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ProShares S&P 500 Ex-Health Care ETF
ETF
SPXV
Payout Change
Pending
Price as of:
$65.3999
+0.67
+1.03%
primary theme
U.S. Large-Cap Blend Equity
SPXV (ETF)
ProShares S&P 500 Ex-Health Care ETF
Payout Change
Pending
Price as of:
$65.3999
+0.67
+1.03%
primary theme
U.S. Large-Cap Blend Equity
SPXV (ETF)
ProShares S&P 500 Ex-Health Care ETF
Payout Change
Pending
Price as of:
$65.3999
+0.67
+1.03%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
31.5%
1 yr return
31.8%
3 Yr Avg Return
11.3%
5 Yr Avg Return
16.1%
Net Assets
$24.1 M
Holdings in Top 10
38.5%
52 WEEK LOW AND HIGH
$64.7
$52.65
$111.31
Expenses
OPERATING FEES
Expense Ratio 0.13%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SPXV - Profile
Distributions
- YTD Total Return 31.5%
- 3 Yr Annualized Total Return 11.3%
- 5 Yr Annualized Total Return 16.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.39%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameProShares S&P 500 Ex-Health Care ETF
-
Fund Family NameProShares Trust
-
Inception DateSep 22, 2015
-
Shares Outstanding45001
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Neches
Fund Description
The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index.The Index is designed to measure the performance of the companies included in the S&P 500 Index with the exception of those companies included in the health care sector. The S&P 500 Index is designed to measure the performance of the 500 companies listed and domiciled in the U.S. The Index selects companies included in the S&P 500 Index from the following sectors: communication services, consumer discretionary, consumer staples, energy, financials, industrials, information technology, materials, real estate and utilities. These companies are then weighted based on market capitalization. The Index’s composition and the assigned weights are reevaluated every September with additional weight adjustments in March, June, and December. The Index is constructed and maintained by S&P Dow Jones Indices LLC. More information about the Index can be found using the Bloomberg ticker symbol “SPXXHCP.”Under normal circumstances, the Fund will invest at least 80% of its total assets in components of the Index or in instruments with similar economic characteristics.The Fund will invest principally in the financial instruments listed below.●Equity Securities — Common stock issued by public companies.ProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with its investment objective. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide exposure consistent with the investment objective, without regard to market conditions, trends or direction. The Fund will generally use a “replication strategy” to achieve its investment objective, meaning that it will invest in all of the component securities of the Index in approximately the same proportion as the Index. However, the Fund may also use a “representative sampling” strategy to invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining exposure with aggregate characteristics similar to those of the Index. For example, the Fund may utilize a representative sampling strategy when the Advisor believes a replication strategy might be detrimental or disadvantageous to shareholders, such as when buying each security in an Index is impracticable or inefficient, or when there are practical difficulties or additional costs involved in replicating an Index. The Fund also may use representative sampling if the Advisor believes one or more securities in the Index becomes illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund.The Fund may operate as “non-diversified” as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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SPXV - Performance
Return Ranking - Trailing
| Period | SPXV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 31.5% | -53.3% | 47.6% | 3.16% |
| 1 Yr | 31.8% | -53.0% | 47.8% | 3.41% |
| 3 Yr | 11.3%* | -24.7% | 16.4% | 6.21% |
| 5 Yr | 16.1%* | -10.4% | 108.3% | 4.17% |
| 10 Yr | N/A* | -0.6% | 52.3% | 80.13% |
* Annualized
Return Ranking - Calendar
| Period | SPXV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 28.9% | -42.6% | 47.4% | 2.66% |
| 2022 | -21.7% | -56.3% | -4.2% | 56.28% |
| 2021 | 26.8% | -27.2% | 537.8% | 6.64% |
| 2020 | 16.9% | -22.5% | 2181.7% | 22.35% |
| 2019 | 31.3% | -13.5% | 40.4% | 5.10% |
Total Return Ranking - Trailing
| Period | SPXV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 31.5% | -53.3% | 47.6% | 3.16% |
| 1 Yr | 31.8% | -53.0% | 47.8% | 3.41% |
| 3 Yr | 11.3%* | -24.7% | 16.4% | 6.21% |
| 5 Yr | 16.1%* | -10.4% | 108.3% | 4.17% |
| 10 Yr | N/A* | -0.6% | 52.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | SPXV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.7% | -5.0% | 47.4% | 5.66% |
