The Top-Rated Sustainable ETFs in 2024
From Morningstar: 2024-11-12 04:20:09
Looking to add a sustainable ETF to your portfolio? Start with these top-rated options in 2024, each with a unique approach to sustainability, exclusions, and inclusions, leaving investors with clear choices.
Consistency in strategy is key when selecting an ETF. Highlighting 10 top-rated ETFs with a Gold Morningstar Medalist Rating and strong returns this year, investors can choose from 72 share classes across sterling, euro, Swiss franc, and dollar currencies.
Among the top-rated sustainable funds are Xtrackers MSCI World Information Technology, SPDR MSCI World Technology, iShares MSCI World Information Technology Sector ESG, Fidelity US Quality Income, HSBC NASDAQ Global Semiconductor, iShares MSCI USA Value Factor ESG, iShares MSCI Europe Quality Dividend ESG, iShares MSCI EMU Paris-Aligned Climate, iShares Euro Total Market Growth Large, and iShares MSCI World Health Care Sector ESG.
The Xtrackers MSCI World Information Technology ETF rose 1.14% over the past month, beating its benchmark by 2.25 percentage points and showing strong performance over three and five years.
The SPDR MSCI World Technology ETF rose 1.46% in the past month, outperforming its benchmark by 2.57 percentage points and showing consistent growth over three and five years.
The iShares MSCI World Information Technology Sector ESG ETF rose 1.24% in the past month, exceeding its benchmark by 2.35 percentage points and demonstrating solid performance over three and five years.
The Fidelity US Quality Income ETF rose 0.89% in the past month and 20.49% year to date, showing steady growth over three and five years compared to its benchmark.
The HSBC NASDAQ Global Semiconductor ETF fell 1.47% in the past month but rose 19.24% year to date, reflecting its performance since its launch in January 2022.
The iShares MSCI USA Value Factor ESG ETF fell 2.44% in the past month but has gained 11.07% year to date, underperforming its category average.
The iShares MSCI Europe Quality Dividend ESG ETF fell 4.11% in the past month but rose 10.54% year to date, showing consistent growth over three and five years.
The iShares MSCI EMU Paris-Aligned Climate ETF fell 3.8% in the past month but gained 8.65% year to date, outperforming its category average.
The iShares Euro Total Market Growth Large ETF fell 4.85% in the past month but rose 6.58% year to date, demonstrating growth over three and five years.
The iShares MSCI World Health Care Sector ESG ETF fell 2.99% in the past month but gained 3.23% year to date, showing long-term growth over three and five years.
Read more at Morningstar: The Top-Rated Sustainable ETFs in 2024