We can make removing fossil fuel risk easy.
The Sphere 500 Climate Fund is a 7 bp climate-friendly US core equity investment option. It does not invest in fossil fuels and it votes its shares in the long-term best interest of shareholders, which aligns with taking climate action. 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 Climate Fund tracks the Sphere 500 Fossil-Free Index, which tracks the Top 500 US companies by market capitalization and excludes fossil fuel companies to avoid stranded asset risk.
The top 500 minus fossil fuels
The Sphere 500 index has the top 500 US companies by market capitalization, minus 93 companies. The independent non-profit As You Sow creates the list of fossil fuel and other companies that are excluded.
Learn more about the index500 largest US companies
Removed 52 fossil fuel companies
Removed 41 deforestation, tobacco, civilian firearm, military weapon, and private prison companies
407 / 500
Holdings
Overview
0.07% expense ratio
Priced for 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 distributors, refiners, or suppliers of equipment to the fossil fuel industry.
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
Custodian
Administrator and Distributor
A fund that can check all the boxes.
Affordable
Environmentally-friendly funds often are priced at a premium. SPFFX is priced 8.5x 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
Sphere 500 Climate Fund (SPFFX)
A typical climate-friendly fund
SourceSimple 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.
Learn how to invest in SPFFX
Anyone can invest in this mutual fund, with or without a 401(k).
Invest nowPerformance
Hypothetical growth of $10,000.
Sphere 500 Climate Fund (SPFFX)
S&P 500
As of
12/31/2022
. Fund inception date: 10/04/2021.
Standardized Returns
SPFFX
SPFFXI
S&P 500
1 month
2.11%
2.15%
2.14%
3 months
4.69%
5.02%
5.89%
Year to date
20.06%
21.91%
22.08%
1 year
35.58%
38.75%
36.35%
Since inception
9.91%
11.21%
11.95%
As of
9/30/2024
Annualized Returns
SPFFX
SPFFXI
S&P 500
1 year
33.37%
38.41%
36.89%
3 years
9.78%
11.07%
11.91%
5 years
N/A
N/A
N/A
10 years
N/A
N/A
N/A
Since inception
9.78%
11.07%
11.91%
As of
10/04/2024
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All periods greater than One year are annualized. For the most recent month-end performance, please call 844-2-SPHERE.
Constituents
Amount distributed to each stock.
As of
09/30/2022
Portfolio Holdings are subject to change and should not be considered investment advice.
View full list
