Assessing the Greater Resilience of ESG Exchange-Traded Funds (ETFS) During Market Crashes

This paper aims to investigate the impact of a market crash on the risk adjusted returns of Exchange Traded Funds. A comparative analysis of the impact of covid 19 on ESG Vs. Regular ETFs attempts to ascertain whether ESG factors can provide any hedging during a financial market crash. This study tried to establish whether responsible investments can provide any resilience during a market crisis by comparing the risk adjusted returns of pre and post covid returns of ESG ETFs and regular ETFs. This paper discussed that how the risk factors incorporated in the models (market risk, size risk, book