[OC] ETFs are increasingly popular in recent years - what are the biggest players?Submitted by giteam t3_ym0yjv in dataisbeautiful
Mountain-Lecture-320 t1_iv18b89 wrote
🤮 vanguard
It's a shame none of the fossil fuel and defense free ETFs make the cut yet.
jonnysteps t1_iv1f3p2 wrote
I'm curious. Why 🤮 for vanguard?
Mountain-Lecture-320 t1_iv1p5si wrote
Their US PAC donations and leadership. They're like cartoon bad guy sometimes, and their peers listed here are tame or even decent by comparison.
Maakus t1_iv1pb3b wrote
Vanguard is a successful fund however I think their issue with the fund is that they contribute to defense and fossil fuel stocks that one could argue are not acceptable/sustainable for the future of mankind.
scheav t1_iv2xete wrote
I'll make sure to buy some extra Vanguard funds containing defense and fossil fuel stocks to make up for your boycott. Maybe they should come up with a fund containing only those.
[deleted] t1_iv1rbbp wrote
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Mountain-Lecture-320 t1_iv1wlpd wrote
By using a royal we, do you mean to assert that consumer demand is the sole market force that perpetuates the existence of oil and guns?
[deleted] t1_iv2un28 wrote
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BigDataBoy t1_iv2f9n8 wrote
Think you need to watch this my guy:
If we undervalue companies you don’t like, someone else has a significantly higher expected return by investing in them. Thus, the marketplace is still efficient. Thematic etfs are just a way to make Wall Street richer by charging higher ER.
Mountain-Lecture-320 t1_iv2i6pe wrote
He did not make the same assertions as you have. None of what he said is surprising to me nor contrary to my existing knowledge on the topic.
I recognize he points to an error in my "fossil fuel and defense free" statement, that it rarely/never is so cut and dry.
Being flatly unwilling to trade in blood money is a fundamental values-based approach that requires no economic justification.
Eiknarf95 t1_iv1lmtv wrote
Invesco has a Solar ETF ($TAN), I’m not sure how QQQ is on clean energy and defense free though
Mountain-Lecture-320 t1_iv1obvh wrote
SPDR has $SPYX, also not listed. QQQ doesn't seem to have energy or defense represented in any great proportions, so my prior assertion about fossil fuels and defense may not be right.
AugmentedLurker t1_iv8wyk5 wrote
>defense free
Why would you not invest in defense during some of the absolute largest surges in defense spending in decades...
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