EPS vs SPXN: Grades, Fees and Holdings Compared

WisdomTree U.S. LargeCap Fund

EPSANYSE Arca

ProShares S&P 500 Ex-Financials ETF

SPXNBNYSE Arca

Overlap

68.9%by weight

Expense ratio

EPS −0.01pt a year

EPS0.08%SPXN0.09%

Avg volume · 30D

EPS 55.6×the volume

EPS51KSPXN917

10Y return · a year

SPXN +1.1pt

EPS+14.6%SPXN+15.7%

EPS vs SPXN Performance

Oct 29, 2021 – Oct 30, 2026

+75.9%EPS+81.3%SPXN

Expense ratio: EPS 0.08%, better; SPXN 0.09%
Fund size: EPS $1.63B; SPXN $78M
1Y total return: EPS +14.0%, better; SPXN +12.2%
Yield (12M): EPS 1.13%, better; SPXN 0.87%
Holdings: EPS 506; SPXN 397
Avg volume (30D): EPS 51K sh, better; SPXN 917 sh
NAV per share: EPS $78.98; SPXN $82.80
52W range

ETF.net Grade

Pillar letters and Scores for EPS, SPXN, with each pillar’s weight
Pillar	EPS	SPXN
Cost30% weight	A82Higher	A73
Mission25% weight	A100Higher	A99
Risk15% weight	B63Higher	C43
Tradability15% weight	A84Higher	D34
Holdings10% weight	B56Higher	D34
Durability5% weight	A73Higher	B62

Rank among US Large-Cap funds

How we build Categories ›

Same Category. EPS and SPXN are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

EPS ranks 3rd and SPXN 10th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 83
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 3AEPSWisdomTree U.S. LargeCap FundScore 80
Rank 4AVVVanguard Morningstar Large-Cap ETFScore 78
Rank 8BSPXTProShares S&P 500 Ex-Technology ETFScore 67
Rank 10BSPXNProShares S&P 500 Ex-Financials ETFScore 64
Rank 10BXOEFiShares S&P 500 ex S&P 100 ETFScore 64

Our read on each fund

ETF.net Research

EPSAWisdomTree U.S. LargeCap Fund

SPXNBProShares S&P 500 Ex-Financials ETF

In short

EPS Large-cap core with a profit filter. Roughly 500 U.S. companies, all of them earnings generators, tracked since 2007 for 0.08% a year. Same plumbing as a plain index fund, with a screen most of them skip.

SPXN The 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.

Stated mandate

EPS The fund seeks to track earnings-generating large-cap companies in the U.S. equity market.

SPXN SPXN is designed to provide large-cap S&P 500 exposure with the Financials sector excluded.

Why people hold it

EPS The screen is the whole point: the index holds large U.S. companies that actually generate earnings, so unprofitable names do not ride in on market cap alone.wisdomtree.com
0.08% a year, under the median for its large-cap peer group, and it still spreads across roughly 500 stocks.
Running since 2007 and now a multi-billion-dollar fund, it has tracked its index tightly and ranks in the top quartile of its large-cap cohort.
Pays out quarterly, the standard cadence for a core equity holding.

SPXN 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

EPS It trades thinly for the category, so bid-ask spreads can run wider than the heavily traded core names in the group.
Cheaper shelf-mates exist: SCHX and VV charge 0.03%, BKLC charges nothing. The earnings screen is what the extra basis points buy.
Screening on earnings means the portfolio can look different from a plain cap-weighted large-cap index, and its results will drift from that benchmark in both directions.

SPXN 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

Full EPS profile⁠

Full SPXN profile⁠

EPS vs SPXN Holdings

How EPS and SPXN differ

Overlap by weight

68.9%

Shared holdings make up 92.0% of SPXN and 80.3% of EPS.

