For investors seeking to align their financial decisions with their personal values, faith-based ETFs may present a unique opportunity. However, understanding the fee structures associated with these funds is necessary for making informed choices.
The Global X S&P 500 Catholic Values ETF seeks to provide exposure to large-cap companies meeting the Socially Responsible Investment Guidelines for the United States Conference of Catholic Bishops. While the Guidelines permit taking a minimal position in "mixed investments", CATH outright excludes stocks based on values relating to abortion, contraception, casinos, tobacco, and child labor, among others. This may be acceptable to faith-based investors, but CATH seems to pick and choose when the exclusion criteria apply. Even today, it holds CVS Health, McKesson, and Altria Group.
![]() CATH 1 weeks ago | Other | $0.28 Per Share |
![]() CATH 6 months ago Paid | Other | $0.41 Per Share |
![]() CATH 27 Jun 2024 Paid | Other | $0.27 Per Share |
![]() CATH 28 Dec 2023 Paid | Other | $0.41 Per Share |
![]() CATH 29 Jun 2023 Paid | Other | $0.27 Per Share |
![]() CATH 1 weeks ago | Other | $0.28 Per Share |
![]() CATH 6 months ago Paid | Other | $0.41 Per Share |
![]() CATH 27 Jun 2024 Paid | Other | $0.27 Per Share |
![]() CATH 28 Dec 2023 Paid | Other | $0.41 Per Share |
![]() CATH 29 Jun 2023 Paid | Other | $0.27 Per Share |
NASDAQ (NMS) Exchange | US Country |
The fund is designed for investors aiming to align their investments with Catholic values, offering them an opportunity to participate in the financial markets. It targets at least 80% of its total assets in securities that are included in the underlying index, which is principally based on the S&P 500® Index. This includes roughly 500 or fewer U.S. listed common stocks, curated from a broader universe. A distinctive aspect of the fund is its commitment to ethical investing, guided by the Socially Responsible Investment Guidelines set forth by the United States Conference of Catholic Bishops. This entails a rigorous screening process to exclude companies engaged in activities that are perceived as inconsistent with Catholic values, ensuring that investments made through the fund adhere to these principles.
The fund specializes in the following: