SPXNProShares S&P 500 Ex-Financials ETF
SPXN Fund Description
The ProShares S&P 500 Ex-Financials ETF tracks a market cap-weighted index of US large- and midcap stocks (the S&P 500), excluding firms in the financial and real estate sectors.
SPXN Factset Analytics Insight
SPXN launched in September 2015 as part of a suite of "ex-sector" funds from ProShares, which seek to represent the US large-cap space without exposure to a specific sector. At the time of launch, financials include real estate. Following the September 2016 GICS elevation of real estate to sector level, the fund’s underlying index changed its name to reflect the fact that its excludes both financials and real estate. The fund name did not change however. Put in other words, the fund effectively ignored the reclassification by not adding REITs and did not change its exposure. SPXN might be used either speculatively (you think the financials & real estate will underperform and want to avoid it while maintain broad exposure otherwise) or in a complementary fashion (you already have large positions or company stock in these sectors, and are looking to diversify). Trade carefully.
SPXN MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 17, 2018 the ProShares S&P 500 Ex-Financials ETF MSCI ESG Fund Quality Score is 5.47 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPXN ranks in the 82nd percentile within its peer group and in the 51st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
SPXN CHARTS AND PERFORMANCE
SPXN Top 10 Countries
SPXN Top 10 Sectors
SPXN Top 10 Holdings [View All]
SPXN Summary Data
SPXN Portfolio Data
SPXN Index Data
SPXN Portfolio Management
SPXN Tax Exposures
SPXN Fund Structure
SPXN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPXN. SPXN is rated a 4 out of 5.
SPXN Sector/Industry Breakdown
SPXN TOP 10 HOLDINGS[View All]
SPXN Economic Development
SPXN Performance Statistics
SPXN MSCI ESG Ratings
SPXN BENCHMARK COMPARISON SUMMARY
SPXN BENCHMARK COMPARISON MARKET CAP SIZE