USD

Ultra Semiconductors

Investment Objective

ProShares Ultra Semiconductors seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. SemiconductorsSM Index.

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

Performance

Daily Return during Q1 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

Fund 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
USD Market Price 17.55% 89.25% 33.56% 17.55% 192.66% 33.61% 50.46% 41.19% 20.91% 01/30/2007
USD NAV 17.43% 89.28% 33.77% 17.43% 192.45% 33.46% 50.42% 41.17% 20.91% 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 USD
  • Intraday Ticker USD.IV
  • CUSIP 74347R669
  • Inception Date 1/30/07
  • Gross Expense Ratio 1.03%
  • Net Expense Ratio 0.95%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 2/22/2024
  • NAV $85.01
  • NAV Change $+13.46 up caret
  • Market Price $84.77
  • Market Price Change $+13.26 up caret
  • Trading Volume (M) 738,636
  • 30-Day Median Bid Ask Spread 0.00%
  • View Premium / Discount
Snapshot
  • Ticker USD
  • Intraday Ticker USD.IV
  • CUSIP 74347R669
  • Inception Date 1/30/07
  • Expense Ratio 0.95%
  • Gross Expense Ratio 1.03%
  • NAV Calculation Time 4:00 p.m. ET
  • Distributions Quarterly
Price
as of 2/22/2024
  • NAV $85.01
  • NAV Change $+13.46 up caret
  • Market Price $84.77
  • Market Price Change $+13.26 up caret
  • Trading Volume (M) 738,636
  • 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 12/29/2023

Holdings

as of 2/22/2024

Exposure Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
44.86% -- DJ U.S. SEMICONDUCTORS INDEX SWAP UBS AG 285,616,441 -- 19,798 --
28.48% NVDA NVIDIA CORP -- $181,318,324.50 230,867 2379504
23.66% -- DJ U.S. SEMICONDUCTORS INDEX SWAP BANK OF AMERICA NA 150,641,826 -- 10,442 --
22.82% -- DJ U.S. SEMICONDUCTORS INDEX SWAP MORGAN STANLEY & CO. INTERNATIONAL PLC 145,275,157 -- 10,070 --
15.73% -- DJ U.S. SEMICONDUCTORS INDEX SWAP JP MORGAN SECURITIES 100,134,545 -- 6,941 --
15.20% -- DJ U.S. SEMICONDUCTORS INDEX SWAP BNP PARIBAS BANK OF AMERICA NA 96,802,016 -- 6,710 --
8.67% -- DJ U.S. SEMICONDUCTORS INDEX SWAP SOCIETE GENERALE 55,181,477 -- 3,825 --
8.41% AVGO BROADCOM INC -- $53,534,827.40 41,026 BDZ78H9
6.35% -- DJUSSC SWAPS NOTIONAL=0 40,423,137 -- 2,802 --
4.31% AMD ADVANCED MICRO DEVICES -- $27,463,224.18 151,013 2007849
2.66% INTC INTEL CORP -- $16,937,085.62 394,069 2463247
2.53% QCOM QUALCOMM INC -- $16,099,725.75 104,037 2714923
2.45% AMAT APPLIED MATERIALS INC -- $15,617,687.62 78,194 2046552
2.21% TXN TEXAS INSTRUMENTS INC -- $14,044,014.42 84,894 2885409
1.83% LRCX LAM RESEARCH CORP -- $11,636,403.92 12,322 2502247
1.40% ADI ANALOG DEVICES INC -- $8,939,167.80 46,580 2032067
1.38% MU MICRON TECHNOLOGY INC -- $8,815,139.19 102,609 2588184
1.37% KLAC KLA CORP -- $8,692,084.24 12,712 2480138
0.91% NXPI NXP SEMICONDUCTORS NV -- $5,768,836.50 24,087 B505PN7
0.89% MRVL MARVELL TECHNOLOGY INC -- $5,635,155.24 80,652 BNKJSM5
0.67% MCHP MICROCHIP TECHNOLOGY INC -- $4,243,494.20 50,578 2592174
0.52% MPWR MONOLITHIC POWER SYSTEMS INC -- $3,323,247.90 4,483 B01Z7J1
0.50% ON ON SEMICONDUCTOR -- $3,154,930.32 40,262 2583576
0.30% ENTG ENTEGRIS INC -- $1,897,116.12 14,034 2599700
0.25% ENPH ENPHASE ENERGY INC -- $1,575,217.84 12,761 B65SQW4
0.25% SWKS SKYWORKS SOLUTIONS INC -- $1,563,666.86 14,902 2961053
0.23% TER TERADYNE INC -- $1,465,054.08 14,296 2884183
0.16% QRVO QORVO INC -- $1,032,962.25 9,105 BR9YYP4
0.15% LSCC LATTICE SEMICONDUCTOR CORP -- $964,499.25 12,903 2506658
0.12% OLED UNIVERSAL DISPLAY CORP -- $762,408.36 4,074 2277880
0.11% MKSI MKS INSTRUMENTS INC -- $725,596.89 5,871 2404871
0.09% RMBS RAMBUS INC -- $581,648.04 10,044 2721967
0.07% CRUS CIRRUS LOGIC INC -- $462,603.50 5,042 2197308
0.07% GFS GLOBALFOUNDRIES INC -- $419,623.05 7,755 BMW7F63
0.06% SLAB SILICON LABORATORIES INC -- $401,817.14 2,974 2568131
0.06% POWI POWER INTEGRATIONS INC -- $384,038.41 5,311 2133045
0.06% SEDG SOLAREDGE TECHNOLOGIES INC -- $371,118.51 5,307 BWC52Q6
0.05% ACLS AXCELIS TECHNOLOGIES INC -- $341,259.90 3,062 BD420Q8
0.05% AMKR AMKOR TECHNOLOGY INC -- $297,825.90 9,654 2242929
0.05% WOLF WOLFSPEED INC -- $296,281.60 11,720 BMBVND9
0.03% ALGM ALLEGRO MICROSYSTEMS INC -- $207,028.31 6,659 BN4LSB6
-- -- NET OTHER ASSETS (LIABILITIES) -- $237,702,113.59 237,702,114 --

Index

as of 12/29/2023

  • Total Number of Companies34
  • Price/Earnings Ratio50.724
  • Price/Book Ratio7.71
  • Dividend Yield ( % )0.83
  • Avg. Index Market Capitalization$101.09 billion
About the Index

The Dow Jones U.S. Semiconductor Index measures the performance of the semiconductor industry of the U.S. equity market. Component companies are engaged in the production of semiconductors and other integrated chips, as well as other related products such as circuit boards and motherboards.

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

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

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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 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.

The "Dow Jones U.S. Semiconductors IndexSM" is a product 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" and "Dow Jones U.S. Semiconductors Index" 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 Jones U.S. Semiconductors Index 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 are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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