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Launched · SEC filings

ProShares Ultra Consumer Staples

UGENYSE ArcaProSharesBThis 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.

$21.77+0.58 (+2.74%)

At close: Nov 2, 2026, 4:00 PM ET

B60/ 100

Rank 12 of 99 in Leveraged Long (2x & Other)

B60/100Rank 12 of 99inLeveraged Long (2x & Other)
Intraday session: up, 79 prints from 21.19 to 21.77. Range 21.25 to 21.86. Use the arrow keys to read each point.21.4021.6010 AM12 PM2 PM4 PM
Expense ratio
0.95%*
Fund size
$11M
1Y total return
+33.7%
Yield · Last 12 months
1.92%
Holdings
34
Avg volume · 30D
37.3K sh
52W range
low $15.74high $22.26
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Sep 30, 2027. Without it: 2.02%.

The ETF.net UGE Grade

Based on 4 of 6 pillars

B

Score 60 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
12 of 99
Six-pillar profile for UGE. Scores out of 100: Cost 51, Risk 75, Mission not scored, Tradability 65, Holdings not scored, Durability 63. Strongest: Risk (75). Weakest: Cost (51). Based on 4 of 6 pillars.

Score 60 of 100 falls in the B 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.
    C51 out of 100
    Rank 32 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A75 out of 100
    Rank 13 of 98

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B65 out of 100
    Rank 23 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B63 out of 100
    Rank 29 of 99

Our read on UGE

ETF.net Research

In short

BLeverage pointed at the market's sleepiest aisle. UGE aims for twice the daily move of the S&P 500's consumer staples names, the soap-soda-and-cereal corner, and it has been doing it since 2007.

Stated mandate

The fund seeks daily returns, before fees and expenses, equal to twice the daily performance of the S&P Consumer Staples Select Sector Index.

Why people hold it

  • Targets 2x the daily performance of the S&P Consumer Staples Select Sector Index, which measures the staples companies inside the S&P 500. Roughly 40 names, one ticker.spglobal.com
  • Costs 0.95% net of a waiver through September 30, 2027, versus 2.02% gross. That lands near the typical fee for leveraged equity funds and matches stablemate DDM at 0.95%.
  • Launched in 2007, giving it a long operating history for a geared sector fund, and it sits in the upper tier of the leveraged long funds we cover.
  • Staples leverage is a thin shelf. Most geared sector products chase tech, semis or financials, so a 2x line on toothpaste and groceries is a rarer tool.proshares.com

Worth knowing

  • The 2x target resets every day. Held longer, daily rebalancing and compounding can push results away from twice the index's move over that stretch, in either direction.proshares.com
  • Assets are small and the shares trade thinly next to the headline geared funds, which tends to show up as wider bid-ask spreads.
  • Distributions come quarterly, but the stated objective is the daily index multiple, not income.

UGE Holdings

Asset class
Stocks
Holdings
34
Top-10 weight
75%
Largest holding
Net Other Assets (Liabilities)37.0%

Sectors

  • Consumer Staples96.9%
  • Materials1.6%
  • Consumer Discretionary1.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataNet Other Assets (Liabilities)37.02%4,226,409$4.23M151
2WMTWalmart Inc7.07%6,532$807K469
3COSTCostco Wholesale Corp5.75%648$656K480
4PGProcter & Gamble Co/The4.82%3,409$551K441
5KOCoca-Cola Co/The4.68%5,681$534K469
6PMPhilip Morris International4.18%2,286$477K423
7MOAltria Group Inc2.98%4,358$340K376
8CLColgate-Palmolive Co2.81%3,364$321K373
9MDLZMondelez International Inc-A2.70%4,745$308K378
10PEPPepsico Inc2.61%2,167$298K452
11TGTTarget Corp2.54%1,878$290K385
12MNSTMonster Beverage Corp2.50%6,032$286K372
13KMBKimberly-Clark Corp2.44%2,585$279K359
14KDPKeurig Dr Pepper Inc1.80%5,738$206K328
15SYYSysco Corp1.47%2,019$167K335

