ProShares - S&P 500 Ex-Energy ETF
$83.56+0.04 (+0.05%)
- 0.09%
- $88M
- +19.3%
- 0.89%
- 0M sh
- $83.59
- low $67.48high $84.00
The ETF.net SPXE Grade
B
Score 69 out of 100
- 11 of 43
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A80 out of 100Rank 7 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 31Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 13 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D26 out of 100Rank 34 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 27 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 19 of 43
Our read on SPXE
BThe S&P 500 with the oil and gas names lifted out. Same roughly 500-stock large-cap core, one sector missing, at a fee far below what its index-fund peer group typically charges.
SPXE is intended to provide exposure to the S&P 500 while excluding companies classified in the energy sector.
Why people hold it
- Charges 0.09% a year, a fraction of the 0.45% median for funds in its index-tracking peer group.
- One surgical edit, not a rebuild: it holds the S&P 500 and leaves out companies classified in the energy sector. Sector weights and mega-cap shape otherwise stay familiar.
- Tracks the S&P 500 Ex-Energy Index very closely, one of the tighter index implementations in its peer group.
- Running the same ex-energy mandate since 2015, with distributions paid quarterly.
Worth knowing
- Thinly traded for its category. Spreads matter more here than with the household-name S&P 500 trackers, so limit orders are the sane default.
- A small fund next to the giant index products, which is worth knowing before sizing a large position.
- Dropping a whole sector means returns move away from the full S&P 500 in both directions, and you give up energy's dividends and its inflation-hedge role.
SPXE Holdings
- Stocks
- 483
- 40%
- NVDA
Sectors
- Technology41.9%
- Financials11.6%
- Communication10.3%
- Health Care9.6%
- Consumer Discretionary9.0%
- Industrials7.8%
- Consumer Staples4.5%
- Utilities1.9%
- Real Estate1.8%
- Materials1.6%
Geography
- United States97.94%
- Ireland1.18%
- United Kingdom0.42%
- Switzerland0.29%
- Netherlands0.09%
- Bermuda0.07%
- Canada0.01%
SPXE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPXE$11,929
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPXE |
|---|---|
| Year to date | +14.0% |
| 1 month | +2.1% |
| 3 months | +2.8% |
| 1 year | +19.3% |
| 3 years | +23.2% |
| 5 years | +13.6% |
| 10 years | +15.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPXE |
|---|---|---|
| 2026 YTD | +14.0% | |
| 2025 | +18.0% | |
| 2024 | +25.7% | |
| 2023 | +27.7% | |
| 2022 | −20.6% | |
| 2021 | +27.9% | |
| 2020 | +20.6% |
SPXE in the news
SPXE Dividends
- 0.89%
- $0.74
- $0.18 per share
- Quarterly
Distribution history
SPXE Risk
- 12.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.35
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −26.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPXE Cost
0.09%
SPXE0.09%
- The middle half of Other Major Indexes funds
- Median 0.29%
6 of the 42 Other Major Indexes funds charge less.
Other funds in Other Major Indexes
- AFINAFidelity MSCI North American Subset Index ETFExpense ratio 0.09%1 year return —
- AIVOGVanguard S&P Mid-Cap 400 Growth ETFExpense ratio 0.10%1 year return +20.3%
- AUSSGXtrackers MSCI USA Selection Equity ETFExpense ratio 0.09%1 year return +21.9%
- BXOEXXtrackers S&P 100 Ex Top 20 ETFExpense ratio 0.15%1 year return +19.3%
- BONEQFidelity Nasdaq Composite Index ETFExpense ratio 0.21%1 year return +23.6%