ProShares - Ultra Financials
AThis 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.
$88.11−0.72 (−0.81%)
- 0.94%
- $745M
- +6.4%
- 11.69%
- 0M sh
- $88.84
- low $68.44high $104.32
The ETF.net UYG Grade
A
Score 72 out of 100
- 2 of 99
Score 72 of 100 falls in the A 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.A72 out of 100Rank 28 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.A70 out of 100Rank 13 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 13 of 99Holdings
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.A80 out of 100Rank 4 of 99
Our read on UYG
AFinancials with the volume at two, not three. UYG aims for 2x the daily move of the S&P Financial Select Sector Index, a middle gear for sector traders at a fee that sits below the leveraged-fund norm.
UYG seeks pre-expense daily results equal to 2x the daily performance of the S&P Financial Select Sector Index. It is designed to provide magnified financials-sector exposure on a daily basis.
Why people hold it
- Two times daily, not three: UYG targets 2x the daily move of the S&P Financial Select Sector Index, a milder dose of the same trade as 3x financials funds like FAS.proshares.com
- Fee runs 0.94% a year, below the median for leveraged bull funds, so the cost of the gearing sits on the lower side of the group.proshares.com
- Live since 2007, so it has traded through the 2008 financial crisis and every rate cycle since. That is a long track record for a geared fund.
- Under the hood: roughly 80 US financial stocks in index weights, so it is sector exposure with a multiplier, not a stock picker's bet.proshares.com
Worth knowing
- The 2x target resets every day. Hold longer and compounding takes over, so multi-day results can differ from 2x the index move, most of all in choppy markets.proshares.com
- It trades lighter than the headline leveraged funds, so spreads and order size carry more weight at the moment of execution.
- One sector, geared: banking and credit news moves this fund about twice as hard as it moves the underlying index.
UYG Holdings
- Stocks
- 82
- 68%
- Net Other Assets (Liabilities)
Sectors
- Financials98.2%
- Technology1.6%
- Industrials0.2%
Geography
- United States97.14%
- Switzerland1.36%
- Ireland0.66%
- Bermuda0.52%
- United Kingdom0.32%
UYG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
UYG$10,638
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 | UYG |
|---|---|
| Year to date | −2.7% |
| 1 month | −7.3% |
| 3 months | −3.4% |
| 1 year | +6.4% |
| 3 years | +32.3% |
| 5 years | +9.9% |
| 10 years | +16.5% |
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 | UYG |
|---|---|---|
| 2026 YTD | −2.7% | |
| 2025 | +19.7% | |
| 2024 | +55.7% | |
| 2023 | +22.2% | |
| 2022 | −32.1% | |
| 2021 | +67.9% | |
| 2020 | −20.3% |
UYG in the news
UYG Dividends
- 11.69%
- $10.38
- $0.09 per share
- Quarterly
Distribution history
UYG 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.
- 30.5%
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.
- 0.85
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.
- −47.8%
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.
- 1.58
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UYG Cost
0.94%
UYG0.94%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
28 of the 95 Leveraged Long (2x & Other) funds charge less.
Other funds in Leveraged Long (2x & Other)
- ADDMProShares - Ultra Dow30Expense ratio 0.96%1 year return +24.4%
- AQLDProShares - Ultra QQQExpense ratio 0.98%1 year return +47.5%
- BROMProShares - Ultra TechnologyExpense ratio 0.95%1 year return +77.8%
- BMQQQTradr 2X Long Innovation 100 Monthly ETFExpense ratio 0.95%1 year return +44.2%
- BUSDProShares Ultra SemiconductorsExpense ratio 0.95%1 year return +88.4%