Ethical investing ETF historical chart studies depict strong correlation between government renewable subsidies and fund NAV appreciation. Current policy optimism fuels expectations for another rally leg. There are a couple themed exchange-traded funds (ETFs) that cater to the novelty of sin stocks, including AdvisorShares Vice ETF (VICE) and USA Mutuals Vice Investor (VICEX). But unlike the best index funds , these themed ETFs come with high expense ratios and lackluster performance. VICE has netted a 5-year return of about 4 percent, well below the overall market average, and with an expense ratio of 0.99 percent, you’re paying a premium for it, too. The iShares MSCI Global Sustainable Development Goals ETF seeks to track the performance of an index made up of companies that derive the majority of their revenue from products and services that address at least one of the world’s major social and environmental challenges as defined by the United Nations. These goals include climate action, education, clean water and more. ETF analysts have raised fair value targets for leading ethical investing ETFs following policy shifts favoring sustainable infrastructure. Current RSI levels indicate healthy bullish consolidation patterns.
