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UPRO vs USGX

ProShares UltraPro S&P500

UPROCNYSE Arca

Corgi U.S. Growth 2x Daily ETF

USGXCCboe

Overlap

0.0%by weight

Expense ratio

USGX −0.43pt a year

UPRO0.88%USGX0.45%

Avg volume · 30D

UPRO 17744.2×the volume

UPRO1.99MUSGX112

UPRO vs USGX Performance

Jul 31, 2026 – Oct 30, 2026

+0.8%UPRO−3.7%USGX

Jul 31, 2026 to Oct 30, 2026. UPRO +0.8%. USGX −3.7%. Use the arrow keys to read each point.5%10%15%Jul 2026Sep 2026Oct 2026
Expense ratio
UPRO 0.88%
USGX 0.45%, better
Fund size
UPRO $5.2B
USGX $0
1Y total return
UPRO +20.8%
USGX No data
Yield (12M)
UPRO 0.80%
USGX No data
Holdings
UPRO 511
USGX 1
Avg volume (30D)
UPRO 1.99M sh, better
USGX 112 sh
NAV per share
UPRO $141.16
USGX $21.21
52W range

ETF.net Grade

UPRO: Cost 44, Risk 43, Mission 85, Tradability 84, Holdings 63, Durability 71. USGX: Cost 84, Risk 33, Mission not scored, Tradability 16, Holdings not scored, Durability 17.
Pillar letters and Scores for UPRO, USGX, with each pillar’s weight
PillarUPROUSGX
Cost30% weightC44A84Higher
Mission25% weightA85Not scored
Risk15% weightC43HigherD33
Tradability15% weightA84HigherF16
Holdings10% weightB63Not scored
Durability5% weightA71HigherF17

Rank among 2x/3x Long S&P 500 funds

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

Same Category. UPRO and USGX are both graded against the same 7 2x/3x Long S&P 500 funds, so their Grades compare head to head.

2x/3x Long S&P 500⁠

Category · 7 funds
See all 7 ›

UPRO ranks 3rd and USGX 5th of 7 funds in the 2x/3x Long S&P 500 Category.

  1. Rank 1BSSOProShares Ultra S&P500Score 66
  2. Rank 2BSPUUDirexion Daily S&P 500 Bull 2X ETFScore 63
  3. Rank 3BSPXLDirexion Daily S&P 500 Bull 3X SharesScore 55
  4. Rank 3CUPROProShares UltraPro S&P500Score 55
  5. Rank 5CUSGXCorgi U.S. Growth 2x Daily ETFScore 40
  6. Rank 5CUSLXCorgi U.S. Large-Cap 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

UPROCProShares UltraPro S&P500

USGXCCorgi U.S. Growth 2x Daily ETF

In short

UPRO Triple the S&P 500's daily move in one ticker, reset each night. Trading since 2009 at a flat 0.88% with no waiver due to expire. ProShares frames the goal as a single-day one, not a buy-and-forget.

USGX No data

Stated mandate

UPRO The fund seeks daily investment results, before fees and expenses, designed to deliver three times the daily performance of the S&P 500.

USGX No data

Why people hold it

  • UPRO Mechanically plain: it aims for 3x the S&P 500's daily move, before fees, then rebalances for the next session. No margin account, no borrowing, one ticker.proshares.com
  • The 0.88% fee is the whole story: no waiver to lapse and nothing to reprice, unlike SPXL at 0.84% net of a waiver through September 1, 2027.
  • Listed in 2009 and actively traded ever since, through several volatility shocks. It sits in the upper half of its nine-fund leveraged S&P peer group on our review.
  • It has tracked its daily 3x target closely for a geared fund, which is the job that matters most when the holding period is hours or days.

USGX No data

Worth knowing

  • UPRO Daily reset means compounding: over any period longer than a day, returns can differ from 3x the index, and the prospectus notes losses are possible even if the index rises.sec.govproshares.com
  • Leverage cuts both ways and costs money; a one-day index drop is magnified threefold, and the fund's own documents say obtaining the leverage lowers returns.proshares.com
  • At 0.88% it sits near the category median and above 2x options like SPUU at 0.60% net of a waiver through September 1, 2027.

