SPYX Stock Summary and Trading Ideas (SPDR S&P 500 Fossil Fuel Reserves Free ETF | ARCA:SPYX)

The SPDR S&P 500 Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Fossil Fuel Free Index (the "Index"). It Seeks to allow climate change-conscious investors to align the core of their investment strategy with their values by eliminating companies that own fossil fuel reserves from the S&P 500.The S&P 500 Fossil Fuel Free Index is designed to measure the performance of companies in the S&P 500 Index that are "fossil fuel free", which are defined as companies that do not own fossil fuel reserves.

SPDR S&P 500 Fossil Fuel Reserves Free ETF trades on the ARCA stock market under the symbol SPYX.

As of April 23, 2024, SPYX stock price climbed to $41.27 with 129,720 million shares trading.

SPYX has a beta of 1.02, meaning it tends to be more sensitive to market movements. SPYX has a correlation of 1.00 to the broad based SPY ETF.

SPYX has a market cap of $1.68 billion. This is considered a Small Cap stock.

In the last 3 years, SPYX stock traded as high as $42.89 and as low as $28.18.

SPYX has outperformed the market in the last year with a return of +24.7%, while the SPY ETF gained +24.3%. However, in the most recent history, SPYX shares have underperformed the stock market with its stock returning +4.3% in the last 3 month period and -2.6% for the last 2 week period, while SPY has returned +4.9% and -2.5%, respectively.

SPYX support price is $40.43 and resistance is $41.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPYX stock will trade within this expected range on the day.