ProShares - Ultra Financials
$87.92−0.47 (−0.53%)
- Expense ratio
- 0.94%
- Fund size
- $769M
- 1Y return
- −1.9%
- Yield · Last 12 months
- 12.07%
- Holdings
- 84
- Volume · 30D
- 0M sh
- NAV per share
- $91.50
- 52W range
The ETF.net UYG Grade
Score 70 of 100 sits in the A 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.AScore 72Category 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.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category 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.AScore 79Category rank
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
- 84
- 67%
- Net Other Assets (Liabilities)
Sectors
- Financials98.1%
- Technology1.6%
- Industrials0.3%
Geography
- United States97.10%
- Switzerland1.32%
- Ireland0.71%
- Bermuda0.54%
- United Kingdom0.33%
UYG 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 | UYG |
|---|---|
| Year to date | −3.3% |
| 1 month | −9.1% |
| 3 months | +2.9% |
| 1 year | −1.9% |
| 3 years | +30.3% |
| 5 years | +10.8% |
| 10 years | +16.1% |
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 | −3.3% | |
| 2025 | +19.7% | |
| 2024 | +55.7% | |
| 2023 | +22.2% | |
| 2022 | −32.1% | |
| 2021 | +67.9% | |
| 2020 | −20.3% |
UYG in the news
ETF.net Research hasn’t filed on UYG yet — coverage lands here as it’s written.
UYG Dividends
- 12.07%
- $10.67
- $0.11 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.11 |
| Mar 25, 2026 | Mar 31, 2026 | $0.20 |
| Dec 24, 2025 | Dec 31, 2025 | $9.97 |
| Sep 24, 2025 | Sep 30, 2025 | $0.38 |
| Jun 25, 2025 | Jul 1, 2025 | $0.13 |
| Mar 26, 2025 | Apr 1, 2025 | $0.27 |
| Dec 23, 2024 | Dec 31, 2024 | $0.20 |
| Sep 25, 2024 | Oct 2, 2024 | $0.09 |
| Jun 26, 2024 | Jul 3, 2024 | $0.11 |
| Mar 20, 2024 | Mar 27, 2024 | $0.04 |
| Dec 20, 2023 | Dec 28, 2023 | $0.15 |
| Sep 20, 2023 | Sep 27, 2023 | $0.09 |
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.
- 29.4%
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.
- 0.97
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
- The middle half of Leveraged Long (2x & Other) funds
- Median 0.99%
28 of the 93 Leveraged Long (2x & Other) funds charge less.