How to know if you own gun stocks without knowing it

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Exchange-traded funds (ETFs) are a fantastic tool because they give investors exposure to many securities at once. But one downside is that you may not know what individual stocks you own within the funds unless you do some research.

Given the current concern over owning gun-manufacturer stocks in the aftermath of the latest high-school shooting in Parkland, Florida, we did a bit of digging and found 46 ETFs that include one or more of the three publicly traded gun manufacturers: American Outdoor Brands (AOBC), Vista Outdoor (VSTO), and Sturm Ruger (RGR)—the latter of which makes the AR-15 rifles that have been in the news (paywall).

The most likely way that you might own a gun-manufacturer stock is through a fund that tracks a broad market index, like the Russell 2000 or S&P 600 indexes. The full list of ETFs, as sourced from ETF Database and ETF Channel, is below:

First Trust Long/Short Equity FundFTLS
First Trust Multi Cap Growth AlphaDEX FundFAD
First Trust Multi Cap Value AlphaDEX FundFAB
First Trust Small Cap Core AlphaDEX FundFYX
First Trust Small Cap Growth AlphaDEX FundFYC
First Trust Small Cap US Equity Select ETFRNSC
First Trust Small Cap Value AlphaDEX FundFYT
First Trust Total US Market Alpha DEX ETFTUSA
Guggenheim S&P 600 SmallCap Pure ValueRZV
Guggenheim S&P Small Cap 600 Equal Weight ETFEWSC
iShares core S&P SmallCap ETFIJR
iShares Core S&P Total US Stock Market ETFITOT
iShares Edge MSCI Min Vol USA SmallCap ETFSMMV
iShares Edge MSCI Multifactor USA SmallCap ETFSMLF
iShares Russell 2000 ETFIWM
iShares Russell 2000 Growth ETFIWO
iShares Russell 2000 Value ETFIWN
iShares S&P SmallCap 600 Growth ETFIJT
iShares S&P SmallCap 600 Value ETFIJS
iShares US Aerospace & Defense ETFITA
PowerShares Buyback AchieversPKW
PowerShares FTSE RAFI 1500 Sm-MdPRFZ
PowerShares FTSE RAFI US 1000PRF
PowerShares PureBeta MSCI USA Small Cap PortfolioPBSM
PowerShares Russell 2000 Equal Weight Portfolio ETFEQWS
PowerShares S&P SmallCap Quality PortfolioXSHQ
SPDR Portfolio Small Cap ETFSPSM
SPDR S&P 1000 ETFSPMD
SPDR S&P 1500 Value Tilt ETFVLU
SPDR S&P 600 Small Cap ETFSLY
SPDR S&P 600 Small Cap Growth ETFSLYG
SPDR S&P 600 Small Cap Value ETFSLYV
VanEck Vectors Global Spin-Off ETFSPUN
Vanguard Consumer Discretionary ETFVCR
Vanguard Russell 2000 ETFVTWO
Vanguard Russell 2000 Growth ETFVTWG
Vanguard Russell 2000 Value ETFVTWV
Vanguard S&P SmallCap 600 Growth ETFVIOG
Vanguard S&P SmallCap 600 Value ETFVIOV
Vanguard Small Cap ETFVB
Vanguard Small Cap Growth ETFVBK
Vanguard Small Cap Value ETFVBR
WisdoemTree US SmallCap Dividend Growth FundDGRS
WisdomTree US SmallCap Dividend ETFDES
WisdomTree US SmallCap Earnings ETFEES
WisdomTree US Total Earnings ETFEXT

What should you do if you want to avoid gun-manufacturer stocks? One option is to consider a fund that tracks a “socially responsible” index like the MSCI KLD 400 Social Index, which tracks 400 US securities that meet certain environmental, social, and governance criteria. It has either beaten or kept track with both the Russell 2000 and S&P 600 indexes over the past one- and five-year periods.


Read this next: Everything an AR-15 maker says consumers want in their gun

qz.com

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