Lecture 5:
Environmental, Social, and Gover-
nance (ESG) Investing
Dr. Jay H. Jung
Senior Lecturer in Accounting
1
, Indices and ETFs are “baskets” of securities
Index (e.g., FTSE100, SP500) and ETF (Exchange-traded funds) can be
analysed and compared as such
Ticker Name # Div Yld P/S Div Yld P/B P/E ROA ROE
WORLD Bloomberg World Large & Mid Cap Price Return Index 3350 2.12 2.20 2.02 2.72 17.91 10.21 27.47
DM Bloomberg Developed Markets Large & Mid Cap Price Return Index 1786 2.07 2.35 1.89 2.99 19.04 10.48 29.13
B500 Bloomberg US Large Cap Price Return Index 502 1.71 3.26 1.40 4.38 21.35 12.35 35.77
BESGOX Bloomberg SASB US Large Cap ESG ex-Controversies Select Price Return 184 1.73 3.19 1.41 4.48 20.78 12.74 41.84
Index
DMCM Bloomberg Developed Markets Communications Large & Mid Cap Price 128 3.37 2.87 1.20 2.95 16.34 11.94 21.04
Return Index
DMTE Bloomberg Developed Markets Technology Large & Mid Cap Price 238 0.89 6.24 0.83 8.18 29.03 16.91 55.36
Return Index
BGSC Bloomberg Goldman Sachs Global Clean Energy Index Net Return 20 1.44 4.82 1.49 4.63 19.92 19.67 37.59
BBEV Bloomberg Electric Vehicles Price Return Index 65 0.84 1.77 1.10 3.12 23.11 6.43 15.15
KARS KRANESHARES ELECTRIC VEHICLE ETF 69 0.83 1.80 1.12 3.05 22.52 6.51 15.17
2
Reference: Excerpts from Erik Rotander (Bloomberg, 2021)
, Strong and consistent growth in the global ETF
Market
Global Exchange-traded Funds (ETF)
Assets under Management (AUM)
(40% CAGR)
8,000,000
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
Series1 Series2 Series3 Series4 Series5 Series6 3
Reference: Excerpts from Erik Rotander (Bloomberg, 2021)
Environmental, Social, and Gover-
nance (ESG) Investing
Dr. Jay H. Jung
Senior Lecturer in Accounting
1
, Indices and ETFs are “baskets” of securities
Index (e.g., FTSE100, SP500) and ETF (Exchange-traded funds) can be
analysed and compared as such
Ticker Name # Div Yld P/S Div Yld P/B P/E ROA ROE
WORLD Bloomberg World Large & Mid Cap Price Return Index 3350 2.12 2.20 2.02 2.72 17.91 10.21 27.47
DM Bloomberg Developed Markets Large & Mid Cap Price Return Index 1786 2.07 2.35 1.89 2.99 19.04 10.48 29.13
B500 Bloomberg US Large Cap Price Return Index 502 1.71 3.26 1.40 4.38 21.35 12.35 35.77
BESGOX Bloomberg SASB US Large Cap ESG ex-Controversies Select Price Return 184 1.73 3.19 1.41 4.48 20.78 12.74 41.84
Index
DMCM Bloomberg Developed Markets Communications Large & Mid Cap Price 128 3.37 2.87 1.20 2.95 16.34 11.94 21.04
Return Index
DMTE Bloomberg Developed Markets Technology Large & Mid Cap Price 238 0.89 6.24 0.83 8.18 29.03 16.91 55.36
Return Index
BGSC Bloomberg Goldman Sachs Global Clean Energy Index Net Return 20 1.44 4.82 1.49 4.63 19.92 19.67 37.59
BBEV Bloomberg Electric Vehicles Price Return Index 65 0.84 1.77 1.10 3.12 23.11 6.43 15.15
KARS KRANESHARES ELECTRIC VEHICLE ETF 69 0.83 1.80 1.12 3.05 22.52 6.51 15.17
2
Reference: Excerpts from Erik Rotander (Bloomberg, 2021)
, Strong and consistent growth in the global ETF
Market
Global Exchange-traded Funds (ETF)
Assets under Management (AUM)
(40% CAGR)
8,000,000
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
Series1 Series2 Series3 Series4 Series5 Series6 3
Reference: Excerpts from Erik Rotander (Bloomberg, 2021)
