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SPXE - ETF AI Analysis

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SPXE

ProShares S&P 500 Ex-Energy ETF (SPXE)

Rating:74Outperform
Price Target:
SPXE, the ProShares S&P 500 Ex-Energy ETF, has a solid overall rating driven mainly by large, high-quality tech leaders like Microsoft and Alphabet, whose strong financial performance and growth in cloud and AI support the fund’s quality. Other major holdings such as Apple and Nvidia further boost the rating with robust profitability and long-term AI and data center growth themes, though their high valuations and some mixed technical signals, along with similar concerns for names like Tesla and Amazon, introduce risk. The main risk factor is the fund’s heavy concentration in a handful of large technology and AI-focused companies, which can increase volatility if sentiment toward this sector shifts.
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the past month and year-to-date, indicating positive recent momentum.
Leading Growth Companies in Top Holdings
Several major technology and internet stocks in the top holdings have delivered strong performance, helping drive the fund’s returns.
Low Expense Ratio
The fund’s relatively low fee means more of the investment returns stay in investors’ pockets over time.
Negative Factors
Heavy Concentration in a Few Mega-Cap Stocks
A large share of the portfolio is tied up in a small number of big tech and growth names, which increases the impact if any of them stumble.
Sector Concentration in Technology
With a large tilt toward the technology sector, the ETF is more sensitive to downturns in tech-related stocks.
Mixed Performance Among Top Holdings
Some of the largest positions have shown weak or negative performance this year, which could weigh on future returns if the trend continues.

SPXE vs. SPDR S&P 500 ETF (SPY)

SPXE Summary

The ProShares S&P 500 Ex-Energy ETF (SPXE) tracks the S&P 500 Ex-Energy index, which means it owns most of the big U.S. companies in the S&P 500 but leaves out energy stocks like oil and gas producers. Its largest holdings include well-known names such as Apple and Microsoft, along with other major tech and consumer companies. Someone might invest in SPXE to get broad U.S. stock market exposure with a tilt away from the ups and downs of the energy sector. A key risk is that it can still rise or fall sharply with the overall stock market, especially technology stocks.
How much will it cost me?The ProShares S&P 500 Ex-Energy ETF (SPXE) has an expense ratio of 0.09%, which means you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s passively managed, tracking an index rather than relying on active stock picking.
What would affect this ETF?The SPXE ETF, which excludes energy stocks, could benefit from strong performance in its largest sectors like technology and financials, especially if innovation and consumer demand drive growth in these areas. However, it may face challenges if interest rates rise, as this could negatively impact tech valuations and financial sector profitability. Additionally, the lack of exposure to energy stocks means the ETF might miss out on gains if energy prices surge due to geopolitical tensions or supply constraints.

SPXE Top 10 Holdings

SPXE is essentially a U.S. mega-cap tech and growth story with the energy sector stripped out. Nvidia and Broadcom are doing much of the heavy lifting, riding the AI wave, while Micron has turned into a surprise engine of gains with its recent surge. Apple and Alphabet look steady to rising, helping keep the fund’s tech tilt in the spotlight. On the flip side, Microsoft, Meta, and Tesla have been losing a bit of steam, acting as mild brakes on performance rather than full-on anchors.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Nvidia7.52%$6.35M$4.71T22.22%
76
Outperform
Apple7.29%$6.15M$4.53T47.93%
79
Outperform
Microsoft4.56%$3.85M$2.90T-22.12%
79
Outperform
Amazon3.79%$3.20M$2.61T12.14%
71
Outperform
Alphabet Class A3.41%$2.88M$4.34T110.50%
85
Outperform
Broadcom2.81%$2.37M$1.71T36.42%
76
Outperform
Alphabet Class C2.74%$2.31M$4.34T105.51%
82
Outperform
Meta Platforms2.09%$1.77M$1.48T-14.58%
76
Outperform
Tesla1.88%$1.58M$1.48T40.95%
73
Outperform
Micron1.76%$1.48M$1.10T654.20%
79
Outperform

SPXE Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
79.58
Positive
100DMA
76.00
Positive
200DMA
74.48
Positive
Market Momentum
MACD
0.33
Negative
RSI
53.64
Neutral
STOCH
81.07
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPXE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 79.98, equal to the 50-day MA of 79.58, and equal to the 200-day MA of 74.48, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 53.64 is Neutral, neither overbought nor oversold. The STOCH value of 81.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPXE.

SPXE Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$83.80M0.09%
74
Outperform
$97.16M0.45%
69
Neutral
$96.55M0.80%
67
Neutral
$93.97M0.35%
73
Outperform
$92.27M0.93%
63
Neutral
$88.28M0.49%
71
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SPXE
ProShares S&P 500 Ex-Energy ETF
80.44
13.69
20.51%
ACEP
ARS Core Equity Portfolio ETF
FCUS
Pinnacle Focused Opportunities ETF
JOYT
JPMorgan Equity and Options Total Return ETF
EGGQ
NestYield Visionary ETF
JHDG
John Hancock Hedged Equity ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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