ProShares - Ultra MSCI Brazil Capped
DThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$43.08−1.56 (−3.48%)
- 5.11%
- $4M
- +118.7%
- 1.25%
- 0M sh
- $44.57
- low $21.11high $45.00
The ETF.net UBR Grade
D
Score 26 out of 100
- 90 of 99
Score 26 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Very small fund, grade capped at C.
The cap holds the Score at 40 or below, so B and A are out of reach.
- The pillars earned
- 27
- This cap took
- −0
- Published Score
- 26
Cost
The fund’s net expense ratio, ranked against its category.F4 out of 100Rank 95 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 56 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 64 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 43 of 99
Our read on UBR
DBrazil, doubled daily. UBR aims for twice the daily move of the MSCI Brazil 25/50 Index, a single-country swing in a cohort built mostly on US benchmarks, and it prices like the specialty tool it is at 5.11%.
UBR seeks daily results equal to two times the daily performance of the MSCI Brazil 25/50 Index, before fees and expenses.
Why people hold it
- Targets 2x the daily move of the MSCI Brazil 25/50 Index, putting a leveraged single-country view inside an ordinary brokerage ticket instead of futures or a margin setup.
- Running since 2010 with the same 2x daily objective, through more than a decade of Brazilian market swings.
- Plain plumbing: one published index, one stated multiple, a daily reset, quarterly distributions. No option overlay or manager discretion to decode.
Worth knowing
- The leverage resets daily. Hold longer and returns compound, so a multi-day result can differ from 2x the index move over that same stretch, most of all in choppy markets.
- Cost is the headline trade-off: 5.11% a year, while the cohort's leaders such as QLD and FAS sit under 1%.
- A small fund that trades thinly, so spreads and order size matter more here than in the leveraged cohort's household names, where it trails most peers on both counts.
UBR Holdings
- Stocks
- 1
- 100%
- Net Other Assets (Liabilities)
UBR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
UBR$21,871
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | UBR |
|---|---|
| Year to date | +71.6% |
| 1 month | +27.9% |
| 3 months | +40.6% |
| 1 year | +118.7% |
| 3 years | +26.4% |
| 5 years | +14.6% |
| 10 years | −2.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | UBR |
|---|---|---|
| 2026 YTD | +71.6% | |
| 2025 | +96.2% | |
| 2024 | −57.0% | |
| 2023 | +50.0% | |
| 2022 | +5.6% | |
| 2021 | −39.0% | |
| 2020 | −60.7% |
UBR in the news
UBR Dividends
- 1.25%
- $0.56
- $0.17 per share
- Quarterly
Distribution history
UBR Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 47.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.38
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −65.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.80
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UBR Cost
5.11%
UBR5.11%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
90 of the 95 Leveraged Long (2x & Other) funds charge less.
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