A close look at the fund’s holdings reveals the inclusion of companies that do not support the NAACP’s mission.
If you dig down and look at the companies in many of the largest ESG funds, you’ll find that many have been bankrolling Republican politicians and PACs.
The entire S&P 500 had an average annual return of 12.7% from 2016-2020. Did Democratic or Republican companies perform better?
See the politics of the most shorted companies on Wall St.
Which side of the aisle do companies in the S&P 500 donate to?
We analyzed the most commonly held stock index to help you find out.