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ProShares S&P 500 ex-Energy ETF
SPXE (ProShares S&P 500 ex-Energy ETF) is an index Energy Equity ETF by ProShares. With a 0.09% MER, it provides diversified exposure through 10 holdings. Quarterly distribution with a 0.99% yield.
SPXE by ProShares is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.09% MER makes it one of the most cost-effective options in its category.
This sector ETF works well as a satellite position to overweight a specific sector within an already diversified portfolio.