You know that sustainable investing has entered the mainstream when Vanguard steps up its game.
In September, the firm launched two exchange-traded funds, Vanguard ESG U.S. Stock ETF (ESGV) and Vanguard ESG International Stock ETF (VSGX). The two have already grown to $417 million and $270 million in assets, respectively. I commented on the funds here. The firm had been in the ESG space for years with a single fund: Vanguard FTSE Social Index (VFTSX) launched in 2000, has $5.6 billion in assets, and earns a Morningstar Analyst Rating of Silver.
Jon Hale, Ph.D., CFA has a position in the following securities mentioned above: VFTSX. Find out about Morningstar's editorial policies.