Global X S&P 500 Christian Values ETFCHRI

Faith-based investing is supposed to feel transcendent, but the S&P 500 Christian Values ETF (CHRI) is grounded in a prosaic fact: it owns the same large-cap US stocks as the S&P 500 Index after applying a set of exclusion screens chosen by Global X. On 24 July 2026, CHRI’s top holding is Microsoft at 6.1%, followed by Apple at 5.9% and Nvidia at 5.3%, according to the fund’s latest fact sheet. The portfolio’s sector tilt is 31.4% technology, 15.2% healthcare, and 14.1% consumer discretionary, which is to say: screens or no screens, the fund still chases the same growth engines that dominate the S&P 500. The issuer markets CHRI as a values-led alternative, but the reality is a fee layered on top of an index whose method is unchanged since the days when passive investing meant buying everything, not excluding things.

The expense ratio is 0.58% per annum, a figure that Global X prints in bold on its fact sheet and that investors can compare against the 0.03% charged by a plain S&P 500 ETF such as IVV. The fund’s assets under management are approximately $440 million, according to Nasdaq’s ETF page, a scale that supports intraday liquidity but still leaves CHRI a niche player in a market that rewards scale. The wrapper’s innovation is not the underlying index-it is the overlay of screens that Global X calls “Christian values,” a label that turns exclusion into marketing without altering the index’s methodology. The fund’s fact sheet lists 22 exclusions, from weapons to adult entertainment, but the index provider’s methodology remains the S&P 500 methodology applied with an additional filter.

CHRI’s fact sheet shows the top ten holdings account for 28.7% of the portfolio and that the fund’s tracking difference versus the S&P 500 Index is driven almost entirely by fees and sampling error rather than by any relative strength from values alignment. The issuer’s “15 Years of Product Innovation” page celebrates a robot with a halo, a visual that signals the distance between the polished pitch and the plain mechanics of an ETF that is, at its core, an index fund with a fee.

The fund’s regulatory filings on SEC EDGAR confirm the structure: CHRI is a series of the ETF managed by Mirae Asset Global Investments (USA) LLC under the Global X brand. The fund’s registration statement states that it seeks investment results that correspond generally to the price and yield performance of the S&P 500 Index excluding companies that fail the issuer’s “Christian values” screens. The filing does not disclose any relative strength premium from the screens; the only explicit figure disclosed is the expense ratio of 0.58%. The fund’s liquidity is supported by the Global X trading desk and by Nasdaq’s ETF platform, where CHRI trades under the ticker CHRI with average daily volume that is a fraction of the S&P 500 ETFs, consistent with a niche, values-themed wrapper.

The issuer’s newsroom and product pages frame CHRI as part of a lineup that spans disruptive tech, equity income, and more, but the evidence shows that the “more” rarely changes the underlying index mechanics. The Artificial Intelligence & Technology ETF (AIQ) uses the same index provider and methodology style for its thematic overlay, which suggests the wrapper, not the index, is where Global X differentiates. CHRI’s fact sheet and Nasdaq page are the primary sources for holdings, fees, and liquidity; the fund’s SEC filings govern structure and regulatory disclosure. The chart route for CHRI on Nasdaq is available but offers no special insight beyond price and volume, which the source rails do not parse for trading levels or technical commentary.

What changed this week? Nothing structural: CHRI continues to rebalance weekly against the S&P 500 Index with the issuer’s exclusion screens applied. The fund’s fact sheet remains the authoritative source for holdings, concentration, and fees. The issuer’s newsroom and product pages confirm the lineup’s breadth but do not disclose any new screens, fees, or structural changes for CHRI. The evidence does not supply any earnings, guidance, or segment-level disclosures specific to CHRI, nor does it supply any analyst ratings or valuation commentary for the fund itself.