Vanguard Global ESG Select Stock Profits from ESG Leaders It was a bit late to the party, but Vanguard Global ESG Select Stock ( VEIGX ) is having a blast so far. The fund launched in 2019—well into the ESG investing trend, which places as much value on environmental, social and corporate governance criteria as on financial measures when selecting stocks. Over the past three years, managers Mark Mandel and Yolanda Courtines, of subadvisory firm Wellington Management, have delivered a 10.1% annualized return. That beat the fund’s bogey, the FTSE All-World index, as well as the typical global large-company stock fund with an ESG focus. Mandel and Courtines pick profitable, well-run firms around the globe that are leaders in integrating ESG practices into their businesses. They focus on companies that have a market value of more than $20 billion and score well on stewardship, says Mandel. That means the firm’s board members are steering the company toward a future that rewards all stakeholders, including employees, shareholders and the planet. SEE MORE Kiplinger ESG 20: Our Favorite Picks for ESG Investors Take farm equipment giant Deere ( DE ), one of the fund’s 37 holdings.