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

SPYX Price Performance — Growth of $10,000

Value of a $10,000 investment in SPYX over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SPYX Drawdown

The "underwater" chart: SPYX's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

State Street Investment Management issues the SPDR S&P 500 Fossil Fuel Reserves Free ETF, an ESG-focused fund with $2.85 billion in assets under management. It holds a B grade and ranks 11th out of 11 peers in its category, placing it at the bottom of the ESG group. The fund’s 0.2% expense ratio aligns with the category median, while its 0.84% dividend yield trails the 0.91% median. Concentration is notable, with the top 10 holdings comprising 37.7% of assets and NVIDIA Corp representing the largest single position at 7.8%.

The fund’s price of $62.74 sits at 90.4% of its 52-week range, reflecting a strong upward trajectory over the past year. One-year returns of +18.90% lag the category median of +21.08%, despite a robust three-year gain of +78.49%. Short-term performance shows recent weakness, with declines of -0.60% over one day and -1.28% over one month. The ETFValuer grade was upgraded from C to B on 2026-08-03, though the fund has only three years of price history available for analysis.

With a beta of 1.03, the fund moves slightly more than the broader market, accompanied by 13.07% annualized volatility labeled as Low. A Sharpe ratio of 1.06 indicates that risk-adjusted returns have been favorable relative to the volatility experienced. The maximum drawdown of -18.74% highlights the peak-to-trough decline during the recorded period. Liquidity is moderate, with an average daily volume of 59,124 shares and a bid-ask spread of 0.18%.

AI-generated summary based on the data on this page.

SPYX Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 37.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SPYX's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SPYX

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SPYX's top 10 — VTI overlaps most, holding 9 of the same companies as SPYX's top 10 (37.7% of SPYX's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SPYX Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.18% and average daily volume is 59K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.85B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SPYX is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SPYX Performance History

How SPYX Compares to Other ESG ETFs