ESGU, ESGV, ICLN, and TAN and see if they may fit what you're looking for.
Excluding the sassiness about losing returns, this is the right answer. Institutions are the ones selecting companies to include in their ESG funds. Retail investors don’t really have that much of an impact on their own. Similar to 401k funds… some are great, others are not so great. It all just depends on your level of risk and how much it costs you. Examples of good ones: CSXRX, Vanguard ESGV, iShares ESGU. Example of a shitty fund: NEXTX.
My 2c: ESG was always about a new way for funds to market themselves, ultimately with the goal of growing their AUM. In reality, funds are a 'solved' space. ESG ETFs are majorly identical to regular ETFs, but it makes regular investors 'feel good' which is way to collect funds, and institutional investors are able to boast about their investments. Am I just making this up? Well compare ESGU, the ESG etf with 14bn AUM to IVV, the SP500 etf, and look at their historical performance - identical. Look at their holdings - almost exactly the same. The only major stocks they exclude are WMT, PM, BA, LMT, ADI - and all the others are a tiny % of the SP500. Imagine being able to drop a couple of major stocks from what is essentially the SP500 (well 300, they drop the smallest ones) and collecting 14bn - they get to charge a higher expense ratio too. 14bn * 0.15% = 21 million per year Fairly profitable when IVV only charges 0.03% expense ratio, and at $330bn AUM, it collects 99 million per year.
I guess I'm not sure of your point? I'm guessing you are referring to the headline of Tesla being removed from an ESG index and Exxon not, but that was the S&P Dow Jones ESG index, not Sustainalytics. Unfortunately Sustainalytics doesn't really have a public index or ETF that tracks one of their indices, so I can't compare that to the SPDJ index. However, MSCI has a ton of indices that are public and have ETFs as well that track it. TSLA and XOM aren't in here https://www.ishares.com/us/products/314365/ishares-esg-advanced-msci-usa-etf Tesla is in here, Exxon isn't https://www.ishares.com/us/products/315917/ishares-esg-screened-s-p-500-etf Both Tesla and Exxon are in here but Exxon is very underweight relative to it's market cap weight index https://www.ishares.com/us/products/318215/blackrock-u-s-carbon-transition-readiness-etf Tesla is in here, Exxon isn't https://www.blackrock.com/us/individual/products/325725/ishares-paris-aligned-climate-msci-usa-etf I will point out this ETF specifically and it is arguably the most popular ESG ETF (ESGU) https://www.ishares.com/us/products/286007/ishares-esg-aware-msci-usa-etf The name/idea is misleading, since this isn't an ESG screened index and instead, as it's name implies, it is "aware" of a company's ESG score but that's only a factor of it being included in the index. A true ESG ETF by iShares is the ESG Advanced (USXF) or ESG Screened (XVV)
Correct and you should yes. Also, you could still buy a large cap/all cap index fund if you wanted and be within the rules because ESGU has an ESG screen making it materially different than a standard large cap fund.
Hey there! I’ve been putting off my investment journey for years now as I’ve always been scared of the stock market but I’ve always been lurking here. Over the past few years I’ve saved 55k - 25 of which will go to my high interest rate student loans, I’ve paid off my car completely- the rest will be my emergency fund, so I will be okay no matter what the market does for a few years. But in addition to that I put away 3k and plan to put in $800 a month into ETFs. Yesterday I finally got over my fears and put money into the following: $1000 into VOO $777 into SPY $200 into QQQ $500 into KRBN And I want to put another $200-$400 into ESGU. I don’t need the money anytime soon and could sit on this potentially forever- but I was wondering what would be a smart strategy in my case to grow. I’m trying to be as safe as possible but the correction that’s happening right now has me a little worried- should I continue to invest little by little in each ETF? Is there one ETF I should prioritize over the other? What would be the smartest strategy? Should I put money in biweekly or monthly- and which has the best chance of weathering highs and lows. I’m sorry if this all seems very basic to answer- but any help would be appreciated!!!
Almost anything beats my -29% gains on the year. It’s been a rough year for me in the market. Entered the market in the middle of February this year. Literally bought in at the peak. I’ve since sold the positions I didn’t really like and have averaged down on the ones I truly believe in, but my portfolio is still hurting. My largest position by far currently is $OUST. I’m down 16% on $OUST at the moment, but I’ve extensive DD on them, and truly believe they’ll be a huge success. Their team is beyond impressive. Here’s to hoping 2022 and the rest of 2021 won’t be too brutal on me. Other positions currently are $AES, $CRSR, $BYSI, $DMAC, $ICLN, $ESGU (in my acorns account lol), and $VOO (in my long term portfolio that I won’t be touching for years). Should probably diversify my portfolio some more, but I believe in $OUST so much that they make up 65% of my portfolio at the moment. Could either be one of the dumbest or smartest decisions I’ve ever made. Only time will tell, but my DD has me convinced that $OUST is a winner long term.
ABBV for dividends, ESGU, JNJ, and SMH for growth. ORGN for innovation/disruption. The co-CEO has been touted as the Elon Musk of chemical engineering. The others I don’t own, except a few shares so far in FORG.
I was recommended ESGU by my financial advisor. Let him know I was interested in something like the Ark ETFs. I also got some SMH. Going to build those two up in my portfolio
In theory, ETFs like ESGE, ESGU, ESGV, USXF. Expense ratios on those vary between 0.10% and 0.25%.
Some ETFs like ESGU offer similar diversification and returns without some of the more problematic companies, although they still aren't perfect.
The UTMA/Custodial is taxed slightly different know as kiddie tax. It is slightly better than the standard brokerage tax on adults. Also it’ll be your child’s assets once you gift the money to the account. When the child turns 18 they can claim the account since. Is rightfully theirs. If you’re planning for expenses before 18, just make sure distributions are paid to or for the benefit of the minor. For first car and etc. Consult your tax advisor. For investments you will most likely have a pretty open platform to buy stocks, etfs mutual funds and so on. I’ve recently liked ESGU or ESGV. Looking to the future of ESG companies.
Hey, so I want to invest in the iShares ESG Aware MSCI USA ETF (NASDAQ:ESGU). I'm in Canada so I would prefer to purchase iShares ESG Aware MSCI USA Index ETF (TSX:XSUS), so I don't need to pay the currency exchange fee. The two funds appear to follow the same index and have only a few 0.1% differences in holdings.
Yeah. It's rough. I'm holding long term, don't want to sell for a loss. Overall, I'm only doing poorly on my individual stock picks though- ESGU (an index fund minus some "evil" companies) is my biggest holding and it's doing well, as index funds tend to. I've also done ok in that one type of investment that we're not supposed to talk about here.
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