SPDR® S&P 500 Fossil Fuel Reserves Free ETF company info

What does SPDR® S&P 500 Fossil Fuel Reserves Free ETF do?
SPDR® S&P 500 Fossil Fuel Reserves Free ETF (NYSE:SPYX) engages in providing investors with an opportunity to access S&P 500 performance while avoiding investments in companies with fossil fuel reserves. It specifically targets investors interested in environmental sustainability and looking to minimize their portfolio's carbon footprint. The ETF actively screens and excludes companies owning fossil fuel reserves, including coal, oil, and natural gas. The objective revolves around offering a unique investment avenue that aligns with the growing environmental consciousness among investors, and also aims to achieve long-term capital appreciation by mirroring the performance of the S&P 500 Fossil Fuel Free Index. Its operations encompass rigorous selection criteria to maintain its fossil fuel reserve-free status while ensuring representation of the broader S&P 500 market returns. SPYX is exclusively listed and traded on the NYSE Arca, making it accessible to investors seeking sustainable investment options within the U.S. market.
SPDR® S&P 500 Fossil Fuel Reserves Free ETF company media
Company Snapshot

Is SPDR® S&P 500 Fossil Fuel Reserves Free ETF a public or private company?

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Ownership
Public

How many people does SPDR® S&P 500 Fossil Fuel Reserves Free ETF employ?

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Employees
2,299

What sector is SPDR® S&P 500 Fossil Fuel Reserves Free ETF in?

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Sector
ETF

Where is the head office for SPDR® S&P 500 Fossil Fuel Reserves Free ETF?

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Head Office
Boston, United States

What year was SPDR® S&P 500 Fossil Fuel Reserves Free ETF founded?

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Year Founded
2015
What does SPDR® S&P 500 Fossil Fuel Reserves Free ETF specialise in?
/Index Fund /Fossil-Free /Stock Investment /Clean Energy /Low Carbon /Sustainable Investment

What are the products and/or services of SPDR® S&P 500 Fossil Fuel Reserves Free ETF?

Overview of SPDR® S&P 500 Fossil Fuel Reserves Free ETF offerings
Offers an environmentally friendly investment portfolio excluding companies owning fossil fuel reserves.
Focuses on S&P 500 companies with a commitment to renewable energy and sustainable practices.
Provides investors exposure to a broad range of sectors excluding fossil fuel production.
Targets growth through investments in companies with low carbon initiatives.
Facilitates ethical investing by avoiding companies with significant coal, oil, and gas reserves.
Engages in periodic rebalancing to maintain alignment with fossil-free investment criteria.