SPHERE 500 FOSSIL-
FREE
INDEX FUND
SPFFX

The first fossil-free fund
designed for 401(k)s.

For the first time, divesting from fossil fuels is easy,
accessible, affordable, and competitive.

Sphere helps the advisor community deliver on the demands of plan participants by providing a low cost alternative to US core equity exposure excluding fossil fuels. This solution allows plan advisors to demonstrate their commitment to not only fiduciary duty in terms of quality product at reasonable fees, but allows them to satisfy a deeply personal desire of their clients, without having to choose between the two.

The Sphere 500 Fossil Free Index (SPFFXI) tracks the Top 500 US companies and excludes the ~40 fossil fuel companies that are in the top 500 list. Fossil fuel companies are defined by the non-profit As You Sow, as presented on their website fossilfreefunds.org, and the list of fossil fuel companies is made up of companies whose main lines of business include producing, distributing, or refining fossil fuels, holding reserves of fossil fuels, utilities that are primarily fossil fuel-powered, and producers of equipment for any of the above.

VISIT THE INDEX PAGE

Top 500 minus 47 companies

Simple as that. The top 500 US companies by market capitalization, excluding 47 fossil fuel companies.

453
/ 500

HOLDINGS

Sphere 500 Fossil-Free Index Fund (SPFFX)

SPDR S&P 500 ETF (SPY ETF)

0.07%

uniquely-priced low fee for maximum impact, not profits.

Familiar
holdings

Simple as that. THE TOP 500 US COMPANIES BY MARKET CAPITALIZATION, excluding ~40 fossil fuel companies.

Mutual fund,
not ETF

Built specifically for streamlined implementation in 401(k)s.

No hidden fees

Just a simple expense ratio. all fees can be found in the prospectus

Full pricing
transparency

No separate share classes.

Competitive
returns

removing exposure to fossil fuel companies doesn't significantly affect exposure to other sectors.

INDEX CREATOR

INVESTMENT ADVISOR

FUND ADMINISTRATOR

DISTRIBUTOR

CONSTITUENTS

The Sphere 500 Fossil-Free Index Fund is tracking the performance of a selection of companies from the top 500 large capital public US companies (ranked by market capitalization) that are not critically exposed to business models dependent on fossil fuels. The index constituents are weighted by free float market capitalization, and rebalanced quarterly. Index values are disseminated on an end-of-day basis.

Apple

AAPL

6.83%

Apple

AAPL

6.83%

Apple

AAPL

6.83%

Apple

AAPL

6.83%

Apple

AAPL

6.83%

Apple

AAPL

6.83%

JP Morgan

AAPL

6.83%

Apple

AAPL

6.83%

Apple

AAPL

6.83%

Apple

AAPL

6.83%

VIEW FULL LIST

Ticker

SPFFX

Fund Inception

Oct 4, 2021

CUSIP

56170L786

Median 30-day Spread

$.00023

Fund Holdings

43

Expense Ratio

.07%

Share Class

Institutional

Fund Type

Open-End

Expense Ratio

.07%

PERFORMANCE

HYPOTHETICAL GROWTH OF $10,000

Sphere 500 Fossil-Free Fund (SPFFX)

SPDR S&P 500 ETF (SPY ETF)



AS OF 02/18/2022

Standardized
Returns

SPFFX

SPY

1 Month

3.10%

3.43%

3 Months

-4.95%

-4.90%

6 Months

N/A

N/A

Year to Date

-4.95%

-4.90%

Since inception (10/4/2021)

3.70%

5.36%

AS OF 12/31/2021

Annualized
Returns

SPFFX

SPY

1 Year

N/A

N/A

3 Year

N/A

N/A

5 Year

N/A

N/A

Since inception (10/4/2021)

N/A

N/A

AS OF 3/31/2022

Cumulative
Returns

SPFFX

SPY

1 Month

N/A

N/A

3 Months

N/A

N/A

6 Months

N/A

N/A

Year to Date

N/A

N/A

Since inception (10/4/2021)

N/A

N/A

Annualized
Returns

SPFFX

SPY

1 Year

N/A

N/A

3 Year

N/A

N/A

5 Year

N/A

N/A

Since inception (10/4/2021)

N/A

N/A

View index 10-year back test

INVEST NOW

Ready to get started? Anyone can invest in this mutual fund, directly without going through a 401(k), or through your company’s 401(k).

To invest via your company's 401(k), email your HR.

If you are an HR professional who would like to add SPFFX to your company's 401(k) lineup, click on "Invest via a 401(k)" below.

Which platform?

SPFFX is currently available on the following 401(k) record keeper platforms. We are always adding more, so check back often. If you don’t see your platform listed here, ask your advisor to request to have SPFFX added.

Which platform?

SPFFX is currently available on the following brokerage platforms. We are always adding more, so check back often. If you don’t see your platform listed here, submit a support ticket with your brokerage platform asking them to add SPFFX.

Employees want the option to avoid investing in the fossil fuel industry.

LEARN MORE
FOSSIL FUEL COMPANY EXCLUSION LIST DISCLAIMER

Due to differences between the quarterly rebalance of the Sphere 500 Fossil Free Index (SPFFXI) and the intermittent updates of the fossil fuel company exclusion list from fossilfreefunds.org/how-it-works, SPFFXI may not always match the exclusion list as provided by fossilfreefunds.org. However, SPFFXI will always match the most recent fossilfreefunds.org update prior to the quarterly rebalance, which takes place as of the close of the third Friday in March, June, September, and December. Because the Sphere 500 Fossil Free Index Fund (SPFFX) tracks the SPFFXI index, the same could be true for the fund.