While the premise of low carbon investing may seem opaque or too narrowly focused, the reality is the companies found in CRBN and LOWC are already familiar to investors. For example, LOWC’s top 10 holdings include six Dow components along with Apple (NasdaqGS: AAPL) and Wells Fargo (NYSE: WFC). [A New Low Carbon ETF]
Both ETFs were created for the U.N. Joint Staff Pension Fund and each charges 0.2% per year, according to the Journal.
SPDR MSCI ACWI Low Carbon Target ETF Top 10 Holdings
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Apple.