7 ESG ETFs to buy for responsible investing

Summary

  • Exchange-traded funds (ETFs) can help expand your wealth while simultaneously controlling your risk.
  • They can also be a helpful addition for portfolio diversification as they generally include an assortment of stocks.
  • As the preference for ethical investing and environment-friendly stocks increases, it could be a good idea to explore some ETFs that adhere to Environmental, Social And Governance (ESG) standards.

Exchange-traded funds (ETFs), when chosen carefully, can help expand your wealth while simultaneously controlling your risk.

For investors looking to diversify their portfolios, ETFs can be a helpful addition as they generally include an assortment of stocks.

Now, as the preference for ethical investing and environment-friendly stocks increases, it could be a good idea to explore some ETFs that adhere to Environmental, Social And Governance (ESG) standards.

  1. iShares ESG Advanced MSCI USA Index ETF (TSX:XUSR)

iShares ESG Advanced MSCI USA Index ETF closed at C$ 59.4 on Tuesday, July 20, crossing its 52-week high of C$ 58.79 (July 07, 2021) by a per cent. It was also up 32 per cent from its 52- week low of C$ 45 (July 20,2020) .

The ETF jumped up 22 per cent in the last nine months and rose over 16 per cent year-to-date (YTD).

The Canadian index fund, which is managed by BlackRock Asset Management, was launched in April 2020.

It delivered a return of nearly six per cent in the last one month and returned nearly 13 per cent over the past six months. It also posted a return of 30 per cent in the past year.

The ETF has a sectoral weightage of 34 per cent invested in the technology sector, about 16.55 per cent in the financial sector, and 14 per cent in the consumer cyclicals sector.

  1. BMO MSCI USA ESG Leaders Index ETF (TSX:ESGY)

BMO MSCI USA ESG Leaders Index ETF closed at C$ 38.81 on July 21, nearly touching its last 52-week high of C$ 41.2 (July 13, 2021).

The ETF stepped up by almost a per cent week-to-date (WTD). It holds a return on equity (ROE) of 29 per cent, a return on asset (ROA) of 10.49 per cent and a price-to-earnings (P/E) ratio of 27.70, as per TMX

The index fund paid a quarterly dividend of C$ 0.12 on July 7, 2021. Its dividend yield stood at 1.23 per cent. 

  1. Desjardins RI USA – Low CO2 Index ETF (TSX:DRMU)

Desjardins RI USA – Low CO2 Index ETF is said to majorly focus on mid cap and large cap companies.

The ETF closed at C$ 30.2 on July 20, with a market cap of 108 million and about three million outstanding shares.

The Canadian fund paid a quarterly dividend of C$ 0.09 on June 30 this year. Its dividend yield stood at 1.17 per cent.

On the valuation metrics front, its ROE was 30.72 per cent and ROA was 10.05 per cent, as per TMX. Its P/E ratio stood at 27.3.

Copyright © 2021 Kalkine Media

  1. NBI Sustainable Global Equity ETF (TSX:NSGE)

At its closing price of C$ 37.46 on July 20, the ETF was hovering between its 52-week low of C$ 29.1 (July 8, 2020) and 52-week high of C$ 37.54 (July 7, 2021).

The Canadian fund’s price spiked by over four per cent in the last one month, and climbed nearly 15 per cent over the past nine months.

NBI Sustainable Global Equity ETF aims to bring long-term capital growth to its investors while adhering to an eco-friendly investment principals. It was launched on March 4 last year.

  1. Mackenzie Maximum Diversification All World Developed Index ETF (TSX:MWD)

Mackenzie Maximum Diversification All World Developed Index ETF closed at a value of C$ 30.1 on July 20, up by over 16 per cent from its 52-week low of C$ 25.91 (July 09, 2021).

The ETF climbed about four per cent in the last six month and jumped nearly 13 per cent in the past year. This year, it rose by over six per cent so far.

The index fund, which was launched in September 2016, held an ROE of 15.67 per cent and an ROA of 5.41 per cent, as per TMX.

  1. iShares ESG Equity ETF Portfolio (TSX:GEQT)

iShares ESG Equity ETF Portfolio closed at C$ 47.59 apiece on July 19, recording a gain of nearly 11 per cent for the past six months and that of about 13 per cent year-to-date (YTD).

At this closing price, the ETF was trading over 26 per cent above its 52-week low of C$ 38.09 (October 30, 2020).

The ETF, currently managed by BlackRock Asset Management and based in Canada, held an ROE of 20.99 per cent.

  1. Invesco ESG Canadian Core Plus Bond ETF (TSX:BESG)

After closing at C$ 19.6 on July 20, Invesco ESG Canadian Core Plus Bond ETF jumped nearly four per cent above its 52-week low of C$ 18.87 (March 18, 2021)

The ETF declined by three per cent in the last one year, but has increased by over two per cent in the last three months.

The Invesco ESG ETF pays a monthly dividend of C$ 0.039 to its shareholders. It last distributed this dividend on July 7.

Comment


Disclaimer

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK