SKYU

Ultra Nasdaq Cloud Computing

SKYU seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing IndexTM.

How to Buy
Why SKYU?
Target Magnified Returns

SKYU targets 2x the daily returns of the cloud computing industry.

Efficient

SKYU offers 2x exposure with less cash.

Convenience

Buy and sell leveraged exposure via a single ticker in a brokerage account.

This ProShares ETF seeks daily investment results that correspond, before fees and expenses, to 2x the daily performance of its underlying benchmark (the “Daily Target”).

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Smaller index gains/losses and higher index volatility contribute to returns worse than the Daily Target. Larger index gains/losses and lower index volatility contribute to returns better than the Daily Target.

The more extreme these factors are, the more they occur together, and the longer your holding period while these factors apply, the more your return will tend to deviate. Investors should consider periodically monitoring their geared fund investments in light of their goals and risk tolerance.

Performance
About the Fund
Exposures
Holdings
Index
Distributions
View fund details
Documents & Downloads
ETF & Index
Fund Fact Sheet
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FAQs About Geared Funds
This links to a pdf file This link opens a new window
NAV History
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Prospectus & Regulatory
Summary Prospectus
Statutory Prospectus
SAI
Annual Report
Semi-Annual Report

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

30 Day Daily Return

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 10/31/2026
Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
SKYU NAV -6.22% 20.49% 67.63% 32.77% 8.98% 47.50% -1.18% -- 3.64% 01/19/2021
SKYU Market Price -6.37% 20.31% 67.61% 32.89% 9.02% 47.72% -1.15% -- 3.65% 01/19/2021

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    SKYU
  • Intraday Ticker
    SKYU.IV
  • CUSIP
    74347G788
  • Inception Date
    1/19/21
  • Net Assets
    $3,067,957
  • Gross Expense Ratio
    5.86%
  • Net Expense Ratio
    0.95%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
  • Options Available
    Yes
Price
as of 11/05/2026
  • NAV
    $40.91
  • NAV Change
    $-5.70 down caret
  • Market Price
    $40.91
  • Market Price Change
    $-5.67 down caret
  • Trading Volume (M)
    6,074
  • View Premium / Discount
Snapshot
  • Ticker
    SKYU
  • Intraday Ticker
    SKYU.IV
  • CUSIP
    74347G788
  • Inception Date
    1/19/21
  • Net Assets
    $3,067,957
  • Gross Expense Ratio
    5.86%
  • Net Expense Ratio
    0.95%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
  • Options Available
    Yes
Price
as of 11/05/2026
  • NAV
    $40.91
  • NAV Change
    $-5.70 down caret
  • Market Price
    $40.91
  • Market Price Change
    $-5.67 down caret
  • Trading Volume (M)
    6,074
  • View Premium / Discount

Expenses with Contractual Waiver through September 30, 2027. Without the fee waiver performance would likely be lower.

