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Trending ETFs

ProShares S&P 500 Ex-Health Care ETF

ETF
SPXV
Payout Change
Pending
Price as of:
$110.2431 -0.34 -0.31%
primary theme
U.S. Large-Cap Blend Equity
SPXV (ETF)

ProShares S&P 500 Ex-Health Care ETF

Payout Change
Pending
Price as of:
$110.2431 -0.34 -0.31%
primary theme
U.S. Large-Cap Blend Equity
SPXV (ETF)

ProShares S&P 500 Ex-Health Care ETF

Payout Change
Pending
Price as of:
$110.2431 -0.34 -0.31%
primary theme
U.S. Large-Cap Blend Equity

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$110.24

$16.6 M

1.57%

$1.73

0.13%

Vitals

YTD Return

9.8%

1 yr return

35.6%

3 Yr Avg Return

11.3%

5 Yr Avg Return

15.4%

Net Assets

$16.6 M

Holdings in Top 10

35.9%

52 WEEK LOW AND HIGH

$110.6
$83.98
$111.15

Expenses

OPERATING FEES

Expense Ratio 0.13%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$110.24

$16.6 M

1.57%

$1.73

0.13%

SPXV - Profile

Distributions

  • YTD Total Return 9.8%
  • 3 Yr Annualized Total Return 11.3%
  • 5 Yr Annualized Total Return 15.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.39%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares S&P 500 Ex-Health Care ETF
  • Fund Family Name
    ProShares Trust
  • Inception Date
    Sep 22, 2015
  • Shares Outstanding
    45001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Neches

Fund Description

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index.The Index and Fund seek to provide exposure to the companies of the S&P 500® Index (the “S&P 500®”) with the exception of those companies included in the Health Care Sector. The S&P 500® is a measure of large-cap U.S. stock market performance. It is a float adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The Index is constructed and maintained by S&P Dow Jones LLC. The Index classifies each company in the S&P 500® as part of a particular Sector using the Global Industry Classification Standards (“GICS”), which are jointly produced by S&P Dow Jones Indices and MSCI, to define companies within a sector. As of June 30, 2023, the following sectors are included within GICS: Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, and Utilities. A Sector is comprised of multiple industries. For example, the Health Care Sector is comprised of companies in, among others, the health care providers, services, and technology industries. The Index consists of companies from each of the Sectors other than the Health Care Sector. Each security in the Index is weighted by float-adjusted market capitalization according to the same rules as the S&P 500®. The Index is published under the Bloomberg ticker symbol “SPXXHCT.”Under normal circumstances, the Fund will invest at least 80% of its total assets in component securities of the Index or in instruments with similar economiccharacteristics.The Fund will invest principally in the financial instruments listed below.Equity Securities — Common stock issued by public companies.ProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with its investment objective. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide exposure consistent with the investment objective, without regard to market conditions, trends or direction. The Fund will generally use a “replication strategy” to achieve its investment objective, meaning that it will invest in all of the component securities of the Index in approximately the same proportion as the Index. However, the Fund may also use a “representative sampling” strategy to invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments,with the intent of obtaining exposure with aggregate characteristics similar to those of the Index. For example, the Fund may utilize a representative sampling strategy when the Advisor believes a replication strategy might be detrimental or disadvantageous to shareholders, such as when buying each security in an Index is impracticable or inefficient, or when there are practical difficulties or additional costs involved in replicating an Index. The Fund also may use representative sampling if the Advisor believes one or more securities in the Index becomes illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to theFund.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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SPXV - Performance

Return Ranking - Trailing

Period SPXV Return Category Return Low Category Return High Rank in Category (%)
YTD 9.8% 0.3% 17.0% 37.12%
1 Yr 35.6% 3.7% 53.6% 15.83%
3 Yr 11.3%* -10.3% 30.6% 16.48%
5 Yr 15.4%* -7.9% 109.2% 13.19%
10 Yr N/A* 0.4% 21.0% 80.13%

* Annualized

Return Ranking - Calendar

Period SPXV Return Category Return Low Category Return High Rank in Category (%)
2023 28.9% -42.6% 47.4% 2.55%
2022 -21.7% -56.3% -4.2% 55.23%
2021 26.8% -27.2% 53.7% 6.33%
2020 16.9% -36.2% 2181.7% 22.60%
2019 31.3% -22.7% 40.4% 4.86%

