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Moritz
@leveragegrinding
1Año·

The ESG ETFs are relatively random and make no sense from a return perspective is nothing new.


But after looking at the positions from one of the ETFs, questions arise as to what this is good for...


My favorite position in Vanguard's ESG global all cap with an 80billion market cap is. $NESTLE 😂

I wonder how many of the retail investors buying these ETFs have never looked at the positions?


(Why not just rename it random big cap, then at least

at least you know what is being bought)


#esg
#greenwashing

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32 Comentarios
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Mister_ultra@Mister_ultra
1Año
It's a bit like selling indulgences or Sebastian Vettel voting for the Greens. Do what you want in everyday life, but buy an ESG fund and you're among the good guys who save the world. Best medicine for your conscience.
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Max@WirecardCFO
1Año
@Mister_ultra Sweeping statement, which is unfortunately again only mood mongering. Fits well to the regulars' table here
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Moritz@leveragegrinding
1Año
@WirecardCFO nope, that's right. Even if it's a blanket statement.
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Max@WirecardCFO
1Año
@leveragegrinding Well, I don't think much of such sayings from the regulars' table. It certainly applies to some people, but not to the majority. It is a part to change your life: It's not the biggest impact either, but it's a decision for yourself. But hey, if you can get excited again, that's cool....
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Max@WirecardCFO
1Año
Well, but since ESG is also the least stringent standard, Nestle is generally not wrong either. ESG does not claim that every company makes the world a better place. But as soon as oil, weapons, coal and co. are removed, one has already cleaned up a lot. I don't understand the criticism of being bothered by 0.6 percent Nestle now.
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Moritz@leveragegrinding
1Año
@WirecardCFO Weapons are also inside 🙃☺️
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Max@WirecardCFO
1Año
@leveragegrinding where, please? Well, I don't see anything from Boeing, Lockheed and co. If I've missed something, that may of course be the case. But I think that your criticism is exaggerated.
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Moritz@leveragegrinding
1Año
@WirecardCFO there are more weapons than just Lockheed Martin. Italian weapons manufacturers etc. are inside 🤷🏽‍♂️
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Max@WirecardCFO
1Año
@leveragegrinding This is simply not correct. There is no weapons manufacturer from Italy in the entire list. Please show the manufacturers that are supposed to be there
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Max@WirecardCFO
1Año
@leveragegrinding I find this regulars' criticism just so weak: Only grumbling because you found 0.3% somewhere in some more critical companies. The majority is filtered and thus achieves its purpose
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Moritz@leveragegrinding
1Año
@WirecardCFO you are right, was from another comment. Absolutely purposeful to buy the ETF.
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Max@WirecardCFO
1Año
@leveragegrinding I hear irony. But please check the facts first
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GeldmitKopf@cashwithhead
1Año
I bought an ESG fund. Not because of the ESG criterion, but because the values were chosen so that they have pleased me. Pair of values had been missing but Nestle apple etc. was in it. Edit: with values missing is the comparison to the similar product without ESG meant
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Usuario eliminado
1Año
Comentario eliminado
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GeldmitKopf@cashwithhead
1Año
@BearStearnsCFO was not a world fund. Is nen dividend growth ETF and as long as I'm satisfied with the stock selection is you no matter whether the ESG or nothing write behind it.
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Enrique@Dividenden_Monteur
1Año
I would not have counted Carnival Corp as an ESG stock now either 😂 Plus the entire Japanese & Korean defense sector with $7011 and $329180
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Moritz@leveragegrinding
1Año
@Der_Dividenden_Monteur yes they invest a lot in green...🤡
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ToDaMoon@randomdude
1Año
Where does the assumption come from that ESG-filtered ETFs have worse returns than the unfiltered ones. In recent years, the opposite has been true, as tech stocks have been considered "clean", stayed in, and driven performance. Example: https://extraetf.com/de/etf-comparison?etf=IE00B4L5Y983,IE00BZ02LR44,LU1291108642
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Moritz@leveragegrinding
1Año
@randomdude well, with the same logic with which a randomly selected portfolio can outperform the overall market.
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ToDaMoon@randomdude
1Año
@leveragegrinding If you say that any portfolio has what it takes to outperform, you cannot at the same time claim that ESG filtering generally leads to underperformance.
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Moritz@leveragegrinding
1Año
@randomdude I am not claiming either one or the other, only that a randomly mixed etf makes little sense from an outperformance point of view.
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ToDaMoon@randomdude
1Año
@leveragegrinding How else to understand your opening statement "ESG makes no sense from a return perspective" other than that filtering leads to underperformance? If it didn't matter, there would be no need to mention it and no one would complain about outperformance. Basically, the point is a smokescreen - at least I haven't heard anyone serious claim that ESG leads to outperformance.
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ToDaMoon@randomdude
1Año
@randomdude As I said, outperformance in recent years has had its reasons, but whether it will stay that way remains to be seen.
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Moritz@leveragegrinding
1Año
@randomdude can not really understand what you mean, we represent the same point of view?
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Mor@Mo1111
1Año
Nestle is the absolute pioneer of CSV concepts The image as an evil corporation is just 20 years old
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Tobias Schuck@Schuckinator
1Año
@Mo1111 csv?
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Mor@Mo1111
1Año
@Schuckinator creating shared value
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Moritz@leveragegrinding
1Año
@Mo1111 inwiefern?
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Mor@Mo1111
1Año
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Moritz@leveragegrinding
1Año
@Mo1111 I will deal with it times
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Mor@Mo1111
1Año
All the steps that Nestlé took since 2006 are analysed to explain why and how did Nestlé successfully change the image of the company while increasing the total pool of value created, which is divided in both economic and social value along its entire value chain.
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news03@user03
1Año
Ey Sebastian Vettel is a sensitive topic with me, could immediately start vomiting at the double standards 🫣
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