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

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 fund

500 largest US companies

Removed 52 fossil fuel companies

Removed 41 deforestation, tobacco, civilian firearm, military weapon, 
and private prison companies

407 / 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.

Hypothetical growth of $10,000.

Sphere 500 Fossil-Free Index (SPFFXI)
S&P 500

As of

06/30/2022

Cumulative Returns
SPFFXI
S&P 500

1 year

26.4%

24.6%

3 years

29.6%

33.2%

5 years

106.6%

101.6%

10 years

246.8%

235.2%

All

462.3%

431.2%

Annualized Returns
SPFFXI
S&P 500

1 year

26.4%

24.6%

3 years

9.0%

110.0%

5 years

15.6%

15.1%

10 years

13.2%

12.9%

All

14.2%

13.7%

Annualized Volatility
SPFFXI
S&P 500

1 year

15.9%

14.7%

3 years

18.4%

17.6%

5 years

18.6%

18.1%

10 years

15.7%

15.3%

All

15.0%

14.6%

Correlation to the S&P 500
SPFFXI

1 year

.993

3 years

.995

5 years

.994

10 years

.995

All

.990

As of

6/30/2024

Constituents

Amount distributed to each stock.

Apple Inc

AAPL

Microsoft Corp

MSFT

Nvidia Corp

NVDA

Amazon.Com Inc

AMZN

Meta Platforms Inc-Class A

META

Alphabet Inc-Cl A

GOOGL

Alphabet Inc-Cl C

GOOG

Broadcom Inc

AVGO

Eli Lilly & Co

LLY

Tesla Inc

TSLA

As of

09/30/2022

View full list

Index methodology

The Sphere 500 Fossil-Free Index starts with the largest 500 U.S. companies by market capitalization and excludes companies defined by As You Sow, an unaffiliated non-profit, as being in the fossil fuel industry or engaged in deforestation activities, firearms manufacturing or gun sales, operating private prisons, or manufacturing tobacco products.  This index has climate-focused social goals and excludes those industries that are in decline over long-term timelines.

Fossil fuel companies are defined as 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.

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

You are on the Sphere 500 Fossil-Free Index page.

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.

