Posted on 09/09/2025 3:06:47 PM PDT by JSM_Liberty
A faith-based investment firm partnered with S&P Dow Jones Indices to create a new index and exchange traded fund (ETF) that will cater to evangelical Christian investors.
Bountiful Financial and S&P Dow Jones collaborated to create the S&P 500 Christian Values Screened Index, which the firms announced as the first in a suite of indices tailored for evangelical Christian investors.
"We are proud to empower Christian investors around the world to live with greater integrity by aligning their investments with their values," said David Friedman, head of Christian investment solutions at Bountiful Financial. "The launch of this flagship Index in collaboration with S&P DJI underscores our commitment to democratizing faith-driven investing."
The new Christian values index fund will screen out companies based on their involvement in activities like abortion, stem cell research, adult entertainment, predatory lending, recreational cannabis, gambling, tobacco and violent video games. Once the index excludes companies that are ineligible on those grounds, sector adjustments are made to keep the index aligned with the broader S&P 500 to reduce tracking error.
The investment firm is planning to launch ETFs and other financial products that track the S&P 500 Christian Values Screened Index later this year.
Bountiful Financial CEO Reid Steadman said the new index is the "product of a year of thoughtful collaboration with S&P DJI," adding that, "In a world where values matter more than ever, Christian investors deserve tools that support both their financial and spiritual goals." Bountiful Financial has previously created several thematic index funds, including indexes oriented around the values of the Roman Catholic and Latter-Day Saints faiths.
Cameron Drinkwater, chief product officer at S&P Dow Jones Indices, said that the firm "is pleased to collaborate with Bountiful Financial to expand our faith-based indices, which are designed for market participants seeking tools to align their religious beliefs with their investing strategies." "The S&P 500 Christian Values Screened Index joins our market-leading faith-based benchmark suite, highlighting S&P DJI's ongoing commitment to this space," Drinkwater added.
Was listening to a local talk radio station and they were talking about this type of movement starting.
Perfectly reasonable sort of fund. With good fund managers, you can support your belief system and your retirement savings.
not sure this is what Jesus meant to invest in the Kingdom.
There is a wide disparity in “Christian” political viewpoints.
Instead of DEI it’ll be EID: Evangelical Investing Dividends
My thoughts exactly. That disparity translates into what a particular Christian believes is a 'Christian Valued' investment, while another Christian would disagree.
E.g., Christian A believes an ETF containing wine producers is ok while Christian B believes wine consumption is sinful.
S&P 500 Christian Values Screen (^SPXCVSUN)
Creating an index that looks favorable when it’s back tested is open for all kinds of manipulations in selecting candidates that would give you as good or better return compared to the s&p. It’ll take about a decade to determine what this new index will actually produce compared to other alternatives.
Probably plenty of non biblical christian based causes in the group.
Not all business or orgs saying they are following Jesus really are following, more like Jesus in the backseat as they drive the car as they wish.
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