Time for a fresh look at climate change ETFs
After heavy losses, company valuations in climate exchange-traded funds are more attractive to new investors. This is how to use them in a portfolio.
Investing for climate change has been a portfolio disaster in 2022. Many sustainability-themed exchange-traded funds (ETFs) have underperformed.
Climate ETFs typically favour tech stocks and avoid oil and coal. That was a bad trade in 2022 as technology shares tanked and energy companies soared.
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