ProShares S&P 500 Ex-Health Care ETF (SPXV) 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 SPXV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPXV
SPXV 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% | 148.87B | Nov 2005 | SPXV vs SPYM | |
| iShares Core S&P 500 ETF | 0.03% | 837.93B | May 2000 | SPXV vs IVV | |
| Vanguard S&P 500 ETF | 0.03% | 1.70T | Sep 2010 | SPXV vs VOO | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | SPXV vs SPYG | |
| SPDR Portfolio S&P 500 Value ETF | 0.04% | 35.07B | Sep 2000 | SPXV vs SPYV |
Best Risk-Adjusted Alternatives to SPXV
SPXV has a PortfoliosLab risk / return rank of 57. There are 53 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 | 19.60M | Apr 2025 | SPXV vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 97 | — | Apr 2025 | SPXV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 96 | 56.30M | May 2024 | SPXV vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - February | 95 | — | Jan 2025 | SPXV vs PMFB | |
| Calamos S&P 500 Structured Alt Protection ETF - Se... | 94 | 32.00M | Sep 2024 | SPXV vs CPST |
Top Performing SPXV Alternatives (YTD)
SPXV is at 8.39% YTD. There are 41 ETFs in the S&P 500 category with higher YTD returns, going as high as 85.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 High Beta Bull 3X Shares | 85.77% | 98.97M | Nov 2019 | SPXV vs HIBL | |
| Invesco S&P 500 Equal Weight Technology ETF | 37.10% | 6.46B | Jan 2006 | SPXV vs RSPT | |
| Invesco S&P 500 Pure Growth ETF | 30.55% | 2.27B | Mar 2006 | SPXV vs RPG | |
| Invesco S&P 500® High Beta ETF | 29.51% | 1.08B | May 2011 | SPXV vs SPHB | |
| Invesco S&P 500 Momentum ETF | 29.45% | 21.99B | Oct 2015 | SPXV vs SPMO |
Lowest Volatility Alternatives to SPXV
SPXV has 13.33% 1-year volatility. There are 76 ETFs in the S&P 500 category with lower 1-year volatility, going as low as 1.29%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - May | 1.29% | — | Apr 2025 | SPXV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.35% | 19.60M | Apr 2025 | SPXV vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | 1.65% | 56.30M | May 2024 | SPXV vs CPSM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | 1.89% | 22.10M | Jun 2025 | SPXV vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | 1.92% | — | May 2025 | SPXV vs PMJN |
Lowest Drawdown Alternatives to SPXV
SPXV has a 1-year max drawdown of -9.15%. There are 60 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% | 19.60M | Apr 2025 | SPXV vs CPSP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | SPXV vs CPSM | |
| PGIM S&P 500 Max Buffer ETF - May | -0.60% | — | Apr 2025 | SPXV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ju... | -1.03% | 22.10M | Jun 2025 | SPXV vs CPSU | |
| PGIM S&P 500 Max Buffer ETF - June | -1.15% | — | May 2025 | SPXV vs PMJN |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 51 | 39.27% | 39.74B | Feb 2010 | SPXV vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -32.58% | 1.42B | Oct 2021 | SPXV vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 28.38% | 14.59B | Jun 2006 | SPXV vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 47 | 16.62% | 5.36B | Jun 2009 | SPXV vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 50 | 12.57% | 8.02B | Jun 2006 | SPXV vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 6.93% | 11.27B | Oct 2013 | SPXV vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 82 | 83.22% | 3.28B | Jan 2007 | SPXV vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.47% | 1.83B | Feb 2010 | SPXV vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -23.04% | 265.17M | Oct 2011 | SPXV vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 1 | -61.44% | 340.85M | Apr 2024 | SPXV vs BITU |
Often Compared With SPXV
Investors most often compare SPXV with SPXT, SPXN, SPXE. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare SPXV with Any Fund or Stock
Compare SPXV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPXV with funds that move differently
ProShares S&P 500 Ex-Health Care ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPXV.
Explore SPXV Diversifiers