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.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| RS Radon Stancil POM Investment Strategies LLC | 40 | $2,600.5 | $3,253.4 | $652.9 | 25.11% |
Michael Byun SageView Advisory Group LLC | 1,697 | $125,394 | $137,694.58 | $12,300.58 | 9.81% |
Christopher M. Marks Sterling Investment Counsel LLC | 4,409 | $318,105.56 | $357,746.26 | $39,640.7 | 12.46% |
Jill Grimes Centurion Wealth Management LLC | 3,237 | $219,446.5 | $263,491.8 | $44,045.3 | 20.07% |
| RJ Rebecca Judd Pathstone Holdings, LLC | 41,073 | $2.6M | $3.33M | $723,096.05 | 27.78% |
| ARCA Exchange | US Country |
The described fund is an investment vehicle that primarily focuses on replicating the performance of the S&P 500® Index, excluding companies from the Energy Sector. This selective approach allows investors to participate in the broad market performance of major U.S. equities while avoiding exposure to the energy sector. This strategy might appeal to investors looking for diversified exposure to large-cap U.S. stocks but wish to exclude energy companies due to environmental concerns, ethical considerations, or portfolio diversification strategies.
This investment product is designed to track the performance of the S&P 500® Index while omitting companies classified within the Energy Sector. By investing at least 80% of its total assets in the component securities of the S&P 500®, excluding those in the Energy Sector, the fund offers a unique proposition. It is suited for investors looking for exposure to large-cap U.S. equities minus the energy sector's volatility and ethical concerns. This setup aims to provide an investment solution that mirrors the broader market trends, minus the influence of energy sector performance.