SKYU

Ultra Nasdaq Cloud Computing

Investment Objective

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

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Performance

Daily Return during Q1 2023

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

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
SKYU Market Price -17.61% -14.96% -31.76% -75.94% -75.94% -- -- -- -49.50% 01/19/2021
SKYU NAV -17.60% -14.75% -32.04% -75.74% -75.74% -- -- -- -49.47% 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
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 3.49%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 12/31/2022
  • SEC 30-Day Yield 0.35%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 1/27/2023
  • NAV $13.02
  • NAV Change $+0.42 up caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.35%
  • View Premium / Discount
Snapshot
  • Ticker SKYU
  • Intraday Ticker SKYU.IV
  • CUSIP 74347G788
  • Inception Date 1/19/21
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 3.49%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Characteristics
as of 12/31/2022
  • SEC 30-Day Yield 0.35%

    SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.

Price
as of 1/27/2023
  • NAV $13.02
  • NAV Change $+0.42 up caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.35%
  • View Premium / Discount

The expense ratio above has a contractual waiver ending 9/30/23.

Exposures

Index as of 12/30/2022

Holdings

as of 1/27/2023

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
94.85% -- ISE CLOUD COMPUTING INDEX SWAP BANK OF AMERICA NA 1,543,807 -- 2,169 --
13.86% -- ISE CLOUD COMPUTING INDEX SWAP BNP PARIBAS GOLDMAN SACHS INTERNATIONAL 225,628 -- 317 --
9.14% -- ISE CLOUD COMPUTING INDEX SWAP UBS AG TIONAL 148,758 -- 209 --
8.57% -- ISE CLOUD COMPUTING INDEX SWAP GOLDMAN SACHS INTERNATIONAL 139,505 -- 196 --
3.23% MDB MONGODB INC -- $52,642.35 235 BF2FJ99
2.84% ORCL ORACLE CORP -- $46,185.81 519 2661568
2.80% AMZN AMAZON.COM INC -- $45,599.04 446 2000019
2.62% NTNX NUTANIX INC - A -- $42,641.52 1,524 BYQBFT8
2.61% GOOGL ALPHABET INC-CL A -- $42,430.99 427 BYVY8G0
2.58% MSFT MICROSOFT CORP -- $41,939.04 169 2588173
2.57% PSTG PURE STORAGE INC - CLASS A -- $41,770.80 1,476 BYZ62T3
2.39% ANET ARISTA NETWORKS INC -- $38,952.54 309 BN33VM5
2.39% IBM INTL BUSINESS MACHINES CORP -- $38,838.71 289 2005973
2.13% LUMN LUMEN TECHNOLOGIES INC -- $34,718.27 6,563 BMDH249
1.91% NET CLOUDFLARE INC - CLASS A -- $31,069.35 585 BJXC5M2
1.72% CSCO CISCO SYSTEMS INC -- $28,038.78 578 2198163
1.72% DOCN DIGITALOCEAN HOLDINGS INC -- $27,980.16 944 BNC23Q1
1.65% TEAM ATLASSIAN CORP-CL A -- $26,937.00 164 BQ1PC76
1.63% TWLO TWILIO INC - A -- $26,511.21 439 BD6P5Q0
1.63% AKAM AKAMAI TECHNOLOGIES INC -- $26,488.26 303 2507457
1.62% SHOP SHOPIFY INC - CLASS A -- $26,442.24 528 BXDZ9Z0
1.62% SPLK SPLUNK INC -- $26,392.56 277 B424494
1.57% HUBS HUBSPOT INC -- $25,477.64 71 BR4T3B3
1.48% HCP HASHICORP INC-CL A -- $24,063.48 756 BP0PQT0
1.47% NOW SERVICENOW INC -- $23,860.72 52 B80NXX8
1.45% WK WORKIVA INC -- $23,656.20 267 BSS6HY8
1.43% RNG RINGCENTRAL INC-CLASS A -- $23,205.14 581 BDZCRX3
1.41% ADBE ADOBE INC -- $22,984.02 62 2008154
1.35% CRM SALESFORCE INC -- $22,045.68 134 2310525
1.35% CFLT CONFLUENT INC-CLASS A -- $21,963.15 935 BNXH3Z4
1.28% NTAP NETAPP INC -- $20,907.26 319 2630643
1.27% HPE HEWLETT PACKARD ENTERPRISE -- $20,723.76 1,284 BYVYWS0
1.16% APP APPLOVIN CORP-CLASS A -- $18,822.05 1,495 BMV3LG4
0.97% APPN APPIAN CORP-A -- $15,792.84 378 BYPBTB9
0.95% FSLY FASTLY INC - CLASS A -- $15,466.30 1,466 BJN4MY9
0.90% SAP SAP SE-SPONSORED ADR -- $14,717.30 130 2775135
