SPXT vs. SPXC

Last updated Apr 1, 2026

Compare and contrast key facts about ProShares S&P 500 Ex-Technology ETF (SPXT) and SPX Corporation (SPXC).

SPXT is a passively managed fund by ProShares that tracks the performance of the S&P 500 Ex-Information Technology & Telecommunication Services Index. It was launched on Sep 22, 2015.

Performance

SPXT vs. SPXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Ex-Technology ETF (SPXT) and SPX Corporation (SPXC). The values are adjusted to include any dividend payments, if applicable.

SPXT vs. SPXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPXT ProShares S&P 500 Ex-Technology ETF	-2.11%	15.10%	19.93%	16.23%	-14.24%	26.36%	10.44%	26.88%	-7.06%	16.99%
SPXC SPX Corporation	-0.06%	37.48%	44.06%	53.86%	10.00%	9.42%	7.19%	81.65%	-10.77%	32.34%

Returns By Period

In the year-to-date period, SPXT achieves a -2.11% return, which is significantly lower than SPXC's -0.06% return. Over the past 10 years, SPXT has underperformed SPXC with an annualized return of 11.15%, while SPXC has yielded a comparatively higher 29.18% annualized return.

SPXT

• 1D: 2.14%
• 1M: -5.77%
• YTD: -2.11%
• 6M: 1.29%
• 1Y: 12.86%
• 3Y*: 15.27%
• 5Y*: 9.42%
• 10Y*: 11.15%

SPXC

• 1D: 4.84%
• 1M: -11.90%
• YTD: -0.06%
• 6M: 7.05%
• 1Y: 55.26%
• 3Y*: 41.49%
• 5Y*: 27.41%
• 10Y*: 29.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SPXT vs. SPXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPXT

SPXT Risk / Return Rank: 52
SPXT Sharpe Ratio Rank: 48
SPXT Sortino Ratio Rank: 49
SPXT Omega Ratio Rank: 51
SPXT Calmar Ratio Rank: 52
SPXT Martin Ratio Rank: 61

SPXC

SPXC Risk / Return Rank: 83
SPXC Sharpe Ratio Rank: 85
SPXC Sortino Ratio Rank: 83
SPXC Omega Ratio Rank: 80
SPXC Calmar Ratio Rank: 81
SPXC Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPXT vs. SPXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Ex-Technology ETF (SPXT) and SPX Corporation (SPXC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SPXT	SPXC	Difference
Sharpe ratio Return per unit of total volatility	0.82	1.51	-0.69
Sortino ratio Return per unit of downside risk	1.25	2.22	-0.97
Omega ratio Gain probability vs. loss probability	1.18	1.28	-0.10
Calmar ratio Return relative to maximum drawdown	1.23	2.35	-1.12
Martin ratio Return relative to average drawdown	5.69	7.50	-1.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPXT vs. SPXC - Sharpe Ratio Comparison

The current SPXT Sharpe Ratio is 0.82, which is lower than the SPXC Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of SPXT and SPXC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPXT	SPXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.51	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.80	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.78	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.23	+0.47

Correlation

The correlation between SPXT and SPXC is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SPXT vs. SPXC - Dividend Comparison

SPXT's dividend yield for the trailing twelve months is around 1.46%, while SPXC has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPXT ProShares S&P 500 Ex-Technology ETF	1.46%	1.38%	1.29%	1.53%	1.86%	1.15%	1.63%	1.63%	2.03%	1.55%	2.67%	0.56%
SPXC SPX Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	8.04%

Drawdowns

SPXT vs. SPXC - Drawdown Comparison

The maximum SPXT drawdown since its inception was -34.38%, smaller than the maximum SPXC drawdown of -93.77%. Use the drawdown chart below to compare losses from any high point for SPXT and SPXC.

Drawdown Indicators

	SPXT	SPXC	Difference
Max Drawdown Largest peak-to-trough decline	-34.38%	-93.77%	+59.39%
Max Drawdown (1Y) Largest decline over 1 year	-11.19%	-23.15%	+11.96%
Max Drawdown (5Y) Largest decline over 5 years	-21.47%	-38.32%	+16.85%
Max Drawdown (10Y) Largest decline over 10 years	-34.38%	-50.26%	+15.88%
Current Drawdown Current decline from peak	-5.77%	-17.73%	+11.96%
Average Drawdown Average peak-to-trough decline	-4.19%	-38.39%	+34.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	7.26%	-4.84%

Volatility

SPXT vs. SPXC - Volatility Comparison

The current volatility for ProShares S&P 500 Ex-Technology ETF (SPXT) is 4.28%, while SPX Corporation (SPXC) has a volatility of 14.43%. This indicates that SPXT experiences smaller price fluctuations and is considered to be less risky than SPXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPXT	SPXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	14.43%	-10.15%
Volatility (6M) Calculated over the trailing 6-month period	8.02%	27.27%	-19.25%
Volatility (1Y) Calculated over the trailing 1-year period	15.81%	36.80%	-20.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.72%	34.53%	-19.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.22%	37.33%	-21.11%