ProShares - S&P 500 Ex-Financials ETF
$86.06+0.09 (+0.11%)
- 0.09%
- $81M
- +22.7%
- 0.84%
- 0M sh
- $86.00
- low $68.63high $86.36
The ETF.net SPXN Grade
B
Score 63 out of 100
- 11 of 29
Score 63 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.A73 out of 100Rank 7 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 8 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 23 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 24 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D34 out of 100Rank 25 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 11 of 29
Our read on SPXN
BThe S&P 500 with one sector cut out. SPXN holds the index minus banks, insurers and the rest of the financials sector, so you get large-cap America with the Wall Street slice removed.
SPXN is designed to provide large-cap S&P 500 exposure with the Financials sector excluded.
Why people hold it
- Costs 0.09% a year, below the typical large-cap ETF in its group.
- Does the one thing on the label: roughly 400 S&P 500 names with financials stripped out, tracked closely against its ex-financials benchmark.proshares.com
- Plain-vanilla plumbing: a 1940 Act index ETF running since 2015, paying distributions quarterly. No swaps, no leverage, no reset math.
- Sits in the upper half of its large-cap peer group on ETF.net's review.
Worth knowing
- Thinly traded, so spreads can be wider than the giants of the category. Limit orders matter more here.
- Broad large-cap alternatives run cheaper: SCHX and VV both charge 0.03%.
- Cutting a whole sector is an active call. Returns will drift from the plain S&P 500 in both directions, and the remaining sectors carry more weight.proshares.com
SPXN Holdings
- Stocks
- 398
- 45%
- NVDA
Sectors
- Technology46.5%
- Communication11.1%
- Health Care10.5%
- Consumer Discretionary10.1%
- Industrials8.4%
- Consumer Staples5.1%
- Energy4.1%
- Utilities2.2%
- Materials2.0%
Geography
- United States98.10%
- Ireland1.24%
- United Kingdom0.42%
- Switzerland0.12%
- Netherlands0.10%
- Canada0.02%
SPXN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPXN$12,265
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 | SPXN |
|---|---|
| Year to date | +17.0% |
| 1 month | +2.9% |
| 3 months | +4.1% |
| 1 year | +22.7% |
| 3 years | +23.6% |
| 5 years | +14.8% |
| 10 years | +16.1% |
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 | SPXN |
|---|---|---|
| 2026 YTD | +17.0% | |
| 2025 | +18.7% | |
| 2024 | +24.3% | |
| 2023 | +28.6% | |
| 2022 | −18.9% | |
| 2021 | +27.0% | |
| 2020 | +22.1% |
SPXN in the news
SPXN Dividends
- 0.84%
- $0.72
- $0.18 per share
- Quarterly
Distribution history
SPXN Risk
- 13.0%
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.
- 1.36
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.
- −24.5%
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.
- 1.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPXN Cost
0.09%
SPXN0.09%
- The middle half of US Large-Cap funds
- Median 0.20%
5 of the 28 US Large-Cap funds charge less.
Other funds in US Large-Cap
- BSPXTProShares - S&P 500 Ex-Technology ETFExpense ratio 0.09%1 year return +13.4%
- BSPXVProShares - S&P 500 Ex-Health Care ETFExpense ratio 0.09%1 year return +20.1%
- BIQSUNYLI Candriam U.S. Large Cap Equity ETFExpense ratio 0.09%1 year return +24.1%
- BXLGInvesco S&P 500 Top 50 ETFExpense ratio 0.20%1 year return +15.4%
- BXOEFiShares S&P 500 ex S&P 100 ETFExpense ratio 0.20%1 year return +20.2%