Broader funds include those like the Xtrackers S&P 5009 ESG ETF (SNPE), which offers exposure to the S&P 500 with what Nadig describes as a slight skew to ESG. Investing in the first quarter saw heavy flows into commodities for the first time in years as advisors and investors initially sought the space to hedge against rising inflation. “I highlighted one that I think was a great recent approach to this, and that’s the AXS Astoria Inflation Sensitive ETF (PPI),” Nadig says.