ProShares - S&P 500 Ex-Energy ETF
$82.72−0.55 (−0.66%)
- Expense ratio
- 0.09%
- Fund size
- $88M
- 1Y return
- +16.4%
- Yield · Last 12 months
- 0.90%
- Holdings
- 484
- Volume · 30D
- 0M sh
- NAV per share
- $83.44
- 52W range
The ETF.net SPXE Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 80Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 28Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 47Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 56Category rank
Our read on SPXE
AThe 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
- 484
- 40%
- NVDA
Sectors
- Technology40.3%
- Financials12.5%
- Communication10.3%
- Health Care9.5%
- Consumer Discr.9.1%
- Industrials7.7%
- Cons. Staples4.7%
- Utilities2.0%
- Materials1.9%
- Real Estate1.8%
- Energy0.0%
Geography
- United States97.89%
- Ireland1.19%
- United Kingdom0.42%
- Switzerland0.31%
- Netherlands0.09%
- Bermuda0.08%
- Canada0.02%
SPXE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +13.6% |
| 1 month | +1.4% |
| 3 months | +3.9% |
| 1 year | +16.4% |
| 3 years | +23.4% |
| 5 years | +13.2% |
| 10 years | +15.7% |
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 | +13.6% | |
| 2025 | +18.0% | |
| 2024 | +25.7% | |
| 2023 | +27.7% | |
| 2022 | −20.6% | |
| 2021 | +27.9% | |
| 2020 | +20.6% |
SPXE in the news
ETF.net Research hasn’t filed on SPXE yet — coverage lands here as it’s written.
SPXE Dividends
- 0.90%
- $0.75
- $0.19 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.19 |
| Mar 25, 2026 | Mar 31, 2026 | $0.18 |
| Dec 24, 2025 | Dec 31, 2025 | $0.21 |
| Sep 24, 2025 | Sep 30, 2025 | $0.19 |
| Jun 25, 2025 | Jul 1, 2025 | $0.17 |
| Mar 26, 2025 | Apr 1, 2025 | $0.16 |
| Dec 23, 2024 | Dec 31, 2024 | $0.19 |
| Sep 25, 2024 | Oct 2, 2024 | $0.17 |
| Jun 26, 2024 | Jul 3, 2024 | $0.19 |
| Mar 20, 2024 | Mar 27, 2024 | $0.14 |
| Dec 20, 2023 | Dec 28, 2023 | $0.21 |
| Sep 20, 2023 | Sep 27, 2023 | $0.17 |
SPXE Risk
- 13.5%
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.
- 1.16
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
- The middle half of Other Major Indexes funds
- Median 0.29%
6 of the 42 Other Major Indexes funds charge less.