SPXE
ProShares S&P 500 Ex-Energy ETF
The ProShares S&P 500 Ex-Energy ETF tracks a market cap-weighted index of US large- and midcap stocks (the S&P 500), excluding firms in the energy sector.
US
EQUITY
Passive
MANAGEMENT STYLE
$ 73.7 M
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Inception date | Sep 22, 2015 |
| Regulation | Open-End Investment Company |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 8.0 % |
| APPLE INC | 7.1 % |
| MICROSOFT CORP | 6.3 % |
| AMAZON.COM INC | 3.9 % |
| ALPHABET INC. CLASS A | 3.2 % |
| BROADCOM INC. | 2.9 % |
| ALPHABET INC. CLASS C | 2.6 % |
| META PLATFORMS INC | 2.5 % |
| TESLA MOTORS INC | 2.2 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.6 % |
Constituent Breakdown
| Number of holdings | 482 |
| Herfindahl-Hirschman Index | 229 |
| Wgt avg mkt cap (mns) | $1,461,375 |
| Large cap (>$10bn) | 99.0% |
| Mid cap ($2-10bn) | 0.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 97.2 % |
 |
IRELAND | 1.5 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -0.2% | 15.1% | 16.1% | 20.4% | 12.2% | 13.8% | -- | 13.4% |
| Dividend Yield | 0.0% | 1.2% | 1.3% | 1.5% | 1.4% | 1.6% | -- | 1.6% |
| Total Returns | -0.2% | 16.3% | 17.4% | 21.9% | 13.6% | 15.4% | -- | 15.0% | Ann. Volatility | 12.6% | 18.7% | 16.1% | 14.9% | 16.8% | 18.5% | -- | 18.5% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 99% |
| MSCI EAFE | 0.91 | 64% |
| MSCI Emg Mkts | 0.79 | 58% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.23% |
Technical Indicators
| 30d moving avg. (EMA) | $74.06 |
| Relative strength (RSI) | 49 |
| MACD/Signal | -0.10/-0.12 |
| Bollinger Bands (Upper/Lower) | $75.17/$72.83 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SPXE |
Expenses vs. SPXE |
ALTAR Score™ vs. SPXE |
|---|---|---|---|---|
| BBUS | JP Morgan Betabuilders U.S. Equity ETF | 94.0% | -7 bp | +0.1% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 93.8% | -2 bp | +0.1% |
| VOTE | TCW Transform 500 ETF | 93.2% | -4 bp | +0.1% |
| SPYX | State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF | 93.0% | +11 bp | -0.1% |
| BKLC | BNY Mellon US Large Cap Core Equity ETF | 92.6% | -9 bp | +0.1% |
| IVV | iShares Core S&P 500 ETF | 91.8% | -6 bp | +0.2% |
| VOO | Vanguard S&P 500 ETF | 91.5% | -6 bp | +0.2% |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | 91.4% | -7 bp | +0.2% |
| SPY | SPDR S&P 500 ETF | 91.4% | +0 bp | +0.1% |
| PBUS | Invesco MSCI USA ETF | 91.1% | -5 bp | +0.2% |
Risk and Returns: SPXE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/7/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.0%
ALTAR SCORE™
38th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,191 funds in the US Equity category with an average
ALTAR Score™ of 5.6% and a standard deviation
of 2.0%. SPXE's ALTAR Score™ is approximately -0.3 standard
deviations above the category average. This places SPXE in the 38th percentile
among funds in the category.
Sell-Side Consensus
$90.09
PRICE TARGET
+24.7%
UPSIDE