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SPXV vs. SPXT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPXV and SPXT is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

SPXV vs. SPXT - Performance Comparison

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

120.00%140.00%160.00%180.00%200.00%220.00%240.00%260.00%NovemberDecember2025FebruaryMarchApril
222.10%
144.13%
SPXV
SPXT

Key characteristics

Sharpe Ratio

SPXV:

0.57

SPXT:

0.57

Sortino Ratio

SPXV:

0.93

SPXT:

0.89

Omega Ratio

SPXV:

1.14

SPXT:

1.13

Calmar Ratio

SPXV:

0.60

SPXT:

0.59

Martin Ratio

SPXV:

2.41

SPXT:

2.54

Ulcer Index

SPXV:

4.92%

SPXT:

3.63%

Daily Std Dev

SPXV:

20.80%

SPXT:

16.30%

Max Drawdown

SPXV:

-34.34%

SPXT:

-34.38%

Current Drawdown

SPXV:

-10.36%

SPXT:

-8.24%

Returns By Period

In the year-to-date period, SPXV achieves a -6.40% return, which is significantly lower than SPXT's -2.77% return.


SPXV

YTD

-6.40%

1M

-3.04%

6M

-3.99%

1Y

12.25%

5Y*

17.20%

10Y*

N/A

SPXT

YTD

-2.77%

1M

-3.72%

6M

-1.45%

1Y

9.92%

5Y*

13.65%

10Y*

N/A

*Annualized

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SPXV vs. SPXT - Expense Ratio Comparison

Both SPXV and SPXT have an expense ratio of 0.27%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Expense ratio chart for SPXV: current value is 0.27%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPXV: 0.27%
Expense ratio chart for SPXT: current value is 0.27%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPXT: 0.27%

Risk-Adjusted Performance

SPXV vs. SPXT — Risk-Adjusted Performance Rank

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

SPXV
The Risk-Adjusted Performance Rank of SPXV is 6565
Overall Rank
The Sharpe Ratio Rank of SPXV is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of SPXV is 6363
Sortino Ratio Rank
The Omega Ratio Rank of SPXV is 6565
Omega Ratio Rank
The Calmar Ratio Rank of SPXV is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SPXV is 6666
Martin Ratio Rank

SPXT
The Risk-Adjusted Performance Rank of SPXT is 6464
Overall Rank
The Sharpe Ratio Rank of SPXT is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of SPXT is 6060
Sortino Ratio Rank
The Omega Ratio Rank of SPXT is 6363
Omega Ratio Rank
The Calmar Ratio Rank of SPXT is 6767
Calmar Ratio Rank
The Martin Ratio Rank of SPXT is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SPXV vs. SPXT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Ex-Health Care ETF (SPXV) and ProShares S&P 500 Ex-Technology ETF (SPXT). 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.


The chart of Sharpe ratio for SPXV, currently valued at 0.57, compared to the broader market-1.000.001.002.003.004.00
SPXV: 0.57
SPXT: 0.57
The chart of Sortino ratio for SPXV, currently valued at 0.93, compared to the broader market-2.000.002.004.006.008.00
SPXV: 0.93
SPXT: 0.89
The chart of Omega ratio for SPXV, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
SPXV: 1.14
SPXT: 1.13
The chart of Calmar ratio for SPXV, currently valued at 0.60, compared to the broader market0.002.004.006.008.0010.0012.00
SPXV: 0.60
SPXT: 0.59
The chart of Martin ratio for SPXV, currently valued at 2.41, compared to the broader market0.0020.0040.0060.00
SPXV: 2.41
SPXT: 2.54

The current SPXV Sharpe Ratio is 0.57, which is comparable to the SPXT Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of SPXV and SPXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.57
0.57
SPXV
SPXT

Dividends

SPXV vs. SPXT - Dividend Comparison

SPXV's dividend yield for the trailing twelve months is around 1.23%, less than SPXT's 1.41% yield.


TTM2024202320222021202020192018201720162015
SPXV
ProShares S&P 500 Ex-Health Care ETF
1.23%1.12%1.27%1.67%1.40%1.45%1.58%1.90%1.56%3.08%0.00%
SPXT
ProShares S&P 500 Ex-Technology ETF
1.41%1.29%1.53%1.86%1.15%1.64%1.63%2.03%1.55%2.35%0.56%

Drawdowns

SPXV vs. SPXT - Drawdown Comparison

The maximum SPXV drawdown since its inception was -34.34%, roughly equal to the maximum SPXT drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for SPXV and SPXT. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-10.36%
-8.24%
SPXV
SPXT

Volatility

SPXV vs. SPXT - Volatility Comparison

ProShares S&P 500 Ex-Health Care ETF (SPXV) has a higher volatility of 15.07% compared to ProShares S&P 500 Ex-Technology ETF (SPXT) at 12.16%. This indicates that SPXV's price experiences larger fluctuations and is considered to be riskier than SPXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.07%
12.16%
SPXV
SPXT