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UJB

GradeCNew York Stock Exchange Arca

ProShares - Ultra High Yield

Leveraged · Leveraged & Inverse · ProShares · Inception 2011-04-13 · SEC filings

This 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.

$76.64+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

Market opens at 9:30 AM ET.
Intraday session: down, 9 prints from 77.09 to 76.64. Range 76.64 to 77.58. Use the arrow keys to read each point.$76.80$77.20$77.60Sep 17Sep 18Sep 21Sep 22Sep 23
Expense ratio
1.66%
Fund size
$10M
1Y return
+0.8%
Yield · Last 12 months
3.23%
Holdings
6
Volume · 30D
0M sh
NAV per share
$77.17
52W range
low $74.76high $80.09

The ETF.net UJB Grade

C

49/ 100

Rank 25 of 99 in Leveraged Long (2x & Other)⁠

Confidence Medium

Six-pillar profile for UJB. Scores out of 100: Cost 14, Risk 80, Mission not scored, Tradability 83, Holdings 57, Durability 63. Strongest: Tradability (83). Weakest: Cost (14). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C 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 14
    Category rank85/99 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 80
    Category rank5/94 · top 5%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 83
    Category rank8/99 · top 8%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 57
    Category rank10/23 · top 43%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 63
    Category rank29/99 · top 29%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on UJB

ETF.net Research

CNearly every leveraged ETF is a bet on stocks. UJB is the odd one out: 2x the daily move of a liquid junk-bond index, a corner of the market that usually creeps rather than lurches.

Stated mandate

UJB seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of the Markit iBoxx $ Liquid High Yield Index.

Why people hold it

  1. 01A rare instrument. It targets twice the daily performance of the Markit iBoxx $ Liquid High Yield Index, giving credit exposure a gear that almost every other leveraged ETF aims at equities.proshares.com
  2. 02High yield bonds step where stocks jump. Even doubled, UJB's measured volatility sits on the calmer end of the leveraged shelf.
  3. 03Trading since 2011, from ProShares, whose leveraged funds fill much of the category's top tier.
  4. 04Unlike most daily-leveraged products, it distributes on a quarterly schedule.

Worth knowing

  1. 01The 1.66% expense ratio runs well above what the typical leveraged ETF charges, including cheaper ProShares siblings like QLD and DDM.
  2. 02The 2x target resets every day. Over longer stretches, compounding means results can diverge from twice the index's move for that period.
  3. 03A small fund that trades lightly, so bid-ask spreads tend to be wider than on the headline leveraged names.

UJB Holdings

As of Sep 20, 2026, 6:50 AM
Asset class
Bonds
Holdings
6
Top-10 weight
100%
Largest holding
IQMM81.3%

Sectors

  • Energy100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IQMMPROSHARES GENIUS MNY MKT ETF81.33%81,500$8M61
002—Net Other Assets (Liabilities)18.67%1,872,844$2M162

Showing 1–2 of 2 holdings

UJB Performance

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

UJB$10,080
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. UJB $10,080. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for UJB. Periods over one year show the average yearly return.
PeriodUJB
Year to date−0.2%
1 month−1.7%
3 months−1.4%
1 year+0.8%
3 years+11.2%per year
5 years+2.1%per year
10 years+5.2%per year

As of the close, 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 UJB
YearReturn barUJB
2026 YTD−0.2%
2025+12.2%
2024+9.4%
2023+17.7%
2022−23.3%
2021+6.6%
2020+5.1%

UJB in the news

ETF.net Research hasn’t filed on UJB yet — coverage lands here as it’s written.

UJB 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 Sep 22, 2026.
3.23%Last 12 months
Payout per share
$2.51Last 12 months
Last payment
$0.27 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. 31 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.25; Jun 21, 2017 $0.46; Sep 27, 2017 $0.44; Dec 26, 2017 $0.59; Mar 21, 2018 $0.32; Jun 20, 2018 $0.47; Sep 26, 2018 $0.47; Dec 26, 2018 $0.65; Mar 20, 2019 $0.33; Jun 25, 2019 $0.30; Sep 25, 2019 $0.75; Dec 24, 2019 $1.48; Mar 25, 2020 $0.18; Jun 24, 2020 $0.22; Dec 23, 2020 $1.73; Dec 23, 2021 $0.25; Dec 22, 2022 $0.03; Mar 22, 2023 $1.55; Jun 21, 2023 $0.16; Sep 20, 2023 $0.39; Dec 20, 2023 $0.57; Mar 20, 2024 $0.42; Jun 26, 2024 $0.46; Sep 25, 2024 $0.75; Dec 23, 2024 $0.55; Mar 26, 2025 $0.54; Jun 25, 2025 $0.39; Sep 24, 2025 $0.82; Dec 24, 2025 $0.31; Mar 25, 2026 $1.11; Jun 24, 2026 $0.27. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 24, 2026Jun 30, 2026$0.27
Mar 25, 2026Mar 31, 2026$1.11
Dec 24, 2025Dec 31, 2025$0.31
Sep 24, 2025Sep 30, 2025$0.82
Jun 25, 2025Jul 1, 2025$0.39
Mar 26, 2025Apr 1, 2025$0.54
Dec 23, 2024Dec 31, 2024$0.55
Sep 25, 2024Oct 2, 2024$0.75
Jun 26, 2024Jul 3, 2024$0.46
Mar 20, 2024Mar 27, 2024$0.42
Dec 20, 2023Dec 28, 2023$0.57
Sep 20, 2023Sep 27, 2023$0.39

UJB 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.

How much the fund’s monthly returns vary, scaled to a year.
9.0%
Annualised · 36 months to Aug 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.
0.69
vs 3-month T-bills · to Aug 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.
−30.1%
Trough Sep 2022
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.
1.39
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.

UJB Cost

Expense ratio1.66%
  • The middle half of Leveraged Long (2x & Other) funds
  • Median 0.99%

82 of the 93 Leveraged Long (2x & Other) funds charge less.

UJB costs $166.00 a year on $10,000. The median Leveraged Long (2x & Other) fund costs $99.00.