Was Tesla Key to ESG Outperformance Last Year?
Maybe, but there were other factors at play.
In a tumultuous market, sustainable U.S. stock funds had the wind at their back in 2020, with help from their tilts toward the market's top-performing technology stocks and their avoidance of energy companies thanks to their environmentally friendly mandates.
Katherine Lynch does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.