Proceed

X

All Constituents

AS OF May 28, 2025TICKERWEIGHT
APPLE INCAAPL8.09%
MICROSOFT CORPMSFT7.20%
NVIDIA CORPNVDA6.83%
AMAZON.COM INCAMZN4.01%
META PLATFORMS INC-CLASS AMETA3.00%
ALPHABET INC-CL AGOOGL2.29%
ALPHABET INC-CL CGOOG2.05%
BROADCOM INCAVGO1.85%
ELI LILLY & COLLY1.78%
TESLA INCTSLA1.58%
JPMORGAN CHASE & COJPM1.37%
UNITEDHEALTH GROUP INCUNH1.29%
VISA INC-CLASS A SHARESV1.09%
HOME DEPOT INCHD0.96%
MASTERCARD INC - AMA0.96%
PROCTER & GAMBLE CO/THEPG0.94%
COSTCO WHOLESALE CORPCOST0.91%
JOHNSON & JOHNSONJNJ0.91%
ABBVIE INCABBV0.81%
BANK OF AMERICA CORPBAC0.72%
COCA-COLA CO/THEKO0.71%
NETFLIX INCNFLX0.71%
MERCK & CO. INC.MRK0.66%
ORACLE CORPORCL0.63%
ADVANCED MICRO DEVICESAMD0.62%
SALESFORCE INCCRM0.62%
PEPSICO INCPEP0.54%
THERMO FISHER SCIENTIFIC INCTMO0.54%
ACCENTURE PLC-CL AACN0.53%
ADOBE INCADBE0.52%
LINDE PLCLIN0.52%
MCDONALD'S CORPMCD0.51%
CISCO SYSTEMS INCCSCO0.49%
SUPER MICRO COMPUTER INCSMCI0.49%
INTL BUSINESS MACHINES CORPIBM0.48%
ABBOTT LABORATORIESABT0.46%
AMERICAN EXPRESS COAXP0.45%
CATERPILLAR INCCAT0.45%
QUALCOMM INCQCOM0.44%
VERIZON COMMUNICATIONS INCVZ0.44%
WELLS FARGO & COWFC0.44%
TEXAS INSTRUMENTS INCTXN0.43%
SERVICENOW INCNOW0.43%
DANAHER CORPDHR0.42%
AMGEN INCAMGN0.40%
WALT DISNEY CO/THEDIS0.40%
INTUITIVE SURGICAL INCISRG0.40%
INTUIT INCINTU0.39%
APPLIED MATERIALS INCAMAT0.39%
S&P GLOBAL INCSPGI0.38%
PFIZER INCPFE0.38%
AT&T INCT0.37%
COMCAST CORP-CLASS ACMCSA0.37%
LOWE'S COS INCLOW0.36%
GOLDMAN SACHS GROUP INCGS0.36%
PROGRESSIVE CORPPGR0.35%
UBER TECHNOLOGIES INCUBER0.35%
UNION PACIFIC CORPUNP0.34%
BLACKROCK INCBLK0.33%
BOOKING HOLDINGS INCBKNG0.32%
TJX COMPANIES INCTJX0.31%
MORGAN STANLEYMS0.31%
STRYKER CORPSYK0.30%
BOSTON SCIENTIFIC CORPBSX0.29%
VERTEX PHARMACEUTICALS INCVRTX0.28%
CITIGROUP INCC0.28%
AUTOMATIC DATA PROCESSINGADP0.27%
CHUBB LTDCB0.27%
ELEVANCE HEALTH INCELV0.27%
PROLOGIS INCPLD0.27%
MEDTRONIC PLCMDT0.27%
MICRON TECHNOLOGY INCMU0.27%
ANALOG DEVICES INCADI0.26%
BRISTOL-MYERS SQUIBB COBMY0.26%
MARSH & MCLENNAN COSMMC0.26%
PALO ALTO NETWORKS INCPANW0.25%
REGENERON PHARMACEUTICALSREGN0.25%
AMERICAN TOWER CORPAMT0.25%
SCHWAB (CHARLES) CORPSCHW0.25%
STARBUCKS CORPSBUX0.25%
LAM RESEARCH CORPLRCX0.25%
FISERV INCFI0.25%
GILEAD SCIENCES INCGILD0.25%
