UltraPro Communication Services Select Sector - UCOM UltraPro Communication Services Select Sector

ProShares UltraPro Communication Services Select Sector seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P Communication Services Select Sector Index.

This leveraged ProShares ETF seeks a return that is 3x 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.

  • Read more about ProShares Communication Services Select Sector ETFs.
  • Learn More about considerations for geared investing.

Index/Benchmark Summary

The S&P Communication Services Select Sector Index is designed to measure the performance of the communication services sector of the S&P 500. It includes companies within the S&P 500 that have been identified by the Global Industry Classification Standard (GICS®) as part of diversified telecommunication services, wireless telecommunication services, media, entertainment, or interactive media and services industries.

Fundamentals as of 9/30/19

Total Number of Companies 27
Price/Earnings Ratio 19.98
Price/Book Ratio 3.27
Dividend Yield *(%) 1.00
Average Index Market Capitalization $99.65 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
Facebook Inc.-Class A 18.04%
Alphabet Inc.-Class C 11.75%
Alphabet Inc.-Class A 11.66%
Verizon Communications Inc. 4.68%
AT&T Inc. 4.65%
Charter Communications Inc.-Class A 4.51%
Comcast Corp.-Class A 4.48%
Activision Blizzard Inc. 4.40%
Walt Disney Co. 4.39%
Netflix Inc. 4.23%

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
Interactive Media & Services 46.15%
Media 19.86%
Entertainment 19.79%
Diversified Telecommunication Services 10.94%
Wireless Telecommunication Services 3.27%

§ Sum of weightings may not equal 100% due to rounding.