Robo-Advisors

Looking to ditch the spreadsheets and financial analysis? Leaving the math to the machines could be a solution 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?

Betterment Climate Impact Portfolio

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 or exclude fossil fuels
  • 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: 05/17/21

EarthFolio Fossil Free Option

What is the EarthFolio Fossil Free Option?

  • This robo-advisor screens for a wide variety of impact measures, not just climate focus
  • This fund excludes fossil fuels like oil, gas, and coal
  • It is not clear that any of the included funds directly invest in renewable energy production

Last updated: 05/17/21

Wealthfront Socially Responsible Investing

What is Wealthfront's Socially Responsible Investing?

  • In addition to the standard funds they provide to their users, this robo-advisor offers five additional funds with an ESG or climate focus
  • Most funds just exclude certain industries or companies, but one does directly invest 32% of its assets in renewable energy production
  • Wealthfront clients can add one or all to their portfolio

Last updated: 05/17/21

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