KLA CORPKLAC0.25%
DEERE & CODE0.24%
T-MOBILE US INCTMUS0.24%
N/AN/A0.24%
UNITED PARCEL SERVICE-CL BUPS0.23%
NIKE INC -CL BNKE0.22%
INTEL CORPINTC0.22%
MONDELEZ INTERNATIONAL INC-AMDLZ0.22%
THE CIGNA GROUPCI0.22%
INTERCONTINENTAL EXCHANGE INICE0.22%
TRANE TECHNOLOGIES PLCTT0.21%
SHERWIN-WILLIAMS CO/THESHW0.20%
ZOETIS INCZTS0.20%
MOODY'S CORPMCO0.20%
WASTE MANAGEMENT INCWM0.20%
EQUINIX INCEQIX0.20%
COLGATE-PALMOLIVE COCL0.19%
CME GROUP INCCME0.19%
CVS HEALTH CORPCVS0.19%
PAYPAL HOLDINGS INCPYPL0.19%
CHIPOTLE MEXICAN GRILL INCCMG0.18%
WELLTOWER INCWELL0.18%
ILLINOIS TOOL WORKSITW0.18%
SYNOPSYS INCSNPS0.18%
AON PLC-CLASS AAON0.18%
3M COMMM0.17%
HCA HEALTHCARE INCHCA0.17%
CADENCE DESIGN SYS INCCDNS0.17%
FREEPORT-MCMORAN INCFCX0.17%
PNC FINANCIAL SERVICES GROUPPNC0.17%
CINTAS CORPCTAS0.17%
TARGET CORPTGT0.16%
BECTON DICKINSON AND COBDX0.16%
US BANCORPUSB0.16%
CARRIER GLOBAL CORPCARR0.16%
O'REILLY AUTOMOTIVE INCORLY0.16%
CROWDSTRIKE HOLDINGS INC - ACRWD0.15%
ECOLAB INCECL0.15%
EMERSON ELECTRIC COEMR0.15%
MCKESSON CORPMCK0.15%
ARTHUR J GALLAGHER & COAJG0.15%
MARVELL TECHNOLOGY INCMRVL0.15%
NEWMONT CORPNEM0.14%
MARRIOTT INTERNATIONAL -CL AMAR0.14%
ROPER TECHNOLOGIES INCROP0.14%
FEDEX CORPFDX0.14%
AUTODESK INCADSK0.14%
AFLAC INCAFL0.14%
HILTON WORLDWIDE HOLDINGS INHLT0.13%
PUBLIC STORAGEPSA0.13%
TRUIST FINANCIAL CORPTFC0.13%
NORFOLK SOUTHERN CORPNSC0.13%
DR HORTON INCDHI0.13%
CAPITAL ONE FINANCIAL CORPCOF0.13%
SIMON PROPERTY GROUP INCSPG0.13%
REALTY INCOME CORPO0.13%
APOLLO GLOBAL MANAGEMENT INCAPO0.13%
AIRBNB INC-CLASS AABNB0.13%
TRAVELERS COS INC/THETRV0.12%
AUTOZONE INCAZO0.12%
PACCAR INCPCAR0.12%
BANK OF NEW YORK MELLON CORPBK0.12%
UNITED RENTALS INCURI0.12%
DIGITAL REALTY TRUST INCDLR0.12%
WORKDAY INC-CLASS AWDAY0.12%
GENERAL MOTORS COGM0.12%
JOHNSON CONTROLS INTERNATIONJCI0.12%
CROWN CASTLE INCCCI0.12%
ALLSTATE CORPALL0.12%
TRADE DESK INC/THE -CLASS ATTD0.12%
FORTINET INCFTNT0.11%
ROSS STORES INCROST0.11%
METLIFE INCMET0.11%
KIMBERLY-CLARK CORPKMB0.11%
AMERIPRISE FINANCIAL INCAMP0.11%
AMERICAN INTERNATIONAL GROUPAIG0.11%
FAIR ISAAC CORPFICO0.11%
FIDELITY NATIONAL INFO SERVFIS0.11%
COPART INCCPRT0.11%
WW GRAINGER INCGWW0.11%
MSCI INCMSCI0.11%
PAYCHEX INCPAYX0.11%
LENNAR CORP-ALEN0.10%
