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Not an investment fund. Not financial advice.
Morally Liquid
Just a list of companies that are very good at making money from things that are very bad for us
Live Market Data
ASX • NYSE • LSE • TSX
Via Yahoo Finance
NOT AN INVESTMENT FUND — NOT FINANCIAL ADVICE — Just a list of companies that are very good at making money from things that are very bad for us. Nothing here constitutes a recommendation to buy, sell, or hold any security. We are not licensed by ASIC or anyone else. Past performance of terrible companies is not indicative of future terrible performance.
Morally Liquid (6M)—
Sin Count50
ASX Listed14
Global Listed16
Delisted (included anyway)1
Ethical RatingF
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The Holdings
50 Companies. Very good at making money. Very bad for us. Click any row to expand.
# Company The Sin Price 1D Change 52W High 52W Low
Retrieving the world's finest vices...
Editor's Note
"We do not recommend any of these companies. We simply note that they have been, historically, quite profitable. Draw your own conclusions about what that says about us all."
— The Morally Liquid Editorial Board
Category Breakdown
Tobacco4 stocks
Gambling6 stocks
Weapons & Defence6 stocks
Fossil Fuels7 stocks
Fast Food4 stocks
Alcohol3 stocks
Tech (Evil)5 stocks
Pharma4 stocks
Small Caps5 stocks
Finance / VC6 stocks
Top Movers
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Methodology
Constituents selected on: primary revenue from nominated vice category; public listing on a major exchange; and sustained commitment to the activity despite abundant evidence of its consequences.

No ESG scores were harmed in the construction of this index.
The Retirement Thought Experiment
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Portfolio Performance
Equal-weighted, indexed to 100 at start of period
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Portfolio (red) vs ASX 200 (dotted). Equal-weighted across selected constituents. Currency movements not accounted for. Indexed to 100 at start of period. Not advice.
Investment Calculator
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Full Constituent Register
Why these 25 companies. What they've done. How bad it is.
The Super Wheel
Enter your super balance, or use the $320,000 average. Drag the sliders to allocate. See what twelve months of moral flexibility would have done.
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Portfolio Allocation 0% allocated
Allocate your super above to see results
The default $320,000 is the approximate average superannuation balance at age 60–64, per ATO 2021–22 statistics. Returns are equal-weighted across category constituents over 12 months of historical data from Yahoo Finance. Currency movements excluded. Unallocated balance earns no return (treated as cash). Not superannuation advice. Not financial advice. Not any kind of advice.