Is there an ETF for Sin stocks?

Is there an ETF for Sin stocks?

There are multiple ETFs focused on “sin” stocks, including one with the ticker BAD that ULTUMUS covered in this blog posting: 

Sin Stocks ETF (ultumus.com)

There is also an ETF, AdvisorShares ViceETF, with ticker VICE. 

In addition, other ETFs focused on typical “sin” sectors, could be seen as a form of sin ETF even if they are not branded or marketed as such.

More broadly, some “value” or “high dividend” themed ETFs are likely to have some holdings in “sin” stocks since they often have low valuations and high dividend yields, especially in industries such as tobacco ( depending on the ETF’s ESG policies ).

It would however over-simplify to view sin stocks as synonymous with value stocks, because certain parts of the “sin” universe can become growth industries. Gambling stocks have gone through phases of growth, particularly when new markets open up – such as sports betting, which has been legalised since 2018 in the US. Marijuana in North America has become a growth industry since its recreational use has been legalized in over 20 states and decriminalised in several others. And defence stocks have become a growth sector since Russia’s invasion of Ukraine has spurred many countries to raise defence spending.