That's based on the SPDR S&P Oil & Gas Exploration & Production ETF and compares with a 7.9% gain in the S&P itself.
Over the same time period the Invesco Solar ETF (TAN) is up 20.0%
This makes marketing problematic for RIA's and fund managers who pitch both ESG and value investing as the E&P stocks were about as deep value as the market offered.
Don't even get me started on the poor confused souls who tout both low-cost passive investing and the inherently active ESG area. They are often reduced to incoherence and might be better off with a forthright "Just give me your money".
As to ourselves re: ESG, we lean toward a variation on John Wesley's Sermon 50, The Use of Money (1744) which contains the admonition:
"Earn all you can, Save all you can, Give all you can"