CUMMINS INCCMI0.10%
TE CONNECTIVITY PLCTEL0.10%
DOORDASH INC - ADASH0.10%
QUANTA SERVICES INCPWR0.10%
MONOLITHIC POWER SYSTEMS INCMPWR0.10%
KENVUE INCKVUE0.10%
PRUDENTIAL FINANCIAL INCPRU0.10%
OTIS WORLDWIDE CORPOTIS0.10%
AGILENT TECHNOLOGIES INCA0.10%
REPUBLIC SERVICES INCRSG0.10%
KRAFT HEINZ CO/THEKHC0.10%
IQVIA HOLDINGS INCIQV0.10%
ROYAL CARIBBEAN CRUISES LTDRCL0.10%
FORD MOTOR COF0.10%
MICROCHIP TECHNOLOGY INCMCHP0.10%
GENERAL MILLS INCGIS0.10%
FASTENAL COFAST0.10%
CORTEVA INCCTVA0.09%
INGERSOLL-RAND INCIR0.09%
KROGER COKR0.09%
IDEXX LABORATORIES INCIDXX0.09%
EDWARDS LIFESCIENCES CORPEW0.09%
KEURIG DR PEPPER INCKDP0.09%
YUM! BRANDS INCYUM0.09%
VERISK ANALYTICS INCVRSK0.09%
GE HEALTHCARE TECHNOLOGYGEHC0.09%
CENCORA INCCOR0.09%
GARTNER INCIT0.09%
COGNIZANT TECH SOLUTIONS-ACTSH0.09%
CENTENE CORPCNC0.09%
VERTIV HOLDINGS CO-AVRT0.09%
SYSCO CORPSYY0.09%
CBRE GROUP INC - ACBRE0.09%
CONSTELLATION BRANDS INC-ASTZ0.09%
EXTRA SPACE STORAGE INCEXR0.09%
DUPONT DE NEMOURS INCDD0.09%
EQUIFAX INCEFX0.09%
MONSTER BEVERAGE CORPMNST0.08%
BLOCK INCXYZ0.08%
NUCOR CORPNUE0.08%
OLD DOMINION FREIGHT LINEODFL0.08%
RESMED INCRMD0.08%
DATADOG INC - CLASS ADDOG0.08%
CORNING INCGLW0.08%
IRON MOUNTAIN INCIRM0.08%
ALNYLAM PHARMACEUTICALS INCALNY0.08%
HP INCHPQ0.08%
SNOWFLAKE INC-CLASS ASNOW0.08%
DISCOVER FINANCIAL SERVICESDFS0.08%
HARTFORD INSURANCE GROUP INCHIG0.08%
VICI PROPERTIES INCVICI0.08%
ELECTRONIC ARTS INCEA0.08%
DELL TECHNOLOGIES -CDELL0.08%
XYLEM INCXYL0.08%
EBAY INCEBAY0.08%
VULCAN MATERIALS COVMC0.07%
MARTIN MARIETTA MATERIALSMLM0.07%
TRACTOR SUPPLY COMPANYTSCO0.07%
AVALONBAY COMMUNITIES INCAVB0.07%
WABTEC CORPWAB0.07%
COINBASE GLOBAL INC -CLASS ACOIN0.07%
CHARTER COMMUNICATIONS INC-ACHTR0.07%
METTLER-TOLEDO INTERNATIONALMTD0.07%
DELTA AIR LINES INCDAL0.07%
VEEVA SYSTEMS INC-CLASS AVEEV0.07%
ROCKWELL AUTOMATION INCROK0.07%
ON SEMICONDUCTORON0.07%
COSTAR GROUP INCCSGP0.07%
PPG INDUSTRIES INCPPG0.07%
PULTEGROUP INCPHM0.07%
CDW CORP/DECDW0.07%
HUMANA INCHUM0.07%
M & T BANK CORPMTB0.07%
COUPANG INCCPNG0.07%
MICROSTRATEGY INC-CL AMSTR0.07%
NVR INCNVR0.07%
LULULEMON ATHLETICA INCLULU0.07%
AMERICAN WATER WORKS CO INCAWK0.07%
HERSHEY CO/THEHSY0.07%
FIFTH THIRD BANCORPFITB0.07%
