ProShares - Ultra Consumer Discretionary
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.
$42.84+0.08 (+0.20%)
- 1.63%
- $8M
- −11.2%
- 1.45%
- 0M sh
- $42.76
- low $39.96high $56.96
The ETF.net UCC Grade
D
Score 34 out of 100
- 78 of 99
Score 34 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.
Cost
The fund’s net expense ratio, ranked against its category.F15 out of 100Rank 84 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.C42 out of 100Rank 68 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C54 out of 100Rank 46 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C44 out of 100Rank 16 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B62 out of 100Rank 31 of 99
Our read on UCC
DThe only ETF built to deliver 2x the daily move of the S&P 500's consumer discretionary sector, and it has done that job since 2007. Retailers, restaurants and carmakers, geared, with the clock resetting every day.
UCC seeks daily investment results, before fees and expenses, equal to twice the daily performance of the S&P Consumer Discretionary Select Sector Index.
Why people hold it
- ProShares bills it as the only ETF targeting 2x the daily return of the consumer discretionary sector: retail, autos, restaurants and travel in one geared ticker.proshares.com
- Launched in 2007, it has run through housing busts, a pandemic and multiple rate cycles, from the biggest name in leveraged and inverse funds.proshares.com
- Geared exposure inside a normal brokerage account. No margin agreement, no borrowing on your own, just one ticker aimed at twice the sector's daily move.proshares.com
- The target is a plain vanilla S&P sector index, roughly 60 large-cap discretionary names, so you know exactly what the 2x is pointed at.proshares.com
Worth knowing
- At 1.63% a year, the fee sits well above the typical leveraged bull fund. Geared products cost more to run, but this one is on the higher end.
- The 2x objective applies to a single day. Hold longer and compounding takes over, so returns over weeks or months can differ a lot from 2x the index.proshares.com
- A small fund that trades lightly, which can mean wider bid-ask spreads. Limit orders matter more here than in the mega-cap leveraged names.
UCC Holdings
- Stocks
- 48
- 77%
- Net Other Assets (Liabilities)
Geography
- United States98.24%
- Switzerland1.50%
- Canada0.27%
UCC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
UCC$8,881
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 | UCC |
|---|---|
| Year to date | −17.2% |
| 1 month | −1.6% |
| 3 months | −10.2% |
| 1 year | −11.2% |
| 3 years | +13.6% |
| 5 years | −2.5% |
| 10 years | +12.8% |
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 | UCC |
|---|---|---|
| 2026 YTD | −17.2% | |
| 2025 | +2.2% | |
| 2024 | +44.2% | |
| 2023 | +61.7% | |
| 2022 | −57.6% | |
| 2021 | +20.9% | |
| 2020 | +46.5% |
UCC in the news
UCC Dividends
- 1.45%
- $0.62
- $0.20 per share
- Quarterly
Distribution history
UCC 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.
- 36.3%
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.
- 0.35
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.
- −61.8%
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.
- 2.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UCC Cost
1.63%
UCC1.63%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
83 of the 95 Leveraged Long (2x & Other) funds charge less.
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