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SPXE - ETF AI Analysis

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SPXE

ProShares S&P 500 Ex-Energy ETF (SPXE)

Rating:74Outperform
Price Target:
SPXE, the ProShares S&P 500 Ex-Energy ETF, earns a solid overall rating thanks to large positions in high-quality tech leaders like Microsoft, Apple, and Alphabet, which benefit from strong financial performance and long-term growth in cloud, AI, and services. The fund is somewhat held back by holdings such as Berkshire Hathaway and Tesla, where bearish technical signals, high valuations, or lack of dividends add some caution. The main risk is its heavy concentration in a handful of mega-cap technology and growth stocks, which can increase volatility if that sector falls out of favor.
Positive Factors
Low Expense Ratio
The fund charges relatively low fees, which helps investors keep more of their returns over time.
Broad Sector Diversification (Excluding Energy)
Holdings spread across many sectors like technology, financials, health care, and consumer companies help reduce the impact of weakness in any single industry.
Exposure to Major U.S. Growth Companies
The ETF holds many large, well-known U.S. companies in areas like technology and communication services, giving investors access to key drivers of the stock market.
Negative Factors
Recent Weak Performance
The fund has shown slightly negative results so far this year and over the past month, which may concern investors looking for near-term strength.
Heavy Tilt Toward Technology
A large portion of the portfolio is in technology stocks, which can increase risk if that sector experiences a downturn.
Several Top Holdings Are Lagging
Some of the largest positions, including major technology names, have shown weak performance this year, which can weigh on the ETF’s overall returns.

SPXE vs. SPDR S&P 500 ETF (SPY)

SPXE Summary

SPXE is an ETF that tracks the S&P 500 Ex-Energy index, meaning it invests in most of the largest U.S. companies but leaves out the energy sector. It holds many well-known names like Apple and Microsoft, with a big focus on technology, finance, and communication services. Someone might consider this ETF if they want broad U.S. stock market exposure and believe energy stocks are too volatile or not a good fit for their portfolio. A key risk is that it can still go up and down with the overall stock market and may lag if energy stocks perform very well.
How much will it cost me?The ProShares S&P 500 Ex-Energy ETF (SPXE) has an expense ratio of 0.09%, which means you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s passively managed, tracking an index rather than relying on active stock picking.
What would affect this ETF?The SPXE ETF, which excludes energy stocks, could benefit from strong performance in its largest sectors like technology and financials, especially if innovation and consumer demand drive growth in these areas. However, it may face challenges if interest rates rise, as this could negatively impact tech valuations and financial sector profitability. Additionally, the lack of exposure to energy stocks means the ETF might miss out on gains if energy prices surge due to geopolitical tensions or supply constraints.

SPXE Top 10 Holdings

SPXE is essentially a U.S. mega-cap tech and growth story with the energy sector stripped out, and lately its biggest stars have been losing some shine. Nvidia, Apple, and Microsoft sit at the top but have been lagging, so when they stumble, the whole fund feels it. Amazon and Meta are also in the red recently, adding to the drag rather than providing a lift. Alphabet is one of the steadier hands in this lineup, but overall the fund is heavily tied to U.S. Big Tech’s mood swings, for better or worse.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Nvidia8.29%$6.54M$4.83T98.72%
76
Outperform
Apple6.71%$5.29M$3.91T37.19%
79
Outperform
Microsoft5.31%$4.19M$3.05T14.96%
79
Outperform
Amazon4.14%$3.26M$2.67T45.16%
71
Outperform
Alphabet Class A3.37%$2.65M$4.06T126.04%
85
Outperform
Broadcom3.26%$2.57M$1.88T137.76%
76
Outperform
Alphabet Class C2.69%$2.12M$4.06T121.31%
82
Outperform
Meta Platforms2.55%$2.01M$1.70T37.30%
76
Outperform
Tesla1.91%$1.50M$1.47T65.98%
73
Outperform
Berkshire Hathaway B1.47%$1.16M$1.02T-8.42%
66
Neutral

SPXE Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
72.36
Positive
100DMA
73.12
Positive
200DMA
71.64
Positive
Market Momentum
MACD
1.03
Negative
RSI
73.14
Negative
STOCH
98.32
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPXE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 71.45, equal to the 50-day MA of 72.36, and equal to the 200-day MA of 71.64, indicating a bullish trend. The MACD of 1.03 indicates Negative momentum. The RSI at 73.14 is Negative, neither overbought nor oversold. The STOCH value of 98.32 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPXE.

SPXE Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$77.62M0.09%
74
Outperform
$99.25M0.30%
72
Outperform
$96.34M0.79%
71
Outperform
$95.75M0.60%
70
Outperform
$94.14M0.92%
62
Neutral
$93.55M0.45%
69
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SPXE
ProShares S&P 500 Ex-Energy ETF
76.50
21.68
39.55%
LVDS
JPMorgan Fundamental Data Science Large Value ETF
UPSD
Aptus Large Cap Upside ETF
ALTL
Pacer Lunt Large Cap Alternator ETF
EGGY
NestYield Dynamic Income Shield ETF
ACEP
ARS Core Equity Portfolio ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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