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State Street SPDR S&P 500 Fossil Fuel Reserves Fre...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US78468R7961
CUSIP
78468R796
Inception Date
Nov 30, 2015
Region
North America (U.S.)
Category
S&P 500
Leveraged
1x (No leverage)
Index Tracked
S&P 500 Fossil Fuel Reserves Free Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) has returned -5.39% so far this year and 17.05% over the past 12 months. Looking at the last ten years, SPYX has achieved an annualized return of 14.02%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


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

1D
2.99%
1M
-5.43%
YTD
-5.39%
6M
-2.85%
1Y
17.05%
3Y*
18.16%
5Y*
11.21%
10Y*
14.02%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 1, 2015, SPYX's average daily return is +0.06%, while the average monthly return is +1.15%. At this rate, your investment would double in approximately 5.1 years.

Historically, 69% of months were positive and 31% were negative. The best month was Apr 2020 with a return of +12.4%, while the worst month was Mar 2020 at -12.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.

On a daily basis, SPYX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -11.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.09%-1.04%-5.43%-5.39%
20252.66%-1.36%-5.92%-0.07%6.30%5.07%2.04%2.06%3.66%2.44%0.20%0.04%17.87%
20241.91%5.28%3.08%-4.21%5.37%3.54%1.41%2.19%2.50%-1.40%6.12%-2.34%25.46%
20235.86%-2.28%3.61%1.62%0.83%6.55%3.21%-1.79%-4.96%-1.96%9.52%4.42%26.38%
2022-5.80%-3.17%3.70%-9.12%-0.30%-7.96%8.91%-4.16%-9.16%7.32%5.74%-5.25%-19.59%
2021-1.22%2.77%4.39%5.27%0.63%2.31%2.42%3.16%-5.05%6.90%-0.07%4.03%28.06%

Benchmark Metrics

State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF has an annualized alpha of 1.86%, beta of 0.98, and R² of 0.97 versus S&P 500 Index. Calculated based on daily prices since December 02, 2015.

  • This ETF captured 103.93% of S&P 500 Index gains but only 96.06% of its losses — a favorable profile for investors.
  • With beta of 0.98 and R² of 0.97, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.86%
Beta
0.98
0.97
Upside Capture
103.93%
Downside Capture
96.06%

Expense Ratio

SPYX has an expense ratio of 0.20%, which is considered low.


Return for Risk

Risk / Return Rank

SPYX ranks 55 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


SPYX Risk / Return Rank: 5555
Overall Rank
SPYX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
SPYX Sortino Ratio Rank: 5252
Sortino Ratio Rank
SPYX Omega Ratio Rank: 5656
Omega Ratio Rank
SPYX Calmar Ratio Rank: 5656
Calmar Ratio Rank
SPYX Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) and compare them to a chosen benchmark (S&P 500 Index).


SPYXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.92

0.90

+0.02

Sortino ratio

Return per unit of downside risk

1.43

1.39

+0.04

Omega ratio

Gain probability vs. loss probability

1.22

1.21

0.00

Calmar ratio

Return relative to maximum drawdown

1.49

1.40

+0.09

Martin ratio

Return relative to average drawdown

6.70

6.61

+0.09

Explore SPYX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF provided a 0.98% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 4 consecutive years.


0.00%0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.52$0.51$0.51$0.47$0.44$0.41$0.41$0.41$0.39$0.36$0.34$0.03

Dividend yield

0.98%0.91%1.05%1.21%1.41%1.04%1.33%1.56%1.92%1.68%1.91%0.16%

Monthly Dividends

The table displays the monthly dividend distributions for State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.13$0.13
2025$0.00$0.00$0.12$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.51
2024$0.00$0.00$0.12$0.00$0.00$0.13$0.00$0.00$0.13$0.00$0.00$0.13$0.51
2023$0.00$0.00$0.11$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.13$0.47
2022$0.00$0.00$0.10$0.00$0.00$0.11$0.00$0.00$0.11$0.00$0.00$0.12$0.44
2021$0.00$0.00$0.11$0.00$0.00$0.10$0.00$0.00$0.09$0.00$0.00$0.12$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF was 32.84%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.

The current State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF drawdown is 7.14%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-32.84%Feb 20, 202023Mar 23, 202095Aug 6, 2020118
-26.14%Dec 30, 2021198Oct 12, 2022295Dec 14, 2023493
-19.2%Sep 21, 201865Dec 24, 201875Apr 12, 2019140
-18.74%Feb 20, 202534Apr 8, 202554Jun 26, 202588
-12.47%Dec 2, 201549Feb 11, 201646Apr 19, 201695

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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