Total Return Ranking - Trailing

Period SPXV Return Category Return Low Category Return High Rank in Category (%)
YTD 9.8% 0.3% 17.0% 37.12%
1 Yr 35.6% 3.7% 53.6% 15.83%
3 Yr 11.3%* -10.3% 30.6% 16.48%
5 Yr 15.4%* -7.9% 109.2% 13.19%
10 Yr N/A* 0.4% 21.0% N/A

* Annualized

Total Return Ranking - Calendar

Period SPXV Return Category Return Low Category Return High Rank in Category (%)
2023 30.7% -5.0% 47.4% 5.49%
2022 -20.5% -36.8% -2.2% 83.80%
2021 28.4% 3.0% 124.3% 28.00%
2020 19.0% -15.8% 2266.0% 30.52%
2019 33.6% -0.4% 241.3% 7.24%

SPXV - Holdings

Concentration Analysis

SPXV Category Low Category High SPXV % Rank
Net Assets 16.6 M 2.59 M 1.55 T 98.20%
Number of Holdings 447 1 4053 23.06%
Net Assets in Top 10 6.43 M 885 K 387 B 97.73%
Weighting of Top 10 35.95% 0.3% 112.0% 37.52%

Top 10 Holdings

  1. Microsoft Corp. 8.40%
  2. Apple, Inc. 8.33%
  3. Amazon.com, Inc. 3.96%
  4. NVIDIA Corp. 3.45%
  5. Alphabet, Inc., Class A 2.35%
  6. Meta Platforms, Inc., Class A 2.17%
  7. Alphabet, Inc., Class C 2.02%
  8. Tesla, Inc. 1.98%
  9. Berkshire Hathaway, Inc., Class B 1.96%
  10. JPMorgan Chase Co. 1.35%

Asset Allocation

Weighting Return Low Return High SPXV % Rank
Stocks
99.78% 0.00% 124.03% 11.57%
Cash
0.15% 0.00% 99.06% 85.07%
Other
0.06% -13.91% 100.00% 23.14%
Preferred Stocks
0.00% 0.00% 2.38% 69.66%
Convertible Bonds
0.00% 0.00% 5.54% 68.24%
Bonds
0.00% -0.50% 94.15% 70.68%

Stock Sector Breakdown

Weighting Return Low Return High SPXV % Rank
Technology
28.55% 0.00% 48.94% 8.91%
Financial Services
15.67% 0.00% 55.59% 24.50%
Consumer Cyclical
12.52% 0.00% 30.33% 14.32%
Communication Services
10.30% 0.00% 27.94% 15.75%
Industrials
9.58% 0.00% 29.90% 41.05%
Consumer Defense
8.06% 0.00% 47.71% 23.23%
Energy
5.60% 0.00% 41.64% 17.10%
Utilities
3.48% 0.00% 20.91% 17.50%
Real Estate
3.25% 0.00% 31.91% 29.51%
Basic Materials
2.89% 0.00% 25.70% 38.50%
Healthcare
0.10% 0.00% 60.70% 99.92%

Stock Geographic Breakdown

Weighting Return Low Return High SPXV % Rank
US
99.78% 0.00% 124.03% 10.24%
Non US
0.00% 0.00% 62.81% 75.61%

SPXV - Expenses

Operational Fees

SPXV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.13% 0.01% 16.07% 93.23%
Management Fee 0.13% 0.00% 1.89% 13.59%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

SPXV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SPXV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPXV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 13.04%

SPXV - Distributions

Dividend Yield Analysis

SPXV Category Low Category High SPXV % Rank
Dividend Yield 1.57% 0.00% 25.10% 45.22%

Dividend Distribution Analysis

SPXV Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Semi-Annually

Net Income Ratio Analysis

SPXV Category Low Category High SPXV % Rank
Net Income Ratio 1.39% -54.00% 6.06% 8.54%

Capital Gain Distribution Analysis

SPXV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Annually

Distributions History

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SPXV - Fund Manager Analysis

Managers

Michael Neches


Start Date

Tenure

Tenure Rank

Sep 22, 2015

6.69

6.7%

Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.

Devin Sullivan


Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.21 2.42