---
ticker: "SAA"
name: "ProShares - Ultra SmallCap600"
url: "https://etf.net/etf/SAA"
grade: "C"
score: 43
graded_at: "2026-10-12"
category: "Leveraged Long (2x & Other)"
category_rank: "36 of 99"
methodology: "https://etf.net/methodology"
---

# SAA: ProShares - Ultra SmallCap600

Grade **C**, Score 43 of 100. Rank 36 of 99 in Leveraged Long (2x & Other).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 24 | 75 of 99 |
| Mission | Not scored | — |
| Risk | 65 | 23 of 96 |
| Tradability | 53 | 48 of 99 |
| Holdings | 80 | 3 of 23 |
| Durability | 67 | 21 of 99 |

## Top holdings

The fund holds 604 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Net Other Assets (Liabilities) | 22.05% |
| 2 | GKOS | Glaukos Corp | 0.45% |
| 3 | MTCH | Match Group Inc | 0.43% |
| 4 | PTGX | Protagonist Therapeutics Inc | 0.42% |
| 5 | VSAT | Viasat Inc | 0.42% |
| 6 | PAYC | Paycom Software Inc | 0.41% |
| 7 | SM | Sm Energy Co | 0.41% |
| 8 | RHP | Ryman Hospitality Properties | 0.38% |
| 9 | ESI | Element Solutions Inc | 0.38% |
| 10 | JXN | Jackson Financial Inc-A | 0.37% |
| 11 | RAL | Ralliant Corp | 0.36% |
| 12 | TGTX | Tg Therapeutics Inc | 0.36% |
| 13 | LTH | Life Time Group Holdings Inc | 0.35% |
| 14 | MXL | Maxlinear Inc | 0.34% |
| 15 | ACA | Arcosa Inc | 0.33% |
| 16 | TRNO | Terreno Realty Corp | 0.33% |
| 17 | KMX | Carmax Inc | 0.33% |
| 18 | EMN | Eastman Chemical Co | 0.32% |
| 19 | VSXY | Victoria's Secret & Co | 0.32% |
| 20 | FSS | Federal Signal Corp | 0.32% |
| 21 | LNC | Lincoln National Corp | 0.32% |
| 22 | MSGS | Madison Square Garden Sports | 0.31% |
| 23 | ZWS | Zurn Elkay Water Solutions C | 0.31% |
| 24 | LW | Lamb Weston Holdings Inc | 0.31% |
| 25 | AWI | Armstrong World Industries | 0.31% |
| 26 | PLXS | Plexus Corp | 0.31% |
| 27 | MATX | Matson Inc | 0.31% |
| 28 | ESE | Esco Technologies Inc | 0.31% |
| 29 | ALKS | Alkermes PLC | 0.31% |
| 30 | GTES | Gates Industrial Corp Ltd | 0.30% |

Source: etf.net, https://etf.net/etf/SAA. Please cite the page URL.