X

All Constituents

500

For the first time, removing fossil fuel risk is easy, accessible, and competitive.

Sphere helps the advisor community deliver on the demands of customers and plan participants by providing a climate-friendly and cost-effective US core equity investment option. A number of family offices and institutions have already exited the fossil fuel industry, often citing worrying economic factors and a need to protect long-term value as a driving force for decisions, including the Rockefeller Foundation, the New York State Pension Fund, and the Harvard Endowment.

This solution allows advisors and employers to demonstrate their commitment to fiduciary duty with a high-quality product at reasonable fees while satisfying a deeply personal desire of clients, without having to choose between the two. The Sphere 500 Fossil-Free Index tracks the Top 500 US companies by market capitalization and excludes fossil fuel companies to avoid stranded asset risk. The fund votes shares for the planet, not for the status quo.

SPFFX: The top 500 minus fossil fuels

SPFFX invests in the top 500 US companies by market capitalization, minus 84 companies. The independent non-profit As You Sow creates the list of fossil fuel, utility, and other companies that is excluded from the Sphere 500 Fossil Free Index.

Learn about the Index

416 / 500

Holdings

Overview

0.07% expense ratio

Competitively priced for maximum impact, not profits.

Familiar holdings

Based on the Top 500 US companies.

Mutual fund, not ETF

Built specifically for streamlined implementation in 401(k)s.

No hidden fees

Just a simple expense ratio. No separate share classes.

Avoid risk

Fossil fuel investments are risky - especially because regulations may be put in place at any time that reduce their value.

Competitive returns

Fossil fuel companies have decreased returns over the long-term - as the graph below showing the S&P with and without Energy shows.

Truly fossil-free

Not just a fossil fuel reserves-free fund. We don’t invest in any part of the fossil fuel supply chain.

Vote your shares

SFPPX is the first index fund for 401(k)s that votes your shares for the planet instead of voting for the status quo.

Index creator
Investment advisor
Fund administrator
Distributor

A fund that checks all the boxes

Improved returns

Data shows that excluding fossil fuel companies—most of which are found in the S&P 500 Energy sector—can offer greater returns. With Sphere, you get a fund that aligns your values with your pocketbook.

S&P 500 without fossil fuels*

S&P 500

10 year returns

11.56%

10.72%

* Energy  sector removed from the S&P 500. Source: S&P 500 Ex-Energy Index. Past performance is no guarantee future results.

Affordable

Environmentally-friendly funds often are priced at a premium. SPFFX is priced 10-30x lower than most climate-friendly funds, and is more in line with standard index funds. This pricing is intended to make it appropriate for 401(k) plans.

Expense ratio comparison
0.07%

Sphere 500 Fossil-Free Fund (SPFFX)

0.80%

A typical climate-friendly fund

Simple to start

SPFFX is designed to be added to existing 401(k) plans, so you don't have to switch providers to offer a climate-friendly choice.

Platforms include:
See them all

Learn how to invest in SPFFX

Anyone can invest in this mutual fund, with or without a 401(k).

Invest now

Performance

Trend

Hypothetical growth of $10,000.

As of

06/30/2022

. Fund inception date: 10/04/2021.

Standarized Returns
SPFFX
SPY

1 month

-7.14%

-8.24%

3 month

-15.96%

-16.06%

6 month

-20.12%

-19.92%

Year to date

-20.12%

-19.92%

Since inception

-12.90%

-11.98%

As of

06/30/2022

Annualized Returns
SPFFX
SPY

1 month

N/A

N/A

3 month

N/A

N/A

6 month

N/A

N/A

Year to date

N/A

N/A

Since inception

N/A

N/A

As of

06/30/2022

Constituents

Amount distributed to each stock.

Apple

AAPL

8.45%

Microsoft

AAPL

8.45%

Amazon.com

AAPL

8.45%

Tesla

AAPL

8.45%

Alphabet Class "C"

GOOG

8.45%

Alphabet A

GOOGL

8.45%

UnitedHealth Group

AAPL

8.45%

Johnson & Johnson

AAPL

8.45%

JP Morgan Chase & Co.

AAPL

8.45%

Procter & Gamble

AAPL

8.45%

As of

06/30/2022

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confidence

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conscience