The CHRI ETF is a passive ETF that tracks the S&P 500 Christian Values Screened Index, providing US large-cap exposure while excluding companies involved in activities judged to conflict with Christian values criteria.

It suits long-term investors who want to participate in the US large-cap market while also reviewing the values criteria behind their holdings.

It is a passive (index-tracking) ETF managed by Global X.

The underlying index excludes companies from the S&P 500 whose business activities are judged to conflict with Christian values criteria. The remaining stocks are adjusted with sector weights in mind. Disclosed holdings may include large caps such as NVDA, AAPL and MSFT, but the portfolio composition may change with periodic reviews.

• Exclusion method reflecting Christian values criteria
• Broad US large-cap exposure with sector weights taken into account

Assets under management (AUM) stand at $9.8M, and the total expense ratio is 0.29% per year.

Because this is a screened structure that reflects a values criteria, holdings restrictions and sector composition may differ from those of broad index-tracking ETFs. Beyond the fee level, it is worth checking whether the exclusion criteria applied match your own investment principles.

Returns may vary with the underlying market trend, earnings at large growth companies, and changes in interest rates. Values-based exclusions and sector weight adjustments aim for a direction similar to that of a broad index, but differences in composition may lead to performance gaps.

Demand for values-based investing may vary with personal beliefs and institutional investment policies. Because this product combines broad US equity exposure with screening criteria, fund flows may be affected not only by the market environment but also by how widely the exclusion criteria are accepted.

The fund offers broad access to US large caps while reflecting a values criteria, but differences in composition arising from the screening rules and market volatility should be considered together.

In the comparison table, the RWL ETF differs through its revenue-weighted approach, the OMFL ETF through its combination of multiple factors, and the SPUS ETF through its joint application of faith-based criteria and industry restrictions. The SNPE ETF provides S&P 500 exposure with screening criteria applied, and the SPYX ETF places restrictions on fossil fuel related companies. The CHRI ETF can serve as a benchmark for investors weighing a values criteria against S&P 500 exposure.

When evaluating the CHRI ETF, do not look only at market exposure. Check how the values criteria are applied, the fee burden, the holdings composition and the trading environment together. In particular, it is necessary to examine what performance differences the exclusion rules could produce compared with a broad index.

Exclusions based on values criteria have the advantage of reflecting investment principles, but they can produce a composition and performance different from those of a standard index. A stock market decline, weakness in specific sectors and changes in the trading environment can all affect the value of the fund and the trading experience.

The CHRI ETF can be a candidate for investors who want US large-cap exposure that reflects Christian values criteria. However, it is advisable to compare it with standard S&P 500 tracking products in terms of fees, exclusion criteria, holdings composition and trading environment, and then judge whether it fits your investment principles.