Scientific Beta

Dollars and Sense: "Scientific Beta found that the average annual return for ESG ETFs was 0.2 percentage points lower than for comparable non-ESG ETFs. Although ESG ETFs outperformed by a margin of 4.2 percentage points in 2020, this was an anomaly, and such outperformance was not consistently delivered over the long term."

Dollars and Sense 06/05/2024

"(...) Scientific Beta, an index provider and consultancy linked to the Edhec-Risk Climate Impact Institute, analysed the performance data of all US equity ETFs classed as ESG or ‘socially responsible.’ These ETFs are domiciled in North America or Europe, and the analysis covered the period from 2012 to the end of 2022. Scientific Beta found that the average annual return for ESG ETFs was 0.2 percentage points lower than for comparable non-ESG ETFs. Although ESG ETFs outperformed by a margin of 4.2 percentage points in 2020, this was an anomaly, and such outperformance was not consistently delivered over the long term. (...)"