SPYX

📎 Investment Objective

The SPDR S&P 500 Fossil Fuel Free ETF (SPYX) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index.

✨ Key Features

• Tracks the S&P 500 Fossil Fuel Free Index, which excludes companies involved in fossil fuel production
• Provides exposure to large-cap U.S. stocks with a focus on environmental sustainability
• Aims to deliver returns comparable to the broader S&P 500 Index
• Expense ratio of 0.00%, making it a low-cost option for investors

⚠️ Primary Risks

• Market risk: The value of the ETF's holdings may fluctuate due to general market conditions
• Tracking error risk: The fund may not perfectly track the performance of its underlying index
• Sector concentration risk: By excluding fossil fuel companies, the fund may have a higher concentration in other sectors
• Liquidity risk: The ETF may experience lower trading volume, which could impact its ability to buy or sell shares at desired prices

👤 Best For

The SPDR S&P 500 Fossil Fuel Free ETF may be suitable for investors seeking exposure to large-cap U.S. stocks with a focus on environmental sustainability. It may be particularly appealing to investors who want to align their investments with their values and avoid exposure to the fossil fuel industry. As with any investment, investors should carefully consider their investment objectives, risk tolerance, and time horizon before investing in this ETF.