Level by level

Holdings316 in both68.9%
Sector11 Sectors83.5%
Countryby domicile99.5%
Asset classEquity100%

Sector

Sector weights in EPS and SPXN, widest gap first
Sector	More in EPSMore in SPXN	EPS	SPXN
Financials	EPS +14.8 points	14.8%	0.0%
Technology	SPXN +9.2 points	37.1%	46.3%
Industrials	SPXN +3.9 points	4.8%	8.7%
Consumer Staples	SPXN +1.2 points	3.8%	5.0%
Real Estate	EPS +0.7 points	0.7%	0.0%
Communication	EPS +0.7 points	12.2%	11.4%
Materials	SPXN +0.6 points	1.2%	1.8%
Consumer Discretionary	SPXN +0.6 points	9.5%	10.1%
Utilities	SPXN +0.6 points	1.6%	2.2%
Health Care	SPXN +0.5 points	10.2%	10.7%
Energy	EPS +0.3 points	4.2%	3.9%

Country, concentration and asset class

Country by domicile

Country weights in EPS and SPXN, widest gap first
Country	More in EPSMore in SPXN	EPS	SPXN
United States	SPXN +0.5 points	99.2%	99.7%
Switzerland	EPS +0.3 points	0.4%	0.1%
China	Same weight	0.1%	0.1%
Mexico	Same weight	0.1%	0.1%
Brazil	EPS +0.1 points	0.1%	0.0%
Ireland	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

EPS38.3%
SPXN43.2%

Securities held

EPS504
SPXN396

Asset class

EPS: Equity
SPXN: Equity

Holdings

Only in EPS188
In both316
Only in SPXN80

Only in EPS

188 securities, 19.6% of EPS by weight

JPMorgan Chase & Co2.10%
Berkshire Hathaway Inc1.81%
Visa Inc0.96%
Bank of America Corp0.89%
Wells Fargo & Co0.64%
Goldman Sachs Group Inc0.57%
Mastercard Inc0.57%
Morgan Stanley0.55%
Citigroup Inc0.52%
Chubb Ltd0.38%
Progressive Corp/The0.34%
Allstate Corp/The0.31%
American Express Co0.29%
Capital One Financial Corp0.28%
Travelers Cos Inc/The0.26%
BlackRock Inc0.26%
US Bancorp0.25%
Charles Schwab Corp/The0.25%
MetLife Inc0.24%
PNC Financial Services Group Inc0.22%
Bank of New York Mellon Corp0.20%
Cheniere Energy Inc0.18%
Prudential Financial Inc0.17%
priceline.com Inc0.16%
Truist Financial Corp0.16%
S&P Global Inc0.16%
Okta Inc0.15%
PayPal Holdings Inc0.14%
Aflac Inc0.14%
Marsh & Mclennan Cos0.14%
CME Group Inc0.13%
Apollo Global Management Inc0.13%
IntercontinentalExchange Inc0.13%
State Street Corp0.12%
American IntL Group Inc0.12%
Pure Storage Inc - Class A0.12%
Ameriprise Financial Inc0.12%
Zoom Video Communications-A0.12%
Arch Capital Group Ltd0.11%
Fiserv Inc0.11%
Synchrony Financial0.11%
Hartford Financial Services Grp0.10%
KKR & Co Inc -A0.10%
ProLogis Inc0.10%
Astera Labs Inc0.09%
Atlassian Corp -Class A0.09%
Blackstone Inc0.09%
Aon Plc0.09%
American Tower Corp0.09%
Crh PLC0.09%

