Key stats
About ProShares S&P 500 Ex-Financials ETF
Home page
Inception date
Sep 22, 2015
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SPXN launched in September 2015 as part of the ex-sector suite from ProShares, which seeks to represent the US large-cap space without exposure to a specific sector. The fund starts with the S&P 500 index constituents. From this selection universe, companies are classified by sector according to GICS and those under financials and real estate are excluded from the portfolio. Selected securities are market-cap-weighted and rebalanced quarterly. SPXN might be used either speculatively when you want to bet on the underperformance of the financials and real estate sector, or complementary when you already have large positions in financials and real estate, and are looking to diversify. Prior to August 16, 2016, the funds underlying index name was S&P 500 Ex-Financials since the financial sector already included real estate at the time of launch. The change was made following the September 2016 GICS elevation of real estate to sector level.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Health Technology
Stocks99.68%
Electronic Technology24.10%
Technology Services23.08%
Health Technology10.01%
Retail Trade9.86%
Consumer Non-Durables5.36%
Producer Manufacturing3.75%
Utilities3.63%
Consumer Services3.63%
Energy Minerals3.15%
Consumer Durables2.44%
Health Services2.17%
Process Industries1.90%
Transportation1.87%
Communications1.36%
Distribution Services1.23%
Industrial Services0.89%
Non-Energy Minerals0.58%
Commercial Services0.51%
Finance0.10%
Miscellaneous0.06%
Bonds, Cash & Other0.32%
Cash0.28%
Corporate0.04%
Stock breakdown by region
North America97.45%
Europe2.55%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history