Showing 1–15 of 34 holdings

UGE Performance

Launched Jan 30, 2007

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

UGE$13,370
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. UGE $13,370. SPY $11,199. Use the arrow keys to read each point.$10,000$12,000Oct 2025May 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for UGE. Periods over one year show the average yearly return.
PeriodUGE
Year to date+28.7%
1 month+21.9%
3 months+9.8%
1 year+33.7%
3 yearsper year+16.9%
5 yearsper year−4.1%
10 yearsper year+9.7%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for UGE
YearReturn barUGE
2026 YTD+28.7%
2025−5.2%
2024+16.4%
2023+2.4%
2022−46.8%
2021+42.4%
2020+56.7%

UGE in the news

UGE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.92%Last 12 months
Payout per share
$0.41Last 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 36 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.02; Jun 21, 2017 $0.02; Sep 27, 2017 $0.02; Dec 26, 2017 $0.03; Mar 21, 2018 $0.01; Jun 20, 2018 $0.02; Dec 26, 2018 $0.03; Mar 20, 2019 $0.02; Jun 25, 2019 $0.05; Sep 25, 2019 $0.02; Dec 24, 2019 $0.03; Mar 25, 2020 $0.03; Jun 24, 2020 $0.03; Sep 23, 2020 $0.02; Dec 23, 2020 $0.01; Mar 23, 2021 $0.0058; Jun 22, 2021 $0.02; Sep 22, 2021 $0.0089; Dec 23, 2021 $0.02; Mar 23, 2022 $0.02; Jun 22, 2022 $0.02; Sep 21, 2022 $0.03; Dec 22, 2022 $0.05; Mar 22, 2023 $0.10; Dec 20, 2023 $0.09; Mar 20, 2024 $0.04; Jun 26, 2024 $0.07; Sep 25, 2024 $0.06; Dec 23, 2024 $0.09; Mar 26, 2025 $0.08; Jun 25, 2025 $0.12; Sep 24, 2025 $0.10; Dec 24, 2025 $0.13; Mar 25, 2026 $0.06; Jun 24, 2026 $0.12; Sep 23, 2026 $0.10. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 23, 2026Sep 29, 2026$0.10
Jun 24, 2026Jun 30, 2026$0.12
Mar 25, 2026Mar 31, 2026$0.06
Dec 24, 2025Dec 31, 2025$0.13
Sep 24, 2025Sep 30, 2025$0.10
Jun 25, 2025Jul 1, 2025$0.12
Mar 26, 2025Apr 1, 2025$0.08
Dec 23, 2024Dec 31, 2024$0.09
Sep 25, 2024Oct 2, 2024$0.06
Jun 26, 2024Jul 3, 2024$0.07
Mar 20, 2024Mar 27, 2024$0.04
Dec 20, 2023Dec 28, 2023$0.09

See all 72 payments⁠

$10,000 in UGE 10 years ago paid $1,880 in dividends.⁠

UGE Risk

Risk pillarA75 out of 100Rank 13 of 98 in Leveraged Long (2x & Other)

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.

How much the fund’s monthly returns vary, scaled to a year.
26.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.55
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−56.5%
Trough Oct 2023
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.

How strongly the fund’s returns move with its asset-class index.
0.80
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

UGE Cost

Compare UGE and WX

Overpaying vs WX, cheapest in Leveraged Long (2x & Other)

$13,714

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UGE 0.95%

    $17,869

  • WX 0.20% Cheapest

    $4,155

$10,000
30 years

Cost over time

  • UGE 0.95%
  • WX 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UGE $17,869WX $4,155

Year by year

YearUGEWXOverpaying
10$1,678$365$1,313
20$6,322$1,421$4,901
30$17,869$4,155$13,714
How the 0.95% is worked out

Full fee 2.02%− waiver 1.07%= you pay 0.95%

The waiver ends Sep 30, 2027. After that the fee is 2.02% unless ProShares renews it. Source: prospectus, Sep 2026.

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