EQUITY RESIDENTIALEQR0.06%
ANSYS INCANSS0.06%
NASDAQ INCNDAQ0.06%
ARES MANAGEMENT CORP - AARES0.06%
CARDINAL HEALTH INCCAH0.06%
BIOGEN INCBIIB0.06%
KEYSIGHT TECHNOLOGIES INKEYS0.06%
HEWLETT PACKARD ENTERPRISEHPE0.06%
GARMIN LTDGRMN0.06%
DEXCOM INCDXCM0.06%
DOVER CORPDOV0.06%
VENTAS INCVTR0.06%
SBA COMMUNICATIONS CORPSBAC0.06%
STATE STREET CORPSTT0.06%
ATLASSIAN CORP-CL ATEAM0.06%
HUBSPOT INCHUBS0.06%
NETAPP INCNTAP0.06%
BROADRIDGE FINANCIAL SOLUTIOBR0.06%
APPLOVIN CORP-CLASS AAPP0.06%
GLOBAL PAYMENTS INCGPN0.06%
CHURCH & DWIGHT CO INCCHD0.06%
TYLER TECHNOLOGIES INCTYL0.06%
BROWN & BROWN INCBRO0.06%
LYONDELLBASELL INDU-CL ALYB0.06%
WEYERHAEUSER COWY0.06%
TAKE-TWO INTERACTIVE SOFTWRETTWO0.06%
FIRST SOLAR INCFSLR0.06%
DECKERS OUTDOOR CORPDECK0.06%
CLOUDFLARE INC - CLASS ANET0.06%
KELLANOVAK0.06%
T ROWE PRICE GROUP INCTROW0.05%
INTL FLAVORS & FRAGRANCESIFF0.05%
RAYMOND JAMES FINANCIAL INCRJF0.05%
STERIS PLCSTE0.05%
SEAGATE TECHNOLOGY HOLDINGSSTX0.05%
HUBBELL INCHUBB0.05%
WESTERN DIGITAL CORPWDC0.05%
BUILDERS FIRSTSOURCE INCBLDR0.05%
ESTEE LAUDER COMPANIES-CL AEL0.05%
GODADDY INC - CLASS AGDDY0.05%
ILLUMINA INCILMN0.05%
WEST PHARMACEUTICAL SERVICESWST0.05%
CORPAY INCCPAY0.05%
ROBLOX CORP -CLASS ARBLX0.05%
COOPER COS INC/THECOO0.05%
ZIMMER BIOMET HOLDINGS INCZBH0.05%
PTC INCPTC0.05%
WATERS CORPWAT0.05%
INVITATION HOMES INCINVH0.05%
CINCINNATI FINANCIAL CORPCINF0.05%
TERADYNE INCTER0.05%
TRANSUNIONTRU0.05%
MODERNA INCMRNA0.05%
CARLISLE COS INCCSL0.05%
LAS VEGAS SANDS CORPLVS0.05%
MCCORMICK & CO-NON VTG SHRSMKC0.05%
HUNTINGTON BANCSHARES INCHBAN0.05%
CLOROX COMPANYCLX0.05%
ALEXANDRIA REAL ESTATE EQUITARE0.05%
MARKEL GROUP INCMKL0.05%
EMCOR GROUP INCEME0.05%
BALL CORPBALL0.05%
OMNICOM GROUPOMC0.05%
PRINCIPAL FINANCIAL GROUPPFG0.05%
PINTEREST INC- CLASS APINS0.05%
SYNCHRONY FINANCIALSYF0.05%
BEST BUY CO INCBBY0.05%
MOLINA HEALTHCARE INCMOH0.05%
DARDEN RESTAURANTS INCDRI0.05%
FIRST CITIZENS BCSHS -CL AFCNCA0.04%
GENUINE PARTS COGPC0.04%
LENNOX INTERNATIONAL INCLII0.04%
CARVANA COCVNA0.04%
PACKAGING CORP OF AMERICAPKG0.04%
ZEBRA TECHNOLOGIES CORP-CL AZBRA0.04%
WILLIAMS-SONOMA INCWSM0.04%
ESSEX PROPERTY TRUST INCESS0.04%
STEEL DYNAMICS INCSTLD0.04%
N/AN/A0.04%
SOUTHWEST AIRLINES COLUV0.04%
