KukaXoco Finance: Unethically Ethical ETFS
There are a group of investment funds that claimed to
select stocks on ethical principles (as opposed to the
unethical nature of the SPY stocks?). Yet all of these
funds track the SPY, pretty much destroying any claims
of ethnicalness, and become nothing more than a scam
to con management fees from believers.
There are some investment funds that are 'Christian', but their existence
contradicts repeated Jesus's messages to give away some-to-all of your money
to the poor. Despite claiming to invest only in Bible-following companies,
these funds don't.
And what are 'Bible-following' companies? Both the gods in the Old Testament
and Jesus in the New Testament repeatedly and emphatically endorse the evil
of human slavery. Can modern Christians thus ethically invest in companies
that exploit slavery (or near slavery - hello Uber!)?
Most likely labelling themselves "Christian" is a marketing ploy to exploit
naive people's religious beliefs to become richer.
The USA Securities and Exchange Commission should shut down all of these
morally fraudulent funds, which earn fees for doing nothing but mimicking
the SPY while immorally pretending to be ... moral. Should trigger the
False Advertising laws of California.
- CATH
- Global X S&P 500 Catholic Values ETF.
Supposedly provides exposure to the companies within the S&P 500 whose
business practices adhere to the Socially Responsible Investment
Guidelines as outlined by the United States Conference of Catholic
Bishops (USCCB) and excludes those that do not.
Some of the holdings include all of the Big Tech companies (whose
products are causing widespread social and mental harm);
fossil fuel companies that are causing global heating and thus
worsening their Jesus' earth and animals; junk food companies
whose products have cause hundreds of thousands of deaths a
year; and companies that provide a lot of products and services
to companies that are merchants of deaths selling swords (weapons)
to use to obtain more cows (learn some Sanskrit).
More honestly named the 'SP500 Average Values ETF'.
Since 2016, it has exactly tracked the SP500 but only with half
the dividend, and the portfolio is much the same as the SP500 -
There is nothing Catholic-values-ish about this fund (preying on
Christian 'sheep', I guess), given its high correlation
with the SPY - meaning that it has many of whatever are the
non-Biblical stocks in the SPY. The FTC should shut them down
for false advertising, or consumer advocates in California sue
them under the state's False Advertising law.
A new copycat ETF, CHRI (the SP500 Christian Values ETF) is much
the same (tracking the SPY), and also should be sued out of existence.
In contrast to CATH, which is meant for rich Catholic Christians,
CHRI is meant for rich Evangelical Christians.
- In February 2026, the Vatican Bank launched two ETFs (one for
Europe, one for the USA) "consistent with Catholic ethical
principles", including prioritizing human bonds and social justice.
Utter nonsense. One of the stocks in the USA Vatican Bank ETF is
Facebook, which has a horrible record for human bonds and social
justice. These Christian ETFs will be just as unethical as all of
the others in this section.
- BIBL
- the Inspire 100 ETF.
Has tracked or underperformed the SPY since its inception in 2018,
with a lower dividend. All Christian investors in BIBL
should sell their shares and give these riches to the poor
as Jesus commands - repeatedly.
- PRAY
- the FIS Christian Stock ETF.
Has tracked or underperformed the SPY since its inception in 2023,
with a lower dividend. All Christian investors in PRAY should
sell their shares and give these riches to the poor as Jesus
commands - repeatedly.
- BLES
- the Inspire Global Hope ETF.
Has tracked or underperformed the SPY since its inception in 2017,
with a lower dividend. All Christian investors in BLES should
sell their shares and give these riches to the poor - as Jesus
commands repeatedly.
- GLRY
- the Inspire Momentum ETF.
Has tracked or underperformed the SPY since its inception in 2021,
with a lower dividend. All Christian investors in GLRY should
sell their shares and give these riches to the poor - as Jesus
commands repeatedly.
- YALL
- the God Bless America ETF.
Has tracked the SPY since its inception in 2023, with a lower
dividend. All Christian investors in YALL should sell their
shares and give these riches to the poor - as Jesus commands
repeatedly.
Frankly, some of the symbols for these funds are obscene (geesh, how
about one honestly named Christian fund named 30PS - "30 Pieces of
Silver"?). Note: the following are other non-Christian relilgious ETFs,
which have the same financial problems as the above: track the SPY but
with lower dividends.
- SPUS
- the SP Funds S&P500 Sharia Industry Exclusions ETF.
Has slighty outperformed the SPY since its inception in 2020,
with a lower dividend of 0.62%.
- HLAL
- the Wahed FTSE USA Sharian ETF.
Has pretty much tracked the SPY since its inception in 2019,
with a lower dividend of 0.59%. "Halal" is Arabic for
'permissible' (as opposed to the non-existent HARM ETF,
'haram' is Arabic for 'inpermissible').
- TOV
- the JLens 500 Jewish Advocacy US ETF.
Has tracked the SPY since its inception in December 2025,
with a lower dividend of 0.55%. "TOV" is Hebrew for 'good'.
Look, too much of the financial world is unethical. There really are not
any "ethical" subsets. If you want to be an "ethical" investor, invest
to make the most riches, and then give away most of your gained riches
to the poor, to the "blessed meek".
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