Robo-Advisors
Looking to ditch the spreadsheets and financial analysis? Leaving the math to the machines could be right for you.
Robo-investing uses an algorithm to manage your portfolio, saving you a lot of time and effort. But did you know that robo-advising can also help you set up a climate-friendly portfolio?
What is the Carbon Collective Climate Only Portfolio?
- This robo-advisor was built to help investors divest from fossil fuels and invest in climate solutions
- This fund excludes fossil fuel companies
- The Climate Only Portfolio contains a mix of Carbon Collective's climate solution stocks & green bonds
Last updated: 02/07/23
What is the Climate Impact Portfolio?
- This robo-advisor adjusts your portfolio for risk and tax-loss harvesting among several different funds
- Includes ETFs with reduced carbon footprint, as well as ETFS that exclude fossil fuel reserves
- Includes a green bond fund that invests directly in renewable energy assets (This fund, which is the only direct exposure to renewable energy, may be a small portion of your portfolio if you prefer more risk)
Last updated: 02/07/23
What is the EarthFolio Fossil Free Option?
- This climate-focused portfolio includes companies and industries in: 100% renewable utilities, electric transportation, and battery technology
- This portfolio excludes fossil fuels like oil, gas, and coal
Last updated: 02/07/23
What is Wealthfront's Socially Responsible Investing?
- A robo-advisor with tax-loss harvesting.
- You can customize your portfolio, add and remove funds, and change how much is invested in each fund at any time.
- Funds that Wealthfront labels “Socially Responsible” must meet at least one of several criteria, which may or may not be related to climate and environmental impact.
- Climate-related criteria include tracking an index “marketed as following ESG principles,” an index that excludes “oil and gas exploration and refining,” among others, and favoring clean energy companies.
- Read more about their investing methodology here.
Last updated: 02/07/23
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