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ProShares - S&P 500 Ex-Technology ETF
SPXTFinancial ServicesAMEXUS
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Launched on September 22, 2015, the ProShares S&P 500 Ex-Technology ETF (SPXT) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
ProShares S&P 500 Ex-Technology ETF is a passively managed ETF offering exposure to the S&P 500 without the GICS IT sector. With financials as the top allocation, SPXT is lighter in growth than IVV, with larger exposure to value and low volatility factors. Since September 2018, SPXT has underperformed IVV by almost 43%, delivering softer risk-adjusted returns as well.
Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the ProShares S&P 500 Ex-Technology ETF (SPXT), a passively managed exchange traded fund launched on September 22, 2015.
