ProShares S&P 500 Ex-Financials ETF (SPXN) belongs to the S&P 500 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPXN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPXN
SPXN charges 0.09% annually. There are 10 ETFs in the S&P 500 category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF | 0.02% | 160.81B | Nov 2005 | SPXN vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 869.20B | May 2000 | SPXN vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.70T | Sep 2010 | SPXN vs VOO | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 36.23B | Sep 2000 | SPXN vs SPYV | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 51.09B | Sep 2000 | SPXN vs SPYG |
Best Risk-Adjusted Alternatives to SPXN
SPXN has a PortfoliosLab risk / return rank of 71. There are 48 ETFs in the S&P 500 category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | SPXN vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 98 | — | Apr 2025 | SPXN vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 97 | 56.60M | May 2024 | SPXN vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - February | 96 | — | Jan 2025 | SPXN vs PMFB | |
| Calamos Laddered S&P 500 Structured Alt Protection... | 96 | — | Sep 2024 | SPXN vs CPSL |
Top Performing SPXN Alternatives (YTD)
SPXN is at 14.56% YTD. There are 35 ETFs in the S&P 500 category with higher YTD returns, going as high as 66.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 66.96% | 75.02M | Nov 2019 | SPXN vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 40.65% | 5.46B | Jan 2006 | SPXN vs RSPT | |
| Direxion Daily S&P 500 Bull 3X ETF | 33.32% | 6.60B | Nov 2008 | SPXN vs SPXL | |
| ProShares UltraPro S&P 500 | 32.97% | 5.15B | Jun 2009 | SPXN vs UPRO | |
| MAX S&P 500 4X Leveraged ETN | 32.17% | 148.89M | Dec 2023 | SPXN vs XXXX |
Lowest Volatility Alternatives to SPXN
SPXN has 13.98% 1-year volatility. There are 79 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.39% | 21.00M | Apr 2025 | SPXN vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.41% | — | Apr 2025 | SPXN vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.66% | 56.60M | May 2024 | SPXN vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Se... | 1.99% | 32.20M | Sep 2024 | SPXN vs CPST | |
| PGIM S&P 500 Max Buffer ETF - January | 2.00% | 4.58M | Dec 2024 | SPXN vs PMJA |
Lowest Drawdown Alternatives to SPXN
SPXN has a 1-year max drawdown of -9.26%. There are 68 ETFs in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | SPXN vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | SPXN vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - May | -0.60% | — | Apr 2025 | SPXN vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 26.40M | Jun 2025 | SPXN vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | SPXN vs PMJN |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 11 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 43 | 38.71% | 32.83B | Feb 2010 | SPXN vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 46 | 29.07% | 12.76B | Jun 2006 | SPXN vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -27.23% | 1.41B | Oct 2021 | SPXN vs BITO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 61 | 23.30% | 7.81B | Jun 2006 | SPXN vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 45 | 13.23% | 11.68B | Oct 2013 | SPXN vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 57 | 73.03% | 2.47B | Jan 2007 | SPXN vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -42.75% | 2.00B | Feb 2010 | SPXN vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 48 | 13.55% | 394.37M | Mar 2024 | SPXN vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -38.60% | 244.68M | Oct 2011 | SPXN vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -56.03% | 337.97M | Apr 2024 | SPXN vs BITU |
Often Compared With SPXN
Investors most often compare SPXN with SPY, SPXV, QQQ. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare SPXN with Any Fund or Stock
Compare SPXN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPXN with funds that move differently
ProShares S&P 500 Ex-Financials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPXN.
Explore SPXN Diversifiers