Rich HabitsPublished 2026-10-23
“SpaceX + Tesla Merger Confirmed, Anthropic's Leaked IPO Numbers, & Simeon Hyman (ProShares)”
$SPXTBullish
SPXT owns the S&P 500 excluding information technology, preserving other sectors; it can be used alone to eliminate tech exposure or combined with an S&P 500 or active managers to reduce, though not eliminate, tech exposure. SPXT and TDV offer materially better diversification than many other funds.
The first one is SPXT, which is an ETF that allows investors to own the S&P 500 while excluding the information technology sector as a whole.
Let's talk about SPXT for a moment. At the basic level, what exactly is the ProShares S&P 500X technology ETF? And why might an investor want to own the S&P 500 without the information technology sector?