Key stats
About SPDR S&P 500 Fossil Fuel Reserves Free ETF
Expense ratio
0.20%
Home page
Inception date
Nov 30, 2015
SPYX follows a subset of the S&P 500 index, divesting itself of certain energy-related firms. Companies owning fossil fuel reservesdefined here as crude oil, natural gas and coalare removed and the resulting market- cap weighted roster forms the index. Excluding individual sectors or industries from the S&P 500 isnt new, and the fund offers a targeted exclusion (fossil fuel holders). Launched in December 2015, the fund has some sector tilts due to its Fossil Free stance. However, the coverage still provides solid US large- caps and slight mid- caps exposure. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
