- ISIN
- US74347B5571
- CUSIP
- 74347B557
- Issuer
- ProShares
- Inception Date
- Sep 22, 2015
- Region
- North America (U.S.)
- Category
- S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Ex-Information Technology Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $268M
Share Price Chart
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Performance
SPXT Performance Chart
ProShares S&P 500 Ex-Technology ETF (SPXT) is up 3.5% since the beginning of the year. SPXT is currently trading at $107 per share. Investors who bought $1,000 worth of SPXT shares 5 years ago would now be looking at an investment worth $1,571.
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Returns By Period
ProShares S&P 500 Ex-Technology ETF (SPXT) has returned 3.53% so far this year and 16.56% over the past 12 months. Over the last ten years, SPXT has returned 11.61% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
ProShares S&P 500 Ex-Technology ETF
- 1D
- -0.56%
- 1M
- -1.26%
- YTD
- 3.53%
- 6M
- 2.99%
- 1Y
- 16.56%
- 3Y*
- 16.02%
- 5Y*
- 9.46%
- 10Y*
- 11.61%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SPXT Monthly Returns History
Based on dividend-adjusted daily data since Sep 24, 2015, SPXT's average daily return is +0.05%, while the average monthly return is +1.00%. At this rate, an investment would double in approximately 5.8 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +12.5%, while the worst month was Mar 2020 at -12.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPXT closed higher 44% of trading days. The best single day was Mar 24, 2020 with a return of +8.4%, while the worst single day was Mar 16, 2020 at -10.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.77% | 1.09% | -5.77% | 6.37% | 0.25% | -0.83% | 3.53% | ||||||
| 2025 | 5.56% | -1.37% | -4.12% | -1.61% | 4.25% | 2.93% | 0.67% | 2.65% | 2.13% | 0.37% | 2.69% | 0.38% | 15.10% |
| 2024 | 0.79% | 4.91% | 3.72% | -3.49% | 2.65% | 1.12% | 2.83% | 2.90% | 1.96% | -0.75% | 6.32% | -4.11% | 19.93% |
| 2023 | 5.17% | -3.24% | 0.78% | 1.90% | -2.53% | 6.62% | 3.19% | -1.53% | -3.94% | -2.91% | 7.63% | 4.92% | 16.23% |
| 2022 | -4.76% | -2.25% | 4.15% | -8.03% | 0.67% | -8.05% | 7.83% | -3.13% | -8.26% | 8.17% | 5.12% | -4.65% | -14.24% |
| 2021 | -0.75% | 3.33% | 5.19% | 5.18% | 1.31% | 0.68% | 1.69% | 2.85% | -4.14% | 6.44% | -2.64% | 5.10% | 26.36% |
Benchmark Metrics
ProShares S&P 500 Ex-Technology ETF has an annualized alpha of 1.48%, beta of 0.76, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since September 24, 2015.
- This ETF participated in 93.11% of S&P 500 Index downside but only 87.63% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.48%
- Beta
- 0.76
- R²
- 0.73
- Upside Capture
- 87.63%
- Downside Capture
- 93.11%
Expense Ratio
SPXT has an expense ratio of 0.09%, which is considered low.
Return for Risk
Risk / Return Rank
SPXT ranks 47 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares S&P 500 Ex-Technology ETF (SPXT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPXT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.37 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.78 | -0.68 |
| Martin ratioReturn relative to average drawdown | 9.07 | 12.44 | -3.37 |
Dividends
Dividend History
ProShares S&P 500 Ex-Technology ETF provided a 1.38% dividend yield over the last twelve months, with an annual payout of $1.48 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.48 | $1.43 | $1.18 | $1.18 | $1.26 | $0.92 | $1.05 | $0.97 | $0.97 | $0.81 | $1.21 | $0.23 |
Dividend yield | 1.38% | 1.38% | 1.29% | 1.53% | 1.86% | 1.15% | 1.63% | 1.63% | 2.03% | 1.55% | 2.67% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares S&P 500 Ex-Technology ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.00 | $0.37 | ||||||
| 2025 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.40 | $1.43 |
| 2024 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.26 | $1.18 |
| 2023 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.42 | $1.18 |
| 2022 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.37 | $1.26 |
| 2021 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.92 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares S&P 500 Ex-Technology ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares S&P 500 Ex-Technology ETF was 34.38%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.
The current ProShares S&P 500 Ex-Technology ETF drawdown is 1.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -34.38%Mar 2020 | 1mo 2d | 5mo 13d | 6mo 15dFeb 2020 - Sep 2020 |
Bear market2022 | -21.47%Sep 2022 | 8mo 28d | 1y 3mo | 2y 21dJan 2022 - Jan 2024 |
Rate-hike selloffLate 2018 | -18.68%Dec 2018 | 3mo | 5mo 28d | 8mo 28dSep 2018 - Jun 2019 |
2025 selloff2025 | -15.58%Apr 2025 | 2mo 7d | 2mo 26d | 5mo 3dJan 2025 - Jul 2025 |
2016 correction2016 | -10.46%Feb 2016 | 1mo 11d | 2mo 9d | 3mo 20dDec 2015 - Apr 2016 |
Drawdown Indicators
| SPXT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.38% | -56.78% | +22.40% |
Max Drawdown (1Y)Largest decline over 1 year | -7.90% | -9.10% | +1.20% |
Max Drawdown (3Y)Largest decline over 3 years | -15.58% | -18.90% | +3.32% |
Max Drawdown (5Y)Largest decline over 5 years | -21.47% | -25.43% | +3.96% |
Max Drawdown (10Y)Largest decline over 10 years | -34.38% | -33.92% | -0.46% |
Current DrawdownCurrent decline from peak | -1.96% | -1.80% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -10.71% | +6.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 2.03% | -0.20% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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