Only in SPXN

80 securities, 7.7% of SPXN by weight

Alphabet Inc-Cl C2.35%
Deere & Co0.30%
Accenture Plc-Cl A0.28%
Boeing Co/The0.24%
Lockheed Martin Corp0.23%
Starbucks Corp0.21%
Booking Holdings Inc0.20%
Elevance Health Inc0.16%
Synopsys Inc0.16%
Waste Management Inc0.15%
Mondelez International Inc-A0.15%
Moderna Inc0.15%
Motorola Solutions Inc0.14%
Norfolk Southern Corp0.14%
Air Products & Chemicals Inc0.12%
Target Corp0.12%
Monster Beverage Corp0.12%
Kimberly-Clark Corp0.12%
Oneok Inc0.11%
Crh PLC0.11%
Humana Inc0.09%
Keurig Dr Pepper Inc0.09%
Nike Inc -Cl B0.08%
Roper Technologies Inc0.08%
Carrier Global Corp0.08%
Iqvia Holdings Inc0.08%
Everpure Inc-A0.07%
Microchip Technology Inc0.07%
Paychex Inc0.06%
Axon Enterprise Inc0.06%
Ge Healthcare Technology0.06%
Centene Corp0.06%
Ingersoll-Rand Inc0.05%
Hp Inc0.05%
Copart Inc0.05%
Dow Inc0.04%
Qnity Electronics Inc0.04%
Intl Flavors & Fragrances0.04%
Smurfit Westrock PLC0.04%
Amcor PLC0.04%
Viatris Inc0.04%
Kraft Heinz Co/The0.04%
Expand Energy Corp0.04%
Skyworks Solutions Inc0.04%
Cdw Corp/De0.03%
International Paper Co0.03%
Cf Industries Holdings Inc0.03%
Super Micro Computer Inc0.03%
Apa Corp0.03%
Leidos Holdings Inc0.03%

Weight gaps

The 100 widest of 316 Holdings in both funds.

