SPDR S&P 500 Fossil Fuel Free ETF

SPYX

Market cap $2.4B

Overview Fund Trends Analyst Outlook Journalist POV

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Sentiment 3-Months

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David Tepper Bets 30 % of His Fund on a Single ‘Fossil‑Free' S&P Put—A $2.5 B Hedge You Can't Ignore

With 13-F filing season now in the rear-view mirror, many retail investors now have a chance to see what the smart money (think billionaire hedge fund managers) have been up to in the first quarter.

David Tepper Bets 30 % of His Fund on a Single ‘Fossil‑Free' S&P Put—A $2.5 B Hedge You Can't Ignore

SPYX: Does The Job But It's Not An Important One

ETFs offer diverse investment options, including niche interests, by tracking specific indices or sectors, and can be used for various investment strategies. SPDR® S&P 500 Fossil Fuel Reserves Free ETF allows tracking the S&P 500 excluding companies with fossil fuel reserves, appealing to ethical investors. SPYX is designed for long-term investors who want to avoid fossil fuel exposure, though it has slightly higher fees than standard index funds.

SPYX: Does The Job But It's Not An Important One

SPYX: Not Enough Environmental Concern To Make It Worth It

SPDR® S&P 500 Fossil Fuel Reserves Free ETF avoids companies with fossil fuel reserves, allowing investors to support a greener future without sacrificing exposure to large-cap US equities. Holdings of the SPYX ETF include environmentally conscious companies such as Apple, Microsoft, Amazon, Nvidia, and Alphabet. SPYX's sector breakdown is heavily weighted towards Information Technology, with a low percentage allocated to the Energy sector, highlighting its commitment to fossil fuel-free investing.

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