Thank you. The accumulating one looks good, the other one is too small for me. The advantage of the ACWI ETF is that it’s simpler. Just one ETF instead of two.
Disadvantages are higher TER of 0.28% instead of close to 0.2% (for the other two combined). It’s smaller in volume, 219 mio against 636 mio and 1’800 mio respectively. Diversification should be similar, with the ACWI including 502 stocks, and the other two 365 and 182. I guess you could argue that the iShares emerging market poses a higher risk with just 182 stocks. As it would make up for 12% of my ETF portfolio, I think that is acceptable.
Overall, I think I prefer the lower TER and higher volume over the simplicity of just buying one ETF instead of two.
@Yanikuza it might be true that investing per se is not climate friendly. It is something I am thinking about. The logical conclusion would be to either not invest at all, or pick a solution like YOVA. YOVA I have ruled out. I think it diversification might be an issue with it, as it focuses on a few segments only, and then picks single stock from these segments. Combined with the high cost, I’d prefer not investing at all.
As to the efficiency of the SRI label, surely it is preferable over just not caring at all? Ruling out the worst offenders in each segment, might not be the perfect solution. It’s a start. And if everybody did that - instead of saying what the heck, SRI is not perfect so lets just ignore it - the allocation of money to the less polluting companies certainly would have a large effect. I hope that with SRI, I am allocating my money to the least polluting companies in each sector. If a lot of people do this, it could be an incentive for all companies to reduce their footprint.
Also, the argument that choosing SRI funds makes the normal funds more profitable for other people doesn’t convince me. It is like saying if I hadn’t robbed this bank somebody else would have. That other people are fine with investing in Exxon and Shell doesn’t mean I have to be fine with it too. I will happily invest in them when they actually have become greener and provide clean energy.