‘Doing more good’ stock exchange-traded funds (ETFs) are a great way to invest part of your portfolio in themes like renewable energy or water. These ETFs are much less diversified that their ‘doing less evil’ counterparts, and sustainable investors should be deliberate about how much they invest. Here are some ‘doing more good’ stock ETFs that should appeal to sustainable investors.
List of “doing more good” stock ETFs in Canada:
| Fund Name | Ticker | MER | ESG Risk | Carbon Intensity | % Fossil Fuel Revenues |
|---|---|---|---|---|---|
| BMO Clean Energy Index ETF | ZCLN | 0.4 | 26.07 | 726.5 | 8.2 |
| Harvest Clean Energy ETF | HCLN | 0.45 | 25.71 | 408.7 | 4.4 |
| CI First Asset MSCI World ESG Impact ETF (Unhedged) | CESG.B | 0.4 | 20.82 | 80.2 | 0.1 |
| iShares Global Water Index ETF | CWW | 0.66 | 24.84 | 186 | 0.3 |
| AGF Global Sustainable Growth Equity ETF | AGSG | 0.73 | 21.33 | 82.6 | 0.1 |
| First Trust NASDAQ Clean Edge Green Energy ETF | QCLN | 0.79 | 27.38 | 153.8 | 0.7 |
Glossary
Ticker = the 3 or 4 letter symbol that is unique to that ETF
MER = Management Expense Ratio (annual fee) from Morningstar
ESG Risk = ESG Risk Rating from Morningstar
Carbon Intensity = tons of CO2 emissions per million dollars in sales from MSCI
% Fossil Fuels = % Brown Revenues from MSCI
For the complete data set, please refer to our very very nerdy Google Sheet