Positive
Seeking Alpha
1 month ago
XVV: ESG Screening Without Sacrificing S&P 500 Tracking
XVV offers a conservative ESG screen, closely tracking the S&P 500 with minor alpha in certain market conditions, making it ideal for passive ESG investors. The ETF removes sectors like tobacco, fossil fuels, and controversial weapons, resulting in a tech-heavy, growth-aligned portfolio with minimal deviation from the S&P 500. XVV's expense ratio is competitive at 0.08%, and while yield is slightly lower than the S&P 500, tracking error and risk remain minimal.