Holding weights in EPS and SPXN, widest gap first
Holding	More in EPSMore in SPXN	EPS	SPXN
Apple IncAAPL	SPXN +2.97 points	5.96%	8.93%
Microsoft CorpMSFT	SPXN +2.19 points	4.69%	6.88%
Google IncGOOGL	EPS +1.86 points	4.78%	2.92%
Nvidia CorpNVDA	SPXN +1.65 points	7.14%	8.79%
Amazon.com IncAMZN	EPS +1.46 points	5.65%	4.19%
Broadcom IncAVGO	SPXN +1.43 points	1.32%	2.75%
Tesla IncTSLA	SPXN +1.35 points	0.65%	2.00%
Advanced Micro DevicesAMD	SPXN +0.86 points	0.60%	1.46%
Eli Lilly & CoLLY	SPXN +0.82 points	1.19%	2.01%
Meta PlatformsInc. Cl AMETA	EPS +0.69 points	3.10%	2.41%
Palantir Technologies Inc-APLTR	SPXN +0.54 points	0.21%	0.75%
Costco Wholesale CorpCOST	SPXN +0.51 points	0.29%	0.80%
Pfizer IncPFE	EPS +0.43 points	0.74%	0.31%
Merck & Co Inc/NJMRK	EPS +0.42 points	1.08%	0.66%
Dell Technologies -CDELL	EPS +0.42 points	0.65%	0.23%
Intel CorpINTC	SPXN +0.42 points	0.16%	0.58%
Verizon Communications IncVZ	EPS +0.41 points	0.74%	0.33%
Micron Technology IncMU	SPXN +0.37 points	1.40%	1.77%
General Electric CoGE	SPXN +0.34 points	0.22%	0.56%
Bristol-Myers Squibb CoBMY	EPS +0.31 points	0.54%	0.23%
Crowdstrike Holdings Inc - ACRWD	SPXN +0.30 points	0.15%	0.45%
GE Vernova IncGEV	SPXN +0.30 points	0.11%	0.41%
Palo Alto Networks IncPANW	SPXN +0.28 points	0.25%	0.53%
Exxonmobil Holdings CorpXOM	EPS +0.26 points	1.63%	1.37%
NetFlix IncNFLX	SPXN +0.26 points	0.20%	0.46%
Walmart IncWMT	SPXN +0.23 points	0.75%	0.98%
Comcast CorpCMCSA	EPS +0.23 points	0.38%	0.15%
General Motors CoGM	EPS +0.22 points	0.36%	0.14%
AbbVie IncABBV	SPXN +0.21 points	0.72%	0.93%
Caterpillar IncCAT	SPXN +0.20 points	0.31%	0.51%
Intuitive Surgical IncISRG	SPXN +0.19 points	0.08%	0.27%
Hewlett Packard Enterprise CoHPE	EPS +0.19 points	0.32%	0.13%
AT&T IncT	EPS +0.17 points	0.43%	0.26%
Altria Group IncMO	EPS +0.17 points	0.40%	0.23%
Qualcomm IncQCOM	EPS +0.17 points	0.48%	0.31%
T-Mobile US IncTMUS	EPS +0.17 points	0.30%	0.13%
Uber Technologies IncUBER	EPS +0.16 points	0.40%	0.24%
Lam Research CorpLRCX	SPXN +0.16 points	0.37%	0.53%
Johnson & JohnsonJNJ	EPS +0.15 points	1.32%	1.17%
RTX CorpRTX	SPXN +0.16 points	0.32%	0.48%
ConocoPhillipsCOP	EPS +0.15 points	0.48%	0.33%
Amphenol CorpAPH	SPXN +0.15 points	0.20%	0.35%
CVS Health CorpCVS	EPS +0.14 points	0.34%	0.20%
Thermo Fisher Scientific IncTMO	SPXN +0.14 points	0.32%	0.46%
Cigna CorpCI	EPS +0.13 points	0.27%	0.14%
UnitedHealth Group IncUNH	EPS +0.13 points	0.78%	0.65%
Texas Instruments IncTXN	SPXN +0.13 points	0.36%	0.49%
TJX Cos IncTJX	SPXN +0.13 points	0.15%	0.28%
EOG Resources IncEOG	EPS +0.13 points	0.28%	0.15%
Phillips 66PSX	SPXN +0.11 points	0.09%	0.20%
Home Depot IncHD	SPXN +0.11 points	0.47%	0.58%
Vertiv Holdings CoVRT	SPXN +0.11 points	0.05%	0.16%
Quanta Services IncPWR	SPXN +0.11 points	0.06%	0.17%
Eaton CorpETN	SPXN +0.11 points	0.15%	0.26%
Linde PlcLIN	SPXN +0.10 points	0.32%	0.42%
Abbott LaboratoriesABT	SPXN +0.11 points	0.22%	0.33%
KLA CorpKLAC	SPXN +0.10 points	0.27%	0.37%
Applied Materials IncAMAT	SPXN +0.10 points	0.45%	0.55%
NetApp IncNTAP	EPS +0.10 points	0.17%	0.07%
Howmet Aerospace IncHWM	SPXN +0.09 points	0.05%	0.14%
Diamondback Energy IncFANG	EPS +0.09 points	0.17%	0.08%
Adobe IncADBE	EPS +0.09 points	0.27%	0.18%
McDonalds CorpMCD	SPXN +0.09 points	0.23%	0.32%
Arista Networks IncANET	SPXN +0.09 points	0.22%	0.31%
Constellation EnergyCEG	SPXN +0.09 points	0.06%	0.15%
Analog Devices IncADI	SPXN +0.09 points	0.27%	0.36%
Amgen IncAMGN	EPS +0.09 points	0.54%	0.45%
Vertex Pharmaceuticals IncVRTX	SPXN +0.08 points	0.17%	0.25%
Gilead Sciences IncGILD	EPS +0.08 points	0.46%	0.38%
Bloom Energy Corp- ABE	SPXN +0.09 points	0.02%	0.11%
Doordash Inc - ADASH	SPXN +0.08 points	0.04%	0.12%
Parker Hannifin CorpPH	SPXN +0.08 points	0.12%	0.20%
International Business Machines CorpIBM	SPXN +0.08 points	0.35%	0.43%
ServiceNow IncNOW	SPXN +0.08 points	0.11%	0.19%
Chevron CorpCVX	SPXN +0.08 points	0.75%	0.83%
Trane Technologies PlcTT	SPXN +0.08 points	0.08%	0.16%
Marvell Technology IncMRVL	SPXN +0.08 points	0.23%	0.31%
Ford Motor CoF	EPS +0.07 points	0.16%	0.09%
Automatic Data Processing IncADP	SPXN +0.08 points	0.13%	0.21%
HCA Healthcare IncHCA	EPS +0.08 points	0.20%	0.12%
Williams Cos Inc/TheWMB	SPXN +0.07 points	0.09%	0.16%
United Parcel Service IncUPS	EPS +0.08 points	0.22%	0.14%
Coca-Cola Co/TheKO	SPXN +0.08 points	0.57%	0.65%
Danaher CorpDHR	SPXN +0.07 points	0.19%	0.26%
Hilton Worldwide Holdings IncHLT	SPXN +0.07 points	0.07%	0.14%
Ecolab IncECL	SPXN +0.08 points	0.06%	0.14%
Freeport-McMoRan IncFCX	SPXN +0.07 points	0.09%	0.16%
Flex LtdFLEX	EPS +0.07 points	0.13%	0.06%
Fastenal CoFAST	SPXN +0.07 points	0.04%	0.11%
Cintas CorpCTAS	SPXN +0.06 points	0.07%	0.13%
Johnson Controls InternationalJCI	SPXN +0.07 points	0.09%	0.16%
TransDigm Group IncTDG	SPXN +0.06 points	0.05%	0.11%
Stryker CorpSYK	SPXN +0.06 points	0.12%	0.18%
Nextera EnergyNEE	SPXN +0.06 points	0.25%	0.31%
Marathon Petroleum CorpMPC	SPXN +0.06 points	0.16%	0.22%
Procter & Gamble Co/ThePG	SPXN +0.06 points	0.61%	0.67%
Delta Air Lines IncDAL	EPS +0.06 points	0.14%	0.08%
Applovin Corp-Class AAPP	SPXN +0.06 points	0.05%	0.11%
PTC IncPTC	EPS +0.06 points	0.10%	0.04%
Carvana CoCVNA	SPXN +0.06 points	0.03%	0.09%

