SPFFX Sphere 500 Climate R6 Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Alphabet (NASDAQ:GOOG), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Micron Technology (NASDAQ:MU).

The investment seeks to track the performance of the Sphere 500 Fossil Free Index (the "index"). The index is designed to reflect the performance of large companies listed on U.S. exchanges while excluding companies with climate-related risks. The fund invests at least 80% of its net assets in securities issued by companies that do not derive any revenue from the sale of fossil fuels, hold fossil fuel related assets or reserves, use fossil fuels for power generation, or produce fossil fuel-related equipment.

The average market capitalization across the Sphere 500 Climate R6 MF is 2.78T. The market cap for tickers in the group ranges from 1.1T to 5.27T. NVDA holds the highest valuation in this group at 5.27T. The lowest valued company is MU at 1.1T.

The average weekly volume growth across all stocks in the Sphere 500 Climate R6 MF was -22%. For the same stocks of the MF, the average monthly volume growth was -7% and the average quarterly volume growth was -59%