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RXL vs UYG

ProShares Ultra Health Care

RXLBNYSE Arca

ProShares Ultra Financials

UYGANYSE Arca

Overlap

Expense ratio

UYG −0.02pt a year

RXL0.95%UYG0.93%

Avg volume · 30D

UYG 1.2×the volume

RXL14.5KUYG17.3K

10Y return · a year

RXL +0.9pt

RXL+17.9%UYG+17.0%

RXL vs UYG Performance

Oct 29, 2021 – Oct 30, 2026

+40.9%RXL+56.5%UYG

Oct 29, 2021 to Oct 30, 2026. RXL +40.9%. UYG +56.5%. Use the arrow keys to read each point.−50%−25%0%25%75%Oct 2021Apr 2024Oct 2026
Expense ratio
RXL 0.95%
UYG 0.93%, better
Fund size
RXL $113M
UYG $777M
1Y total return
RXL +56.4%, better
UYG +11.5%
Yield (12M)
RXL 0.90%
UYG 11.13%, better
Holdings
RXL 62
UYG 83
Avg volume (30D)
RXL 14.5K sh
UYG 17.3K sh, better
NAV per share
RXL $70.10
UYG $93.27
52W range

ETF.net Grade

RXL: Cost 51, Risk 73, Mission not scored, Tradability 69, Holdings 52, Durability 75. UYG: Cost 70, Risk 76, Mission not scored, Tradability 78, Holdings not scored, Durability 80.
Pillar letters and Scores for RXL, UYG, with each pillar’s weight
PillarRXLUYG
Cost30% weightC51A70Higher
Mission25% weightNot scoredNot scored
Risk15% weightA73A76Higher
Tradability15% weightB69A78Higher
Holdings10% weightC52Not scored
Durability5% weightA75A80Higher

Rank among Leveraged Long (2x & Other) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. RXL and UYG are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.

Leveraged Long (2x & Other)⁠

Category · 95 funds
See all 95 ›

UYG ranks 2nd and RXL 11th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 77
  2. Rank 2AUYGProShares Ultra FinancialsScore 74
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 9BUWMProShares Ultra Russell2000Score 63
  5. Rank 11BRXLProShares Ultra Health CareScore 61
  6. Rank 12BUGEProShares Ultra Consumer StaplesScore 60

Our read on each fund

ETF.net Research

RXLBProShares Ultra Health Care

UYGAProShares Ultra Financials

In short

RXL Health care with the volume turned up: RXL targets two times the daily move of the S&P Health Care Select Sector Index. It has been running that one-day dial since 2007, through a long run of drug-pricing and policy cycles.

UYG Listed in January 2007, a year before the banking crash, UYG targets 2x the daily move of the financial stocks in the S&P 500. A veteran of the leveraged shelf, priced at 0.93% with no fee waiver propping that number up.

Stated mandate

RXL The fund seeks daily returns, before fees and expenses, equal to two times the daily performance of the S&P Health Care Select Sector Index.

UYG 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

  • RXL Plain mandate, no stock picking: 2x the daily move of a cap-weighted index of roughly 70 large US health care names (drugmakers, insurers, device and services companies).proshares.com
  • 0.95% net of a waiver through September 30, 2027 lands near the leveraged-bull median; stablemate QLD runs 0.89% net of a waiver through that same date.
  • Trading since January 2007, one of the original ProShares sector Ultras, and one of the stronger implementations in a crowded leveraged field. Pays quarterly.
  • UYG One of the originals: on the tape since January 30, 2007, still running the same mandate of 2x the daily performance of the S&P Financial Select Sector Index.proshares.com
  • At 0.93% with no waiver doing the work, it sits near the median fee of its leveraged peer group and level with sibling ROM (0.93%). QLD is 0.89%, but net of a waiver through September 30, 2027.
  • The whole sector in one ticker: banks, insurers and capital-markets firms from the S&P 500, roughly 80 names, geared daily.proshares.com
  • Stands in the top tier of the leveraged bull funds we grade, a group of close to a hundred tickers.

Worth knowing

  • RXL The 2x resets every day. Hold past that and compounding takes the wheel, so multi-day results can land well off 2x the index, especially in choppy markets.proshares.com
  • Exposure is built with swaps and other derivatives, so counterparty and financing costs ride along with the sector bet.proshares.com
  • One of the quieter names in leveraged land. Thinner tape can mean wider spreads, and the gross fee is 1.08% once the waiver ends September 30, 2027.
  • UYG The 2x target is a one-day target and resets each day. Over longer holds the result comes from compounding daily moves, and in choppy markets that can land well off twice the index's return for the period.proshares.com
  • One sector, doubled. Financials move with rates, credit conditions and deal flow, and UYG amplifies that daily swing in both directions.
  • It changes hands less than the headline leveraged funds, so the spread is worth a look before you place an order.

