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UYG vs WXET

ProShares Ultra Financials

UYGANYSE Arca

Teucrium 2x Daily Wheat ETF

WXETCNYSE Arca

Overlap

Expense ratio

UYG −0.02pt a year

UYG0.93%WXET0.95%

Avg volume · 30D

WXET 1.1×the volume

UYG17.3KWXET19.3K

UYG vs WXET Performance

Oct 31, 2025 – Nov 2, 2026

+15.4%UYG−1.9%WXET

Oct 31, 2025 to Nov 2, 2026. UYG +15.4%. WXET −1.9%. Use the arrow keys to read each point.40%60%Oct 2025May 2026Nov 2026
Expense ratio
UYG 0.93%, better
WXET 0.95%
Fund size
UYG $777M
WXET $6M
1Y total return
UYG +15.4%, better
WXET −1.9%
Yield (12M)
UYG 10.76%, better
WXET 2.04%
Holdings
UYG 83
WXET 3
Avg volume (30D)
UYG 17.3K sh
WXET 19.3K sh, better
NAV per share
UYG $93.27
WXET $16.51
52W range

ETF.net Grade

UYG: Cost 70, Risk 76, Mission not scored, Tradability 77, Holdings not scored, Durability 80. WXET: Cost 51, Risk 45, Mission not scored, Tradability 51, Holdings not scored, Durability 41.
Pillar letters and Scores for UYG, WXET, with each pillar’s weight
PillarUYGWXET
Cost30% weightA70HigherC51
Mission25% weightNot scoredNot scored
Risk15% weightA76HigherC45
Tradability15% weightA77HigherC51
Holdings10% weightNot scoredNot scored
Durability5% weightA80HigherC41

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. UYG and WXET 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 WXET 30th of 95 funds in the Leveraged Long (2x & Other) Category.

  1. Rank 1AQLDProShares Ultra QQQScore 78
  2. Rank 2AUYGProShares Ultra FinancialsScore 73
  3. Rank 3AROMProShares Ultra TechnologyScore 71
  4. Rank 28CUVXYProShares Ultra VIX Short-Term Futures ETFScore 49
  5. Rank 30CWXETTeucrium 2x Daily Wheat ETFScore 48
  6. Rank 31CMQQQTradr 2X Long Innovation 100 Monthly ETFScore 47

Our read on each fund

ETF.net Research

UYGAProShares Ultra Financials

WXETCTeucrium 2x Daily Wheat ETF

In short

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.

WXET Wheat, doubled. WXET aims for twice the daily move of wheat futures inside a regular brokerage account: no futures broker, no K-1 at tax time. A daily-reset trading tool from the shop that built its name on grains.

Stated mandate

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.

WXET The fund seeks, before fees and expenses, to deliver twice the daily price performance of wheat. It is designed for short-term trading and does not seek to meet its objective over periods longer than one day.

Why people hold it

  • 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.
  • WXET Leverage pointed at a farm commodity, not another tech index. The fund seeks twice the daily price move of wheat futures, a market driven by weather, harvests and geopolitics.teucrium.com
  • A 0.95% expense ratio comes in under the median for leveraged funds, and the exposure arrives in an ordinary brokerage account with no futures account to open.teucrium.com
  • Built as a 1940 Act fund, so tax season brings a Form 1099 instead of the Schedule K-1 that Teucrium's commodity-pool funds such as WEAT and CORN generate.teucrium.com
  • Teucrium has focused on agricultural commodities since 2010; WXET and a corn twin, launched together in December 2024, were its first leveraged funds.prweb.com

Worth knowing

  • 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.
  • WXET A one-day instrument by design. The leverage resets daily, so results over longer stretches can drift well away from 2x the wheat move, especially in choppy markets.teucrium.com
  • Small and thinly traded next to the big leveraged equity funds, so spreads and order size deserve attention before you hit the button.
  • Young fund, live since December 2024, so there is limited history showing how it behaves across a full grain cycle.

Full UYG profile⁠

Full WXET profile⁠

UYG vs WXET 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.

UYG vs WXET Cost

Overpaying WXET vs UYG

$330

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

  • UYG 0.93%

    $17,539

  • WXET 0.95%

    $17,869

$10,000
30 years

Cost over time

  • UYG 0.93%
  • WXET 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530WXET $17,869UYG $17,539

Year by year

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

Expense ratio

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

UYG 29th cheapest of 95 funds

WXET 32nd cheapest of 95 funds

UYG vs WXET Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
UYG 10.76%, better
WXET 2.04%
Payout (12M)
UYG $10.38
WXET $0.34
Last payment
UYG $0.09
WXET $0.03
Ex-dividend
UYG Sep 23, 2026
WXET Oct 26, 2026
Paid on
UYG Sep 29, 2026
WXET Oct 27, 2026
Frequency
UYG Quarterly
WXET Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

UYGQuarterly · 15 paymentsAll UYG payments⁠
One bar per payment. 15 payments from 2023 to 2026 YTD. 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$1020232026YTD
WXETMonthly · 23 paymentsAll WXET payments⁠
One bar per payment. 23 payments from 2023 to 2026 YTD. Dec 24, 2024 $0.03; Jan 27, 2025 $0.04; Feb 25, 2025 $0.06; Mar 25, 2025 $0.05; Apr 25, 2025 $0.07; May 28, 2025 $0.05; Jun 25, 2025 $0.04; Jul 25, 2025 $0.04; Aug 26, 2025 $0.04; Sep 25, 2025 $0.04; Oct 27, 2025 $0.03; Nov 25, 2025 $0.03; Dec 24, 2025 $0.03; Jan 26, 2026 $0.02; Feb 25, 2026 $0.02; Mar 25, 2026 $0.02; Apr 27, 2026 $0.02; May 27, 2026 $0.03; Jun 25, 2026 $0.03; Jul 27, 2026 $0.04; Aug 25, 2026 $0.03; Sep 25, 2026 $0.04; Oct 26, 2026 $0.03. Use the arrow keys to read each point.$0$1020232026YTD

UYG vs WXET Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UYG 30.5%WXET 47.7%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
UYG 1.04WXET −0.22since Jan 2025
Worst fallMax drawdown, 5 years
UYG −47.8%WXET −45.6%since Dec 2024
Market sensitivityBeta, 5 years
UYG 1.58WXET −0.13

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