CATH
Global X S&P 500 Catholic Values ETF
📎 Investment Objective
The Global X S&P 500 Catholic Values ETF (CATH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Catholic Values Index.
Overview
ETF tracking Global X S&P 500 Catholic Values ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Global X S&P 500 Catholic Values ETF (CATH) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Catholic Values Index.
🎯 Investment Strategy
The fund invests in a portfolio of securities that are included in the S&P 500 Catholic Values Index. The index is designed to measure the performance of U.S. large-cap companies that meet certain environmental, social, and governance (ESG) criteria based on Catholic values.
✨ Key Features
- Tracks the S&P 500 Catholic Values Index, which screens the S&P 500 for companies aligned with Catholic principles
- Provides exposure to large-cap U.S. stocks that meet ESG criteria based on Catholic values
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is limited to companies that meet the Catholic values criteria
- Potential for underperformance compared to the broader S&P 500 index due to the screening process
- Lack of long-term performance history to evaluate the fund's effectiveness
- Market risk associated with investing in large-cap U.S. equities
👤 Best For
This ETF may be suitable for investors seeking large-cap U.S. equity exposure with a focus on companies aligned with Catholic values. It may be of particular interest to Catholic or faith-based investors. However, the limited performance history and potential for underperformance compared to the broader market should be carefully considered.