ProShares - S&P 500 Ex-Health Care ETF

Frequently Asked Questions About SPXV

What does SPXV invest in?

This fund and its underlying index aim to deliver investment exposure to companies featured in the S&P 500, with the notable exception of those classified within the Health Care Sector. Under typical market conditions, the fund commits a minimum of 80% of its total assets to the securities that make up this specific index.

What is the expense ratio of SPXV?

ProShares - S&P 500 Ex-Health Care ETF (SPXV) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPXV?

ProShares - S&P 500 Ex-Health Care ETF (SPXV) manages $39.4M 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 SPXV actively managed or an index fund?

SPXV 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 (SPXV's is 0.09%) because there's no security selection cost.

When was SPXV launched?

ProShares - S&P 500 Ex-Health Care ETF (SPXV) launched in September 2015 and is managed by ProShares.

How has SPXV performed?

SPXV'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.