Symbols

SPXV

ProShares S&P 500 Ex-Health Care ETF·NYSE

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Key Stats

Assets Under Management

36.19MUSD

Fund Flows (1Y)

4.62MUSD

Dividend Yield

0.96%

Discount/Premium to NAV

-0.00%

Shares Outstanding

480.00K

Expense Ratio

0.09%

About ProShares S&P 500 Ex-Health Care ETF

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/strategic/spxv

Inception Date

Sep 22, 2015

Structure

Open-Ended Fund

Index Tracked

S&P 500 Ex-Health Care Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

SPXV launched in September 2015 as part of the "ex-sector" suite from ProShares, which seek to represent the US large-cap space without exposure to a specific sector. The fund starts with the S&P 500 index constituents. From this selection universe, companies are classified by sector according to GICS and those under health care are excluded from the portfolio. Selected securities are market-cap-weighted and rebalanced quarterly. SPXN might be used either speculatively when you want to bet on the underperformance of the health care sector, or complementary when you already have large positions in the health care industry, and are looking to diversify.