The ProShares S&P 500 Ex-Technology ETF (SPXT), launched on September 22, 2015, aims to provide broad exposure to the Large Cap Blend segment of the U.S. equity market. It currently has assets over $207.08 million.
The ETF has a low annual operating expense of 0.09% and a 12-month trailing dividend yield of 1.28%. Key holdings include Amazon.com Inc (5.88%), with a heavy allocation to Financials (20.90%) and a total of 435 holdings to diversify risk. SPXT has gained approximately 5.38% year-to-date and 14.99% over the past year, trading between $81.62 and $97.02 in the last 52 weeks.
SPXT is rated 2 (Buy) by Zacks based on expected returns, expenses, and momentum. For comparison, the SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO) have assets of $636.24 billion and $687.64 billion, respectively, with similar expense ratios.
