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The ProShares S&P 500® ex-Energy ETF invests in S&P 500 companies, excluding those in the GICS energy sector. The energy sector has outperformed the S&P 500 over 25 years, but it is very volatile and sensitive to geopolitics. SPXE has slightly outperformed SPY since its inception in 2015, but strategic reasons are stronger investment theses.
BETHESDA, Md.--(BUSINESS WIRE)--ProShares announced forward and reverse share splits on eleven of its ETFs.
Beyond launches, the week featured new closures and changes to several existing funds.
SPACs are securities through which investors can aggregate their money in blank-check funds that sit and wait to identify target companies to purchase and take public. Both SPAC indexes exhibited more volatility than all the other major indexes.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.