From CNBC:

ESG funds prioritize top performers across industries while considering environmental, social, and governance factors. DWS Group’s Arne Noack explains that these funds, like the Xtrackers MSCI USA Climate Action Equity ETF, feature major tech stocks due to the sector’s sustainability. Despite myths, ESG funds do invest in vital industries like energy.

Global ESG funds experienced outflows in Q4 2023, but investor interest remains strong despite financial advisor hesitancy. Demand from individuals for ESG investing hasn’t waned, noting that it’s a long-term strategic approach. The Xtrackers MSCI USA Climate Action Equity ETF has shown growth of nearly 9% this year.



Read more: Mega-cap tech stocks dominate many ESG funds. Here’s why