ProShares S&P 500 Ex-Technology ETF
The ETF.net SPXT Grade
B
Score 67 out of 100
- 8 of 29
Score 67 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.B67 out of 100Rank 20 of 22Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A70 out of 100Rank 5 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 11 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 7 of 28Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 10 of 29
Our read on SPXT
In short
BThe S&P 500 with its single biggest sector cut out. SPXT tracks an S&P index that drops every company GICS files under information technology (software, hardware, semis) and keeps the other roughly 400.
Stated mandate
SPXT provides exposure to the large-cap S&P 500 while excluding companies classified in the information technology sector.
Why people hold it
Worth knowing
SPXT Holdings
- Stocks
- 428
- 30%
- AMZN
Sectors
- Financials18.6%
- Communication16.5%
- Health Care15.3%
- Consumer Discretionary14.5%
- Industrials12.5%
- Consumer Staples7.2%
- Energy5.6%
- Utilities3.1%
- Real Estate2.8%
- Materials2.6%
- Technology1.2%
Geography
- United States99.48%
- Switzerland0.42%
- Ireland0.05%
- United Kingdom0.05%
SPXT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPXT$11,066
Returns run to the Oct 30, 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 | SPXT |
|---|---|
| Year to date | +7.4% |
| 1 month | +3.1% |
| 3 months | +0.2% |
| 1 year | +10.7% |
| 3 years | +18.7% |
| 5 years | +8.6% |
| 10 years | +11.6% |
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 | SPXT |
|---|---|---|
| 2026 YTD | +7.4% | |
| 2025 | +15.1% | |
| 2024 | +19.9% | |
| 2023 | +16.3% | |
| 2022 | −14.2% | |
| 2021 | +26.3% | |
| 2020 | +10.4% |
SPXT in the news
SPXT Dividends
- 1.30%
- $1.44
- $0.32 per share
- Quarterly
SPXT Risk
- 10.9%
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.
- 1.23
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.
- −21.5%
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.
- 0.78
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SPXT Cost
Overpaying vs BKLC, cheapest in US Large-Cap
$1,898
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SPXT 0.09%
$1,898
BKLC 0.00% Cheapest
$0
Cost over time
Year by year
| Year | SPXT | BKLC | Overpaying |
|---|---|---|---|
| 10 | $165 | $0 | $165 |
| 20 | $646 | $0 | $646 |
| 30 | $1,898 | $0 | $1,898 |
You pay 0.09%Waived by ProShares 0.04%
Full fee 0.13% waiver 0.04% you pay 0.09%
Other funds in US Large-Cap
- AIWLiShares Russell Top 200 ETFExpense ratio 0.15%1 year return +10.5%
- BHDUSHartford Disciplined US Equity ETFExpense ratio 0.19%1 year return +11.9%
- BSPXNProShares S&P 500 Ex-Financials ETFExpense ratio 0.09%1 year return +12.2%
- BXOEFiShares S&P 500 ex S&P 100 ETFExpense ratio 0.20%1 year return +19.0%
- BIQSUNYLI Candriam U.S. Large Cap Equity ETFExpense ratio 0.09%1 year return +14.1%
