Profitable rebellion
Nevertheless, Strive’s ETFs, and anti-ESG funds in the wider market, are almost all relatively new products (see figure 2 ), so some uncertainty remains regarding how the performance of these funds will develop. Analysts report that the high fees may be deterring investors, which Vanguard’ s founder John Bogle, the second largest asset manager worldwide, consistently noted the importance of minimizing to maximize long-term returns – something important that investors in an ETF, particularly an anti- ESG, i.e. anti- 'fad’ one, would be looking for.
So, which ETFs to invest in?
At over $480bn, 19 the global ESG ETF market is still only a fraction of the entire global ETF market, currently approaching $10tn AUM. The anti-ESG ETF market even smaller ($2.1bn). Therefore, there are multitudinous other ETF options offering both low-risk safe diversified investments ranging from, as discussed, ESG and anti-ESG ETFs, to riskier less-diverse niche ETFs such as ETFs investing in commodities tracking the price of fewer assets.
Conclusion
With a myriad of investment funds on the market in the ETF world, from those that claim to prioritize ESG factors, to those that truly prioritize ESG factors, research shows that what is certain is the uncertainty of claims made by asset managers in this ever-evolving industry. Always take your own due diligence before investing into any ETFs (especially those making nonsensical ESG claims).
19 See note 4.
172
Made with FlippingBook - PDF hosting