SPXE - ETF AI Analysis
Top Page
ProShares S&P 500 Ex-Energy ETF (SPXE)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Overall Recent Performance
The ETF has shown solid gains so far this year and over the last few months, indicating healthy recent momentum.
Leading Technology and Growth Companies
Top holdings like Nvidia, Apple, Amazon, Alphabet, Broadcom, and Micron have generally delivered strong or very strong performance, helping drive the fund’s returns.
Low Expense Ratio
The fund’s relatively low annual fee means more of the investment returns stay in investors’ pockets instead of going to costs.
Negative Factors
Heavy Concentration in a Few Tech Giants
A large portion of the portfolio is tied up in a small number of big technology names, which increases the impact if any of these companies stumble.
Mixed Performance Among Top Holdings
Some major positions like Microsoft, Meta, and Tesla have shown weak or negative performance recently, which can drag on the ETF’s results.
Limited Geographic Diversification
With almost all assets invested in U.S. companies, the fund offers little protection if the U.S. market faces broad challenges.
SPXE vs. SPDR S&P 500 ETF (SPY)
AUM87.32M
RegionNorth America
Expense Ratio0.09%
Beta1.02
IssuerProShares
Inception DateSep 22, 2015
Dividend Yield0.89%
Asset ClassEquity
Index TrackedS&P 500 Ex-Energy
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume783
30 Day Avg. Volume1,007
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
100.21Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering482
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPXE Summary
SPXE is an ETF that tracks the S&P 500 Ex-Energy index, meaning it invests in most of the largest U.S. companies but leaves out the energy sector. It holds many well-known names like Apple, Microsoft, Nvidia, Amazon, and Alphabet, with a big focus on technology and other major industries. Someone might invest in SPXE to get broad U.S. stock market exposure and potential long-term growth, while avoiding the ups and downs of energy stocks. A key risk is that it can still rise or fall with the overall stock market, and it is especially sensitive to big tech companies.
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 Big Tech and semiconductor story, with Nvidia, Apple, and Microsoft steering the ship. Nvidia and Apple have been rising steadily, giving the fund a strong growth engine, while Microsoft’s longer-term gains help offset its recent mixed stretch. Meta has surged lately, adding extra fuel on the tech side, and Micron’s powerful run in AI-related chips is another bright spot. On the flip side, Tesla is clearly lagging and acting as a drag. With all major holdings U.S.-based and no energy exposure, this ETF is tightly tied to the fortunes of America’s tech-heavy market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.54% | $7.50M | $5.53T | 25.18% | 76 Outperform | |
| Apple | 7.56% | $6.64M | $4.91T | 37.25% | 79 Outperform | |
| Microsoft | 6.11% | $5.37M | $3.97T | 4.72% | 79 Outperform | |
| Amazon | 3.96% | $3.48M | $2.83T | 21.29% | 71 Outperform | |
| Alphabet Class A | 3.17% | $2.79M | $4.28T | 48.65% | 85 Outperform | |
| Broadcom | 2.65% | $2.32M | $1.73T | 11.37% | 76 Outperform | |
| Alphabet Class C | 2.54% | $2.23M | $4.28T | 46.47% | 82 Outperform | |
| Meta Platforms | 2.44% | $2.14M | $1.83T | 1.90% | 76 Outperform | |
| Micron | 1.79% | $1.57M | $1.16T | 466.63% | 79 Outperform | |
| Tesla | 1.66% | $1.46M | $1.51T | -7.45% | 73 Outperform |
SPXE Technical Analysis
Positive
―
Price Trends
82.49
Positive
81.28
Positive
77.56
Positive
Market Momentum
0.39
Negative
58.24
Neutral
74.06
Neutral
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 82.62, equal to the 50-day MA of 82.49, and equal to the 200-day MA of 77.56, indicating a bullish trend. The MACD of 0.39 indicates Negative momentum. The RSI at 58.24 is Neutral, neither overbought nor oversold. The STOCH value of 74.06 is Neutral, 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
83.52
12.34
17.34%
FCUS
Pinnacle Focused Opportunities ETF
―
―
―
PRMR
PeakShares RMR Prime Equity ETF
―
―
―
EGGQ
NestYield Visionary ETF
―
―
―
ALTL
Pacer Lunt Large Cap Alternator ETF
―
―
―
QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price 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: ―
Table of Contents