SPXE
ProShares S&P 500 Ex-Energy ETF
📎 Investment Objective
The ProShares S&P 500 Ex-Energy ETF (SPXE) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Ex-Energy Index.
Overview
ETF tracking ProShares S&P 500 Ex-Energy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares S&P 500 Ex-Energy ETF (SPXE) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the S&P 500 Ex-Energy Index.
🎯 Investment Strategy
The fund invests in a portfolio of securities that seeks to track the performance of the S&P 500 Ex-Energy Index, which measures the performance of the S&P 500 constituents excluding those classified in the GICS energy sector.
✨ Key Features
- Provides exposure to the S&P 500 index, excluding the energy sector
- Designed to serve as a core large-cap equity holding in a diversified portfolio
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- Sector concentration risk: By excluding the energy sector, the fund may have greater exposure to other sectors
- Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares at the desired price
👤 Best For
This ETF may be suitable for long-term investors seeking broad exposure to large-cap U.S. equities, excluding the energy sector, as part of a diversified portfolio. It may be particularly appealing to investors who want to reduce their exposure to the energy sector or who have a neutral or negative outlook on the energy industry.