ProShares S&P 500 Bond ETF

Frequently Asked Questions About SPXB

What does SPXB invest in?

The index consists exclusively of investment grade bonds issued by companies in the S&P 500. The fund invests in securities that ProShare Advisors believes should track the performance of the index. Under normal circumstances, it will invest at least 80% of its total assets in component securities of the index.

What is the expense ratio of SPXB?

ProShares S&P 500 Bond ETF (SPXB) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPXB?

ProShares S&P 500 Bond ETF (SPXB) manages $9.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SPXB actively managed or an index fund?

SPXB is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPXB's is 0.15%) because there's no security selection cost.

When was SPXB launched?

ProShares S&P 500 Bond ETF (SPXB) launched in May 2018 and is managed by ProShares.

How has SPXB performed?

SPXB's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.