Ethos has launched its own index for world equities: the Ethos Index on MSCI World, calculated by MSCI. The index allows investors to benefit from the expertise of Ethos in regards to product-based and conduct-based exclusions, while remaining closely replicated to the MSCI World index.

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Ethos Index on MSCI World

Past performance is no guarantee of future performance.

A custom index calculated by MSCI based on the exclusion list provided by Ethos



Companies whose products related to the excluded activities below account for more than 5% of global turnover are excluded. Companies whose aggregate turnover or revenue from several excluded activities exceeds 5% are also excluded.

Sector Number of excluded companies Weight in the MSCI World index (30.06.2020)
Total (without aggregated exclusions) 149 7.51%
Conventional weapons 35 2.09%
Non-conventional weapons 19 1.59%
Coal 49 2.26%
Gambling 19 0.32%
Nuclear energy 35 2.11%
GMO 2 0.22%
Adult entertainment 0 -
Tobacco 9 0.82%
Unconventional fossil fuels 26 1.14%


Furthermore, the index excludes companies whose conduct violates the fundamental principles of ethics and sustainable development.