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Upturn AI SWOT - About
ProShares S&P 500® ex-Energy ETF (SPXE)
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Upturn Advisory Summary
04/01/2025: SPXE (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 9.29% | Avg. Invested days 51 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 2433 | Beta 1 | 52 Weeks Range 52.31 - 65.97 | Updated Date 04/2/2025 |
52 Weeks Range 52.31 - 65.97 | Updated Date 04/2/2025 |
Upturn AI SWOT
ProShares S&P 500® ex-Energy ETF
ETF Overview
Overview
The ProShares S&P 500 ex-Energy ETF (SPXE) provides exposure to the S&P 500 index while excluding companies in the energy sector. It aims to replicate the performance of the S&P 500 without the volatility and risks associated with energy stocks. The asset allocation focuses on large-cap U.S. equities across various sectors other than energy. The investment strategy is passive tracking of the S&P 500 ex-Energy index.
Reputation and Reliability
ProShares is a well-known and established ETF provider, known for its leveraged and inverse ETFs as well as sector-specific funds. They have a solid track record and are considered reliable.
Management Expertise
ProShares has a dedicated team of investment professionals with experience in managing various ETF strategies, including index-tracking and sector-focused funds.
Investment Objective
Goal
To seek investment results that correspond to the performance of the S&P 500 ex-Energy Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the S&P 500 ex-Energy Index.
Composition The ETF holds stocks from the S&P 500 index, excluding companies classified under the energy sector. Predominantly large-cap U.S. equities.
Market Position
Market Share: SPXE's market share is relatively small compared to broad-market ETFs but is significant within the ex-energy niche.
Total Net Assets (AUM): 132795608
Competitors
Key Competitors
- SPY
- IVV
- VOO
- XLE
Competitive Landscape
The ETF industry is highly competitive, with numerous providers offering similar broad-market and sector-specific ETFs. SPXE differentiates itself by offering a specific ex-energy exposure. SPXE might underperform broader market ETFs during periods of high energy sector performance but potentially outperform during energy downturns, providing targeted exposure, while ETFs such as SPY, IVV, and VOO provide broad market exposure.
Financial Performance
Historical Performance: Historical performance can be obtained from various financial data providers (e.g., Yahoo Finance, Bloomberg) for different time periods (e.g., 1 year, 3 years, 5 years, 10 years).
Benchmark Comparison: The ETF's performance should be compared to the S&P 500 index and the S&P 500 ex-Energy Index to assess its tracking effectiveness.
Expense Ratio: 0.09
Liquidity
Average Trading Volume
The ETF's liquidity, indicated by its average trading volume, allows for relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread of the ETF reflects its liquidity, with a tighter spread indicating lower transaction costs and higher liquidity.
Market Dynamics
Market Environment Factors
Economic indicators, sector growth prospects outside of energy, and overall market sentiment influence SPXE. The performance of the underlying S&P 500 companies excluding energy drives the ETF's value.
Growth Trajectory
Growth trends in SPXE depend on the performance of the S&P 500 companies, excluding energy. Changes in index methodology and investor demand for ex-energy exposure can also impact its growth.
Moat and Competitive Advantages
Competitive Edge
SPXE's competitive advantage lies in its targeted exposure to the S&P 500 without energy stocks. This can be beneficial for investors seeking to reduce their exposure to the energy sector or capitalize on the growth potential of other sectors. It allows investors to tailor their portfolio construction. SPXE offers a streamlined way to implement this specific investment view.
Risk Analysis
Volatility
Volatility can be measured by standard deviation of returns. Past volatility does not guarantee future volatility.
Market Risk
The primary risk is market risk associated with the S&P 500. Sector-specific risks related to sectors within the S&P 500 other than energy influence the ETF's performance.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the S&P 500 without exposure to the energy sector, or those who are bearish on the energy sector, are ideal investors. Investors who want to customize their asset allocation by excluding energy stocks may find this ETF attractive.
Market Risk
SPXE is suitable for both long-term investors and active traders who have a specific view on the energy sector. Also suitable for passive index followers with targeted investment approach.
Summary
The ProShares S&P 500 ex-Energy ETF (SPXE) offers a targeted investment strategy, providing exposure to the S&P 500 while excluding energy companies. It caters to investors seeking to customize their portfolio by mitigating energy sector risk or capitalizing on other sectors' growth. This strategy could lead to differing performance compared to the broader S&P 500, influenced by energy sector trends and market conditions. While SPXE provides unique sector-specific exposure, its overall performance is still tied to the broader stock market.
Similar Companies
IVV
iShares Core S&P 500 ETF
IVV
iShares Core S&P 500 ETF
IYC
iShares US Consumer Discretionary ETF
IYC
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SPY
SPDR S&P 500 ETF Trust
SPY
SPDR S&P 500 ETF Trust
VOO
Vanguard S&P 500 ETF
VOO
Vanguard S&P 500 ETF
XLB
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XLB
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XLC
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XLI
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XLI
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Sources and Disclaimers
Data Sources:
- ProShares official website
- Yahoo Finance
- Bloomberg
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results. Market share data may not be precise due to reporting lags.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares S&P 500® ex-Energy ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal circumstances, the fund will invest at least 80% of its total assets in component securities. The index and fund seek to provide exposure to the companies of the S&P 500® Index (the S&P 500®) with the exception of those companies included in the Energy Sector. It is non-diversified.
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