SPDR® S&P 500® ETF Trust

Shareclass
SPDR® S&P 500® ETF Trust (SPY)
Type
Exchange-traded fund
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, below the threshold of 0.5%. Assigned a grade of C.
How we track deforestation-risk investments
C
13.99%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
48
holdings flagged
14%
of assets flagged
This fund contains
 $82.96 BILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
5 holdings
0.17% of assets
$1.04 BILLION invested
banks
Banks and lenders
4 holdings
2.29% of assets
$13.57 BILLION invested
consumers
Major consumer brands
43 holdings
12% of assets
$69.19 BILLION invested
Commodity producers
Commodity producers
5 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
5 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Archer-Daniels Midland Co
    Soy producerPalm oil producer
    0.06%0.06% of portfolio
    $346.93M$346.93M invested
    Soy producerPalm oil producer
  • 2. Tyson Foods Inc Class A
    Soy producerCattle producer
    0.03%0.03% of portfolio
    $206.73M$206.73M invested
    Soy producerCattle producer
  • 3. International Paper Co
    Paper/pulp producer
    0.03%0.03% of portfolio
    $206.1M$206.1M invested
    Paper/pulp producer
  • 4. Bunge Global SA
    Soy producerPaper/pulp producerPalm oil producer
    0.03%0.03% of portfolio
    $166.23M$166.23M invested
    Soy producerPaper/pulp producerPalm oil producer
  • 5. Hormel Foods Corp
    Soy producerCattle producer
    0.02%0.02% of portfolio
    $111.88M$111.88M invested
    Soy producerCattle producer
Banks and lenders
Banks and lenders
4 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
4 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    1.23%1.23% of portfolio
    $7.29B$7.29B invested
  • 2. Bank of America Corp
    0.55%0.55% of portfolio
    $3.25B$3.25B invested
  • 3. Morgan Stanley
    0.27%0.27% of portfolio
    $1.58B$1.58B invested
  • 4. Citigroup Inc
    0.24%0.24% of portfolio
    $1.45B$1.45B invested
Major consumer brands
Major consumer brands
43 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
43 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    3.56%3.56% of portfolio
    $21.14B$21.14B invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Procter & Gamble Co
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.83%0.83% of portfolio
    $4.95B$4.95B invested
    Paper/pulp major consumer brandPalm oil major consumer brand
  • 3. The Home Depot Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.82%0.82% of portfolio
    $4.88B$4.88B invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 4. Costco Wholesale Corp
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.8%0.8% of portfolio
    $4.77B$4.77B invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. Johnson & Johnson
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.8%0.8% of portfolio
    $4.74B$4.74B invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
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DATA AS OF 30 Sep 2024
Financial performance
Performance data provided byMorningstarFind more financial data on SPY at Morningstar.com
Current fund
SPY
SPDR® S&P 500® ETF Trust
Family
State Street
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.06% less in annualized returns
Less invested in commodity producers 
0% less invested
Less invested in banks and lenders 
0% less invested
Less invested in major consumer brands 
0.01% less invested
Current fund
SPY
SPDR® S&P 500® ETF Trust
Family
State Street
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.06% less in annualized returns
Less invested in commodity producers 
0% less invested
Less invested in banks and lenders 
0% less invested
Less invested in major consumer brands 
0.01% less invested
Current fund
SPY
SPDR® S&P 500® ETF Trust
Family
State Street
Category
Large Blend
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 9/30/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-0.06% less in annualized returns
Less invested in commodity producers 
0% less invested
Less invested in banks and lenders 
0% less invested
Less invested in major consumer brands 
0.01% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
SPY - SPDR® S&P 500® ETF Trust
36%
12%
16%
13%
0.17% 
Benchmark
IVV - iShares Core S&P 500 ETF
36%
12%
16%
13%
0.18% 
Fund compared to benchmark
 
-0.15%
-0.07%
-0.05%
-0.06%
<0.01%  lower
Find more financial data on SPY at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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