ProShares Expands Lineup with ETFs Targeting 2x Daily Returns of Coinbase, Nvidia, Palantir, and Tesla

Sep 10, 2025

World’s largest provider of geared ETFs launches funds magnifying returns of four leading innovators. 

BETHESDA, Md. – ProShares, the world’s leader in geared (leveraged and inverse) investing, today announced the expansion of its product lineup with new single stock ETFs designed to target 2x daily returns of four transformative companies: 

  • ProShares Ultra NVDA (NVDB): Targeting 2x daily returns of NVIDIA (NVDA), a world leader in AI computing and largest public company by market cap.2 

  • ProShares Ultra PLTR (PLTA): Targeting 2x daily returns of Palantir (PLTR), a leader in advanced data analytics and defense technology, and the top-performing company in the S&P 500 year-to-date.2 

“A new breed of innovators—including Coinbase, NVIDIA, Palantir, and Tesla—are both inventing and reshaping entire industries, creating opportunities for consumers and investors alike,” said ProShares CEO Michael L. Sapir. “With the launch of COIA, NVDB, PLTA, and TSLI, investors can now magnify the daily returns of these dynamic companies in funds managed by ProShares, the largest provider of leveraged funds in the world, with nearly three decades of experience.” 

ProShares is the world’s largest provider of geared ETFs, with more than 110 products and over $60 billion in assets across a geared lineup spanning major stock indexes, single stocks, fixed income, commodities, currencies, cryptocurrencies, and volatility.3 

About ProShares 

ProShares has been at the forefront of the ETF revolution since 2006. ProShares manages over $90 billion in assets and offers one of the largest lineups of ETFs.4 The company is a leader in strategies such as dividend growth, high income, interest rate hedged bond, crypto-linked, and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns. 

Sources:
1 CoinMarketCap, as of 9/5/2025. CoinMarketCap ranked and scored 251 exchanges based on traffic, liquidity, trading volumes, and confidence in the legitimacy of trading volumes reported.
2 Bloomberg, as of 8/31/25.
3 Morningstar, as of 8/31/25.
4 Includes assets of both ProShares ETFs and its mutual fund affiliate, ProFunds, as of 8/31/25.
Media Contact:
Steve Schaefer

(212) 207-9456

Steve@hewescomm.com

Investor Contact:
ProShares

(866) 776-5125

info@proshares.com
Media Contact:
Steve Schaefer

(212) 207-9456

Steve@hewescomm.com

Investor Contact:
ProShares

(866) 776-5125

info@proshares.com

These ProShares ETFs seek daily investment results that correspond, before fees and expenses, to 2x the daily performance of a single stock (the “Daily Target”). While the Funds have 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.  

Leveraged single-stock ETF performance depends almost entirely on the performance of a single stock which involves significant risk and eliminates the benefits of diversification. Before investing, you should carefully consider that high volatility may have a significant negative impact on the Fund’s performance.  ETF performance should be measured from one NAV calculation time to the next and does not represent the returns you would receive if you traded shares at other times. Single-stock ETFs are subject to the risks associated with an investment in the underlying issuer. Among others, these ETFs carry risks specific to the technology, electric vehicle, and cryptocurrency sectors. You should refer to the prospectus for a more complete description of issuer risks.  

ProShares has derived all disclosures regarding issuers from publicly available sources it deems to be reliable and makes no representation as to their accuracy or completeness. ProShares cannot give any assurance that all relevant events that would affect the trading price of each issuer have been publicly disclosed. Any future developments, whether disclosed or not, could affect the value of the issuer and, in turn, the value of the respective single-stock ETF. ProShares single-stock ETFs and ProShare Advisors LLC are not affiliated with the underlying stock issuers.  

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. Each single-stock ETF's investment exposure is concentrated in the industry in which the underlying stock operates. Narrowly focused investments typically exhibit higher volatility. Investors could potentially lose the full value of their investment within a single day. Please see the summary and full prospectuses at ProShares.com for a more complete description of risks. 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.  

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 at ProShares.com. Read them carefully before investing. 

ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor or sponsor.

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