10-27-2022, 02:26 AM
Thoughts on DEMZ ETF? It positions itself as an an ethical index fund.
<!-- SC_OFF --><div class="md"><p>I was listening to Pod Save America recently and one of their new advertisers DEMZ is an ETF that is positioned at people who like to buy index funds, but want to avoid investing in companies that actively donate to US Republican candidates and lobby for Republican agenda items. This cuts out a good number of S&P 500 companies like Exxon Mobile, Lockheed Martin, etc. But the idea is that it is still a diversified large cap ETF that aims to replicate performance of the S&P.</p> <p>One downside I see is the 0.45% expense ratio, which isn't bad for an ETF in general, but feels very high compared to my Vanguard funds that are all under 0.1%. VTSAX is literally 0.04% so investing in this would be more than 10x the fees - though still not terribly high. One would swallow this as the extra cost of investing in a way that aligns more with my politics and ethics.</p> <p>Curious to hear others' thoughts. <a href="https://demz.fund/">https://demz.fund/</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hunter9002"> /u/hunter9002 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ye9ysd/thoughts_on_demz_etf_it_positions_itself_as_an_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ye9ysd/thoughts_on_demz_etf_it_positions_itself_as_an_an/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I was listening to Pod Save America recently and one of their new advertisers DEMZ is an ETF that is positioned at people who like to buy index funds, but want to avoid investing in companies that actively donate to US Republican candidates and lobby for Republican agenda items. This cuts out a good number of S&P 500 companies like Exxon Mobile, Lockheed Martin, etc. But the idea is that it is still a diversified large cap ETF that aims to replicate performance of the S&P.</p> <p>One downside I see is the 0.45% expense ratio, which isn't bad for an ETF in general, but feels very high compared to my Vanguard funds that are all under 0.1%. VTSAX is literally 0.04% so investing in this would be more than 10x the fees - though still not terribly high. One would swallow this as the extra cost of investing in a way that aligns more with my politics and ethics.</p> <p>Curious to hear others' thoughts. <a href="https://demz.fund/">https://demz.fund/</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/hunter9002"> /u/hunter9002 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/ye9ysd/thoughts_on_demz_etf_it_positions_itself_as_an_an/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/ye9ysd/thoughts_on_demz_etf_it_positions_itself_as_an_an/">[comments]</a></span>