ESG stocks are up 32% on average so far this year compared with 22% for the S&P500.
According to research from Kinsale Insights, the 50 most widely held stocks in ESG funds and ETFs represent more than 21 percent of all the $75.8 billion in ESG equity holdings. These stocks outperformed the index with Microsoft contributing to much of the gains rising 43% in the first three quarters of the year.
Microsoft is the most held ESG stock but Mastercard, Danaher, Google, Disney and Lam Research, all performed well with Lam being the best performing stock, up 94% return this year so far. Those with a negative performance include Clorox, Gap and Regeneron Pharmaceuticals.