The following are new investments that those saving for or living in retirement might consider for their portfolios. This week: A new ETF for investors interested in socially conscious companies.

For investors interested in socially conscious or environmental, social, and governance standards (commonly known as ESG), DWS Group has expanded its ESG line up with the introduction of Xtrackers MSCI USA ESG Leaders Equity ETF (USSG), which is based on an index of U.S. companies tied to MSCI's ESG ratings.

According to Lou Conrad, CFA of COMPASS Wealth Management, LLC, in Concord, Mass., DWS' previous three ESG launches were internationally focused. "Though each of these four ESG funds are competitively priced, USSG is now the low-cost leader for a U.S.-focused socially responsible ETF with a 0.10% annual expense ratio, less than the 0.12% available with Vanguard ESG U.S. Stock ETF (ESGV)," says Conrad.

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