ESG funds attract investors

Even as stock markets struggled in April, investors continued to pour money into ESG (environmental, social, and governance) exchange-traded funds. More than $1.2 billion went into ESG-focused ETFs in the week ended April 29, 2022, according to a report. Year-to-date, ESG funds have taken in more than $22 billion. Still, the performance of domestic ESG funds has been comparable to that of the S&P 500 Index that posted a decline through April 29, the report noted.