SPXV

📎 Investment Objective

The ProShares S&P 500 Ex-Health Care ETF (SPXV) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Ex-Health Care Index.

✨ Key Features

• Provides exposure to the large-cap U.S. equity market, excluding the health care sector
• Seeks to track the performance of the S&P 500 Ex-Health Care Index
• Low expense ratio of 0.00%
• Suitable for investors seeking broad market exposure with reduced health care 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 the non-health care sectors of the S&P 500
• Tracking error risk: The fund may not perfectly track the performance of its underlying index
• Liquidity risk: The fund may experience lower trading volume or less trading activity, which could lead to wider bid-ask spreads

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the large-cap U.S. equity market with reduced exposure to the health care sector. It may be particularly appealing to investors who want to diversify their portfolio away from the health care industry or who have a specific view on the relative performance of the non-health care sectors within the S&P 500.