"With 84% of the world’s energy consumption coming from fossil fuels, it shouldn’t be surprising that the world’s largest energy companies primarily produce them as well.
It’s also true that most of their capital spending is still devoted to fossil fuels — across the largest companies, just 6% of capital expenditure was devoted to clean energy in 2020. Most oil CEOs maintain that oil and gas will play a large role for a long time to come."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive