Can anyone suggest a socially responsible Roth IRA?

https://personal.vanguard.com/us/funds/snapshot?FundId=0213&FundIntExt=INT

@Rarebear Vanguard is a great company to do business with. Transaction fees are the lowest of all investment companies and they charge no maintenance fees. However the Vanguard FTSE Social Index Fund (VFTSX) that you suggest has a very poor track record. In fact it is down -1.01% since its inception in the year 2001.

Vanguard’s S&P 500 has done well. Through all the stock market turmoil it has managed a +10.77% growth since its inception and a +16.3% growth since 2001. Check this out

The S&P 500 at this time include stocks in energy, financials, health care, industrials, information technology, materials, telecommunication services, and utilities.

Disclaimer: I’ve invested heavily in the S&P 500 since 1991 and have stayed the course through all it’s ups and downs. I have a traditional and Roth IRA’s in Vanguard’s S&P 500 plus another account straight investing in Vanguard’s S&P 500. I’m very pleased with its performance and the honest and ethical treatment by Vanguard.

Good luck running with the bulls!

@gondwanalon I agree. I’m not a fan of socially responsible funds for exactly that reason. The OP asked about it, though, so I was posting an example.

Calvert offers a broad range of socially responsible investment funds. A quick look through their performance page indicates the returns are modest (generally in the 2% to 6% range over the long term), There are some funds with a negative return, but they represent a small minority.

I’ve heard it said that socially responsible investing can generate good returns, whatever “good” means. Investopedia says that socially responsible investing can generate returns equal to regular investments:

Does good triumph over all?
As an investor, you cannot be completely philanthropic and expect nothing in return for your investment other than that pure feeling of having invested in a company that reflects your own values. So how does the performance of socially responsible mutual funds measure up to that of a regular portfolio? On average, its performance has been close to that of regular mutual funds. There are several indexes that track the performance of stocks considered socially responsible investments. According to KLD Indexes, the total returns for the Domini Social 400 Index between 1990 (its inception) and September 2007 was 12%. Over the same period, the S&P 500 returned 11.49%.

It’s easy to find all kinds of different socially responsible funds. I think Investopedia has organized them into various categories of those investment. Just google it and do your research.

My personal philosophy is to invest in whatever I want and then do charitable donations to those organizations I support.