- iShares S&P Global Clean Energy Index (NYSEArca: ICLN): up 7.5% in the last month
Pax World Management Corporation has licensed some FTSE KLD indexes as benchmarks for possible future international ESG ETFs. The registrations are awaiting approval by the Securities and Exchange Commission. The funds’ expected expense ratios are 0.55%.
Presently, there are no index and/or passive asset class alternative that targets mid- or small-cap stocks, and there are no international options with broad, secular ESG screens that are ex-U.S.
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Max Chen contributed to this article.