ProShares S&P 500 Ex-Energy ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$109.40
- Net Assets:$0 Million
- NAV:$110.11
- Premium-0.64%
- Peer Rank:119 of 559
- Investment Rating:B+
- Performance:B+
- RiskC+
We rate ProShares S&P 500 Ex Energy ETF at B+. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks very high in comparison with peers over the last three years. The ProShares S&P 500 Ex Energy ETF has returned an annual rate of 14.41% since inception. More recently, the fund has generated a total return of 15.27% in the last five years, 11.28% in the last three years, and 30.27% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 93% of them. It has also outpaced 88% of its competitors on a three year basis and 90% of them over the last year for the period ending 2/29/2024. On a year to date basis, SPXE has returned 8.19%.
Downside risk has been below average. SPXE has a draw down risk of -26.23%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 18.1%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As SPXE is an exchange traded fund, it has no front end or back end load.
The ProShares S&P 500 Ex Energy ETF is managed by Devin Sullivan at ProShare Advisors LLC. This fund is one of 130 ProShare Advisors LLC exchange-traded funds launched since 6/19/2006 that we track.