Key stats
About ProShares S&P 500 Ex-Energy ETF
Expense ratio
0.09%
Home page
Inception date
Sep 22, 2015
ISIN
US74347B5811
SPXE launched in September 2015 as part of a suite of ex-sector funds from ProShares, which seek to represent the US large-cap space without exposure to one sector energy, in this case. The underlying index is a float-adjusted, market cap-weighted index that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund will generally invests at least 80% of its total assets in the securities that make up the Index. SPXE might be used either speculatively (i.e. for avoidance of a sector likely to underperform) or in a complementary fashion (i.e. for diversification purposes).
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region