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This New ETF Tracks the Green Version of the S&P 500

The S&P 500 is now available scrubbed of companies that own fossil fuel reserves.
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Photographer: Timothy Fadek/Bloomberg

If you could scrub the carbon footprint from your S&P 500 exposure, would you?

That’s what a new exchange-traded fund attempts to do. The SPDR S&P 500 Fossil Fuel Free ETF (SPYX) is a greener version of the world’s first and largest ETF, the SPDR S&P 500 ETF Trust (SPY).