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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SPFFX
TOP 500

417 / 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.

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

AAPL

Microsoft

AAPL

Amazon.com

AAPL

Tesla

AAPL

Alphabet Class "C"

GOOG

Alphabet A

GOOGL

UnitedHealth Group

AAPL

Johnson & Johnson

AAPL

JP Morgan Chase & Co.

AAPL

Procter & Gamble

AAPL

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

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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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