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Trending ETFs

ProShares S&P 500® ex-Energy ETF

ETF
SPXE
Payout Change
Pending
Price as of:
$91.51 +1.33 +1.47%
primary theme
U.S. Large-Cap Blend Equity
SPXE (ETF)

ProShares S&P 500® ex-Energy ETF

Payout Change
Pending
Price as of:
$91.51 +1.33 +1.47%
primary theme
U.S. Large-Cap Blend Equity
SPXE (ETF)

ProShares S&P 500® ex-Energy ETF

Payout Change
Pending
Price as of:
$91.51 +1.33 +1.47%
primary theme
U.S. Large-Cap Blend Equity

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$91.51

$25.9 M

1.15%

$1.05

0.27%

Vitals

YTD Return

13.5%

1 yr return

6.6%

3 Yr Avg Return

12.1%

5 Yr Avg Return

11.7%

Net Assets

$25.9 M

Holdings in Top 10

28.0%

52 WEEK LOW AND HIGH

$90.2
$75.60
$91.98

Expenses

OPERATING FEES

Expense Ratio 0.27%

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

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$91.51

$25.9 M

1.15%

$1.05

0.27%

SPXE - Profile

Distributions

  • YTD Total Return 13.5%
  • 3 Yr Annualized Total Return 12.1%
  • 5 Yr Annualized Total Return 11.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.21%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares S&P 500® ex-Energy ETF
  • Fund Family Name
    ProShares
  • Inception Date
    Sep 22, 2015
  • Shares Outstanding
    295001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Neches

Fund Description

The Fund invests in securities 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 Energy 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, 2020, the following sectors are included within GICS: Consumer Discretionary, Consumer Staples, Financials, Health Care, Industrials, Information Technology, Materials, Communication Services, Real Estate, and Utilities. A Sector is comprised of multiple industries. For example, the Energy Sector is comprised of companies in, among others, the oil, gas, and consumable fuel industries. The Index consists of companies from each of the Sectors other than the Energy 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 "SPXXEGT."

Under normal circumstances, the Fund will invest at least 80% of its total assets in component securities of the Index.

The Fund will invest principally in the financial instruments set forth below.

  • Equity Securities — The Fund invests in common stock issued by public companies.

ProShare Advisors uses a mathematical approach to investing. Using this approach, ProShare Advisors determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with the Fund's investment objective. The Fund may 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.

In managing the assets of the Fund, ProShare Advisors does not invest the assets of the Fund in securities or financial instruments based on ProShare Advisors' view of the investment merit of a particular security, instrument, or company, nor does it conduct conventional investment research or analysis or forecast market movement or trends.

The Fund seeks to remain fully invested at all times in securities and/or financial instruments that, in combination, provide exposure to the returns of the Index without regard to market conditions, trends or direction.

The Fund will concentrate or focus its investments in a particular industry or group of industries to approximately the same extent the Index is so concentrated or focused.

As of May 31, 2020, the Index was concentrated in the information technology industry group and was focused in the health care industry group.

Please see "Investment Objectives, Principal Investment Strategies and Related Risks" in the Fund's Prospectus for additional details.

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SPXE - Performance

Return Ranking - Trailing

Period SPXE Return Category Return Low Category Return High Rank in Category (%)
YTD 13.5% -51.8% 22.1% 62.16%
1 Yr 6.6% -58.9% 46.9% 35.26%
3 Yr 12.1%* -25.7% 197.6% 12.17%
5 Yr 11.7%* -29.1% 93.8% 6.71%
10 Yr N/A* -17.2% 37.0% N/A

* Annualized

Return Ranking - Calendar

Period SPXE Return Category Return Low Category Return High Rank in Category (%)
2022 -20.6% -69.4% 53.7% 47.51%
2021 13.1% -94.0% 152.6% 6.63%
2020 6.4% -13.9% 183.6% 10.79%
2019 7.3% -18.2% 8.9% 4.74%
2018 -1.1% -80.2% 35.2% 12.12%

