FYI: In the land of ETFs, thematic investing is a burgeoning trend. Among the many themes you can access today in an ETF wrapper, morality is one of them, through ETFs focusing specifically on virtue and vice.
Does investing based on the Bible or in the darker world of guns, marijuana and alcohol, impact your results—for better or worse? Ultimately, it all hinges on what’s inside these ETFs. You’d expect their underlying holdings to be vastly different, and their returns to reflect that contrast. But is that the case?
For example, consider these two ETFs: the virtuous Inspire 100 ETF (BIBL) and the “sin stock”-stuffed AdvisorShares Vice ETF (ACT).
Regards,
Ted
https://www.etf.com/sections/blog/etf-vs-etf-vice-vs-virtue?nopaging=1
