USNZvsSPXEETF Comparison
ETF 1
USNZ
Xtrackers Net Zero Pathway Paris Aligned US Equity ETF
VS
Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) belongs to the segment. ProShares S&P 500 Ex-Energy ETF (SPXE) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Technology, Finance and Healthcare. USNZ is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.13% for SPXE. USNZ is up 12.59% year-to-date (YTD) with -$17M in YTD flows. SPXE performs worse with 11.7% YTD performance, and +$3M in YTD flows. Run a side-by-side ETF comparison of USNZ and SPXE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
USNZ vs SPXE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | USNZ SPXE | -0.55%-1.06% | +4.16%+3.43% | +12.59%+11.70% | +17.48%+16.50% | +74.53%+77.89% | n/a+79.67% |
| Flows | USNZ SPXE | -+$819K | -$159K+$2M | -$17M+$3M | -$16M+$5M | +$33M+$18M | -+$26M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USNZ SPXE | +13.24%+12.56% | +14.09%+13.45% | +15.42%+15.35% | n/a+17.33% |
| Max drawdown | USNZ SPXE | -3.74%-3.73% | -11.08%-10.13% | -19.00%-18.84% | n/a-26.44% |
| Max drawdown duration | USNZ SPXE | 16d19d | 76d92d | 126d126d | n/a711d |
Trading data
USNZ | SPXE | |
Last sale 9/11/2026 at 1:30 PM | $48.50 | $82.09 |
| Previous close 09/10/2026 | $48.06 | $81.37 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
USNZ | SPXE | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
USNZ | SPXE | |
|---|---|---|
| Last price | $48.50 | $82.09 |
| 1D performance | +0.90% | +0.88% |
| AuM | $298.02 M | $87.03 M |
| E/R | 0.1% | 0.13% |
Characteristics
USNZ | SPXE | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Xtrackers by DWS | ProShares |
| Benchmark | Solactive ISS ESG United States Net Zero Pathway Enhanced Index | S&P 500 Ex-Energy Index |
| N° of holdings | 500 | 476 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 28, 2022 | September 22, 2015 |
| ESG | Yes | No |
Advertisement
Exposure
Countries
USNZ
USA
97.23%
Other
2.77%
SPXE
USA
97.2%
Other
2.8%
Sectors
USNZ
Technology
52.42%
Finance
14.21%
Healthcare
11.89%
Consumer Non-Cycl.
7.69%
Other
13.78%
SPXE
Technology
45.93%
Finance
14.51%
Healthcare
9.32%
Consumer Non-Cycl.
9.21%
Industrials
8.33%
Other
12.69%
Advertisement
Diversification
USNZ
Total weight of top 15 holdings out of 15
50.15%
SPXE
Total weight of top 15 holdings out of 15
44.72%
Top 15 holdings
Data as of July 31, 2026
USNZ
Apple, Inc.
9.73%
NVIDIA Corp.
9.23%
Microsoft Corp.
5.72%
Amazon.com, Inc.
3.63%
Alphabet, Inc.
3.61%
Alphabet, Inc.
3.06%
Broadcom Inc.
2.94%
Meta Platforms, Inc.
2.29%
Eli Lilly & Co.
1.75%
Micron Technology, Inc.
1.66%
JPMorgan Chase & Co.
1.57%
Tesla, Inc.
1.49%
Advanced Micro Devices, Inc.
1.34%
Johnson & Johnson
1.14%
Visa, Inc.
1.01%
SPXE
Apple, Inc.
8.02%
NVIDIA Corp.
7.72%
Microsoft Corp.
4.69%
Amazon.com, Inc.
3.67%
Alphabet, Inc.
3.10%
Broadcom Inc.
2.94%
Alphabet, Inc.
2.50%
Meta Platforms, Inc.
2.12%
Micron Technology, Inc.
1.64%
JPMorgan Chase & Co.
1.55%
Eli Lilly & Co.
1.54%
Berkshire Hathaway, Inc.
1.48%
Tesla, Inc.
1.41%
Advanced Micro Devices, Inc.
1.31%
Johnson & Johnson
1.04%
Frequently asked questions about USNZ and SPXE
How have the USNZ and SPXE ETFs performed in 2026?
As of September 11, 2026, USNZ is up 12.59% year-to-date (YTD), while SPXE has returned 11.7%. That puts USNZ better performer ahead so far this year.
Which ETF is attracting more investor money: USNZ or SPXE?
Year-to-date, the USNZ ETF saw -$17M in flows, compared to +$3M for SPXE.
Which ETF is more volatile: USNZ or SPXE?
Over the past year, USNZ had a volatility of 14.09%, while SPXE experienced 13.45%.
Which ETF is bigger: USNZ or SPXE?
As of September 11, 2026, USNZ holds $298.02 M in assets under management (AUM), while SPXE manages $87.03 M.
What sectors do the USNZ and SPXE ETFs invest in?
USNZ leans toward sectors like Technology, Finance and Healthcare. Meanwhile, SPXE focuses on Technology, Finance and Healthcare.
What are the top holdings of the USNZ ETF and SPXE ETF?
USNZ top holdings include Apple, Inc., NVIDIA Corp. and Microsoft Corp.. SPXE holds in its top three: Apple, Inc., NVIDIA Corp. and Microsoft Corp..
Which ETF is more diversified: USNZ or SPXE?
USNZ holds 504 securities with 50.15% of its assets in the top 15. SPXE has 479 securities and a top 15 weight of 44.72%.
Advertisement
Advertisement