UNITED AIRLINES HOLDINGS INCUAL0.04%
HOLOGIC INCHOLX0.04%
EXPEDIA GROUP INCEXPE0.04%
MASCO CORPMAS0.04%
MONGODB INCMDB0.04%
VERISIGN INCVRSN0.04%
MID-AMERICA APARTMENT COMMMAA0.04%
LABCORP HOLDINGS INCLH0.04%
DOLLAR GENERAL CORPDG0.04%
BAXTER INTERNATIONAL INCBAX0.04%
DRAFTKINGS INC-CL ADKNG0.04%
NORTHERN TRUST CORPNTRS0.04%
ZOOM COMMUNICATIONS INCZM0.04%
ULTA BEAUTY INCULTA0.04%
LPL FINANCIAL HOLDINGS INCLPLA0.04%
FACTSET RESEARCH SYSTEMS INCFDS0.04%
CARNIVAL CORPCCL0.04%
WARNER BROS DISCOVERY INCWBD0.04%
EXPEDITORS INTL WASH INCEXPD0.04%
WR BERKLEY CORPWRB0.04%
QUEST DIAGNOSTICS INCDGX0.04%
AVERY DENNISON CORPAVY0.04%
MANHATTAN ASSOCIATES INCMANH0.04%
LIVE NATION ENTERTAINMENT INLYV0.04%
WATSCO INCWSO0.04%
AVANTOR INCAVTR0.04%
ENTEGRIS INCENTG0.04%
ALIGN TECHNOLOGY INCALGN0.04%
BURLINGTON STORES INCBURL0.04%
STANLEY BLACK & DECKER INCSWK0.04%
RPM INTERNATIONAL INCRPM0.04%
SUN COMMUNITIES INCSUI0.04%
AMCOR PLCAMCR0.04%
CF INDUSTRIES HOLDINGS INCCF0.04%
INSULET CORPPODD0.04%
IDEX CORPIEX0.04%
PENTAIR PLCPNR0.04%
FIDELITY NATIONAL FINANCIALFNF0.04%
ZSCALER INCZS0.04%
SS&C TECHNOLOGIES HOLDINGSSSNC0.04%
LIBERTY MEDIA CORP-FORMULA-CFWONK0.04%
HEALTHPEAK PROPERTIES INCDOC0.04%
TOLL BROTHERS INCTOL0.04%
SKYWORKS SOLUTIONS INCSWKS0.04%
KEYCORPKEY0.04%
UNITED THERAPEUTICS CORPUTHR0.04%
RELIANCE INCRS0.04%
PURE STORAGE INC - CLASS APSTG0.04%
REVVITY INCRVTY0.04%
KIMCO REALTY CORPKIM0.04%
GEN DIGITAL INCGEN0.04%
TRIMBLE INCTRMB0.04%
AKAMAI TECHNOLOGIES INCAKAM0.04%
SNAP-ON INCSNA0.04%
GUIDEWIRE SOFTWARE INCGWRE0.04%
OWENS CORNINGOC0.04%
DOLLAR TREE INCDLTR0.04%
DYNATRACE INCDT0.03%
US FOODS HOLDING CORPUSFD0.03%
NATERA INCNTRA0.03%
UDR INCUDR0.03%
DOMINO'S PIZZA INCDPZ0.03%
TENET HEALTHCARE CORPTHC0.03%
NUTANIX INC - ANTNX0.03%
ROLLINS INCROL0.03%
GRACO INCGGG0.03%
LOEWS CORPL0.03%
REINSURANCE GROUP OF AMERICARGA0.03%
CONAGRA BRANDS INCCAG0.03%
ENPHASE ENERGY INCENPH0.03%
NORDSON CORPNDSN0.03%
BROWN-FORMAN CORP-CLASS BBF.B0.03%
HUNT (JB) TRANSPRT SVCS INCJBHT0.03%
CASEY'S GENERAL STORES INCCASY0.03%
GAMING AND LEISURE PROPERTIEGLPI0.03%
WP CAREY INCWPC0.03%
VAXCYTE INCPCVX0.03%
CNA FINANCIAL CORPCNA0.03%
AMERICAN HOMES 4 RENT- AAMH0.03%
REGENCY CENTERS CORPREG0.03%
BIOMARIN PHARMACEUTICAL INCBMRN0.03%