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UDOW

UltraPro Dow30

Investment Objective

ProShares UltraPro® Dow30 seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the Dow Jones Industrial AverageSM.

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Important Considerations

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, 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.

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
This links to a pdf file This link opens a new window

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

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

Month-End Total Returns as of 2/28/2023
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
UDOW Market Price -12.66% -18.28% 3.15% -6.03% -21.29% 7.30% 2.80% 20.74% 24.18% 02/09/2010
UDOW NAV -12.49% -18.33% 3.36% -5.91% -21.09% 7.86% 2.83% 20.73% 24.20% 02/09/2010

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 UDOW
  • Intraday Ticker UDOW.IV
  • CUSIP 74347X823
  • Inception Date 2/9/10
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 0.95%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 3/28/2023
  • NAV $51.39
  • NAV Change $-0.20 down caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker UDOW
  • Intraday Ticker UDOW.IV
  • CUSIP 74347X823
  • Inception Date 2/9/10
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 0.95%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 3/28/2023
  • NAV $51.39
  • NAV Change $-0.20 down caret
  • Market Price $0.00
  • Market Price Change $0.00
  • Trading Volume (M) 0
  • 30-Day Median Bid Ask Spread 0.00%
  • 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 3/28/2023

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
37.03% -- DJ INDUSTRIAL AVERAGE SWAP BANK OF AMERICA NA 211,242,904 -- 6,521 --
33.60% -- DJ INDUSTRIAL AVERAGE SWAP BARCLAYS CAPITAL CITIBANK NA 191,676,777 -- 5,917 --
31.34% -- DJ INDUSTRIAL AVERAGE SWAP UBS AG 178,783,866 -- 5,519 --
29.81% -- DJ INDUSTRIAL AVERAGE INDEX SWAP BNP PARIBAS 170,037,418 -- 5,249 --
28.33% -- DJ INDUSTRIAL AVERAGE SWAP SOCIETE GENERALE 161,614,913 -- 4,989 --
26.43% -- DJ INDUSTRIAL AVERAGE SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 150,762,840 -- 4,654 --
19.59% -- DJ INDUSTRIAL AVERAGE SWAP CITIBANK NA 111,727,768 -- 3,449 --
8.36% UNH UNITEDHEALTH GROUP INC -- $47,664,418.80 100,860 2917766
6.97% -- DJIA MINI E-CBOT EQUITY INDEX 16/JUN/2023 DMM3 INDEX 39,757,360 -- 244 --
5.63% GS GOLDMAN SACHS GROUP INC -- $32,117,858.40 100,860 2407966
4.97% HD HOME DEPOT INC -- $28,336,142.10 100,905 2434209
4.88% MCD MCDONALD'S CORP -- $27,822,231.00 100,860 2550707
4.87% MSFT MICROSOFT CORP -- $27,759,697.80 100,860 2588173
4.22% AMGN AMGEN INC -- $24,053,092.80 100,860 2023607
3.90% V VISA INC-CLASS A SHARES -- $22,222,704.13 100,861 B2PZN04
3.89% CAT CATERPILLAR INC -- $22,206,218.24 100,864 2180201
3.62% BA BOEING CO/THE -- $20,670,830.88 100,853 2108601
3.40% CRM SALESFORCE INC -- $19,394,608.80 100,856 2310525
3.33% HON HONEYWELL INTERNATIONAL INC -- $18,976,913.28 100,984 2020459
2.93% TRV TRAVELERS COS INC/THE -- $16,731,486.20 100,865 2769503
2.82% CVX CHEVRON CORP -- $16,087,596.81 100,869 2838555
2.82% AXP AMERICAN EXPRESS CO -- $16,058,398.23 100,863 2026082
2.79% AAPL APPLE INC -- $15,901,524.90 100,866 2046251
2.69% JNJ JOHNSON & JOHNSON -- $15,321,826.22 100,921 2475833
2.59% PG PROCTER & GAMBLE CO/THE -- $14,763,186.84 100,869 2704407
2.54% WMT WALMART INC -- $14,485,509.87 100,867 2936921
2.29% IBM INTL BUSINESS MACHINES CORP -- $13,045,361.74 100,861 2005973
2.28% JPM JPMORGAN CHASE & CO -- $12,998,192.40 100,855 2190385
2.08% NKE NIKE INC -CL B -- $11,888,014.59 100,857 2640147
1.87% MRK MERCK & CO. INC. -- $10,643,439.21 100,857 2778844
1.80% MMM 3M CO -- $10,260,682.48 100,852 2595708
1.68% DIS WALT DISNEY CO/THE -- $9,562,597.00 100,850 2270726
1.09% KO COCA-COLA CO/THE -- $6,194,575.52 100,856 2206657
0.94% DOW DOW INC -- $5,336,449.69 100,859 BHXCF84
0.89% CSCO CISCO SYSTEMS INC -- $5,081,932.28 100,852 2198163
0.67% VZ VERIZON COMMUNICATIONS INC -- $3,832,338.00 100,851 2090571
0.60% WBA WALGREENS BOOTS ALLIANCE INC -- $3,410,679.36 100,848 BTN1Y44
0.52% INTC INTEL CORP -- $2,953,837.92 100,848 2463247
-- -- NET OTHER ASSETS (LIABILITIES) -- $74,669,945.51 74,669,946 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 12/30/2022

  • Total Number of Companies30
  • Price/Earnings Ratio17.238
  • Price/Book Ratio4.443
  • Dividend Yield ( % )2.07
  • Avg. Index Market Capitalization$322.39 billion
About the Index

The Dow Jones Industrial Average is a price-weighted index that is calculated as a simple average. The Index includes 30 large-cap, blue-chip U.S. stocks, excluding utility and transportation companies. They represent the leading U.S. companies in the industries driving the U.S. stock market, are widely held by investors and have long records of sustained growth.

Distributions

For

2023
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

Portfolio Hedging Series Research & Insights

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.
Read More

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 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, 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.

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.

The "The Dow 30SM" and "Dow Jones Industrial Average" are products of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC ("CME Indexes"). "Dow Jones,®" "DJ," "Dow Jones Indexes," "The Dow 30" and "Dow Jones Industrial Average" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones") and have been licensed to CME Indexes and sublicensed to ProShares. ProShares have not been passed on by CME Indexes or Dow Jones as to their legality or suitability. ProShares based on The Dow 30 are not sponsored, endorsed, sold or promoted by CME Indexes or Dow Jones, and they make no representation regarding the advisability of investing in ProShares. 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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