ProShares - Ultra Nasdaq Cybersecurity
FThis 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.
$104.26−4.08 (−3.76%)
- 2.87%
- $13M
- +77.2%
- 1.14%
- 0M sh
- $104.39
- low $36.03high $110.00
The ETF.net UCYB Grade
F
Score 22 out of 100
- 9 of 9
Score 22 of 100 falls in the F 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.F6 out of 100Rank 9 of 9Mission
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.D29 out of 100Rank 8 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 6 of 9Holdings
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.C47 out of 100Rank 6 of 9
Our read on UCYB
FThe cybersecurity aisle's only geared option. UCYB aims for twice the daily move of the Nasdaq CTA Cybersecurity Index, reset every day, which makes it a short-horizon trading tool rather than a hold-forever position.
The fund seeks daily results, before fees and expenses, that are twice the daily performance of the Nasdaq CTA Cybersecurity Index.
Why people hold it
- Mechanically simple: it targets twice the daily performance of the Nasdaq CTA Cybersecurity Index, before fees and expenses. One dial, spelled out in the fund's own documents.proshares.com
- The lone geared entry in its cybersecurity cohort. CIBR, IHAK, HACK, WCBR and BUG all run unlevered, so nothing else in the group offers a 2x version of the theme.
- Rules-based underlying: the reference is a Nasdaq CTA cybersecurity index, not a manager's discretionary stock picks.proshares.com
- Arrived in 2021 as part of ProShares' first batch of leveraged thematic ETFs, from an issuer whose core business is geared funds.proshares.com
Worth knowing
- Expensive by category standards: a 2.87% expense ratio, several times what plain cybersecurity index funds charge.
- Daily reset means compounding takes over past one session, so results over weeks or months can diverge sharply from 2x the index's move, especially in choppy markets.
- Small and lightly traded next to the category's majors, which can show up as wider bid-ask spreads and more slippage on bigger orders.
UCYB Holdings
- Stocks
- 1
- 100%
- Net Other Assets (Liabilities)
Sectors
- Technology95.1%
- Industrials4.8%
- Communication0.1%
UCYB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
UCYB$17,724
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 | UCYB |
|---|---|
| Year to date | +100.9% |
| 1 month | +28.6% |
| 3 months | +31.6% |
| 1 year | +77.2% |
| 3 years | +54.9% |
| 5 years | +18.7% |
| 10 years | — |
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 | UCYB |
|---|---|---|
| 2026 YTD | +100.9% | |
| 2025 | +9.4% | |
| 2024 | +28.9% | |
| 2023 | +68.9% | |
| 2022 | −55.1% | |
| 2021 | +28.9% |
UCYB in the news
UCYB Dividends
- 1.14%
- $1.19
- $0.29 per share
- Quarterly
Distribution history
UCYB 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.
- 50.9%
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.
- 0.95
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.
- −62.9%
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.
- 2.19
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UCYB Cost
2.87%
UCYB2.87%
- The middle half of Cybersecurity funds
- Median 0.47%
Every other Cybersecurity fund charges less.
Other funds in Cybersecurity
- BSPAMThemes Cybersecurity ETFExpense ratio 0.35%1 year return +38.8%
- BXACorgi Etf Trust I - Corgi AI Cybersecurity ETFExpense ratio 0.35%1 year return —
- CWCBRWisdomTree Cybersecurity FundExpense ratio 0.45%1 year return +53.9%
- CHACKAmplify Cybersecurity ETFExpense ratio 0.60%1 year return +47.8%
- CBUGGlobal X - Cybersecurity ETFExpense ratio 0.50%1 year return +40.2%