Exchange-traded fund
Etho Climate Leadership U.S. ETF
TickerETHOMember of USSIFsocially responsible
Fund manager
ETFMG
Deforestation grade: Fund is invested in deforestation-risk banks and lenders and/or major consumer brands, but no holdings flagged for our deforestation-risk agricultural commodity producer/trader screen. Assigned a grade of B.
How we track deforestation-risk investments
B
3.58%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
10
holdings flagged
3.58%
of assets flagged
Member of the Forum for Sustainable and Responsible Investment
This asset manager is a member of the Forum for Sustainable and Responsible Investment, a group advancing sustainable, responsible, and impact investing.
Member of The Forum for Sustainable and ResponsibleInvestment icon
This fund contains
 $5.69 MILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
0 holdings
0% of assets
$0 invested
banks
Banks and lenders
0 holdings
0% of assets
$0 invested
consumers
Major consumer brands
10 holdings
3.58% of assets
$5.69 MILLION invested
No holdings icon
Commodity producers
0 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
No holdings icon
Banks and lenders
0 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
Major consumer brands
Major consumer brands
10 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
10 HOLDINGS
  • % of portfolio
    $ invested
  • 1. TJX Companies Inc
    Cattle major consumer brandTimber major consumer brandPaper/pulp major consumer brand
    0.52%0.52% of portfolio
    $821,147$821,147 invested
    Cattle major consumer brandTimber major consumer brandPaper/pulp major consumer brand
  • 2. Sysco Corp
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
    0.46%0.46% of portfolio
    $729,268$729,268 invested
    Soy major consumer brandCattle major consumer brandPalm oil major consumer brand
  • 3. Lowe's Companies Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brand
    0.42%0.42% of portfolio
    $665,169$665,169 invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brand
  • 4. Chipotle Mexican Grill Inc
    Soy major consumer brandCattle major consumer brand
    0.41%0.41% of portfolio
    $647,279$647,279 invested
    Soy major consumer brandCattle major consumer brand
  • 5. Williams-Sonoma Inc
    Timber major consumer brand
    0.37%0.37% of portfolio
    $589,678$589,678 invested
    Timber major consumer brand
View next 5
View more info
DATA AS OF 10/31/22
Financial performance
Performance data provided byMorningstarFind more financial data on ETHO at Morningstar.com
Current fund
ETHO
Etho Climate Leadership U.S. ETF
Family
ETFMG
Category
Mid-Cap Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/22
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 5-yr returns 
-0.85% less in annualized returns
Less invested in commodity producers 
0.33% less invested
Less invested in banks and lenders 
2.5% less invested
Less invested in major consumer brands 
9.89% less invested
Current fund
ETHO
Etho Climate Leadership U.S. ETF
Family
ETFMG
Category
Mid-Cap Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/22
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 5-yr returns 
-0.85% less in annualized returns
Less invested in commodity producers 
0.33% less invested
Less invested in banks and lenders 
2.5% less invested
Less invested in major consumer brands 
9.89% less invested
Current fund
ETHO
Etho Climate Leadership U.S. ETF
Family
ETFMG
Category
Mid-Cap Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/22
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 5-yr returns 
-0.85% less in annualized returns
Less invested in commodity producers 
0.33% less invested
Less invested in banks and lenders 
2.5% less invested
Less invested in major consumer brands 
9.89% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
ETHO - Etho Climate Leadership U.S. ETF
-20.9%
7.89%
9.55%
/
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
-14.64%
10%
10%
13%
0.33% 
Fund compared to benchmark
 
-6.26%
-2.29%
-0.85%
/
0.33%  lower
Find more financial data on ETHO at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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