JUST: ESG ETF Doing The Job, But Not The Best

(6min)

Summary

  • JUST ETF tracks a Russell 1000-based ESG index, offering exposure to large-cap U.S. stocks with a focus on ethical business behavior.
  • Performance, risk, and fundamentals closely mirror the parent index, making JUST a viable alternative for investors prioritizing ethics without sacrificing returns.
  • JUST ranks mid-pack among large-cap ESG ETFs, trailing at least two of them in recent performance, fees, and trading volume.
  • Industry-neutral weighting may limit ethical impact; other ESG funds allow industry underweights, potentially aligning better with ethical investing goals.
  • Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here »

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Strategy

Goldman Sachs JUST U.S. Large Cap Equity ETF (JUST) was launched on 6/7/2018 and tracks the JUST U.S. Large Cap Diversified Index, based on a data-driven environmental, social, and corporate governance (“ESG”) investing approach. JUST has 464 holdings, a 30-day

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This article was written by

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Fred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010.

Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMZN, GOOGL, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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