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SPXNvsAAEQETF Comparison

ETF 1

SPXN

ProShares S&P 500 Ex-Financials ETF

This fund is part of

US Large Cap

+0.54%

Full SPXN fund page

VS

ETF 2

AAEQ

Alpha Architect US Equity 2 ETF

This fund is part of

US All Cap

+0.5%

Full AAEQ fund page

ProShares S&P 500 Ex-Financials ETF (SPXN) belongs to the US Large Cap segment. Alpha Architect US Equity 2 ETF (AAEQ) is part of the US All Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. SPXN is more expensive with a Total Expense Ratio (TER) of 0.13%, versus 0.09% for AAEQ. SPXN is up 10.74% year-to-date (YTD) with -$730K in YTD flows. AAEQ performs worse with 6.94% YTD performance, and -$13M in YTD flows. Run a side-by-side ETF comparison of SPXN and AAEQ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SPXN vs AAEQ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SPXN AAEQ	+0.12%+0.16%	+12.00%+10.73%	+10.74%+6.94%	+27.60%n/a	+80.14%n/a	+93.34%n/a
Flows	SPXN AAEQ	-+$172K	-$730K-$6M	-$730K-$13M	-$244K-	+$4M-	+$34M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SPXN AAEQ	+16.57%+15.03%	+13.13%n/a	+15.64%n/a	+17.44%n/a
Max drawdown	SPXN AAEQ	-6.03%-5.52%	-9.16%n/a	-19.44%n/a	-24.54%n/a
Max drawdown duration	SPXN AAEQ	21d21d	75dn/a	126dn/a	708dn/a

Trading data

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	SPXN	AAEQ
Last sale 6/15/2026 at 1:30 PM	$83.00	$53.56
Previous close 06/12/2026	$81.59	$52.72
Consolidated volume 06/12/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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AAEQ

is actively managed and doesn’t replicate an index

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	SPXN	AAEQ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/15/2026 at 1:30 PM

Live

Closed

	SPXN	AAEQ
Last price	$83.00	$53.56
1D performance	+1.73%	+1.59%
AuM	$76.72 M	$492.82 M
E/R	0.13%	0.09%

Characteristics

	SPXN	AAEQ
Management strategy	Passive	Active
Provider	ProShares	Alpha Architect
Benchmark	S&P 500 Ex-Financials Index	-
N° of holdings	373	338
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	September 22, 2015	December 10, 2025
ESG	No	No

More SPXN data on Trackinsight

More AAEQ data on Trackinsight

Exposure

Countries

SPXN

USA

96.99%

Other

3.01%

AAEQ

USA

97.14%

Other

2.86%

Sectors

SPXN

Information Techn.

40.03%

Communication Ser.

12.25%

Consumer Discreti.

11.82%

Health Care

9.65%

Industrials

9.26%

Other

16.99%

AAEQ

Information Techn.

37.3%

Communication Ser.

11.11%

Consumer Discreti.

10.41%

Financials

9.66%

Health Care

8.36%

Industrials

7.76%

Other

15.4%

Diversification

SPXN

Total weight of top 15 holdings out of 15

50.03%

AAEQ

Total weight of top 15 holdings out of 15

47.79%

Top 15 holdings

Data as of April 30, 2026

SPXN

NVIDIA

9.56%

APPLE

7.52%

MICROSOFT-T

5.96%

AMAZON.COM INC

4.87%

ALPHABET INC-CL

3.79%

BROADCOM LIMITED

3.79%

ALPHABET INC-CL

3.02%

META PLATFORMS

2.79%

TESLA

2.00%

LILLY

1.32%

EXXON

1.18%

WALMART INC

1.08%

ADVANCED MICRO DEVICES

1.07%

MICRON TECHNOLOGY

1.06%

JOHNSON&JOHNSON

1.04%

AAEQ

NVIDIA

8.53%

APPLE

7.38%

MICROSOFT-T

5.91%

AMAZON.COM INC

4.18%

ALPHABET INC-CL

3.78%

BROADCOM LIMITED

3.22%

ALPHABET INC-CL

3.00%

META PLATFORMS

2.40%

TESLA

1.73%

BERKSHIRE HATHWAY

1.62%

JPMORGAN CHASE

1.55%

LILLY

1.28%

EXXON

1.16%

WALMART INC

1.05%

JOHNSON&JOHNSON

1.00%

Frequently asked questions about SPXN and AAEQ

How have the SPXN and AAEQ ETFs performed in 2026?

As of June 12, 2026, SPXN is up 10.74% year-to-date (YTD), while AAEQ has returned 6.94%. That puts SPXN better performer ahead so far this year.

Which ETF is attracting more investor money: SPXN or AAEQ?

Year-to-date, the SPXN ETF saw -$730K in flows, compared to -$13M for AAEQ.

Which ETF is bigger: SPXN or AAEQ?

As of June 12, 2026, SPXN holds $76.72 M in assets under management (AUM), while AAEQ manages $492.82 M.

What sectors do the SPXN and AAEQ ETFs invest in?

SPXN leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, AAEQ focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the SPXN ETF and AAEQ ETF?

SPXN top holdings include NVIDIA, APPLE and MICROSOFT-T. AAEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: SPXN or AAEQ?

SPXN holds 396 securities with 50.03% of its assets in the top 15. AAEQ has 353 securities and a top 15 weight of 47.79%.

Simeon Hyman on the ProShares S&P 500 Ex-Financials ETF (SPXN)

May 15, 2023

SPXN

SPXNvsAAEQETF Comparison

ProShares S&P 500 Ex-Financials ETF

Alpha Architect US Equity 2 ETF

SPXN vs AAEQ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SPXN and AAEQ ETFs performed in 2026?

As of June 12, 2026, SPXN is up 10.74% year-to-date (YTD), while AAEQ has returned 6.94%. That puts SPXN better performer ahead so far this year.

Which ETF is attracting more investor money: SPXN or AAEQ?

Year-to-date, the SPXN ETF saw -$730K in flows, compared to -$13M for AAEQ.

Which ETF is bigger: SPXN or AAEQ?

As of June 12, 2026, SPXN holds $76.72 M in assets under management (AUM), while AAEQ manages $492.82 M.

What sectors do the SPXN and AAEQ ETFs invest in?

SPXN leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, AAEQ focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the SPXN ETF and AAEQ ETF?

SPXN top holdings include NVIDIA, APPLE and MICROSOFT-T. AAEQ holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: SPXN or AAEQ?

SPXN holds 396 securities with 50.03% of its assets in the top 15. AAEQ has 353 securities and a top 15 weight of 47.79%.

Simeon Hyman on the ProShares S&P 500 Ex-Financials ETF (SPXN)

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