Symbols

UPRO

ProShares UltraPro S&P500·ARCA

--(--)

Key Stats

Assets Under Management

3.64BUSD

Fund Flow (1Y)

-853.33MUSD

Dividend Yield

1.12%

Discount / Premium to NAV

-0.04%

Shares Outstanding

39.00M

Expense Ratio

0.89%

About ProShares UltraPro S&P500

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/upro

Inception Date

Jun 23, 2009

Structure

Open-Ended Fund

Index Tracked

S&P 500

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

UPRO, as a leveraged product, is not a buy-and-hold ETF, it's a short-term tactical instrument. Like many leveraged funds, it delivers its 3x exposure only over a one-day holding period. Over longer periods, returns can vary significantly from its headline 3x exposure to the S&P 500. The 500 underlying companies are some of the most well-known firms in the world. As a short-term instrument, the total cost of owning UPRO is more dependent on liquidity than management costs, knowledge of the benefits, risks and pitfalls of geared products is paramount.