ProShares S&P 500 Ex-Health Care ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$108.01
- Net Assets:$0 Million
- NAV:$108.74
- Premium-0.67%
- Peer Rank:110 of 559
- Investment Rating:B+
- Performance:B+
- RiskC+
We rate ProShares S&P 500 Ex Health Care 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 Health Care has returned an annual rate of 14.57% since inception. More recently, the fund has generated a total return of 15.51% in the last five years, 11.88% in the last three years, and 31.14% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 94% of them. It has also outpaced 90% of its competitors on a three year basis and 91% of them over the last year for the period ending 2/29/2024. On a year to date basis, SPXV has returned 8.07%.
Downside risk has been below average. SPXV has a draw down risk of -26.10%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 19.0%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As SPXV is an exchange traded fund, it has no front end or back end load.
The ProShares S&P 500 Ex Health Care is managed by Michael Neches at ProShare Advisors LLC. This fund is one of 130 ProShare Advisors LLC exchange-traded funds launched since 6/19/2006 that we track.