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SPXE - AI Analysis
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ProShares S&P 500 Ex-Energy ETF (SPXE)
Rating:75Outperform
Price Target:
$82.00
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Nvidia, Microsoft, and Broadcom, have delivered strong year-to-date performance, driving the fund’s returns.
Low Expense Ratio
The ETF has a very low expense ratio, making it cost-effective compared to many other funds.
Technology Sector Leadership
With significant exposure to the technology sector, the ETF benefits from the strong performance of tech companies in the current market.
Negative Factors
High Concentration in Technology
Over 36% of the portfolio is allocated to technology, which increases risk if the sector faces a downturn.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, offering little exposure to international markets.
Mixed Performance Among Holdings
While some top holdings have performed well, others like Amazon and Apple have shown weaker year-to-date gains, potentially limiting overall growth.
SPXE vs. SPDR S&P 500 ETF (SPY)
AUM73.71M
RegionNorth America
Expense Ratio0.09%
Beta1.01
IssuerProShares
Inception DateSep 22, 2015
Dividend Yield0.97%
Asset ClassEquity
Index TrackedS&P 500 Ex-Energy
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,288
30 Day Avg. Volume1,201
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
83.85Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering482
SPXE Summary
The ProShares S&P 500 Ex-Energy ETF (SPXE) is an investment fund that tracks the S&P 500 index but excludes companies in the energy sector. This ETF focuses on large U.S. companies across industries like technology, healthcare, and finance. Some of its top holdings include well-known names like Apple and Nvidia. Investors might consider SPXE for diversification and to avoid the ups and downs of energy stocks, while still benefiting from the growth potential of major U.S. companies. However, since it excludes energy, its performance could differ from the broader S&P 500 index, especially if energy stocks perform well.
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
The SPXE ETF leans heavily into technology, with giants like Nvidia, Apple, and Microsoft driving its performance. Nvidia continues to rise on the back of AI momentum, while Apple and Microsoft remain steady contributors despite some valuation concerns. Broadcom is another standout, benefiting from strong demand for AI semiconductors. However, Amazon and Meta have been lagging recently, with mixed technical signals and challenges in their respective businesses. With a clear focus on U.S. large-cap stocks and a tech-heavy tilt, this fund is riding the wave of innovation but faces risks from sector concentration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.70% | $6.36M | $4.92T | 49.55% | 85 Outperform | |
| Apple | 7.06% | $5.17M | $4.01T | 21.29% | 80 Outperform | |
| Microsoft | 6.78% | $4.96M | $3.85T | 26.18% | 82 Outperform | |
| Amazon | 4.17% | $3.05M | $2.60T | 23.39% | 76 Outperform | |
| Broadcom | 3.06% | $2.24M | $1.75T | 118.82% | 76 Outperform | |
| Alphabet Class A | 2.88% | $2.11M | $3.40T | 64.16% | 80 Outperform | |
| Meta Platforms | 2.48% | $1.81M | $1.63T | 14.32% | 71 Outperform | |
| Alphabet Class C | 2.32% | $1.70M | $3.40T | 63.23% | 80 Outperform | |
| Tesla | 2.26% | $1.65M | $1.52T | 83.37% | 73 Outperform | |
| Berkshire Hathaway B | 1.54% | $1.13M | $1.03T | 5.62% | 69 Neutral |
SPXE Technical Analysis
Positive
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Price Trends
71.63
Positive
69.47
Positive
65.58
Positive
Market Momentum
0.70
Negative
61.70
Neutral
90.15
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 72.78, equal to the 50-day MA of 71.63, and equal to the 200-day MA of 65.58, indicating a bullish trend. The MACD of 0.70 indicates Negative momentum. The RSI at 61.70 is Neutral, neither overbought nor oversold. The STOCH value of 90.15 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
Performance Comparison
SPXE
ProShares S&P 500 Ex-Energy ETF
73.93
13.29
21.92%
ONEO
SPDR Russell 1000 Momentum Focus ETF
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BCUS
Bancreek U.S. Large Cap ETF
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UPSD
Aptus Large Cap Upside ETF
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HUSV
First Trust Horizon Managed Volatility Domestic ETF
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EGGY
NestYield Dynamic Income Shield ETF
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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.
Disclaimer
This 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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