Ultra MSCI Brazil Capped - UBR Ultra MSCI Brazil Capped

ProShares Ultra MSCI Brazil Capped seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the MSCI Brazil 25/50 Index®.

Because the value of the index is not computed as of the close of the U.S. securities markets due to differences in trading hours between U.S. and foreign markets, correlation to the index will be measured by comparing the daily change in the fund's net asset value per share to the performance of one or more U.S. exchange traded securities or instruments that reflect the values of the securities underlying the index as of the close of the U.S. securities markets.

This leveraged ProShares ETF seeks a return that is 2x the return of its underlying benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. These effects may be more pronounced in funds with larger or inverse multiples and in funds with volatile benchmarks. Investors should monitor their holdings as frequently as daily. For more on risks, please read the prospectus.

  • Considerations for Geared Investing – Learn More
  • Learn more about measuring international fund correlation versus the index.

Index/Benchmark Summary

The MSCI Brazil 25/50 Index® is a free-float-adjusted, market capitalization weighted index that is designed to measure the equity market performance of the Brazilian market. The Index is divided into large- and mid-cap segments and targets approximately 85% of free-float-adjusted market capitalization of the region.

Fundamentals as of 9/30/19

Total Number of Companies 55
Price/Earnings Ratio 13.26
Price/Book Ratio 2.14
Dividend Yield *(%) 3.57
Average Index Market Capitalization $13.66 billion

* Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Index Holdings Information as of 9/30/19

Top 10 Index Companies Weight
Itau Unibanco Holding SA-PN 10.07%
Vale SA-ON 8.99%
Banco Bradesco-PN 8.12%
Petrobras SA-PN 6.87%
Ambev SA-ON 5.39%
B3 (Brasil Bolsa Balcao) SA 5.33%
Petrobras SA-ON 5.33%
Itausa-PN 3.45%
Lojas Renner-ON 2.38%
Banco Brasil SA-ON 2.32%

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

Index Holdings as of 9/30/19

Index Sector Weightings § Weight
Financials 37.44%
Energy 13.49%
Materials 12.42%
Consumer Staples 12.36%
Consumer Discretionary 7.32%
Industrials 6.34%
Utilities 4.97%
Communication Services 2.06%
Health Care 1.86%
Real Estate 1.16%
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§ Sum of weightings may not equal 100% due to rounding.