ESG ETFs Offer Both Growth and Value Opportunities Financial advisors can generate alpha across style, size, and region with environmental, social, and governance ETF strategies. In the recent webcast, ESG: The Key to Portfolios with Both Growth And Value, Brian Griggs, Managing Director, Portfolio Strategist, Nuveen, noted that since the late 2000s, growth has been the standout style. Lower interest rates, low inflation, and technology outperformance have helped fuel the run. Consequently, more growth-oriented sectors, that on average trade at higher valuations, have become a larger portion of the U.S. equity market, with financials, energy, and industrials taking a back seat to information technology and now communication services.