CHRI
Global X S&P 500 Christian Values ETF
📎 Investment Objective
The Global X S&P 500 Christian Values ETF (CHRI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Christian Values Index.
Overview
ETF tracking Global X S&P 500 Christian Values ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Global X S&P 500 Christian Values ETF (CHRI) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Christian Values Index.
🎯 Investment Strategy
The fund invests in a portfolio of large-cap U.S. stocks that meet certain environmental, social, and governance (ESG) criteria based on a Christian values framework. The index provider screens the S&P 500 constituents to identify companies aligned with Christian principles.
✨ Key Features
- Tracks the S&P 500 Christian Values Index, which selects large-cap U.S. stocks based on Christian ESG criteria
- Provides exposure to a diversified portfolio of large-cap U.S. equities with a Christian values tilt
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is limited to a subset of the S&P 500 based on the Christian values screening
- Potential for underperformance compared to the broader S&P 500 if the Christian values-based selection criteria underperforms
- Limited diversification outside of large-cap U.S. equities
- Lack of long-term performance history to evaluate the fund's effectiveness
👤 Best For
This ETF may be suitable for investors seeking large-cap U.S. equity exposure with a Christian values-based approach. It could be a component of a diversified portfolio for investors who prioritize aligning their investments with their religious beliefs. However, the fund's limited track record and narrow focus make it less suitable for investors seeking broad market exposure or long-term performance.