Total Return Ranking - Trailing

Period SPXE Return Category Return Low Category Return High Rank in Category (%)
YTD 13.5% -97.2% 22.1% 62.16%
1 Yr 6.6% -58.9% 67.6% 36.43%
3 Yr 12.1%* -25.7% 197.6% 13.48%
5 Yr 11.7%* -28.1% 93.8% 7.59%
10 Yr N/A* -11.8% 37.0% N/A

* Annualized

Total Return Ranking - Calendar

Period SPXE Return Category Return Low Category Return High Rank in Category (%)
2022 -20.6% -69.4% 53.7% 47.59%
2021 13.1% -94.0% 152.6% 7.01%
2020 6.4% -13.9% 183.6% 10.71%
2019 7.3% -12.8% 8.9% 4.74%
2018 -1.1% -60.0% 35.2% 31.56%

SPXE - Holdings

Concentration Analysis

SPXE Category Low Category High SPXE % Rank
Net Assets 25.9 M 177 K 1.21 T 92.43%
Number of Holdings 485 2 4154 20.68%
Net Assets in Top 10 7.25 M 1.74 K 270 B 91.36%
Weighting of Top 10 28.00% 1.8% 100.0% 67.51%

Top 10 Holdings

  1. Apple Inc 6.92%
  2. Microsoft Corp 6.12%
  3. Amazon.com Inc 3.15%
  4. Alphabet Inc Class A 2.05%
  5. Tesla Inc 1.90%
  6. Alphabet Inc Class C 1.90%
  7. Berkshire Hathaway Inc Class B 1.74%
  8. Johnson & Johnson 1.42%
  9. UnitedHealth Group Inc 1.40%
  10. NVIDIA Corp 1.40%

Asset Allocation

Weighting Return Low Return High SPXE % Rank
Stocks
99.86% 0.00% 130.24% 17.70%
Other
0.14% -13.91% 134.98% 5.74%
Preferred Stocks
0.00% 0.00% 2.23% 79.88%
Convertible Bonds
0.00% 0.00% 5.54% 78.08%
Cash
0.00% -102.29% 100.00% 94.12%
Bonds
0.00% -0.04% 95.81% 77.87%

Stock Sector Breakdown

Weighting Return Low Return High SPXE % Rank
Technology
25.67% 0.00% 48.94% 25.49%
Healthcare
15.20% 0.00% 60.70% 31.58%
Financial Services
14.08% 0.00% 55.59% 39.15%
Consumer Cyclical
11.30% 0.00% 50.47% 32.77%
Communication Services
9.24% 0.00% 27.94% 30.32%
Industrials
8.62% 0.00% 29.90% 57.00%
Consumer Defense
7.24% 0.00% 49.14% 37.68%
Utilities
3.13% 0.00% 25.44% 23.81%
Real Estate
2.91% 0.00% 37.52% 43.77%
Basic Materials
2.59% 0.00% 26.10% 47.41%
Energy
0.00% 0.00% 41.64% 96.92%

Stock Geographic Breakdown

Weighting Return Low Return High SPXE % Rank
US
98.70% 0.00% 127.77% 19.23%
Non US
1.16% 0.00% 33.51% 59.61%

SPXE - Expenses

Operational Fees

SPXE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.27% 0.01% 2.95% 83.02%
Management Fee 0.13% 0.00% 2.00% 12.79%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

SPXE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SPXE 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.

SPXE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 13.12%

SPXE - Distributions

Dividend Yield Analysis

SPXE Category Low Category High SPXE % Rank
Dividend Yield 1.15% 0.00% 19.15% 11.70%

Dividend Distribution Analysis

SPXE Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

SPXE Category Low Category High SPXE % Rank
Net Income Ratio 1.21% -54.00% 6.06% 20.16%

Capital Gain Distribution Analysis

SPXE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

SPXE - 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 7.17 2.42