What is the difference between spy and SPYX?
The SPDR S&P 500 Fossil Fuel Free ETF (SPYX) is a greener version of the world’s first and largest ETF, the SPDR S&P 500 ETF Trust (SPY). Removing the big oil companies leaves SPYX with a 2.5 % exposure to energy, compared with SPY’s 7%.
What is SPYX ETF?
SPYX – SPDR S&P 500 Fossil Fuel Reserves Free ETF.
Is SPYX an index fund?
The Fund seeks to provide investment results that correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index. The Index is designed to measure the performance of companies in the S&P 500 Index that are fossil fuel free, which are defined as companies that do not own fossil fuel reserves.
Is SPYX a good ETF?
SPYX is rated a 5 out of 5.
Is SPYX a good investment?
In fact, at the end of 2019, SPYX still managed to produce a strong 32% return. All in all, SPYX allows investors to distinctly vote with their morals and still gain great returns. And, with nearly $500 million in assets and a low 0.20% expense ratio, it’s the top fund for those looking to avoid carbon investments.
What companies are in SPYX?
SPYX Top 10 Holdings[View All]
- Microsoft Corporation 6.17%
- Apple Inc.
- Amazon.com, Inc.
- Alphabet Inc. Class A 2.30%
- Alphabet Inc. Class C 2.15%
- Facebook, Inc. Class A 2.09%
- Tesla Inc 1.85%
- NVIDIA Corporation 1.47%
Does Vanguard invest in fossil fuels?
Vanguard is the second largest asset manager in the world with over $5.6 trillion of assets under management. $271 MILLION invested in fossil fuels and agribusiness in Vanguard’s so-called “sustainable” funds.
Does Vanguard have a green energy fund?
Vanguard has revamped its active energy fund, removing its in-house managers and repositioning it toward renewables and away from fossil fuels. According to the fund’s fact sheet, as of May 29 the Investor share class had an expense ratio of 0.32%, while the Admiral share class had an expense ratio of 0.24%.
Does Vanguard have fossil free funds?
If your savings are invested with Vanguard, you can use Fossil Free Funds to find out if your money is being funneled to coal, oil and gas companies. We track trillions of dollars in fossil fuel investments across thousands of mutual fund portfolios to help you know what you own and hold corporations accountable.
What companies hold QQQ?
More than just a tech fund, Invesco QQQ ETF showcases underlying holdings from multiple sectors and industries. Learn more about the breakthrough companies in Invesco QQQ….Information Technology.
| Holdings | Allocation |
|---|---|
| AAPL Apple Inc | 10.99% |
| MSFT Microsoft Corp | 9.96% |
| NVDA Nvidia Corp | 3.70% |
| PYPL Paypal Holdings Inc | 2.19% |