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SPYX - ETF AI Analysis
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SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX)
Rating:74Outperform
Price Target:―
Positive Factors
Large, Established Asset Base
The fund manages a sizable pool of assets, which suggests it is well-established and has attracted meaningful investor interest.
Broad Sector Diversification
Holdings spread across technology, financials, communication services, consumer sectors, health care, and more help reduce the impact of weakness in any single industry.
Exposure to Leading U.S. Companies
The ETF’s top positions include many of the largest and most widely followed U.S. companies, giving investors access to major market leaders.
Negative Factors
Recent Weak Performance
The fund has shown slightly negative results so far this year and over the past month, which may concern investors focused on short-term returns.
High Concentration in a Few Tech Giants
A significant portion of the portfolio is tied up in a small number of large technology-related stocks, increasing the impact if those companies struggle.
Limited International Diversification
With almost all assets invested in U.S. stocks, the ETF offers little geographic diversification and is heavily tied to the U.S. market’s fortunes.
SPYX vs. SPDR S&P 500 ETF (SPY)
AUM2.35B
RegionNorth America
Expense Ratio0.20%
Beta1.00
IssuerSPDR
Inception DateNov 30, 2015
Dividend Yield0.92%
Asset ClassEquity
Index TrackedS&P 500 Fossil Fuel Free Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume59,261
30 Day Avg. Volume129,843
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
67.25Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering487
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPYX Summary
SPYX is an ETF that tracks the S&P 500 Fossil Fuel Free Index, which is similar to the regular S&P 500 but leaves out companies that own fossil fuel reserves. It still invests in many of America’s largest companies, with big holdings in well-known names like Apple and Nvidia, and has a strong tilt toward technology and other major U.S. sectors. Someone might invest in SPYX to get broad U.S. stock market exposure while aligning with environmental values. A key risk is that it can rise or fall with the overall stock market and may perform differently from the regular S&P 500.
How much will it cost me?The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) has an expense ratio of 0.20%, meaning you’ll pay $2 per year for every $1,000 invested. This cost is lower than average for actively managed funds but slightly higher than many passively managed ETFs, as it tracks a specialized index focused on ESG principles.
What would affect this ETF?SPYX could benefit from growing interest in sustainable investing and the increasing adoption of ESG principles, especially as governments and companies prioritize a transition to a low-carbon economy. However, its performance may face challenges if technology stocks, which make up a significant portion of its holdings, experience volatility or if regulatory changes impact ESG-focused funds. Broader economic conditions, such as interest rate hikes or a slowdown in U.S. growth, could also influence the ETF's future returns.
SPYX Top 10 Holdings
SPYX is essentially a U.S. Big Tech and AI story with a green twist, and Nvidia is clearly in the driver’s seat, rising on the back of the AI boom. Apple has perked up recently but its longer-term performance looks a bit tired, while Microsoft and Amazon have been lagging and occasionally feel like they’re tapping the brakes on the fund. Alphabet and Meta are steadier contributors, helping balance out the bumps. Overall, the ETF is heavily tilted toward U.S. tech and communication giants, with relatively little diversification beyond them.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.01% | $188.27M | $4.57T | 41.20% | 76 Outperform | |
| Apple | 6.75% | $158.76M | $3.88T | 7.75% | 79 Outperform | |
| Microsoft | 5.19% | $122.10M | $2.97T | -2.69% | 79 Outperform | |
| Amazon | 3.50% | $82.17M | $2.20T | -2.99% | 71 Outperform | |
| Alphabet Class A | 3.09% | $72.65M | $3.67T | 75.32% | 85 Outperform | |
| Broadcom | 2.77% | $65.02M | $1.58T | 52.13% | 76 Outperform | |
| Alphabet Class C | 2.48% | $58.22M | $3.67T | 73.42% | 82 Outperform | |
| Meta Platforms | 2.46% | $57.92M | $1.63T | -4.08% | 76 Outperform | |
| Tesla | 2.03% | $47.70M | $1.54T | 21.91% | 73 Outperform | |
| Berkshire Hathaway B | 1.60% | $37.58M | $1.08T | 4.06% | 66 Neutral |
SPYX Technical Analysis
Positive
―
Price Trends
56.51
Positive
55.90
Positive
53.40
Positive
Market Momentum
-0.10
Positive
50.85
Neutral
47.95
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPYX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.54, equal to the 50-day MA of 56.51, and equal to the 200-day MA of 53.40, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 50.85 is Neutral, neither overbought nor oversold. The STOCH value of 47.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPYX.
SPYX Peer Comparison
Comparison Results
Performance Comparison
SPYX
SPDR S&P 500 Fossil Fuel Reserves Free ETF
56.51
7.98
16.44%
MGC
Vanguard Mega Cap ETF
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―
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PRF
Invesco FTSE RAFI US 1000 ETF
―
―
―
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
―
FTCS
First Trust Capital Strength ETF
―
―
―
QYLD
Global X NASDAQ 100 Covered Call ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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