ETF launches of the week: VOTE, JRE, EGRO

The range of Exchange Traded Funds (ETFs) available to European and North American investors increased again last week with 9 new ETFs in United States and 5 in Europe. We review the most hyped new ETF launches each week to help you navigate the ever-changing ETF landscape. Here’s what you should know about Engine No. 1 Transform 500 ETF (VOTE), Janus Henderson U.S. Real Estate ETF (JRE), and BNP Paribas Easy ESG Growth Europe UCITS ETF (EGRO).

More ESG ETFs, but with a different perspective

Last week the activist investment firm Engine No. 1 presented to North American investors a different approach to ESG investing with the launch of an ETF that wants to reconcile financial performance and a positive ESG impact. In Europe, BNP Paribas has introduced a new ETF that provides exposure to European growth companies with attractive environmental, social, and governance (ESG) attributes. Another notable launch of last week focuses on real estate. With its latest ETF launch, the Janus Henderson Group offers investors an easy exposure to real estate opportunities in the U.S and Canada.

Here’s what you need to know about these new ETFs.

Trending recent ETF launches

1. VOTE – Engine No. 1 Transform 500 ETF

• Launch Date: 22/06/2021
• Provider / Issuer: Engine No. 1
• AUM: $109.67 M
• Expense Ratio: 0.05%
• Domiciliation: United States

With the Engine No. 1 Transform 500 ETF (VOTE), the activist investment firm Engine No. 1 makes their unique investment methods available to personal investors. For example, they have waged and won a campaign against Exxon. They put three candidates on Exxon’s board of directors, because they considered that the company needed to significantly reduce emissions and move toward a cleaner energy strategy. The passively manage ETF will invest within a universe of the 500 largest U.S. companies included in the Morningstar U.S. Large Cap Select Index. Rather than excluding companies that need to change, Engine No. 1 will actively push them to prioritize environmental, social, and governance (ESG) issues, because despite of being a passive fund that will not mean Engine No. 1 will have a passive ownership. For US investors, the VOTE ETF is an interesting option to get exposure to themes like ESG and activist investing through a low-cost and easily accessible product.

2. JRE – Janus Henderson U.S. Real Estate ETF

• Launch Date: 23/06/2021
• Provider / Issuer: Janus Henderson
• AUM: $10M
• Expense Ratio: 0.65%
• Domiciliation: United States

Last week Janus Henderson expanded its active ETF offering with the launch of the Janus Henderson U.S. Real Estate ETF (JRE). This actively managed ETF seeks to provide access to real estate securities that are driving the future of the sector. The real estate sector has been the top-performing market segment over the past three months compared to all eleven S&P 500 sectors. The JRE ETF brings another opportunity for investors to get exposure to this sector.

3. EGRO – BNP Paribas Easy ESG Growth Europe UCITS ETF

• Launch Date: 22/06/2021
• Provider / Issuer: BNP Paribas
• AUM: $0.54M
• Expense Ratio: 0.3%
• Domiciliation: Luxembourg

For European investors, BNP Paribas has launched the BNP Paribas Easy ESG Growth Europe UCITS ETF (EGRO). This passively managed ETF seeks to replicate the performance of the BNP Paribas Growth Europe ESG (TR) Index. EGRO ETF allows invetors to participate in the performance of European companies with fundamental growth prospects. This includes sales, employee, and organic growth as well as capital expenditure (CAPEX). As stated in its name, the ETF also takes into account Environmental, Social, and Governance (ESG) criteria in its investment approach, as well as carbon footprint data.

Review VOTE ETF, JRE ETF, EGRO ETF and over 7,000 other with our ETF screener.

To know more about ESG investing visit our ESG Observatory