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UGE

Ultra Consumer Staples

Investment Objective

ProShares Ultra Consumer Staples seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Consumer Staples Select Sector Index.

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Important Considerations

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.

Common uses for magnified exposure

  • Seeking magnified gains (will also magnify losses)

  • Getting a target level of exposure for less cash

  • Overweighting a market segment without additional cash

Documents & Downloads
Fund Fact Sheet
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Annual Report
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Semi Annual Report
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NAV History
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You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Daily Return during Q2 2024

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 3/31/2024
Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
UGE Market Price 5.88% 12.07% 21.70% 12.07% 2.03% -5.69% 11.25% 11.14% 12.06% 01/30/2007
UGE NAV 6.02% 11.91% 21.58% 11.91% 1.84% -5.60% 11.20% 11.13% 12.05% 01/30/2007

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 UGE
  • Intraday Ticker UGE.IV
  • CUSIP 74347R768
  • Inception Date 1/30/07
  • Gross Expense Ratio 2.46%
  • Net Expense Ratio 0.95%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 4/19/2024
  • NAV $16.64
  • NAV Change $+0.31 up caret
  • Market Price $16.63
  • Market Price Change $+0.30 up caret
  • Trading Volume (M) 1,036
  • 30-Day Median Bid Ask Spread 0.12%
  • View Premium / Discount
Snapshot
  • Ticker UGE
  • Intraday Ticker UGE.IV
  • CUSIP 74347R768
  • Inception Date 1/30/07
  • Expense Ratio 0.95%
  • Gross Expense Ratio 2.46%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 4/19/2024
  • NAV $16.64
  • NAV Change $+0.31 up caret
  • Market Price $16.63
  • Market Price Change $+0.30 up caret
  • Trading Volume (M) 1,036
  • 30-Day Median Bid Ask Spread 0.12%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/24.

Exposures

Index as of 3/28/2024

Holdings

as of 4/19/2024

Exposure Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
63.25% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 4,419,055 -- 5,880 --
45.60% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP SOCIETE GENERALE 3,185,778 -- 4,239 --
11.58% PG PROCTER & GAMBLE CO/THE -- $809,360.52 5,118 2704407
9.80% COST COSTCO WHOLESALE CORP -- $684,677.15 965 2701271
8.45% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP UBS AG 590,710 -- 786 --
7.93% WMT WALMART INC -- $554,402.89 9,313 2936921
7.29% KO COCA-COLA CO/THE -- $509,339.05 8,465 2206657
3.85% PEP PEPSICO INC -- $268,856.72 1,544 2681511
3.65% PM PHILIP MORRIS INTERNATIONAL -- $254,679.32 2,716 B2PKRQ3
3.24% MDLZ MONDELEZ INTERNATIONAL INC-A -- $226,329.53 3,323 B8CKK03
2.81% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 196,152 -- 261 --
2.74% TGT TARGET CORP -- $191,693.70 1,139 2259101
2.62% MO ALTRIA GROUP INC -- $183,217.77 4,353 2692632
2.53% CL COLGATE-PALMOLIVE CO -- $177,048.16 2,032 2209106
1.51% KMB KIMBERLY-CLARK CORP -- $105,522.56 832 2491839
1.48% STZ CONSTELLATION BRANDS INC-A -- $103,497.90 397 2170473
1.41% GIS GENERAL MILLS INC -- $98,728.84 1,402 2367026
1.39% MNST MONSTER BEVERAGE CORP -- $96,874.22 1,823 BZ07BW4
1.35% SYY SYSCO CORP -- $94,301.17 1,229 2868165
1.32% KR KROGER CO -- $92,378.81 1,633 2497406
1.19% KVUE KENVUE INC -- $83,293.32 4,254 BQ84ZQ6
1.19% EL ESTEE LAUDER COMPANIES-CL A -- $82,891.34 574 2320524
1.18% ADM ARCHER-DANIELS-MIDLAND CO -- $82,381.60 1,316 2047317
1.16% KDP KEURIG DR PEPPER INC -- $80,986.50 2,571 BD3W133
1.12% DG DOLLAR GENERAL CORP -- $78,492.44 542 B5B1S13
1.06% KHC KRAFT HEINZ CO/THE -- $74,388.82 1,969 BYRY499
0.98% HSY HERSHEY CO/THE -- $68,457.40 370 2422806
0.91% CHD CHURCH & DWIGHT CO INC -- $63,444.80 608 2195841
0.89% DLTR DOLLAR TREE INC -- $62,357.33 511 2272476
0.66% MKC MCCORMICK & CO-NON VTG SHRS -- $45,904.32 621 2550161
0.63% CLX CLOROX COMPANY -- $43,926.30 306 2204026
0.61% TSN TYSON FOODS INC-CL A -- $42,384.65 707 2909730
0.56% BG BUNGE GLOBAL SA -- $39,208.16 358 BQ6BPG9
0.53% K KELLANOVA -- $37,354.38 651 2486813
0.52% CAG CONAGRA BRANDS INC -- $36,131.60 1,180 2215460
0.46% WBA WALGREENS BOOTS ALLIANCE INC -- $32,248.32 1,768 BTN1Y44
0.43% SJM JM SMUCKER CO/THE -- $30,067.12 262 2951452
0.42% TAP MOLSON COORS BEVERAGE CO - B -- $29,353.11 457 B067BM3
0.41% LW LAMB WESTON HOLDINGS INC -- $28,917.00 357 BDQZFJ3
0.36% HRL HORMEL FOODS CORP -- $24,873.84 716 2437264
0.31% BF/B BROWN-FORMAN CORP-CLASS B -- $21,880.76 446 2146838
0.31% CPB CAMPBELL SOUP CO -- $21,481.20 486 2162845
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,425,688.50 1,425,689 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 3/28/2024

  • Total Number of Companies38
  • Price/Earnings Ratio20.847
  • Price/Book Ratio5.94
  • Dividend Yield ( % )2.75
  • Avg. Index Market Capitalization$73.13 billion
About the Index

The Index represents the consumer staples sector of the S&P 500 Index (“S&P 500”). The Index is one of eleven S&P Select Sector Indices, each designed to measure the performance of a sector of the S&P 500. The Index includes equity securities of companies from the following Global Industry Classification Standard (GICS®) industries: food & staples retailing; beverages; food products; tobacco; household products; and personal products.

Distributions

For

2024
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series

Part I: The Significance of Portfolio Hedging

Investing involves risk. Market downturns will happen. Having a sound investment strategy can help smooth out the turbulence in your portfolio and save you from getting caught up in a herd mentality of selling low into a down market.
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Part II: Strategies for Hedging Your Portfolio

Part III: The Efficacy of Hedging with Inverse ETFs
Get the latest perspectives and updates.

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.

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.

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.

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.

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.

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

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.

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.

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.

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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