Morningstar

Sustainable Index Funds

Sustainability-focused mutual funds and ETFs consider environmental, social, and governance (ESG) factors at some level when selecting the stocks or bonds of a company for inclusion in a portfolio. Here we higlight passive fund and ETF portfolios. Index funds and ETFs generally don’t try to beat the market by opportunistically buying or selling securities. Rather, they simply invest the assets of the fund or ETF to mirror the construction of an index, giving investors a way to gain exposure to a specific part of the markets. Index funds generally have lower relative costs compared with actively managed offerings.

Screen With Investor

	Name	Morningstar Category	Medalist Rating Overall	Morningstar Rating for Funds Overall	Portfolio ESG Risk Rating	Total Return 1 Year	Total Return 3 Year	Total Return 5 Year	Adjusted Expense Ratio
	Amplify Etho Climate Leadership U.S. ETF ETHO	Mid-Cap Blend				42.25%	16.62%	6.97%	0.450%
	Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF CDEI	Large Blend				25.91%	19.92%	—	0.140%
	Impact Shares NAACP Minority Empowerment ETF NACP	Large Blend				37.55%	26.44%	15.42%	0.490%
	Impact Shares Women’s Empowerment ETF WOMN	Large Blend				17.50%	14.97%	9.48%	0.750%
	Invesco WilderHill Clean Energy ETF PBW	Small Growth				49.60%	−1.03%	−14.26%	0.640%
	State Street® SPDR® MSCI USA Gender Diversity ETF SHE	Large Blend				32.27%	23.03%	10.41%	0.200%
	Xtrackers MSCI USA Climate Action Equity ETF USCA	Large Blend				17.13%	19.79%	—	0.070%

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