The JUST U.S. Large Cap Diversified Index (JULCD) is designed to track the performance of U.S. large-capitalization companies that most closely align with the American public’s definition of just business behavior. It is based on JUST Capital’s annual rankings of just business behavior, and reflects the values of the American public without sacrificing investment return.
In the second quarter of 2018, Oil & Gas was the top-performing industry in the JULCD, while telecommunications declined most significantly. Despite a negative first quarter, U.S. equities rebounded in the second, with the JULCD returning 3.64%.
Also in the second quarter, Goldman Sachs Asset Management launched the JUST ETF – the first ever exchange-traded fund designed to align with the American public’s priorities for just business behavior, based on the JULCD.
To download the full Report, which includes quarterly returns, top and bottom performers, and key insights, click here.