EFIV vs ETHO

EFIVAState Street SPDR S&P 500 ESG ETF

ETHOCAmplify Etho Climate Leadership U.S. ETF

In short

EFIV A screened S&P 500 that still looks like one. EFIV trims to about 300 names on ESG criteria but holds industry-group weights close to the parent index, for 0.10% a year.

ETHO Most ESG funds lead with exclusions. ETHO leads with the carbon math, ranking companies against their own industry on emissions, then spreading it across roughly 300 U.S. names. A 2015-vintage climate fund that stayed one.

Stated mandate

EFIV The Fund seeks to track an index of securities selected using environmental, social, and governance sustainability criteria while retaining industry-group weights broadly similar to the S&P 500 Index.

ETHO ETHO seeks to track, before fees and expenses, the total return of the Etho Climate Leadership Index–US. The passive fund generally invests at least 80% of net assets in index securities representing diversified U.S. companies selected for lower industry-relative carbon impact and ESG criteria.

Why people hold it

• EFIV Charges 0.10% a year, well under the 0.25% typical of its values-screened peer group.
• Keeps industry-group weights broadly similar to the S&P 500, so the screen changes which names you own more than which sectors.
• Tracks its declared index very tightly, one of the cleaner implementations in its cohort.
• Straightforward 1940 Act index fund from SPDR, running since 2020, distributing quarterly.

• ETHO Selection starts with carbon impact measured against industry peers, not just headline exclusions, and lands in a diversified basket of roughly 300 U.S. companies.amplifyetfs.com
• Rules-based and literal: a passive fund keeping at least 80% of net assets in its named index, the Etho Climate Leadership Index-US. The label and the portfolio line up.
• Trading since 2015, early for a climate-screened U.S. equity ETF, with a record now spanning several full market cycles.
• Roughly 300 holdings keeps single names from dominating, one of the broader portfolios among U.S. ESG equity funds.

Worth knowing

• EFIV About 300 stocks, not 500. The screens remove names, so results can diverge from the headline S&P 500.
• Cheaper shelf-mates exist: XVV at 0.08% and ESGV at 0.09% undercut it on fee.
• Mid-size asset base and moderate trading volume, which can mean wider spreads than the mega-cap index giants.

• ETHO At 0.45% a year, it runs well above the ESG index crowd: Vanguard's ESGV charges 0.09% and iShares' XVV 0.08%.
• Thinly traded next to the mega-cap ESG names, so bid/ask spreads can be wider and large orders move the price more.
• Cash comes back once or twice a year, not monthly.

Full EFIV profile⁠

Full ETHO profile⁠