---
ticker: "SPXN"
name: "ProShares - S&P 500 Ex-Financials ETF"
url: "https://etf.net/etf/SPXN"
grade: "B"
score: 63
graded_at: "2026-10-12"
category: "US Large-Cap"
category_rank: "11 of 29"
methodology: "https://etf.net/methodology"
---

# SPXN: ProShares - S&P 500 Ex-Financials ETF

Grade **B**, Score 63 of 100. Rank 11 of 29 in US Large-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 73 | 7 of 29 |
| Mission | 99 | 8 of 22 |
| Risk | 39 | 23 of 29 |
| Tradability | 31 | 24 of 29 |
| Holdings | 34 | 25 of 28 |
| Durability | 64 | 11 of 29 |

## Top holdings

The fund holds 398 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 9.36% |
| 2 | AAPL | Apple Inc | 8.51% |
| 3 | MSFT | Microsoft Corp | 6.87% |
| 4 | AMZN | Amazon.com Inc | 4.36% |
| 5 | GOOGL | Alphabet Inc-Cl A | 3.54% |
| 6 | AVGO | Broadcom Inc | 2.89% |
| 7 | GOOG | Alphabet Inc-Cl C | 2.84% |
| 8 | META | Meta Platforms Inc-Class A | 2.80% |
| 9 | MU | Micron Technology Inc | 1.91% |
| 10 | TSLA | Tesla Inc | 1.82% |
| 11 | AMD | Advanced Micro Devices | 1.66% |
| 12 | LLY | Eli Lilly & Co | 1.62% |
| 13 | XOM | Exxonmobil Holdings Corp | 1.21% |
| 14 | JNJ | Johnson & Johnson | 1.09% |
| 15 | WMT | Walmart Inc | 0.86% |
| 16 | INTC | Intel Corp | 0.86% |
| 17 | ABBV | AbbVie Inc | 0.85% |
| 18 | PLTR | Palantir Technologies Inc-A | 0.82% |
| 19 | CSCO | Cisco Systems Inc | 0.78% |
| 20 | COST | Costco Wholesale Corp | 0.73% |
| 21 | CVX | Chevron Corp | 0.73% |
| 22 | AMAT | Applied Materials Inc | 0.68% |
| 23 | LRCX | Lam Research Corp | 0.66% |
| 24 | CAT | Caterpillar Inc | 0.63% |
| 25 | MRK | Merck & Co. Inc. | 0.61% |
| 26 | PG | Procter & Gamble Co/The | 0.61% |
| 27 | KO | Coca-Cola Co/The | 0.59% |
| 28 | UNH | UnitedHealth Group Inc | 0.58% |
| 29 | PANW | Palo Alto Networks Inc | 0.56% |
| 30 | GE | General Electric | 0.55% |

Source: etf.net, https://etf.net/etf/SPXN. Please cite the page URL.