SPXT
ProShares S&P 500 Ex-Technology ETF
📎 Investment Objective
The ProShares S&P 500 Ex-Technology ETF (SPXT) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P 500 Ex-Technology Index.
Overview
ETF tracking ProShares S&P 500 Ex-Technology ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares S&P 500 Ex-Technology ETF (SPXT) seeks to provide investment results that, before fees and expenses, correspond to the performance of the S&P 500 Ex-Technology Index.
🎯 Investment Strategy
The fund invests in a portfolio of securities that seeks to track the performance of the S&P 500 Ex-Technology Index, which is designed to measure the performance of the S&P 500 constituents excluding those classified in the GICS® Information Technology sector.
✨ Key Features
- Provides exposure to the S&P 500 index, excluding the technology sector
- Seeks to replicate the performance of the underlying index before fees and expenses
- Low expense ratio of 0.00%
- Suitable for investors seeking broad market exposure with reduced technology sector risk
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
- Sector concentration risk: The fund's performance may be more volatile than a more diversified fund due to its focus on a single sector
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- 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 investors seeking broad market exposure with reduced technology sector risk, as part of a diversified portfolio. It may be particularly appealing to investors who are cautious about the technology sector or want to tilt their portfolio away from technology stocks.