| 2022 | -20.5% | -36.8% | -2.2% | 84.51% |
| 2021 | 28.4% | 3.0% | 537.8% | 28.34% |
| 2020 | 19.0% | -15.8% | 2266.0% | 30.57% |
| 2019 | 33.6% | -0.4% | 241.3% | 7.51% |
SPXV - Holdings
Concentration Analysis
| SPXV | Category Low | Category High | SPXV % Rank | |
|---|---|---|---|---|
| Net Assets | 24.1 M | 2.34 M | 1.84 T | 97.84% |
| Number of Holdings | 448 | 2 | 3963 | 23.38% |
| Net Assets in Top 10 | 8.54 M | 880 K | 525 B | 98.01% |
| Weighting of Top 10 | 38.50% | 0.3% | 111.6% | 38.55% |
Top 10 Holdings
- Apple, Inc. 7.90%
- Microsoft Corp. 7.42%
- NVIDIA Corp. 7.02%
- Amazon.com, Inc. 3.91%
- Meta Platforms, Inc., Class A 2.73%
- Alphabet, Inc., Class A 2.30%
- Berkshire Hathaway, Inc., Class B 2.06%
- Alphabet, Inc., Class C 1.93%
- Broadcom, Inc. 1.70%
- JPMorgan Chase Co. 1.54%
Asset Allocation
| Weighting | Return Low | Return High | SPXV % Rank | |
|---|---|---|---|---|
| Stocks | 99.66% | 0.00% | 105.79% | 25.12% |
| Other | 0.24% | -13.91% | 100.00% | 15.75% |
| Cash | 0.10% | 0.00% | 99.07% | 87.15% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 98.51% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 98.50% |
| Bonds | 0.00% | 0.00% | 93.85% | 98.51% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SPXV % Rank | |
|---|---|---|---|---|
| Technology | 28.55% | 0.00% | 48.94% | 9.21% |
| Financial Services | 15.67% | 0.00% | 55.59% | 24.92% |
| Consumer Cyclical | 12.52% | 0.00% | 30.33% | 13.85% |
| Communication Services | 10.30% | 0.00% | 27.94% | 16.47% |
| Industrials | 9.58% | 0.00% | 29.90% | 41.13% |
| Consumer Defense | 8.06% | 0.00% | 47.71% | 23.31% |
| Energy | 5.60% | 0.00% | 41.64% | 16.89% |
| Utilities | 3.48% | 0.00% | 20.91% | 17.48% |
| Real Estate | 3.25% | 0.00% | 31.91% | 29.73% |
| Basic Materials | 2.89% | 0.00% | 25.70% | 38.94% |
| Healthcare | 0.10% | 0.00% | 52.29% | 99.92% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SPXV % Rank | |
|---|---|---|---|---|
| US | 99.66% | 0.00% | 105.79% | 21.64% |
| Non US | 0.00% | 0.00% | 63.83% | 98.92% |
SPXV - Expenses
Operational Fees
| SPXV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.13% | 0.01% | 19.75% | 92.74% |
| Management Fee | 0.13% | 0.00% | 1.90% | 14.42% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| SPXV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SPXV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SPXV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 268.00% | 13.04% |
SPXV - Distributions
Dividend Yield Analysis
| SPXV | Category Low | Category High | SPXV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.21% | 0.00% | 25.47% | 37.82% |
Dividend Distribution Analysis
| SPXV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| SPXV | Category Low | Category High | SPXV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.39% | -54.00% | 2.44% | 8.90% |
Capital Gain Distribution Analysis
| SPXV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 23, 2024 | $0.196 | OrdinaryDividend |
| Sep 25, 2024 | $0.179 | OrdinaryDividend |
| Jun 26, 2024 | $0.191 | OrdinaryDividend |
| Mar 20, 2024 | $0.146 | OrdinaryDividend |
| Dec 20, 2023 | $0.217 | OrdinaryDividend |
| Sep 20, 2023 | $0.167 | OrdinaryDividend |
| Jun 21, 2023 | $0.111 | OrdinaryDividend |
| Mar 22, 2023 | $0.145 | OrdinaryDividend |
| Dec 22, 2022 | $0.194 | OrdinaryDividend |
| Sep 21, 2022 | $0.182 | OrdinaryDividend |
| Jun 22, 2022 | $0.149 | OrdinaryDividend |
| Mar 23, 2022 | $0.126 | OrdinaryDividend |
| Dec 23, 2021 | $0.146 | OrdinaryDividend |
| Sep 22, 2021 | $0.117 | OrdinaryDividend |
| Jun 22, 2021 | $0.185 | OrdinaryDividend |
| Mar 23, 2021 | $0.106 | OrdinaryDividend |
| Dec 23, 2020 | $0.144 | OrdinaryDividend |
| Sep 23, 2020 | $0.119 | OrdinaryDividend |
| Jun 24, 2020 | $0.183 | OrdinaryDividend |
| Mar 25, 2020 | $0.123 | OrdinaryDividend |
| Dec 24, 2019 | $0.150 | OrdinaryDividend |
| Sep 25, 2019 | $0.134 | OrdinaryDividend |
| Jun 25, 2019 | $0.138 | OrdinaryDividend |
| Mar 20, 2019 | $0.109 | OrdinaryDividend |
| Dec 26, 2018 | $0.140 | OrdinaryDividend |
| Sep 26, 2018 | $0.131 | OrdinaryDividend |
| Jun 20, 2018 | $0.115 | OrdinaryDividend |
| Mar 21, 2018 | $0.098 | OrdinaryDividend |
| Dec 26, 2017 | $0.122 | OrdinaryDividend |
| Sep 27, 2017 | $0.136 | OrdinaryDividend |
| Jun 21, 2017 | $0.067 | OrdinaryDividend |
| Mar 22, 2017 | $0.099 | OrdinaryDividend |
| Dec 21, 2016 | $0.215 | OrdinaryDividend |
| Sep 21, 2016 | $0.104 | OrdinaryDividend |
| Jun 22, 2016 | $0.099 | OrdinaryDividend |
| Mar 23, 2016 | $0.207 | OrdinaryDividend |
| Dec 22, 2015 | $0.119 | OrdinaryDividend |
SPXV - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Sep 22, 2015
6.69
6.7%
Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.
Devin Sullivan
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
