Key stats
About ProShares S&P 500 Ex-Financials ETF
Home page
Inception date
Sep 22, 2015
Structure
Open-Ended Fund
Replication method
Physical
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 fund’s 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
What's in the fund
Exposure type
Electronic Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPXN trades at 62.96 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on SPXN price chart.
SPXN net asset value is 62.92 today — it's risen 6.74% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPXN assets under management is 59.80 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPXN price has risen by 8.29% over the last month, and its yearly performance shows a 10.61% increase. See more dynamics on SPXN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.74% over the last month, showed a −0.05% decrease in three-month performance and has increased by 11.50% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.74% over the last month, showed a −0.05% decrease in three-month performance and has increased by 11.50% in a year.
SPXN fund flows account for −6.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPXN invests in stocks. See more details in our Analysis section.
SPXN expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPXN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPXN technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPXN shows the strong buy signal. See more of SPXN technicals for a more comprehensive analysis.
Today, SPXN technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPXN shows the strong buy signal. See more of SPXN technicals for a more comprehensive analysis.
Yes, SPXN pays dividends to its holders with the dividend yield of 1.14%.
SPXN trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPXN shares are issued by ProShare Advisors LLC
SPXN follows the S&P 500 Ex-Financials & Real Estate Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 22, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.