ETF providers have been paying increasing attention to the socially conscious investing space.
While assets haven’t exploded in the way many fund managers may have hoped, it hasn’t stopped providers from trying to fill this need for interested investors. This week, a pair of ESG funds debut, including the new military-themed ETF from Pacer.
Here are this week’s new fund launches:
| Ticker | Name | Issuer | Launch Date | ETFdb.com Category | Expense Ratio |
|---|---|---|---|---|---|
| (QARP) | Xtrackers Russell 1000 U.S QARP ETF | Deutsche Asset Management | 04/05/2018 | Large-Cap Growth Equities | 0.19% |
| (PULS) | PGIM Ultra Short Bond ETF | Prudential (PGIM Investments) | 04/05/2018 | Corporate Bonds | 0.15% |
| (RAAX) | VanEck Vectors Real Asset Allocation ETF | VanEck | 04/09/2018 | Diversified Portfolio | 0.74% |
| (VETS) | Pacer Military Times Best Employers ETF | Pacer Financial | 04/10/2018 | Large-Cap Blend Equities | 0.60% |
| (ESML) | iShares MSCI USA Small-Cap ESG Optimized ETF | iShares | 04/10/2018 | Small-Cap Growth Equities | 0.17% |
The Military Times Best for Vets Employers Survey is conducted annually and looks to identify companies that make the greatest efforts in military recruiting, company culture, reservist policy, and military and veteran family policy.
This survey is the basis for the Pacer Military Times Best Employers ETF (VETS n/a). Companies that meet certain market-cap and liquidity thresholds and have been named a “Best for Vets” company for three consecutive years qualify for inclusion in the fund’s index. Components within the index are equal-weighted and reconstituted once a year in September. As a bonus, 10% of the fund’s management fee will be donated to veteran-related charities.
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