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SPYX - SPDR S&P 500 Fossil Fuel Reserves Free ETF


SPYX ETF Stock Chart

SPYX Profile

SPDR S&P 500 Fossil Fuel Reserves Free ETF logo

The S&P 500 Ex-Fossil Fuel ETF SPDR (SPYX) is an exchange-traded fund (ETF) that seeks to provide investors with exposure to the US equity market, while excluding companies involved in the exploration, production, and distribution of fossil fuels. The ETF's objective is to track the performance of the S&P 500 Fossil Fuel Free Index, which is a widely recognized benchmark for US large-cap stocks that are not involved in the fossil fuel industry.

SPYX invests in a portfolio of US large-cap stocks included in the S&P 500 Index, with the goal of providing investors with exposure to the broad US equity market, while excluding companies involved in the fossil fuel industry. The ETF's holdings are selected based on factors such as liquidity, market capitalization, and sector classification.

As of September 2021, the SPYX ETF has a net asset value (NAV) of approximately $3 billion and holds a portfolio of over 450 US large-cap stocks. The ETF's expense ratio is 0.20%, which is relatively low compared to other ETFs.

SPYX has a track record of providing investors with solid returns, while focusing on socially responsible investing. Since its inception in 2015, the fund has provided investors with an annualized return of around 14% (as of March 23, 2023).

Overall, the S&P 500 Ex-Fossil Fuel ETF SPDR (SPYX) could be a good investment option for investors looking to invest in the broad US equity market, while also focusing on socially responsible investing. However, as with any investment, it is important to conduct thorough research and consider factors such as risk tolerance, investment objectives, and fees before making a decision. Additionally, investors should be aware that excluding the fossil fuel industry may impact the ETF's performance during periods when the fossil fuel sector is outperforming the broa


 

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