The US Vegan Climate Index (VEGAN), developed by Beyond Investing is a passive, rules- based index of U.S. mainly large cap stocks, screened according to vegan and climate- conscious principles.
VEGAN excludes companies engaged in animal exploitation, defense, human rights abuses, fossil fuels extraction and energy production, and other environmentally damaging activities. VEGAN includes mid cap stocks that replace companies in sectors that become underweight through their exclusions.
VEGAN demonstrates that it is possible to obtain broad-based market exposure, whilst adhering to animal and environmentally-friendly principles.
Ticker (prices from Solactive): VEGAN
Inception date: 6 June 2018
Benchmark: S&P500 Index
Calculation Agent: Solactive AG, Frankfurt
Number of stocks: 281
Weighted Average Market Cap: $173bn
Tracking error: 1.37%
Excess Return: 4.52%
VEGAN displays superior impact metrics than its benchmark on the following dimensions:
VEGAN represents the most complete climate change and animal-friendly solution for environmentally-conscious investors