SPXEProShares S&P 500 Ex-Energy ETF
SPXE Fund Description
SPXE tracks a market-cap-weighted index of US large- and midcap stocks, excluding firms in the energy sector.
SPXE Factset Analytics Insight
SPXE 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 one sector — energy, in this case. The underlying index is a float-adjusted, market-cap-weighted index that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund will generally invests at least 80% of its total assets in the securities that make up the Index. SPXE might be used either speculatively (i.e. for avoidance of a sector likely to underperform) or in a complementary fashion (i.e. for diversification purposes).
SPXE MSCI ESG Analytics Insight
ProShares S&P 500 Ex-Energy ETF has an MSCI ESG Fund Rating of A based on a score of 6.22 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. ProShares S&P 500 Ex-Energy ETF ranks in the 46th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SPXE MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SPXE Summary Data
SPXE Portfolio Data
SPXE Index Data
SPXE Portfolio Management
SPXE Tax Exposures
SPXE Fund Structure
SPXE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPXE. SPXE is rated a 5 out of 5.
SPXE Sector/Industry Breakdown
SPXE Top 10 Holdings[View All]
SPXE Economic Development
SPXE Performance Statistics
SPXE MSCI ESG Ratings
SPXE Benchmark Comparison Summary
SPXE Benchmark Comparison Market Cap Size