All 503 EPS holdings⁠All 399 SPXN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EPS vs SPXN Cost

Overpaying SPXN vs EPS

$209

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

EPS 0.08%
$1,689
SPXN 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

EPS 0.08%
SPXN 0.09%
Overpaying

Year by year

Year	EPS	SPXN	Overpaying
10	$147	$165	$18
20	$575	$646	$71
30	$1,689	$1,898	$209

Expense ratio

0.08%EPS, cheaper
0.09%SPXN

EPS0.08%SPXN0.09%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

EPS 6th cheapest of 29 funds

SPXN 7th cheapest of 29 funds

EPS vs SPXN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EPS 1.13%, better; SPXN 0.87%
Payout (12M): EPS $0.90; SPXN $0.72
Last payment: EPS $0.23; SPXN $0.18
Ex-dividend: EPS Sep 25, 2026; SPXN Sep 23, 2026
Paid on: EPS Sep 29, 2026; SPXN Sep 29, 2026
Frequency: EPS Quarterly; SPXN Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EPSQuarterly · 39 paymentsAll EPS payments⁠

SPXNQuarterly · 39 paymentsAll SPXN payments⁠

EPS vs SPXN Risk

Fall from peak · 5 years

EPS
SPXN

Risk facts

VolatilityStd dev, 3 years: EPS 11.8%, betterSPXN 13.0%
Return per unit of riskSharpe ratio, 3 years: EPS 1.43, betterSPXN 1.37
Worst fallMax drawdown, 5 years: EPS −23.6%, betterSPXN −24.5%
Market sensitivityBeta, 5 years: EPS 0.96SPXN 1.04; Market = 1

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