Exposures

Index as of 9/30/2026

Holdings

as of 11/05/2026

Exposure Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
1.94% MSFT MICROSOFT CORP -- $51,449.28 96 2588173
1.93% IBM INTL BUSINESS MACHINES CORP -- $51,398.88 208 2005973
1.83% P EVERPURE INC-A -- $48,775.68 522 BYZ62T3
1.82% AMZN AMAZON.COM INC -- $48,399.06 186 2000019
1.55% NTNX NUTANIX INC - A -- $41,336.30 706 BYQBFT8
1.51% GOOGL ALPHABET INC-CL A -- $40,124.94 142 BYVY8G0
1.48% ANET ARISTA NETWORKS INC -- $39,471.68 248 BL9XPM3
1.41% ORCL ORACLE CORP -- $37,427.00 325 2661568
1.29% NTSK NETSKOPE INC-CL A -- $34,281.94 1,582 BQT3J26
1.16% DOCN DIGITALOCEAN HOLDINGS INC -- $30,966.60 438 BNC23Q1
1.05% CSCO CISCO SYSTEMS INC -- $27,950.24 292 2198163
1.03% RBRK RUBRIK INC-A -- $27,492.40 260 BSLQK57
1.03% APP APPLOVIN CORP-CLASS A -- $27,419.70 77 BMV3LG4
1.02% MDB MONGODB INC -- $27,108.51 89 BF2FJ99
0.97% NET CLOUDFLARE INC - CLASS A -- $25,918.06 106 BJXC5M2
0.97% WK WORKIVA INC -- $25,906.50 303 BSS6HY8
0.97% RNG RINGCENTRAL INC-CLASS A -- $25,823.34 348 BDZCRX3
0.97% LUMN LUMEN TECHNOLOGIES INC -- $25,710.80 6,460 BMDH249
0.96% GTLB GITLAB INC-CL A -- $25,523.79 521 BMTVT22
0.89% SHOP SHOPIFY INC - CLASS A -- $23,575.00 164 BXDZ9Z0
0.88% S SENTINELONE INC -CLASS A -- $23,497.74 1,097 BP7L1B8
0.87% AKAM AKAMAI TECHNOLOGIES INC -- $23,118.48 297 2507457
0.86% TEAM ATLASSIAN CORP-CL A -- $22,911.25 125 BQ1PC76
0.83% NTAP NETAPP INC -- $22,188.78 131 2630643
0.79% CRM SALESFORCE INC -- $20,906.54 94 2310525
0.78% CRWV COREWEAVE INC-CL A -- $20,782.16 476 BTTRKN7
0.78% TWLO TWILIO INC - A -- $20,698.88 103 BD6P5Q0
0.77% FIVN FIVE9 INC -- $20,552.28 602 BKY7X18
0.77% HPE HEWLETT PACKARD ENTERPRISE -- $20,490.24 464 BYVYWS0
0.76% TTAN SERVICETITAN INC-A -- $20,305.87 247 BPGN2Q7
0.76% ADBE ADOBE INC -- $20,208.08 82 2008154
0.72% HUBS HUBSPOT INC -- $19,061.28 93 BR4T3B3
0.67% SAP SAP SE-SPONSORED ADR -- $17,777.69 73 2775135
0.63% DELL DELL TECHNOLOGIES -C -- $16,796.23 53 BHKD3S6
0.63% NOW SERVICENOW INC -- $16,787.04 164 B80NXX8
0.61% FSLY FASTLY INC - CLASS A -- $16,348.94 1,063 BJN4MY9
0.61% APPN APPIAN CORP-A -- $16,317.06 302 BYPBTB9
0.53% WIX WIX.COM LTD -- $14,034.27 183 BFZCHN7
0.37% BOX BOX INC - CLASS A -- $9,842.30 226 BVB3BV2
0.36% DOCU DOCUSIGN INC -- $9,628.24 122 BFYT7B7
0.35% QTWO Q2 HOLDINGS INC -- $9,376.88 124 BKM4KV0
0.35% BLKB BLACKBAUD INC -- $9,374.40 168 2458878
0.34% VEEV VEEVA SYSTEMS INC-CLASS A -- $8,992.90 29 BFH3N85
0.33% ASAN ASANA INC - CL A -- $8,790.79 787 BLFDQC4
0.33% ZS ZSCALER INC -- $8,766.84 43 BZ00V34
0.32% QLYS QUALYS INC -- $8,584.09 43 B7XJTN8
0.32% PAYC PAYCOM SOFTWARE INC -- $8,500.68 34 BL95MY0
0.32% PCTY PAYLOCITY HOLDING CORP -- $8,478.50 50 BKM4N88
0.32% OTEX OPEN TEXT CORP -- $8,462.88 324 2655657
0.31% TOST TOAST INC-CLASS A -- $8,332.92 237 BP6D7B7
0.31% WDAY WORKDAY INC-CLASS A -- $8,206.97 41 B8K6ZD1
0.31% DBX DROPBOX INC-CLASS A -- $8,189.04 229 BG0T321
0.31% BL BLACKLINE INC -- $8,181.81 243 BD3WZS6
0.31% INTU INTUIT INC -- $8,161.32 23 2459020
0.31% KVYO KLAVIYO INC-A -- $8,157.52 392 BN4JNC6
0.30% APPF APPFOLIO INC - A -- $7,929.48 34 BYN7H48
0.29% CRWD CROWDSTRIKE HOLDINGS INC - A -- $7,602.00 35 BJJP138
0.28% TTD TRADE DESK INC/THE -CLASS A -- $7,545.09 589 BD8FDD1
0.28% ZM ZOOM COMMUNICATIONS INC -- $7,372.06 83 BGSP7M9
0.26% ESTC ELASTIC NV -- $6,904.40 82 BFXCLC6
0.25% PANW PALO ALTO NETWORKS INC -- $6,608.07 21 B87ZMX0
0.24% SNOW SNOWFLAKE INC -- $6,468.96 24 BN134B7
0.22% DDOG DATADOG INC - CLASS A -- $5,936.40 34 BKT9Y49
0.20% FIG FIGMA INC-CL A -- $5,421.36 294 BSML6T7
0.11% RXT RACKSPACE TECHNOLOGY INC -- $2,955.96 1,242 BN4RCJ0
53.38% -- ISE CLOUD COMPUTING INDEX SWAP BNP PARIBAS 1,419,214 -- 865 --
41.84% -- ISE CLOUD COMPUTING INDEX SWAP UBS AG 1,112,401 -- 678 --
33.88% -- ISE CLOUD COMPUTING INDEX SWAP BANK OF AMERICA NA 900,750 -- 549 --
24.37% -- ISE CLOUD COMPUTING INDEX SWAP GOLDMAN SACHS INTERNATIONAL 648,080 -- 395 --
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,407,258.03 1,407,258 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 9/30/2026

  • Total Number of Holdings65
  • Price/Earnings Ratio28.44
  • Price/Book Ratio11.15
  • Dividend Yield ( % )0.33
  • Avg. Index Market Capitalization$231.64 billion
About the Index

The ISE CTA Cloud Computing Index is designed to track the performance of companies involved in the cloud computing industry.

Distributions

For

2026
  • 2026
  • 2025
  • 2024
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital
Get the latest perspectives and updates.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Natural or environmental disasters, including pandemics and epidemics, have been and can be highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses.

Investing involves risk, including the possible loss of principal. Leveraged ProShares ETFs are non-diversified and entail certain risks, including risk associated with the use of derivatives (swap agreements, futures contracts and similar instruments), imperfect benchmark correlation, leverage and market price variance, all of which can increase volatility and decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Cloud computing companies are subject to rapid changes in technology, worldwide competition, rapid obsolescence of products and services, loss of patent protections, cyclical market patterns, evolving industry standards, frequent new product introductions, evolving regulation of the Internet and new privacy laws. Such companies are also susceptible to operational and information security risks.

The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

Nasdaq® is a registered trademark of Nasdaq, Inc. and is licensed for use by ProShare Advisors LLC. ProShares ETFs have not been passed on by Nasdaq, Inc. or its affiliates as to their legality or suitability. ProShares ETFs based on the ISE CTA Cloud Computing Index are not issued, sponsored, endorsed, sold, or promoted by Nasdaq, Inc. or its affiliates, and they make no representation regarding the advisability of investing in ProShares ETFs. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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