Thursday 3/27/2014 17:05:56 EST - Standard & Poor's

An increasing number of exchange-traded funds (ETFs) focus on fundamental factors, such as dividends and volatility, offering a twist on the traditional market-cap weighted offerings that track the S&P 500 Index and others. But, there are also ETFs for investors that seek a more socially responsible portfolio.

Last month when Arizona passed a law, ultimately vetoed, that would have allowed businesses to refuse service to gay men and lesbians on religious grounds, a number of large-...