UYG vs XCOM

UYGAProShares Ultra Financials

XCOMCCorgi All Commodities 2x Daily 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.

XCOM Geared commodity exposure in a category dominated by leveraged stock-index trades: XCOM aims for about two times the daily move of a commodity basket, at 0.45% a year, well under the typical leveraged-ETF fee.

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.

XCOM The Fund seeks daily investment results, before fees and expenses, corresponding to approximately two times the daily performance of its commodity-related underlying exposure. The trust describes this as a single-day objective pursued through leveraged instruments.

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.

• XCOM 0.45% a year is less than half the going rate for leveraged funds, where the top-scoring names (DDM, QLD, ROM) all sit north of 0.90%.
• Commodities, not another 2x tech or Dow bet. Its peer leaderboard is stacked with geared equity-sector funds, so a broad commodity basket is a genuinely different flavor of leverage.
• Registered as a 1940 Act fund rather than a commodity partnership, so shareholders get standard fund reporting instead of partnership paperwork.

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.

• XCOM The 2x objective resets every day. Hold longer than a day and your result reflects compounding, which choppy commodity markets can grind against even if the index ends up where it started.
• A 2026 launch, arriving small next to geared funds that have traded through multiple cycles. Younger, lighter-traded funds can carry wider spreads.
• The filings describe the commodity exposure at a high level. Read the current prospectus for the exact index, instruments and rebalance mechanics before sizing a position.

Full UYG profile⁠

Full XCOM profile⁠