USGX No data

Full UPRO profile⁠

Full USGX profile⁠

UPRO vs USGX Holdings

How UPRO and USGX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of UPRO and 0.0% of USGX.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile99.5%

Sector

No Sector split for USGX.

Country, concentration and asset class

Country by domicile

Country weights in UPRO and USGX, widest gap first
CountryMore in UPROMore in USGX
United StatesUSGX +0.5 points
SwitzerlandUPRO +0.3 points
ChinaUPRO +0.1 points
MexicoUPRO +0.1 points
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • UPRO60.5%
  • USGX198.8%

Securities held

  • UPRO510
  • USGX0

Asset class

UPRO
Equity
USGX
Equity

Holdings

  • Only in UPRO510
  • In both0
  • Only in USGX0

Only in UPRO

510 securities, 80.0% of UPRO by weight

  • Proshares Genius Mny Mkt Etf21.65%
  • Apple Inc3.97%
  • NVIDIA Corp3.90%

Only in USGX

0 securities, 0.0% of USGX by weight

Weight gaps

UPRO and USGX share no securities.

All 522 UPRO holdings⁠All 15 USGX 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.

UPRO vs USGX Cost

Overpaying UPRO vs USGX

$7,664

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

  • UPRO 0.88%

    $16,705

  • USGX 0.45%

    $9,041

$10,000
30 years

Cost over time

  • UPRO 0.88%
  • USGX 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UPRO $16,705USGX $9,041

Year by year

YearUPROUSGXOverpaying
10$1,559$812$747
20$5,891$3,128$2,763
30$16,705$9,041$7,664

Expense ratio

  • 0.88%UPRO
  • 0.45%USGX, cheaper
  • Middle half of 2x/3x Long S&P 500 funds
  • Median 0.84%

USGX 2nd cheapest of 7 funds

UPRO 6th cheapest of 7 funds

UPRO vs USGX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
UPRO 0.80%
USGX No data
Payout (12M)
UPRO $1.13
USGX None
Last payment
UPRO $0.27
USGX No data
Ex-dividend
UPRO Sep 23, 2026
USGX No data
Paid on
UPRO Sep 29, 2026
USGX No data
Frequency
UPRO Quarterly
USGX No data

Distribution history

Per share, 2017 to 2026, same scale for both

UPROQuarterly · 28 paymentsAll UPRO payments⁠
One bar per payment. 28 payments from 2017 to 2026 YTD. Mar 21, 2018 $0.02; Jun 20, 2018 $0.02; Sep 26, 2018 $0.02; Dec 26, 2018 $0.05; Mar 20, 2019 $0.05; Jun 25, 2019 $0.04; Dec 24, 2019 $0.05; Mar 25, 2020 $0.03; Dec 23, 2020 $0.01; Mar 23, 2021 $0.01; Dec 23, 2021 $0.03; Mar 23, 2022 $0.04; Dec 22, 2022 $0.14; Mar 22, 2023 $0.08; Jun 21, 2023 $0.15; Sep 20, 2023 $0.06; Dec 20, 2023 $0.12; Mar 20, 2024 $0.12; Jun 26, 2024 $0.22; Sep 25, 2024 $0.22; Dec 23, 2024 $0.25; Mar 26, 2025 $0.19; Jun 25, 2025 $0.23; Sep 24, 2025 $0.22; Dec 24, 2025 $0.34; Mar 25, 2026 $0.22; Jun 24, 2026 $0.30; Sep 23, 2026 $0.27. Use the arrow keys to read each point.$0$0.252017202020232026YTD
USGXAll USGX payments⁠

No distribution history available.

UPRO vs USGX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UPRO 38.8%USGX No data
Return per unit of riskSharpe ratio, 3 years
UPRO 1.24USGX No data
Worst fallMax drawdown, 5 years
UPRO −63.9%USGX No data
Market sensitivityBeta, 5 years
UPRO 3.03USGX 1.76

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