ProShares S&P 500 ex-Financials ETFSPXN
SPXN
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
13% more funds holding
Funds holding: 15 [Q3] → 17 (+2) [Q4]
2.15% more ownership
Funds ownership: 64.35% [Q3] → 66.5% (+2.15%) [Q4]
5% more capital invested
Capital invested by funds: $37.9M [Q3] → $39.8M (+$1.89M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for SPXN.
Financial journalist opinion
Negative
Seeking Alpha
1 month ago
SPXN: Why This Ex-Financials ETF Is Ineffective For Most Investors
ProShares S&P 500® ex-Financials ETF offers exposure to the S&P 500 Index, excluding Financials and Real Estate securities. Its expense ratio is 0.09% and the ETF has $58 million in assets. The strategy might be attractive to those looking to avoid a repeat of the Global Financial Crisis from 2007-2009. However, historical simulations suggest potential benefits would be negligible. The reason is because Financials and Real Estate comprise only about 17% of the S&P 500 Index today. Even with 20% underperformance, that equals just 3.4% in excess returns.
Neutral
Business Wire
1 year ago
ProShares Announces ETF Share Splits
BETHESDA, Md.--(BUSINESS WIRE)--ProShares announced forward and reverse share splits on eleven of its ETFs.
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