Key stats
About ProShares Ultra Euro
Home page
Inception date
Nov 25, 2008
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ULE offers 2x leveraged exposure to the EUR/USD cross. The fund gets this exposure using futures contracts, and as a result, it distributes a K-1 during tax time. As a geared product, ULE isn't designed to be a long-term investment. Rather, it is a short-term trading vehicle that's rebalanced daily. The fund's long-term returns may differ significantly from the performance of the euro against the US dollar as a result of the effects of path dependency and compounding. Also, keep in mind that ULE references the EUR/USD cross as published in the Wall Street Journal a value that may differ from other quoting sources.
Classification
Symbol
Geography
Eurozone
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ULE assets under management is 8.12 M USD. It's risen 0.49% over the last month.
ULE fund flows account for 2.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ULE doesn't pay dividends to its holders.
ULE shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Nov 25, 2008, and its management style is Passive.
ULE expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
ULE follows the U.S. Dollar per Euro. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ULE invests in cash.
ULE price has risen by 2.09% over the last month, and its yearly performance shows a 9.13% increase. See more dynamics on ULE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.15% over the last month, showed a 10.55% increase in three-month performance and has increased by 9.54% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.15% over the last month, showed a 10.55% increase in three-month performance and has increased by 9.54% in a year.
ULE trades at a premium (0.54%) meaning the ETF is trading at a higher price than the calculated NAV.