Symbols

SPYX

State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF·NYSE

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Key Stats

Assets Under Management

2.33BUSD

Fund Flows (1Y)

-83.98MUSD

Dividend Yield

0.91%

Discount/Premium to NAV

-0.02%

Shares Outstanding

41.94M

Expense Ratio

0.20%

About State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-sp-500-fossil-fuel-reserves-free-etf-spyx

Inception Date

Nov 30, 2015

Structure

Open-Ended Fund

Index Tracked

S&P 500 Fossil Fuel Free Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

SPYX follows a subset of the S&P 500 index, divesting itself of certain energy-related firms. Companies owning fossil fuel reserves—defined here as crude oil, natural gas and coal—are removed and the resulting market- cap weighted roster forms the index. Excluding individual sectors or industries from the S&P 500 isn't new, and the fund offers a targeted exclusion (fossil fuel holders). Launched in December 2015, the fund has some sector tilts due to its "Fossil Free” stance. However, the coverage still provides solid US large- caps and slight mid- caps exposure. The index is rebalanced quarterly.