ProShares S&P 500 Ex-Technology ETF (SPXT) focuses on Large Cap Blend segment

From Nasdaq: 2025-01-24 06:20:08

The ProShares S&P 500 Ex-Technology ETF (SPXT) aims to provide exposure to the Large Cap Blend segment of the US equity market. Sponsored by ProShares, the ETF has over $200.08 million in assets and a 0.09% expense ratio, with a 1.23% dividend yield.

Large Cap Blend companies have market capitalizations above $10 billion and offer a mix of growth and value stocks. SPXT has the heaviest allocation to the Financials sector and top holdings include Amazon.com Inc, Meta Platforms Inc-Class A, and Alphabet Inc-Cl A.

SPXT seeks to match the performance of the S&P 500 Ex-Information Technology & Telecommunication Services Index. With a return of 4.68% year-to-date and 24.85% in the last year, the ETF has a beta of 0.95 and a standard deviation of 15.10% over the past three years.

The ETF carries a Zacks ETF Rank of 3 (Hold) and is a good option for those seeking exposure to Large Cap Blend. Alternatives include the iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) with lower expense ratios but larger assets under management.

Passively managed ETFs like SPXT offer low costs, transparency, and tax efficiency, making them popular among investors. To learn more about this ETF and others, visit the Zacks ETF Center for news, analysis, and recommendations.



Read more at Nasdaq: Should ProShares S&P 500 Ex-Technology ETF (SPXT) Be on Your Investing Radar?