0.86% WIX WIX.COM LTD -- $14,034.93 159 BFZCHN7
0.66% XM QUALTRICS INTERNATIONAL-CL A -- $10,801.00 700 BM9PJH9
0.62% SMAR SMARTSHEET INC-CLASS A -- $10,146.24 234 BFZND98
0.56% COUP COUPA SOFTWARE INC -- $9,091.50 114 BD87XR1
0.56% DOCU DOCUSIGN INC -- $9,065.25 153 BFYT7B7
0.55% TOST TOAST INC-CLASS A -- $8,903.07 391 BP6D7B7
0.53% QTWO Q2 HOLDINGS INC -- $8,664.48 264 BKM4KV0
0.52% EB EVENTBRITE INC-CLASS A -- $8,468.46 987 BF5L3R0
0.52% BOX BOX INC - CLASS A -- $8,415.44 262 BVB3BV2
0.51% OTEX OPEN TEXT CORP -- $8,286.24 244 2655657
0.50% SQSP SQUARESPACE INC - CLASS A -- $8,179.50 350 BKPGJQ1
0.49% SNOW SNOWFLAKE INC-CLASS A -- $7,968.00 50 BN134B7
0.49% SPT SPROUT SOCIAL INC - CLASS A -- $7,941.23 121 BKTNTS0
0.47% WDAY WORKDAY INC-CLASS A -- $7,639.38 43 B8K6ZD1
0.47% INTU INTUIT INC -- $7,607.16 18 2459020
0.47% BL BLACKLINE INC -- $7,603.38 106 BD3WZS6
0.46% BLKB BLACKBAUD INC -- $7,475.38 121 2458878
0.45% DDOG DATADOG INC - CLASS A -- $7,336.85 95 BKT9Y49
0.45% RXT RACKSPACE TECHNOLOGY INC -- $7,307.28 2,388 BN4RCJ0
0.44% EVBG EVERBRIDGE INC -- $7,178.60 220 BYY5ZB4
0.44% TTD TRADE DESK INC/THE -CLASS A -- $7,169.10 138 BD8FDD1
0.44% DBX DROPBOX INC-CLASS A -- $7,133.95 305 BG0T321
0.43% ZM ZOOM VIDEO COMMUNICATIONS-A -- $7,044.25 95 BGSP7M9
0.43% ZUO ZUORA INC - CLASS A -- $7,012.50 935 BFXZB14
0.43% ESTC ELASTIC NV -- $6,943.95 117 BFXCLC6
0.42% ZS ZSCALER INC -- $6,886.08 54 BZ00V34
0.42% PCTY PAYLOCITY HOLDING CORP -- $6,818.46 33 BKM4N88
0.42% PAYC PAYCOM SOFTWARE INC -- $6,767.04 21 BL95MY0
0.41% PANW PALO ALTO NETWORKS INC -- $6,710.76 42 B87ZMX0
0.41% APPF APPFOLIO INC - A -- $6,678.63 63 BYN7H48
0.41% QLYS QUALYS INC -- $6,621.28 58 B7XJTN8
0.40% VEEV VEEVA SYSTEMS INC-CLASS A -- $6,515.10 38 BFH3N85
0.39% CRWD CROWDSTRIKE HOLDINGS INC - A -- $6,365.35 61 BJJP138
0.38% ASAN ASANA INC - CL A -- $6,138.30 395 BLFDQC4
0.36% DOMO DOMO INC - CLASS B -- $5,923.24 397 BFZNZC5
-- -- NET OTHER ASSETS (LIABILITIES) -- $415,583.68 415,584 --

Index

as of 12/30/2022

  • Total Number of Companies67
  • Price/Earnings Ratio214.37
  • Price/Book Ratio3.96
  • Dividend Yield ( % )0.95
  • Avg. Index Market Capitalization$73.35 billion
About the Index

The ISE CTA Cloud Computing IndexTM is designed to track the performance of companies involved in the cloud computing industry. The index provides access to companies classified as “cloud computing” by the Consumer Technology Association (CTA): firms providing Infrastructure-as-a-Service (servers, storage, and networks), Platform-as-a-Service (systems for the creation of online software) and Software-as-a-Service (software applications delivered over the internet) to their customers and end users.

Distributions

Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series Research & Insights

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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 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, holding periods of greater than one day can result in returns that are significantly different than the target return, and 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. Investors should consult the prospectus for further details on the calculation of the returns and the risks associated with investing in this product.

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 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.

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.

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 ETFs (ProShares Trust and ProShares Trust II) are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.

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