SPXV Fees and Costs — ProShares S&P 500 Ex-Health Care ETF
Data updated: 2026-08-14
The net expense ratio is 0.09% (0.13% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $354 in broker commissions, 0.0010% of average net assets, and portfolio turnover was 4%.
SPXV Fees and Expenses
Annual operating expenses and sales charges of SPXV. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.13% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.13% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SPXV Costs Over Time
On $10,000 invested in SPXV, assuming 5% a year before costs, total costs come to $58 over 5 years, cutting the return by 0.10% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $10 | $32 | $58 |
| Value after costs | $10,490 | $11,545 | $12,705 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
SPXV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0010%
- Total broker commissions: $354
- Bought from dealers (principal trades, not a cost): $8.5M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $6K
- Net income from securities lending: $38 (0.000% of average net assets)
SPXV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $270 | 76.43% |
| BNP Paribas Securities Corp. | $82 | 23.11% |
| Virtu Americas LLC | $2 | 0.46% |
SPXV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $3.3M | 39.08% |
| BNP Paribas Securities Corp. | $2.6M | 30.78% |
| J.P. Morgan Securities LLC | $1.8M | 21.59% |
| Virtu Americas LLC | $717K | 8.42% |
| Susquehanna Financial Group, LLLP | $11K | 0.13% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.