Six Months Into 2024, This Vanguard ESG Fund Trailed the S&P 500
Mon, Jul 8, 2024 2:39 PM

Six Months Into 2024, This Vanguard ESG Fund Trailed the S&P 500

A Flip by Riya Sharma
Get it on Google Play
In the first half of 2024, the S&P 500 gained 14.5%, outperforming the Vanguard ESG U.S. Stock ETF, which returned 13.5%. This underperformance shouldn't be a concern, as six months is a short period and the ETF's diversification is a strength over the long term. Despite the short-term lag, the Vanguard ESG fund has outperformed the S&P 500 since its inception.

More great flips

Bandhan Bank Q2 update: Lender reports 24.6% growth in total business

Bandhan Bank Q2 update: Lender reports 24.6% growth in total business

Private lender Bandhan Bank has announced a growth of 24.6% in its total business for the second quarter of the current financial year, as detailed in a recent regulatory filing with the exchanges. As of September 30, 2024, the bank's total business reached ₹2,73,163 crore, up from ₹2,19,712 crore in the same period last year. The bank's loans and advances stood at ₹1,30,652 crore.

Open Flip
IT and banking will hold the Nifty steady; broader markets will see profits

IT and banking will hold the Nifty steady; broader markets will see profits

A correction in the market is confirmed, with a potential target of 23,650 and a possible fall to 23,050-22,900 levels in the next 88 days, driven by profit-booking and a shift from equity to debt and safe investments. In the next 45 days, volatility and corrections could provide excellent investment opportunities, so maintaining cash reserves is advisable.

Open Flip
Antony Waste Handling Cell Ltd Secures Rs 908 Crore Contract

Antony Waste Handling Cell Ltd Secures Rs 908 Crore Contract

Antony Waste Handling Cell Ltd's material subsidiary, AG Enviro Infra Projects Private Limited, has secured a contract from Navi Mumbai Municipal Corporation (NMMC) for Door-to-Door Collection and Transportation (C&T) of Municipal Solid Waste. The contract spans 9 years, with an estimated value of approximately Rs 908 crore (Rupees Nine Hundred & Eight Crore) for the entire concession period.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon