More Results

    Are you sure you want to change languages?

    The page you are visiting uses a different locale than your saved profile. Do you want to change your locale?

    From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities. Find out more.

    Okay

    SPDR® S&P® 500 Fossil Fuel Reserves Free ETF SPYX

    Important Risk Disclosure

    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    $93.32

    as of Jan 14 2021

    Base Currency

    USD

    Assets Under Management

    $917.34 M

    as of Jan 14 2021

    Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    0.25%

    Quick Links

    Key Features

    Key Features

    • The SPDR® S&P® 500 Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P® 500 Fossil Fuel Free Index (the “Index”)
    • Seeks to allow climate change-conscious investors to align the core of their investment strategy with their values by eliminating companies that own fossil fuel reserves from the S&P 500®
    • Serves as a potential replacement for current S&P 500 exposure for investors interested in eliminating fossil fuel reserves from their portfolio
    • Like the S&P 500 Index, the benchmark for this ETF also focuses on US large cap equities

    About this Benchmark

    About this Benchmark

    The S&P® 500 Fossil Fuel Free Index is designed to measure the performance of companies in the S&P 500 Index that are “fossil fuel free”, which are defined as companies that do not own fossil  fuel reserves. For purposes of the composition of the Index, fossil fuel reserves are defined as (i) thermal coal reserves, (ii) other non-metallurgical coal reserves (e.g., coal for chemical biproducts, coal briquettes, residential use, liquid fuel, cement production, paper manufacturing, pharmaceutical, alumina refineries, ferrochrome, anthracite) (iii) conventional or unconventional oil reserves (e.g., natural gas liquids, oil sands, condensates and liquid petroleum gas), (iv) natural gas reserves, (v) shale gas reserves, and (vi) oil and gas reserves that have not been disclosed transparently as specific types of oil or gas, or are disclosed as one aggregate quantity of oil and gas reserves combined . The Index is a subset of the S&P 500 Index (the “Underlying Index”), which serves as the initial universe of eligible securities for the Index. The Underlying Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts (“REITs”).

    Fund Information as of Jan 14 2021

    Fund Information as of Jan 14 2021
    Benchmark Inception Date Options Available Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    		 Net Expense Ratio

    SSGA Funds Management, Inc. (“SSGA FM” or “Adviser”) has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses, until October 31, 2021, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are  limited to 0.20% of the Fund's average daily net assets. The contractual fee waiver and/or reimbursement does not provide for the recoupment by the Adviser of any fees the Adviser previously waived. The Adviser may continue the waiver and/or reimbursement from year to year, but there is no guarantee that the Adviser will do so and the waiver and/or reimbursement may be cancelled or modified at any time after October 31, 2021. This waiver and/or reimbursement may not be terminated prior to October 31, 2021 except with the approval of the Fund's Board of Trustees.

    		 Base Currency Investment Manager
    S&P 500 Fossil Fuel Free Index Nov 30 2015 No 0.25% 0.20% USD SSGA Funds Management, Inc.
    Benchmark S&P 500 Fossil Fuel Free Index
    Inception Date Nov 30 2015
    Options Available No
    Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    		 0.25%
    Net Expense Ratio

    SSGA Funds Management, Inc. (“SSGA FM” or “Adviser”) has contractually agreed to waive a portion of its management fee and/or reimburse certain expenses, until October 31, 2021, so that the net annual Fund operating expenses, before application of any fees and expenses not paid by the Adviser pursuant to the Investment Advisory Agreement, if any, are  limited to 0.20% of the Fund's average daily net assets. The contractual fee waiver and/or reimbursement does not provide for the recoupment by the Adviser of any fees the Adviser previously waived. The Adviser may continue the waiver and/or reimbursement from year to year, but there is no guarantee that the Adviser will do so and the waiver and/or reimbursement may be cancelled or modified at any time after October 31, 2021. This waiver and/or reimbursement may not be terminated prior to October 31, 2021 except with the approval of the Fund's Board of Trustees.

    		 0.20%
    Base Currency USD
    Investment Manager SSGA Funds Management, Inc.
    Management Team Distributor Distribution Frequency
    Global Equity Beta Solutions State Street Global Advisors Funds Distributors, LLC Quarterly
    Management Team Global Equity Beta Solutions
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Quarterly

    Listing Information as of Jan 14 2021

    Listing Information as of Jan 14 2021
    Exchange Listing Date Trading Currency Ticker CUSIP ISIN
    NYSE ARCA EXCHANGE Dec 01 2015 USD SPYX 78468R796 US78468R7961
    Exchange NYSE ARCA EXCHANGE
    Listing Date Dec 01 2015
    Trading Currency USD
    Ticker SPYX
    CUSIP 78468R796
    ISIN US78468R7961

    Fund Characteristics as of Jan 14 2021

    Fund Characteristics as of Jan 14 2021
    Est. 3-5 Year EPS Growth

    Estimated 3-5 Year EPS Growth

    Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

    		 Number of Holdings Price/Book Ratio

    Price/Book Ratio

    The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

    		 Price/Earnings Ratio FY1

    Price/Earnings Ratio FY1

    The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

    		 Weighted Average Market Cap
    12.04% 490 4.11 24.45 $466,212.00 M
    Est. 3-5 Year EPS Growth

    Estimated 3-5 Year EPS Growth

    Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

    		 12.04%
    Number of Holdings 490
    Price/Book Ratio

    Price/Book Ratio

    The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

    		 4.11
    Price/Earnings Ratio FY1

    Price/Earnings Ratio FY1

    The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

    		 24.45
    Weighted Average Market Cap $466,212.00 M

    Index Characteristics as of Jan 14 2021

    Index Characteristics as of Jan 14 2021
    Est. 3-5 Year EPS Growth Number of Holdings Price/Cash Flow Price/Earnings Price/Earnings Ratio FY1
    12.04% 490 15.74 28.47 24.46
    Est. 3-5 Year EPS Growth 12.04%
    Number of Holdings 490
    Price/Cash Flow 15.74
    Price/Earnings 28.47
    Price/Earnings Ratio FY1 24.46

    Index Statistics as of Jan 14 2021

    Index Statistics as of Jan 14 2021

    Average Size
    Size Range
    Weighted Average Market Cap Mean Median Largest Smallest
    $466,058.70 M $69,227.02 M $27,716.51 M $2,188,474.80 M $4,534.32 M
    Weighted Average Market Cap $466,058.70 M
    Average Size
    Mean $69,227.02 M
    Median $27,716.51 M
    Size Range
    Largest $2,188,474.80 M
    Smallest $4,534.32 M

    Yields as of Jan 14 2021

    Yields as of Jan 14 2021
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 30 Day SEC Yield (Unsubsidized)

    30 Day SEC Yield (Unsubsidized)

    An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

    		 Fund Dividend Yield

    Fund Dividend Yield

    The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

    		 Index Dividend Yield

    Index Dividend Yield

    The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.
    1.26% 1.21% 1.33% 1.45%
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 1.26%
    30 Day SEC Yield (Unsubsidized)

    30 Day SEC Yield (Unsubsidized)

    An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price that does not account for expense ratio waivers.

    		 1.21%
    Fund Dividend Yield

    Fund Dividend Yield

    The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

    		 1.33%
    Index Dividend Yield

    Index Dividend Yield

    The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

    		 1.45%

    Fund Market Price as of Jan 14 2021

    Fund Market Price as of Jan 14 2021
    Bid/Ask

    Bid/Ask Mid Point

    (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

    		 Closing Price

    Closing Price

    Market Price of last reported trade on the exchange.

    		 Day High Day Low Exchange Volume (Shares)

    Exchange Volume (shares)

    Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

    		 Premium/Discount

    Premium/Discount to NAV

    Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

    		 30-Day Median Bid/Ask Spread

    The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.
    $93.40 $93.47 $94.17 $93.37 6,487 0.09% 0.05%
    Bid/Ask

    Bid/Ask Mid Point

    (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given security.

    		 $93.40
    Closing Price

    Closing Price

    Market Price of last reported trade on the exchange.

    		 $93.47
    Day High $94.17
    Day Low $93.37
    Exchange Volume (Shares)

    Exchange Volume (shares)

    Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

    		 6,487
    Premium/Discount

    Premium/Discount to NAV

    Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

    		 0.09%
    30-Day Median Bid/Ask Spread

    The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day.

    		 0.05%

    Premium Discount to NAV Graph and Summary

    The line graph and table below show historical information about the differences between the daily closing price for shares of the fund (as determined by the fund’s listing exchange) and the fund’s net asset value over certain periods. The vertical axis of the line graph shows the premium/discount expressed as a percentage of NAV. The horizontal axis indicates the date at which the premium/discount occurred. The table shows the number of trading days in which the fund traded at a premium or at a discount to NAV.

    x axis: Dates
    y axis: Premium or Discount (bps)

    Number of Days Summary

    Calendar Year 2020
    Days Traded at Premium
    Number of days the ETF closing price was above the NAV.
    		 224
    Days Traded at Discount
    Number of days the ETF closing price was below the NAV.
    		 29
    Days Traded at Premium
    Number of days the ETF closing price was above the NAV.
    Calendar Year 2020 224
    Days Traded at Discount
    Number of days the ETF closing price was below the NAV.
    Calendar Year 2020 29
    Fund Data

    Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

    Fund Net Cash Amount as of Jan 14 2021

    Fund Net Cash Amount as of Jan 14 2021
    Net Cash Amount
    $806,341.41
    Net Cash Amount $806,341.41

    Fund Net Asset Value as of Jan 14 2021

    Fund Net Asset Value as of Jan 14 2021
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 Shares Outstanding Assets Under Management
    $93.32 9.83 M $917.34 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 $93.32
    Shares Outstanding 9.83 M
    Assets Under Management $917.34 M
    Most Recent NAV / NAV History

    Fund Performance

    Fund Performance

    • Fund Inception Date: Nov 30 2015
    Performance
    Month End Quarter End

    as of Dec 31 2020

    as of Dec 31 2020

    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Nov 30 2015
    Fund Before Tax
    NAV Dec 31 2020 3.80% 11.83% 19.57% 19.57% 14.76% 15.55% - 14.97%
    Market Value Dec 31 2020 3.72% 11.88% 19.69% 19.69% 14.73% 15.57% - 14.98%
    S&P 500 Fossil Fuel Free Index Dec 31 2020 3.82% 11.90% 19.91% 19.91% 15.04% 15.82% - 15.24%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2020 3.65% 11.66% 18.79% 18.79% 14.19% 15.00% - 14.41%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2020 2.25% 7.00% 11.50% 11.50% 11.38% 12.36% - 11.87%
    S&P 500 Fossil Fuel Free Index Dec 31 2020 3.82% 11.90% 19.91% 19.91% 15.04% 15.82% - 15.24%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Nov 30 2015
    Fund Before Tax
    NAV Dec 31 2020 3.80% 11.83% 19.57% 19.57% 14.76% 15.55% - 14.97%
    Market Value Dec 31 2020 3.72% 11.88% 19.69% 19.69% 14.73% 15.57% - 14.98%
    S&P 500 Fossil Fuel Free Index Dec 31 2020 3.82% 11.90% 19.91% 19.91% 15.04% 15.82% - 15.24%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2020 3.65% 11.66% 18.79% 18.79% 14.19% 15.00% - 14.41%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2020 2.25% 7.00% 11.50% 11.50% 11.38% 12.36% - 11.87%
    S&P 500 Fossil Fuel Free Index Dec 31 2020 3.82% 11.90% 19.91% 19.91% 15.04% 15.82% - 15.24%

    Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

    Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

    The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

    Gross Expense Ratio: 0.25%

    Net Expense Ratio: 0.20%

    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Jan 14 2021
    Index Top Holdingsas of Jan 14 2021

    Fund Top Holdings as of Jan 14 2021

    Name Shares Held Weight
    Apple Inc. 476,512 6.70%
    Microsoft Corporation 225,426 5.24%
    Amazon.com Inc. 12,718 4.34%
    Facebook Inc. Class A 71,700 1.92%
    Alphabet Inc. Class A 8,966 1.69%
    Alphabet Inc. Class C 8,653 1.64%
    Berkshire Hathaway Inc. Class B 58,056 1.49%
    JPMorgan Chase & Co. 90,949 1.40%
    Johnson & Johnson 78,346 1.37%
    Visa Inc. Class A 50,584 1.11%
    Download All Holdings: Daily

    Index Top Holdings as of Jan 14 2021

    Name Weight
    Apple Inc. 6.70%
    Microsoft Corporation 5.24%
    Amazon.com Inc. 4.34%
    Facebook Inc. Class A 1.92%
    Alphabet Inc. Class A 1.69%
    Alphabet Inc. Class C 1.64%
    Berkshire Hathaway Inc. Class B 1.49%
    JPMorgan Chase & Co. 1.40%
    Johnson & Johnson 1.38%
    Visa Inc. Class A 1.11%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Jan 14 2021
    Index Sector Breakdownas of Jan 14 2021

    Fund Sector Breakdown as of Jan 14 2021

    Sector Weight
    Information Technology 28.07%
    Health Care 14.23%
    Financials 11.47%
    Consumer Discretionary 11.32%
    Communication Services 10.66%
    Industrials 8.76%
    Consumer Staples 6.53%
    Materials 2.87%
    Utilities 2.83%
    Real Estate 2.43%
    Energy 0.82%

    Index Sector Breakdown as of Jan 14 2021

    Sector Weight
    Information Technology 28.08%
    Health Care 14.23%
    Financials 11.46%
    Consumer Discretionary 11.32%
    Communication Services 10.65%
    Industrials 8.78%
    Consumer Staples 6.54%
    Materials 2.86%
    Utilities 2.83%
    Real Estate 2.44%
    Energy 0.82%
    Fund Documents
    Tax Documents
    Insights & Resources

    Purchase Information

    Purchase Information

    Buying and Selling ETFs

    ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

    ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

    Ordinary brokerage commissions apply.

    Fund Footnotes

    In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

    After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

    Unless otherwise noted all information contained herein is that of the SPDR® S&P® 500 Fossil Fuel Reserves Free ETF.

    Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

    Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

    As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

    Questions? Feel free to

    View More Information About Our Firm: FINRA's BrokerCheck 

    ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
     

    Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
     

    Distributor: State Street Global Advisors Funds Distributors, LLC, member FINRA , SIPC,  an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs. ALPS Distributors, Inc., member FINRA, is the distributor for DIA, MDY and SPY, all unit investment trusts. ALPS Portfolio Solutions Distributor, Inc., member FINRA, is the distributor for Select Sector SPDRs. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are not affiliated with State Street Global Advisors Funds Distributors, LLC.
     

    THIS SITE IS INTENDED FOR U.S. INVESTORS ONLY.
     

    No Offer/Local Restrictions
     

    Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. SSGA Intermediary Business offers a number of products and services designed specifically for various categories of investors. Not all products will be available to all investors. The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.
     

    All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the Site.
     

    Information for Non-U.S. Investors:
     

    The products and services described on this web site are intended to be made available only to persons in the United States, and the information on this web site is only for such persons. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
     

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus  now, or talk to your financial advisor. Read it carefully before investing.
     

    Not FDIC Insured * No Bank Guarantee * May Lose Value                                    

    2731941.3.1.AM.RTL

     

    Sitemap

    © 2021 %%State Street Corporation%%. All rights reserved.