Chart of the Week – March 11, 2024
The Bottom Line: Sustainable funds in February benefited from the strong equity markets continuing since January, with 61 sub-categories, or 83%, posting positive average returns. Notes of Explanation: Average performance of sub-sectors covers sustainable mutual funds and ETFs. Sources: Morningstar Direct and Sustainable Research and Analysis LLC. Observations: Sustainable fund assets under management attributable to […]
Chart of the Week – March 4, 2024
The Bottom Line: Passively managed mutual funds and ETFs surpassed actively managed conventional funds in 2023 but sustainable funds are still dominated by active strategies. Notes of explanation: Sources: Long-term funds exclude sustainable money market funds. Morningstar Direct, Sustainable Research and Analysis LLC. Observations: According to Morningstar, passively managed funds, or index funds, surpassed actively […]
Chart of the Week – February 26, 2024
The Bottom Line: Mean expense ratios are lower, but average weighted expense ratios of sustainable, actively managed, large-cap funds are higher than conventional fund counterparts. Notes of Explanation: Universe includes actively managed sustainable and conventional mutual funds and ETFs, based on Morningstar classifications. Basis points =1/100 of 1%. Data as of December 31, […]
Chart of the Week – February 19, 2024
The Bottom Line: Of 75 sustainable fund categories covering all fund asset classes, only 30 categories, or 40%, posted average positive results in January 2024. Notes of Explanation: Left side displays leading sustainable fund categories while right side displays lagging sustainable fund categories. Red dots indicate the fund category’s total size in terms of […]
Chart of the Week – February 12, 2024
The Bottom Line: The worst ten performing funds in January, all thematic ETFs and ETNs focusing on renewable energy, posted an average decline of 22.4%. Notes of Explanation: Universe of sustainable funds includes mutual funds and ETFs. Funds are listed in descending order of performance based on January 2024 results. Volatility, which is not […]
Chart of the Week – February 5, 2024
The Bottom Line: Sustainable mutual fund and ETF investors interested in ESG integration may have to conduct research that extends beyond their fund’s prospectus language. Long-term sustainable funds vs. conventional funds and growth of sustainable fund assets in 2023 Notes of Explanation: Notes of explanation: Sustainable funds include long-term mutual funds and ETFs but […]
Chart of the Week – January 29, 2024
The Bottom Line: Sustainable investors with a greater tolerance for risk with cash can take advantage of higher returns available in short-term and ultrashort funds. Sustainable short-term, ultrashort and money market funds returns and volatility: 2023 Notes of Explanation: Average 12-month return and volatility applicable to sustainable short-term bond funds adjusted for one fund’s […]
Chart of the Week – January 22, 2024
The Bottom Line: Sustainable actively managed taxable bond funds gained an average of 7% in 2023, while returns by category ranged from 4.4% to 12.3%. Sustainable actively managed taxable fixed income funds by category: 1-M and 12-M TR% 2023Notes of Explanation: Average total return performance results apply to taxable actively managed sustainable fixed income mutual […]