Not surprisingly, the new Vanguard ETFs will have low fees. The domestic ESG offering will sport an annual fee of just 0.12%, or $12 on a $10,000 investment, while the ex-US fund will charge 0.15% per year. That makes both among the least expensive ESG funds.
“In the development of the benchmarks, FTSE screens its broad domestic and international stock indexes and excludes stocks of companies in the following industries: adult entertainment, alcohol, tobacco, weapons, fossil fuels, gambling, and nuclear power,” according to Vanguard.
These will be the first ESG ETFs offered by Vanguard.
For more information on socially responsible investment strategies, visit our socially responsible ETFs category.