MASHINIi

SPDR S&P 500 ESG ETF

EFIV · State Street

Is SPDR S&P 500 ESG ETF Ethical?

Ethics Rating

Mixed.

Score: -2.5

This fund selects large US companies based on a wide range of ethical criteria, from environmental stewardship to fair labor practices. Its portfolio is heavily weighted toward the technology sector—including software, hardware, and social media giants—with other major holdings in finance, healthcare, and retail. Holdings tend to score positively on initiatives related to public health, community support, and animal welfare. However, a number of companies have ties to military and defense contracts. Many holdings also face regulatory fines, antitrust scrutiny, and persistent questions about their labor practices and supply chain ethics.

Mandate Alignment

How well does this fund deliver on what it claims?

-2.5
Planet-Friendly Business-8.5
Honest & Fair Business-18.8
No War, No Weapons-24.0
Fair Pay & Worker Respect-11.3
Better Health for All18.9
Safe & Smart Tech0.4
Kind to Animals8.4
Respect for Cultures & Communities18.4
Fair Money & Economic Opportunity1.9
Fair Trade & Ethical Sourcing-19.5
Zero Waste & Sustainable Products6.5

Top Holdings

CompanyWeightScoreRating
NVIDIA CorporationNVDA.US11.30%-1.0Mixed
Apple Inc.AAPL.US9.93%7.0Mixed
Microsoft CorporationMSFT.US7.52%6.0Mixed
Alphabet Inc.GOOGL.US4.62%-5.0Mixed
Meta Platforms, Inc.META.US3.61%-26.0Mixed
Eli Lilly and CompanyLLY.US2.03%-15.0Mixed
Exxon Mobil CorporationXOM.US1.56%-25.0Mixed
Walmart Inc.WMT.US1.38%-10.0Mixed
Visa Inc.V.US1.34%15.0Mixed
Costco Wholesale CorporationCOST.US1.09%0.0Mixed
Mastercard IncorporatedMA.US1.08%7.0Mixed
Micron Technology, Inc.MU.US1.06%-3.0Mixed
AbbVie Inc.ABBV.US0.96%-10.0Mixed
The Home Depot, Inc.HD.US0.93%-15.0Mixed
Bank of America CorporationBAC.US0.93%-19.0Mixed
Caterpillar Inc.CAT.US0.85%-12.0Mixed
Cisco Systems, Inc.CSCO.US0.84%16.0Mixed
GE AerospaceGE.US0.82%-8.0Mixed
The Coca-Cola CompanyKO.US0.74%-18.0Mixed
Wells Fargo & CompanyWFC.US0.73%-15.0Mixed
Merck & Co., Inc.MRK.US0.71%0.0Mixed
Lam Research CorporationLRCX.US0.70%1.0Mixed
Applied Materials, Inc.AMAT.US0.65%-2.0Mixed

Common Questions

How does SPDR S&P 500 ESG ETF score in an ethics audit?

SPDR S&P 500 ESG ETF received a “Mixed” ethics rating from Mashinii. We audited 24 of the fund's top 24 holdings across 11 ethical dimensions using court filings, investigative reports, and NGO data.

What are the most controversial companies in EFIV?

Among the holdings we audited, Meta Platforms, Inc., Exxon Mobil Corporation, Bank of America Corporation scored lowest in our ethics assessment. These scores are based on court records, regulatory actions, and investigative journalism.

How many companies in EFIV have ethical issues?

We audited 24 of 24 top holdings across 11 dimensions. Sign up to see individual company scores and ratings.

How does Mashinii audit SPDR S&P 500 ESG ETF?

We identify the fund's top holdings from public filings, then score each company across 11 ethical dimensions — including human rights, environmental damage, corruption, and labour practices. Our data comes from court records, investigative journalism, and NGO reports. Learn more about our methodology.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.