Environmental, social and governance principles are starting to gain traction in the ETF industry as more investors look to socially responsible investing to enhance portfolios and do good along the way.
“It’s nothing new. At DWS, we’ve got a 20-year history in responsible and social investing,” Luke Oliver, Head of U.S. ETF Capital Markets at DWS, said at the Charles Schwab IMPACT 2018 conference.
DWS recently launched the Xtrackers MSCI EAFE ESG Leaders Equity ETF (NYSEArca: EASG), an ETF that tracks an index designed to provide exposure to companies with high ESG-related performance relative to their sector peers. Specifically, the underlying index is based on MSCI ESG Ratings, MSCI ESG Controversies and MSCI Business Involvement Screen Research to determine index components.