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SPYX - ETF AI Analysis
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SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX)
Rating:75Outperform
Price Target:
$62.00
Positive Factors
Strong Top Holdings
Several key positions, such as Nvidia, Broadcom, and Alphabet, have delivered strong year-to-date performance, driving the ETF's returns.
Technology Sector Leadership
With significant exposure to the technology sector, the ETF benefits from the strong performance of innovative companies.
Low Expense Ratio
The ETF charges a relatively low expense ratio, making it cost-effective for investors.
Negative Factors
High Concentration in Technology
Over 36% of the portfolio is allocated to technology, increasing vulnerability to sector-specific downturns.
Limited Geographic Diversification
The ETF is heavily focused on U.S. companies, offering little exposure to international markets.
Underperformance of Key Holdings
Some major holdings, like Apple and Amazon, have shown weaker year-to-date performance compared to others in the portfolio.
SPYX vs. SPDR S&P 500 ETF (SPY)
AUM2.48B
RegionNorth America
Expense Ratio0.20%
Beta1.00
IssuerState Street
Inception DateNov 30, 2015
Dividend Yield0.93%
Asset ClassEquity
Index TrackedS&P 500 Fossil Fuel Free Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume98,599
30 Day Avg. Volume97,164
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
63.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering492
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPYX Summary
The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is a fund designed for environmentally conscious investors who want exposure to large U.S. companies without supporting businesses that own fossil fuel reserves. It follows the S&P 500 Fossil Fuel Free Index and includes well-known companies like Microsoft and Nvidia. This ETF is a great option for those seeking growth while aligning their investments with sustainability principles. However, new investors should note that its performance can fluctuate with the overall stock market, as it primarily focuses on large-cap U.S. stocks.
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
The SPYX ETF leans heavily into technology, with giants like Nvidia and Microsoft driving its performance thanks to their strong growth in AI and cloud services. Nvidia, in particular, is a standout, riding the AI wave and boosting the fund’s returns. Apple has been steady but not as dynamic, while Amazon’s recent struggles with AWS margins and supply constraints have held it back. Broadcom’s momentum in AI semiconductors adds a spark, but Meta’s mixed signals and regulatory hurdles temper enthusiasm. Overall, the fund’s tech-heavy focus reflects its U.S.-centric, innovation-driven approach.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.85% | $220.08M | $4.83T | 42.01% | 85 Outperform | |
| Apple | 7.00% | $174.09M | $3.99T | 20.85% | 80 Outperform | |
| Microsoft | 6.74% | $167.56M | $3.82T | 25.00% | 82 Outperform | |
| Amazon | 4.32% | $107.49M | $2.67T | 24.97% | 76 Outperform | |
| Broadcom | 2.99% | $74.36M | $1.66T | 102.38% | 76 Outperform | |
| Alphabet Class A | 2.89% | $71.97M | $3.35T | 63.51% | 80 Outperform | |
| Meta Platforms | 2.43% | $60.32M | $1.58T | 9.59% | 71 Outperform | |
| Alphabet Class C | 2.33% | $57.87M | $3.35T | 62.22% | 86 Outperform | |
| Tesla | 2.30% | $57.32M | $1.48T | 76.69% | 73 Outperform | |
| Berkshire Hathaway B | 1.53% | $38.05M | $1.05T | 9.57% | 66 Neutral |
SPYX Technical Analysis
Positive
―
Price Trends
54.60
Positive
52.97
Positive
49.99
Positive
Market Momentum
0.48
Negative
53.47
Neutral
58.41
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 55.42, equal to the 50-day MA of 54.60, and equal to the 200-day MA of 49.99, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 53.47 is Neutral, neither overbought nor oversold. The STOCH value of 58.41 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
55.63
7.27
15.03%
DUHP
Dimensional US High Profitability ETF
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MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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FTCS
First Trust Capital Strength ETF
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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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