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Probably not, but don’t they affect everything? One’s political views might largely track one’s values. Values should not be so easily discarded.
Politics have little affect on underlying businesses, their profits and growth (though some regulatory and tax policy can have small effects, but it’s on the margins in my opinion). Since our markets are comprised of businesses that grow in aggregate to comprise an index – absent a divergence from our capitalist system entirely – politics should not dictate one’s investment philosophy in index funds. That said, specific sectors and businesses can be deeply affected by politics (E.g., the rise of ESG and the fall of Chinese stocks as examples).