ProShares - S&P 500 Ex-Financials ETF
SPXN
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- ProShares S&P 500 ex-Financials ETF (SPXN) seeks investment results that correspond, before fees and expenses, to the performance of the S&P 500 Ex-Financials & Real Estate Index, a market-cap-weighted index comprising large-cap U.S. stocks from the S&P 500 excluding those classified in the financials and real estate sectors; the fund holds approximately 397-399 securities, with top holdings including NVIDIA Corp. (approximately 8-9%), Apple Inc., Microsoft Corp., Amazon.com Inc., and Broadcom Inc., spanning sectors such as information technology (around 40%), communication services, consumer discretionary, health care, industrials, consumer staples, energy, utilities, and materials. It offers quarterly distributions, a net expense ratio of 0.09% (with contractual waiver through September 30, 2026), options trading availability, and exposure to an average market capitalization of about $142 billion per constituent as of late 2025. SPXN targets investors seeking diversified S&P 500 exposure while avoiding financial sector volatility, operates primarily in U.S. equity markets, and was launched on September 22, 2015 by ProShares, an ETF provider founded in 1999 and headquartered in Bethesda, Maryland. ProShares, the issuer, has pursued aggressive product innovation and expansion in 2025, including the June launch of Dynamic Buffer ETFs adapting daily to volatility for U.S. stock index participation, the August debut of ProShares Ultra CRCL (CRCA) targeting 2x daily returns of Circle Internet Group amid stablecoin regulatory advancements, and July introductions of leveraged Solana and XRP futures-based ETFs following NYSE Arca approval. The firm surpassed $100 billion in assets under management in October 2025, strengthened distribution with key regional vice president hires in September, and reduced fees on its S&P 500 ex-sector ETF suite, including SPXN, to enhance competitiveness. These developments reflect ProShares' strategic focus on leveraged, inverse, high-income, and sector-tailored ETFs amid growing demand for tactical investment vehicles.