I can't help but notice that over the last 10 years, the TDA/retirement portfolio sustainability funds my company offers have done just as well as the total market funds, if not better. This prompted me to do a little homework. Looking into ESG/sustainability index funds, I found that Fidelity's FITLX and Vanguard's ESGV did very well last year. Now they are still new (founded 2018/2019) but they made 31% and 33% returns, respectively, in 2019. Do you think this will continue or is it still better to stick with total stock market index funds.
I know last year was a great year for the market, but I feel like new investors/ the public in general are shifting toward sustainability, so in theory, wouldn't these companies maybe outperform their peers in the coming years?