Full RXL profile⁠

Full UYG profile⁠

RXL vs UYG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

RXL vs UYG Cost

Overpaying RXL vs UYG

$330

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

  • RXL 0.95%

    $17,869

  • UYG 0.93%

    $17,539

$10,000
30 years

Cost over time

  • RXL 0.95%
  • UYG 0.93%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RXL $17,869UYG $17,539

Year by year

YearRXLUYGOverpaying
10$1,678$1,644$34
20$6,322$6,199$123
30$17,869$17,539$330

Expense ratio

  • 0.95%RXL
  • 0.93%UYG, cheaper
  • Middle half of Leveraged Long (2x & Other) funds
  • Median 0.95%

UYG 29th cheapest of 95 funds

RXL 32nd cheapest of 95 funds

RXL vs UYG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
RXL 0.90%
UYG 11.13%, better
Payout (12M)
RXL $0.63
UYG $10.38
Last payment
RXL $0.13
UYG $0.09
Ex-dividend
RXL Sep 23, 2026
UYG Sep 23, 2026
Paid on
RXL Sep 29, 2026
UYG Sep 29, 2026
Frequency
RXL Quarterly
UYG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

RXLQuarterly · 29 paymentsAll RXL payments⁠
One bar per payment. 29 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.03; Mar 21, 2018 $0.02; Jun 20, 2018 $0.01; Sep 26, 2018 $0.01; Dec 26, 2018 $0.03; Mar 20, 2019 $0.03; Jun 25, 2019 $0.02; Dec 24, 2019 $0.03; Mar 25, 2020 $0.04; Dec 23, 2020 $0.02; Mar 23, 2021 $0.02; Jun 22, 2021 $0.0065; Sep 22, 2021 $0.006; Dec 23, 2021 $0.02; Mar 23, 2022 $0.05; Jun 22, 2022 $0.0015; Dec 22, 2022 $0.11; Dec 20, 2023 $0.08; Mar 20, 2024 $0.09; Jun 26, 2024 $0.17; Sep 25, 2024 $0.13; Dec 23, 2024 $0.15; Mar 26, 2025 $0.13; Jun 25, 2025 $0.22; Sep 24, 2025 $0.20; Dec 24, 2025 $0.18; Mar 25, 2026 $0.14; Jun 24, 2026 $0.18; Sep 23, 2026 $0.13. Use the arrow keys to read each point.$0$102017202020232026YTD
UYGQuarterly · 39 paymentsAll UYG payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 22, 2017 $0.02; Jun 21, 2017 $0.02; Sep 27, 2017 $0.07; Dec 26, 2017 $0.12; Mar 21, 2018 $0.05; Jun 20, 2018 $0.08; Sep 26, 2018 $0.11; Dec 26, 2018 $0.18; Mar 20, 2019 $0.08; Jun 25, 2019 $0.09; Sep 25, 2019 $0.14; Dec 24, 2019 $0.17; Mar 25, 2020 $0.12; Jun 24, 2020 $0.05; Sep 23, 2020 $0.03; Dec 23, 2020 $0.08; Mar 23, 2021 $0.03; Jun 22, 2021 $0.02; Sep 22, 2021 $0.03; Dec 23, 2021 $3.19; Mar 23, 2022 $0.04; Jun 22, 2022 $0.04; Sep 21, 2022 $0.06; Dec 22, 2022 $0.20; Mar 22, 2023 $0.09; Jun 21, 2023 $0.11; Sep 20, 2023 $0.09; Dec 20, 2023 $0.15; Mar 20, 2024 $0.04; Jun 26, 2024 $0.11; Sep 25, 2024 $0.09; Dec 23, 2024 $0.20; Mar 26, 2025 $0.27; Jun 25, 2025 $0.13; Sep 24, 2025 $0.38; Dec 24, 2025 $9.97; Mar 25, 2026 $0.20; Jun 24, 2026 $0.11; Sep 23, 2026 $0.09. Use the arrow keys to read each point.$0$102017202020232026YTD

RXL vs UYG Risk

Fall from peak · 5 years

  • RXL
  • UYG
Oct 29, 2021 to Oct 30, 2026. Worst fall: UYG −47.8% · Oct 2022. Use the arrow keys to read each point.−50%−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
RXL 29.6%, betterUYG 30.5%
Return per unit of riskSharpe ratio, 3 years
RXL 0.72UYG 1.04, better
Worst fallMax drawdown, 5 years
RXL −36.1%, betterUYG −47.8%
Market sensitivityBeta, 5 years
RXL 1.14UYG 1.58

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