URAA vs UYG

URAAFDirexion Daily Uranium Industry Bull 2X ETF

UYGAProShares Ultra Financials

In short

URAA A 2x daily play on uranium and nuclear built on an index of other uranium ETFs, so one ticker reaches dozens of miners and reactor names. Fee is 1.30%, net of a waiver through September 1, 2027.

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

URAA The fund seeks daily investment results, before fees and expenses, equal to twice the performance of the Solactive United States Uranium and Nuclear Energy ETF Select 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

• URAA The benchmark tracks US-listed uranium and nuclear ETFs instead of hand-picking stocks, so a single trade spans dozens of companies across mining, fuel and reactors.direxion.comdirexion.com 2
• Direxion states the 200% target applies to a single day and should not be expected over longer periods. The tool tells you what it is, right on the label.direxion.com
• Listed since 2024 and moderately traded for a niche leveraged fund, with the index reconstituted quarterly to keep up with the ETF lineup it follows.solactive.com

• 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

• URAA Costs sit above the typical leveraged bull fund: 1.30% net of a waiver through September 1, 2027 (1.46% gross), versus 0.89% at QLD, net of a waiver through September 30, 2027.
• Leverage resets every day, so choppy stretches can leave longer-term results well away from 2x the index move. Built for days, not quarters.direxion.com
• Uranium is a narrow, headline-driven corner of energy, and 2x doubles the daily swing in both directions. Assets here stay small next to the big index-based leveraged funds.

• 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 URAA profile⁠

Full UYG profile⁠