Tidal ETF Services has just announced the launch of the Constrained Capital ESG Orphans ETF (ORFN). ORFN is looking to track the performance of the Constrained Capital ESG Orphans Index designed to tap into the orphaned sector of the ESG market. A quote from the index creator states, “The explosion in the ESG investing movement over the past decade has yielded what I believe to be a generational opportunity in a contrarian, reversion theme, for opportunistically inclined, critical thinking investors.”
ETF Newz Says:
ORFN is looking to be the first of its kind investing only in the exclusion of ESG.