The vanguard ESGV fund is, I think, similar to a total-market index fund but with fossil fuels removed, and it only has a very slight increase in management fees compared to their standard index funds (I think it’s expense ratio is 0.09).
However, like many index funds, it’s invested heavily into Nvidia, Google, Meta, Amazon, Tesla, Microsoft, Apple, etc. So a lot of that investment money isn’t going to ethical companies, and if the AI bubble pops, those funds will be hit fairly hard (along with the whole market).
The vanguard ESGV fund is, I think, similar to a total-market index fund but with fossil fuels removed, and it only has a very slight increase in management fees compared to their standard index funds (I think it’s expense ratio is 0.09).
However, like many index funds, it’s invested heavily into Nvidia, Google, Meta, Amazon, Tesla, Microsoft, Apple, etc. So a lot of that investment money isn’t going to ethical companies, and if the AI bubble pops, those funds will be hit fairly hard (along with the whole market).