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 (31.12.2018)
Total (without aggregated exclusions) 119 7.34%
Conventional weapons 33 2.64%
Non-conventional weapons 19 1.83%
Coal 39 2.06%
Gambling 17 0.33%
Nuclear energy 38 2.42%
GMO 1 0.35%
Adult entertainment 0 -
Tobacco 9 1.00%


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