ProShares S&P 500 Ex-Technology ETF (SPXT) seeks investment results that correspond, before fees and expenses, to the performance of the S&P 500 Ex-Information Technology Index, which measures the performance of companies included in the S&P 500 Index excluding those classified in the information technology sector according to the Global Industry Classification Standard (GICS); the fund holds approximately 433 large-cap U.S. stocks across diversified sectors including financials (20.77%), consumer discretionary (16.15%), communication services (15.54%), health care (13.59%), industrials (12.71%), consumer staples (7.53%), energy (4.43%), utilities (3.60%), real estate (2.97%) and materials (2.72%), with top holdings such as Amazon.com Inc., Alphabet Inc. (Class A and C), Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc.; SPXT provides quarterly distributions, options availability on NYSE Arca, and a net expense ratio of 0.09% (gross 0.13%, with contractual waiver through September 30, 2026).
Launched on September 22, 2015, SPXT underwent a significant index change on September 21, 2018, shifting from the S&P 500 Ex-Information Technology & Telecommunication Services Index to the current S&P 500 Ex-Information Technology Index.
ProShares, the issuer headquartered in Bethesda, Maryland and founded in 2006 as part of the ProFunds Group, manages over $100 billion in assets under management as of October 2025, including this ETF and a broad lineup of strategic, leveraged, inverse and crypto-linked products; the firm strengthened its distribution capabilities in September 2025 with key hires of regional vice presidents and continues active expansion through new ETF launches such as those targeting the Nasdaq-100 Mega Index in June 2025 and XRP-related products in July 2025.