ProShares - Ultra Nasdaq Cybersecurity
$97.87+2.18 (+2.28%)
- Expense ratio
- 2.87%
- Fund size
- $10M
- 1Y return
- +55.0%
- Yield · Last 12 months
- 1.26%
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $90.62
- 52W range
The ETF.net UCYB Grade
Score 22 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 6Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 28Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 42Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 48Category rank
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
- 5
- 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.
Returns run to the Sep 22, 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 | +83.8% |
| 1 month | +15.1% |
| 3 months | +44.5% |
| 1 year | +55.0% |
| 3 years | +51.9% |
| 5 years | +16.4% |
| 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 | +83.8% | |
| 2025 | +9.4% | |
| 2024 | +28.9% | |
| 2023 | +68.9% | |
| 2022 | −55.1% | |
| 2021 | +28.9% |
UCYB in the news
ETF.net Research hasn’t filed on UCYB yet — coverage lands here as it’s written.
UCYB Dividends
- 1.26%
- $1.21
- $0.25 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.25 |
| Mar 25, 2026 | Mar 31, 2026 | $0.27 |
| Dec 24, 2025 | Dec 31, 2025 | $0.38 |
| Sep 24, 2025 | Sep 30, 2025 | $0.30 |
| Jun 25, 2025 | Jul 1, 2025 | $0.18 |
| Mar 26, 2025 | Apr 1, 2025 | $0.14 |
| Dec 23, 2024 | Dec 31, 2024 | $0.35 |
| Sep 25, 2024 | Oct 2, 2024 | $0.26 |
| Jun 26, 2024 | Jul 3, 2024 | $0.31 |
| Mar 20, 2024 | Mar 27, 2024 | $0.14 |
| Dec 20, 2023 | Dec 28, 2023 | $0.16 |
| Sep 20, 2023 | Sep 27, 2023 | $0.06 |
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.
- 51.4%
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.
- 0.86
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
- The middle half of Cybersecurity funds
- Median 0.47%
Every other Cybersecurity fund charges less.