|Bid||40.01 x 1000|
|Ask||41.79 x 900|
|Day's Range||41.78 - 42.03|
|52 Week Range||33.66 - 42.73|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.20%|
Exchange traded funds adhering to socially responsible investing (SRI) an environmental, social and governance (ESG) standards are proliferating. A compelling member of that fray is the Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) , which debuted last June. Socially responsible investment strategies allow people to invest in companies that they may personally believe in, but it does not mean that investors have to give up on returns to combine their beliefs with their investments.
Socially responsible ETFs are more than a fell good investment. Strategies that track companies with the best interest of Americans at heart have also turned around a better return. “America’s Most JUST Companies consistently outperform their peers in wages, job creation, work-life balance, environmental impact, and return on equity,” Martin Whittaker, CEO of JUST Capital, said in a note.
CHICAGO, Dec. 10, 2018 /PRNewswire/ -- JLL (JLL) today was named one of America's Most JUST Companies and, for the third consecutive year, the industry leader in real estate. The JUST Capital rankings encompass the 1,000 largest publicly traded companies in the U.S. and are based on one of the most comprehensive surveys ever conducted on public attitudes toward corporate behavior.
December 10, 2018 - Medtronic plc (MDT), the global leader in medical technology, today announced it has been named one of America`s Most JUST Companies in 2018, according to Forbes magazine and JUST Capital, a nonprofit that ranks publicly-traded corporations on the issues Americans care about most. Medtronic was ranked 61st on this year`s JUST 100: America`s Best Corporate Citizens list for outperforming its peers in areas such as fair treatment of employees, job creation, customer treatment, and product quality. To determine the ranking, Forbes and JUST Capital surveyed more than 81,000 Americans over four years and asked what people prioritize most regarding corporate behavior today.
Socially responsible ETFs that follow environmental, social and governance principles are more than just a feel-good investment strategy. “Companies and investors looking to gain an edge in today’s market should take a cue from the priorities of the American public,” Martin Whittaker, Chief Executive Officer of JUST Capital, said in a note. According to JUST Capital research, U.S. companies that try to uphold worker pay and treatment, customer experience, beneficial products, environmental impact, community support, job growth, and ethical leadership have cumulatively outperformed the Russell 1000 by 456 basis points, or 215 bp annualized, from November 2016 to September 2018.
In hindsight, it appears that The Goldman Sachs Group, Inc. ( GS) was biding its time and waiting to enter the exchange-traded fund (ETF) game with a winning set of offerings. The big bank and asset manager began to explore the exchange-traded note (ETN) space back in 2007, and it was only in 2015 that Goldman began its first ETF. This product – the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF ( GSLC) – has gone on to see tremendous success.
The ETF industry has gained huge popularity within just more than 20 years. Though the pace of rollout slackened a bit in 2016 as we saw close to 240 launches compared with approximately 300 in 2015, the issuances gathered steam again in 2017. More than 270 ETFs hit the market last year.Source: Investment Zen via Flickr (Modified)