UPW
Ultra Utilities
Investment Objective
ProShares Ultra Utilities seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Utilities Select Sector Index.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Daily Return during Q3 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| UPW Market Price | -12.47% | -6.71% | -8.68% | -22.68% | -30.51% | 3.85% | 3.30% | 11.45% | 7.48% | 01/30/2007 |
| UPW NAV | -12.77% | -6.91% | -8.56% | -22.81% | -30.64% | 3.83% | 3.30% | 11.37% | 7.47% | 01/30/2007 |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| UPW Market Price | 2.61% | -6.93% | -14.95% | -14.95% | -14.79% | 10.10% | 6.23% | 12.06% | 8.19% | 01/30/2007 |
| UPW NAV | 2.46% | -7.16% | -15.03% | -15.03% | -15.21% | 10.14% | 6.33% | 12.12% | 8.18% | 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 UPW
- Intraday Ticker UPW.IV
- CUSIP 74347R685
- Inception Date 1/30/07
- Gross Expense Ratio 1.36%
- Net Expense Ratio 0.95%*
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 9/28/2023- NAV $46.61
- NAV Change $-2.14
- Market Price $46.58
- Market Price Change $-2.17
- Trading Volume (M) 1,355
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Snapshot
- Ticker UPW
- Intraday Ticker UPW.IV
- CUSIP 74347R685
- Inception Date 1/30/07
- Expense Ratio 0.95%*
- Gross Expense Ratio 1.36%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 9/28/2023- NAV $46.61
- NAV Change $-2.14
- Market Price $46.58
- Market Price Change $-2.17
- Trading Volume (M) 1,355
- 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 6/30/2023
Holdings
as of 9/28/2023
| Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 67.94% | -- | UTILITIES SELECT SECTOR INDEX SWAP BANK OF AMERICA NA | 4,908,331 | -- | 8,245 | -- |
| 26.57% | -- | UTILITIES SELECT SECTOR INDEX SWAP SOCIETE GENERALE | 1,919,279 | -- | 3,224 | -- |
| 14.81% | -- | UTILITIES SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL | 1,069,772 | -- | 1,797 | -- |
| 10.93% | -- | UTILITIES SELECT SECTOR INDEX SWAP UBS AG | 789,976 | -- | 1,327 | -- |
| 10.62% | NEE | NEXTERA ENERGY INC | -- | $767,326.44 | 13,443 | 2328915 |
| 6.52% | SO | SOUTHERN CO/THE | -- | $471,367.08 | 7,244 | 2829601 |
| 6.28% | DUK | DUKE ENERGY CORP | -- | $454,041.60 | 5,120 | B7VD3F2 |
| 3.92% | SRE | SEMPRA | -- | $283,278.60 | 4,180 | 2138158 |
| 3.54% | AEP | AMERICAN ELECTRIC POWER | -- | $255,520.74 | 3,422 | 2026242 |
| 3.47% | EXC | EXELON CORP | -- | $250,424.68 | 6,611 | 2670519 |
| 3.40% | D | DOMINION ENERGY INC | -- | $245,374.26 | 5,559 | 2542049 |
| 3.23% | CEG | CONSTELLATION ENERGY | -- | $233,507.52 | 2,136 | BMH4FS1 |
| 3.13% | PCG | P G & E CORP | -- | $226,161.76 | 13,892 | 2689560 |
| 2.88% | XEL | XCEL ENERGY INC | -- | $208,371.68 | 3,664 | 2614807 |
| 2.71% | ED | CONSOLIDATED EDISON INC | -- | $195,857.59 | 2,291 | 2216850 |
| 2.60% | PEG | PUBLIC SERVICE ENTERPRISE GP | -- | $187,884.56 | 3,316 | 2707677 |
| 2.32% | WEC | WEC ENERGY GROUP INC | -- | $167,348.60 | 2,095 | BYY8XK8 |
| 2.24% | EIX | EDISON INTERNATIONAL | -- | $161,900.14 | 2,546 | 2829515 |
| 2.21% | AWK | AMERICAN WATER WORKS CO INC | -- | $159,788.94 | 1,293 | B2R3PV1 |
| 1.87% | DTE | DTE ENERGY COMPANY | -- | $135,123.10 | 1,370 | 2280220 |
| 1.84% | ES | EVERSOURCE ENERGY | -- | $133,017.84 | 2,319 | BVVN4Q8 |
| 1.80% | AEE | AMEREN CORPORATION | -- | $129,897.80 | 1,745 | 2050832 |
| 1.79% | ETR | ENTERGY CORP | -- | $129,667.45 | 1,405 | 2317087 |
| 1.64% | FE | FIRSTENERGY CORP | -- | $118,505.96 | 3,428 | 2100920 |
| 1.58% | PPL | PPL CORP | -- | $114,468.48 | 4,896 | 2680905 |
| 1.55% | CNP | CENTERPOINT ENERGY INC | -- | $111,953.10 | 4,193 | 2440637 |
| 1.45% | ATO | ATMOS ENERGY CORP | -- | $104,427.26 | 986 | 2315359 |
| 1.41% | CMS | CMS ENERGY CORP | -- | $102,132.60 | 1,938 | 2219224 |
| 1.12% | LNT | ALLIANT ENERGY CORP | -- | $80,692.74 | 1,679 | 2973821 |
| 1.06% | EVRG | EVERGY INC | -- | $76,940.92 | 1,526 | BFMXGR0 |
| 0.93% | NI | NISOURCE INC | -- | $67,527.00 | 2,745 | 2645409 |
| 0.92% | AES | AES CORP | -- | $66,186.24 | 4,448 | 2002479 |
| 0.81% | NRG | NRG ENERGY INC | -- | $58,262.16 | 1,522 | 2212922 |
| 0.77% | PNW | PINNACLE WEST CAPITAL | -- | $55,322.91 | 753 | 2048804 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $1,472,246.99 | 1,472,247 | -- |
Index
as of 6/30/2023
- Total Number of Companies30
- Price/Earnings Ratio19.926
- Price/Book Ratio2.021
- Dividend Yield ( % )3.28
- Avg. Index Market Capitalization$32.17 billion
About the Index
The Index represents the utilities 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: electric utilities; gas utilities; multi-utilities; water utilities; and independent power and renewable electricity producers.
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.
Distributions
For
- 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 |
|---|