500

For the first time, divesting from fossil fuels 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.

The Sphere 500 Climate Fund tracks this index
About the fund

The top 500 minus fossil fuels

This index includes 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.

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414 / 500

Holdings

Invest with
confidence

Invest with
conscience

Removing fossil fuel companies has increased earnings.

Hypothetical growth of $10,000

Sphere 500 Fossil-Free Index (SPFFXI)

SPDR S&P 500 ETF (SPY ETF)

As of ___

Removing fossil fuels has improved returns.

Trend

Hypothetical growth of $10,000.

As of

06/30/2022

Cumulative Returns
SPFFXI
SPY

1 year

5.39%

5.39%

3 years

5.39%

5.39%

5 years

5.39%

5.39%

10 years

5.39%

5.39%

All

5.39%

5.39%

Annualized Returns
SPFFXI
SPY

1 year

5.39%

5.39%

3 years

5.39%

5.39%

5 years

5.39%

5.39%

10 years

5.39%

5.39%

All

5.39%

5.39%

Annualized Volatility
SPFFXI
SPY

1 year

5.39%

5.39%

3 years

5.39%

5.39%

5 years

5.39%

5.39%

10 years

5.39%

5.39%

All

5.39%

5.39%

Sharpe Ratio
SPFFXI
SPY

1 year

5.39%

5.39%

3 years

5.39%

5.39%

5 years

5.39%

5.39%

10 years

5.39%

5.39%

All

5.39%

5.39%

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

View full list

Index methodology

The Sphere 500 Fossil-Free Index includes the largest 500 companies traded at regulated US stock exchanges by market capitalization and excludes the fossil fuel and other companies that are in the list, as identified at the Fossil Free Funds website created by the independent non-profit organization As You Sow.

The exclusionary list of fossil fuel and other companies includes those whose main lines of business are to produce, distribute, or refine fossil fuels; hold reserves of fossil fuels; utilities that are primarily fossil fuel-powered, and producers of equipment for any of the above. For more specific details about the methodology, please refer to the BITA Equity Corporate Actions Methodology guides.

Quick facts

Weighting

Free Float Market Cap

No. of constituents

Max 500

Rebalancing frequency

Quarterly

Calculation hours

9:30am to 4:30pm ET

Currency

USD

Inception date

Aug 9, 2021

Backtesting start date

Jun 17, 2011

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You have been redirected to the Sphere 500 Fossil-Free Index page. Some of the materials are not suitable for all investors. Please note that the Index page may be subject to rules and regulations that may differ significantly from those to which the Fund page is subject and may not be appropriate for use by residents in all jurisdictions. Your access to and use of the index page will be subject to the applicable terms of use posted on the page.  Please take note that the disclosures, privacy policy, and terms of use may vary between pages.

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All Constituents