menu-iconbanner-menu-icon-open

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.

How to buy
View all Fund detail sections
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
This links to a pdf file This link opens a new window
Annual Report
This links to a pdf file This link opens a new window
Semi Annual Report
This links to a pdf file This link opens a new window
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 Q4 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 10/31/2023
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
UGE Market Price -3.57% -20.29% -24.08% -9.08% -19.52% -0.07% 6.85% 9.02% 10.82% 01/30/2007
UGE NAV -3.57% -20.48% -24.38% -9.03% -19.44% -0.22% 7.18% 9.13% 10.82% 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 1.80%
  • Net Expense Ratio 0.95%*
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 11/30/2023
  • NAV $15.14
  • NAV Change $+0.30 up caret
  • Market Price $15.12
  • Market Price Change $+0.29 up caret
  • Trading Volume (M) 15,569
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker UGE
  • Intraday Ticker UGE.IV
  • CUSIP 74347R768
  • Inception Date 1/30/07
  • Expense Ratio 0.95%*
  • Gross Expense Ratio 1.80%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 11/30/2023
  • NAV $15.14
  • NAV Change $+0.30 up caret
  • Market Price $15.12
  • Market Price Change $+0.29 up caret
  • Trading Volume (M) 15,569
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount

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

Exposures

Index as of 9/29/2023

Holdings

as of 11/30/2023

Exposure Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
87.11% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP BANK OF AMERICA NA 4,616,415 -- 6,503 --
20.33% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP SOCIETE GENERALE 1,077,613 -- 1,518 --
11.69% PG PROCTER & GAMBLE CO/THE -- $619,453.20 4,035 2704407
10.85% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP UBS AG 575,011 -- 810 --
8.49% COST COSTCO WHOLESALE CORP -- $449,889.66 759 2701271
7.48% PEP PEPSICO INC -- $396,491.24 2,356 2681511
7.18% WMT WALMART INC -- $380,350.67 2,443 2936921
3.60% MDLZ MONDELEZ INTERNATIONAL INC-A -- $190,867.16 2,686 B8CKK03
3.56% KO COCA-COLA CO/THE -- $188,761.20 3,230 2206657
3.54% PM PHILIP MORRIS INTERNATIONAL -- $187,746.96 2,011 B2PKRQ3
3.50% -- CONSUMER STAPLES SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL 185,281 -- 261 --
2.78% MO ALTRIA GROUP INC -- $147,308.16 3,504 2692632
2.43% CL COLGATE-PALMOLIVE CO -- $128,552.64 1,632 2209106
2.30% TGT TARGET CORP -- $121,900.91 911 2259101
1.56% KMB KIMBERLY-CLARK CORP -- $82,651.64 668 2491839
1.53% MNST MONSTER BEVERAGE CORP -- $80,960.20 1,468 BZ07BW4
1.47% ADM ARCHER-DANIELS-MIDLAND CO -- $78,006.34 1,058 2047317
1.44% STZ CONSTELLATION BRANDS INC-A -- $76,475.82 318 2170473
1.39% GIS GENERAL MILLS INC -- $73,527.30 1,155 2367026
1.36% SYY SYSCO CORP -- $71,953.49 997 2868165
1.31% KVUE KENVUE INC -- $69,557.32 3,403 BQ84ZQ6
1.18% KDP KEURIG DR PEPPER INC -- $62,698.02 1,986 BD3W133
1.10% EL ESTEE LAUDER COMPANIES-CL A -- $58,482.02 458 2320524
1.09% KR KROGER CO -- $57,728.08 1,304 2497406
1.07% DG DOLLAR GENERAL CORP -- $56,774.96 433 B5B1S13
1.05% HSY HERSHEY CO/THE -- $55,624.32 296 2422806
1.04% KHC KRAFT HEINZ CO/THE -- $55,333.36 1,576 BYRY499
0.96% DLTR DOLLAR TREE INC -- $51,042.67 413 2272476
0.89% CHD CHURCH & DWIGHT CO INC -- $46,962.18 486 2195841
0.66% CLX CLOROX COMPANY -- $34,977.40 244 2204026
0.62% BG BUNGE GLOBAL SA -- $32,631.39 297 BQ6BPG9
0.61% MKC MCCORMICK & CO-NON VTG SHRS -- $32,155.68 496 2550161
0.54% LW LAMB WESTON HOLDINGS INC -- $28,808.64 288 BDQZFJ3
0.53% WBA WALGREENS BOOTS ALLIANCE INC -- $28,215.10 1,415 BTN1Y44
0.52% K KELLANOVA -- $27,320.80 520 2486813
0.50% CAG CONAGRA BRANDS INC -- $26,677.47 943 2215460
0.50% TSN TYSON FOODS INC-CL A -- $26,417.76 564 2909730
0.43% SJM JM SMUCKER CO/THE -- $22,933.57 209 2951452
0.43% TAP MOLSON COORS BEVERAGE CO - B -- $22,523.64 366 B067BM3
0.40% BF/B BROWN-FORMAN CORP-CLASS B -- $21,205.14 361 2146838
0.33% HRL HORMEL FOODS CORP -- $17,497.48 572 2437264
0.29% CPB CAMPBELL SOUP CO -- $15,589.84 388 2162845
-- -- NET OTHER ASSETS (LIABILITIES) -- $1,173,446.36 1,173,446 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 9/29/2023

  • Total Number of Companies38
  • Price/Earnings Ratio19.289
  • Price/Book Ratio5.475
  • Dividend Yield ( % )2.69
  • Avg. Index Market Capitalization$70.37 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

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

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 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. ("SIDCO"), which is not affiliated with the funds' advisor or sponsor. SIDCO is located at 1 Freedom Valley Drive, Oaks, PA 19456.

Your use of this site signifies that you accept our Terms and Conditions of Use.